As TikTok’s future hangs in the balance, billionaires are preparing their bids to buy it up and make it wholly American. In April a new law decreed the Chinese-owned video sharing app had to either be sold by owners ByteDance or face being banned in the US altogether over concerns as to how it uses … Read more
Donald Trump’s bid to acquire struggling cryptocurrency firm Bakkt could face a turbulent approval process in New York that would put him on a collision course with Gov. Kathy Hochul’s administration, The Post has learned. Trump Media and Technology Group (TMTG), the parent of Truth Social, is reportedly close to an all-stock acquisition of Bakkt, … Read more
Chocolate maker Cadbury has been dropped from the list of royal warrants for the first time in 170 years. The Birmingham-based chocolatier was awarded its first royal warrant as chocolate and cocoa manufacturers by Queen Victoria in 1854, but it has lost its royal endorsement under King Charles. The King has granted royal warrants to … Read more
PHOENIX — PHOENIX (AP) — Donald Trump suggested Sunday that his new administration could try to regain control of the Panama Canal that the United States “foolishly” ceded to its Central American ally, contending that shippers are charged “ridiculous” fees to pass through the vital transportation channel linking the Atlantic and Pacific Oceans. Panama’s conservative … Read more
WASHINGTON — Russell Hedrick, a North Carolina farmer, flies drones to spray fertilizers on his corn, soybean and wheat fields at a fraction of what it would cost him to use a conventional ground spreader. As a volunteer rescuer, Hedrick uses thermal drones to search for people trapped by mudslides and cargo drones to send … Read more
Japanese automakers Honda and Nissan have announced plans to join forces, forming the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed … Read more
TOKYO — Japanese automakers Nissan and Honda were expected to announce Monday that they are in talks on a merger that would catapult them to No. 3 in a global industry undergoing tectonic shifts as it transitions away from reliance on fossil fuels while facing intensifying competition from Chinese rivals. The two companies, and smaller … Read more
The UK economy failed to grow between July and September, revised official figures show. Initial estimates suggested the economy had grown by just 0.1% between July and September – and shrank during September itself. Uncertainty about the Budget had been blamed for such slow growth. In September, the Bank of England’s chief economist had warned … Read more
Starbucks workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said late on Saturday. The five-day strike, which began on Friday and initially closed Starbucks cafes in Los Angeles, Chicago and Seattle, has added locations in New Jersey, New York, Philadelphia and St. Louis, Workers … Read more
Everyone’s favorite Christmas gift giver, the Internal Revenue Service, has announced that it will be doling out more than $2 billion in checks to Americans this month as part of its effort to make sure everyone received their stimulus payments from 2021. The federal tax agency has announced that an internal review showed many Americans … Read more