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Business

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Alphabet hits $4 trillion valuation as AI optimism powers Big Tech
Alphabet hits $4 trillion valuation as AI optimism powers Big Tech

MOUNTAIN VIEW, California: Alphabet Inc., Google's corporate parent, crossed a US$4 trillion market valuation on January 12, underscoring...

Dow Jones loses 42 points as Nasdaq Composite takes big hit
Dow Jones loses 42 points as Nasdaq Composite takes big hit

NEW YORK, New York - U.S. stocks slumped on Wednesday, with technology stocks dragging down key benchmarks. While traditional industrials...

Powell calls indictment threat a pretext to control interest rates
Powell calls indictment threat a pretext to control interest rates

WASHINGTON, D.C.: President Donald Trump has sharply intensified his standoff with the Federal Reserve, with the Justice Department...

Emerging markets lift phone shipments as Apple edges Samsung
Emerging markets lift phone shipments as Apple edges Samsung

HONG KONG: Global smartphone shipments edged higher in 2025, helped by improving demand in emerging economies, but growth remained...

Tech, data and regulation skills reshape Britain’s finance workforce
Tech, data and regulation skills reshape Britain’s finance workforce

LONDON, U.K.: Britain's financial sector added jobs at a faster pace last year as firms raced to secure scarce technology and specialist...

Bank targets Gulf wealth surge with locally regulated offerings
Bank targets Gulf wealth surge with locally regulated offerings

DUBAI, U.A.E.: As global banks intensify their focus on fast-growing wealth hubs, HSBC is setting up an onshore asset management business...

Illinois

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GM joins Ford in pulling back from EVs after tax credit exit
GM joins Ford in pulling back from EVs after tax credit exit

DETROIT, Michigan: General Motors is rolling back part of its electric-vehicle push, booking a US$6 billion writedown as weaker demand...

Clayton Kershaw, Alex Bregman to represent Team USA in WBC
Clayton Kershaw, Alex Bregman to represent Team USA in WBC

(Photo credit: Jerome Miron-Imagn Images) Clayton Kershaw is returning to the mound after all. Months removed from announcing his...

Brice Sensabaugh heating up as Jazz open 2-game set vs. Mavs
Brice Sensabaugh heating up as Jazz open 2-game set vs. Mavs

(Photo credit: Kamil Krzaczynski-Imagn Images) The Mavericks will face the Utah Jazz on Thursday night in the first of two consecutive...

Top 25 roundup: Texas ends No. 10 Vanderbilt's perfect start
Top 25 roundup: Texas ends No. 10 Vanderbilt's perfect start

(Photo credit: Dustin Safranek-Imagn Images) Matas Vokietaitis scored 22 points on 7-of-9 shooting from the floor and Texas' defense...

NBA roundup: Knicks lose game, Jalen Brunson to injury vs. Kings
NBA roundup: Knicks lose game, Jalen Brunson to injury vs. Kings

(Photo credit: Sergio Estrada-Imagn Images) DeMar DeRozan scored 27 points and Zach LaVine added 25 as the Sacramento Kings posted...

Nikola Vucevic nets 35, hits late layup as Bulls edge Jazz
Nikola Vucevic nets 35, hits late layup as Bulls edge Jazz

(Photo credit: Kamil Krzaczynski-Imagn Images) Nikola Vucevic scored a season-high 35 points, including the go-ahead layup with four...