Industry

Health Insurance Companies Remove Executive Pages After CEO’s Assassination

The fatal shooting of United Healthcare CEO Brian Thompson has prompted several leading health insurance companies to remove or restrict access to their executive leadership pages. The move comes amid concerns over safety following online activity that some have described as targeting other industry executives.

Bitcoin Hits $100,000: From Experiment to Financial Powerhouse

Bitcoin reached a record price of $100,000 on Wednesday, marking an extraordinary milestone for the once-niche digital currency. The achievement underscores Bitcoin’s evolution from an experimental asset dismissed by Wall Street into a central player in global finance.

Trump Nominates Paul Atkins to Lead SEC

President-elect Donald Trump announced Wednesday the nomination of Paul Atkins, a former Securities and Exchange Commission (SEC) commissioner, to head the agency

Sen. Blumenthal Slams Airlines for Treating Passengers as ‘Piggy Banks’

Senator Richard Blumenthal, chair of the Senate Permanent Subcommittee on Investigations, criticized airlines for exploiting passengers with rising fees for luggage, seat assignments, and other services. Blumenthal's remarks came ahead of a Wednesday hearing titled "The Sky’s the Limit — New Revelations About Airline Fees," where executives from major airlines, including American, United, Delta, Spirit, and Frontier, are set to testify.

Biological Male Alex Consani Wins Transgender Model of the Year at 2024 Fashion Awards

Alex Consani, a biological male, made history as the first transgender individual to win the prestigious Model of the Year title at the 2024 Fashion Awards. The event, held at London’s Royal Albert Hall, saw Consani accept the award with comments calling it a “big step in the right direction.”

Trump Vows to Block $14.9 Billion U.S. Steel Buyout, Promises Tariffs to Revive Industry

President-elect Donald Trump has reaffirmed his opposition to the proposed $14.9 billion acquisition of U.S. Steel by Japanese company Nippon Steel. Trump pledged to block the deal, continuing the stance taken by the Biden administration earlier this year. He proposed stronger tariffs and tax incentives to reinvigorate the iconic steel company and prevent it from relocating its operations out of Pittsburgh.

China Bans Key Mineral Exports to U.S. in Retaliation for Trade Restrictions

China announced Tuesday a ban on exporting certain minerals and metals to the U.S., escalating the ongoing trade and tech war. The targeted materials—germanium, gallium, antimony, and superhard substances—are vital for manufacturing semiconductors, batteries, and military hardware.

Biden Admin Pushes $7 Billion Loan for EV Battery Plants in Indiana

The Biden administration announced a $6.85 billion loan on Monday to build two electric vehicle (EV) battery plants in Kokomo, Indiana.

Trump Vows to Block Sale of U.S. Steel to Japanese Nippon Steel

President-elect Donald Trump has pledged to block the sale of U.S. Steel to Japan’s Nippon Steel, proposing tax incentives and tariffs to preserve the historic American company. Nippon Steel offered $15 billion for the acquisition, but Trump declared his opposition, citing economic and national security concerns.

Sen. Ted Cruz Calls for Investigation Into European Influence on U.S. AI Policies

Sen. Ted Cruz, R-Texas, has called on Attorney General Merrick Garland to investigate whether European governments are improperly influencing U.S. artificial intelligence (AI) regulations. In a letter dated Nov. 21, Cruz expressed concern that European nations, particularly through their regulatory frameworks and organizations like the UK-based Centre for the Governance of Artificial Intelligence (GovAI), are steering U.S. policies in ways that could harm American innovation.

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