Business
December 12, 2025
Disney invests US$1b in OpenAI
Disney is investing US$1 billion in OpenAI and will bring characters such as Mickey Mouse, Cinderella and Luke Skywalker to the AI company’s Sora video generation tool, in a licensing deal that the…
December 12, 2025
Judge orders search shake-up in subdued Google monopoly case ruling
After a five-year legal showdown pitting the US Department of Justice against Google, a federal judge concluded that the disruptive forces of artificial intelligence technology will have a better…
December 12, 2025
Fed Governor Lisa Cook wins first round in legal fight to fire her
A federal court has ruled that US Federal Reserve Governor Lisa Cook can remain in her position while she fights President Donald Trump’s efforts to fire her. The ruling, which will almost certainly…
December 12, 2025
China outlines more controls on exports of rare earths, technology
China outlined new curbs on exports of rare earths and related technologies on Thursday, extending controls over use of the elements critical for many high-tech and military products ahead of a…
December 12, 2025
OpenAI partners with Walmart on shopping in ChatGPT
OpenAI is partnering with Walmart to let shoppers make purchases directly within ChatGPT, furthering the artificial intelligence company’s push to turn its chatbot into a virtual merchant as it seeks…
December 12, 2025
Federal Reserve cuts key rate
The United States Federal Reserve cut its key interest rate on Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed…
December 12, 2025
Relentless rise in carbon pollution from fossil fuels slightly dampens climate-fighting hopes
For each of the past several years, scientists, analysts and officials have been hoping that it would be the year when emissions from the burning of coal, oil and natural gas would stop going up.…
December 12, 2025
US government shutdown costly for Delta airline
The longest shutdown of the United States government on record cost Delta Air Lines an estimated US$200 million, CEO Ed Bastian said Wednesday in the first disclosure by a US airline regarding the…
December 12, 2025
Paramount says China’s Tencent withdrew from Warner Bros bid to avert national security issues
Paramount Skydance says the Chinese gaming and social media giant Tencent Holdings withdrew from its bid to buy Warner Bros Discovery to avert a possible national security review.