TechUS semiconductor company settles export case for $4.25 million over Huawei shipments
Company sent 1,650 power controllers, smart power stages, and accessories to Huawei without approval, Commerce Department
Jul 3, 2025
Monitoring Report
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World Business NewsParamount agrees to pay $16 million to settle Trump suit over Kamala Harris interview
The settlement allocates the funds to Trump’s future presidential library and includes no apology or admission of wrongdoing, Paramount says
Jul 3, 2025
HeadlinesSearle Appoints Tahir Ahmed as New CEO Amid Leadership Transition
Nadeem Ahmed retires as CEO, remains on board as senior advisor
Jul 3, 2025
TechOpenAI says it is not part of Robinhood token offer
Robinhood says it will give EU users 5 euros in OpenAI and SpaceX tokens if they register to trade stock tokens by July 7
Jul 3, 2025
AutomobileChinese automaker Changan plans European factory to support EV sales
Changan sold 600,000 vehicles outside China last year and aims to increase that number to 1 million in 2024, executive says
Jul 3, 2025
World Business NewsNike, Levi’s and others gain after U.S.-Vietnam trade deal
Nike shares rise 4%, Under Armour gains 2%, Levi Strauss is up nearly 2%, and On Holding increases by 3%
Jul 3, 2025
TechMeta's Instagram outage hits thousands of users in the U.S.
The outage gain attention on other platforms, with users sharing posts about the disruption
Jul 3, 2025
TechEU seeks private funding to lead in quantum technology
EU tech chief says only 5% of global private investments in quantum technology currently go to Europe, and increasing that share is a priority
Jul 3, 2025
HeadlinesSIFC orders revision of Brownfield Refinery Policy to resolve $6 billion investment standoff
Council sets September 31 deadline for resolution of sales tax exemption issue, hindering $6 billion in refinery upgrades
Jul 3, 2025
World Business NewsWHO calls for countries to hike prices on sugary drinks, alcohol and tobacco by 50%
The organization estimates the plan could raise $1 trillion by 2035, based on data from countries like Colombia and South Africa
Jul 3, 2025
World Business NewsGiorgio Armani profit drops 24% in 2024
Net revenues drop 5% at constant exchange rates to 2.3 billion euros
Jul 3, 2025
HeadlinesPakistan, US in final trade talks to close tariff deal ahead of July 9 deadline
A Pakistani delegation is in Washington aiming to prevent the reimposition of a 29% US tariff on textiles and agricultural exports
Jul 3, 2025