business news

Justice Department charges MIT brothers with $25 million crypto theft that took 12 seconds

The Department of Justice on Wednesday announced the indictment of two brothers who graduated from the Massachusetts Institute of Technology…

Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000

SHANGHAI — Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will…

Netflix to stream Christmas Day NFL games for three years

Netflix will stream Christmas Day National Football League games for the next three years, in its first true step into…

‘We have to do what we have to do’: Israel’s Netanyahu stands firm on Rafah offensive despite U.S. tensions

Israeli Prime Minister Benjamin Netanyahu acknowledged tensions with historical ally the U.S. over the military offensive in Rafah in the…

Georgia president holds talks on ‘how to save’ the country as U.S., EU and NATO decry ‘Russian law’

Georgian President Salome Zourabichvili on Wednesday held talks with European ministers to urgently discuss “how to save” the country, shortly…

Europe must avoid ‘disaster’ of trade decoupling as it eyes China tariffs, EU’s economics chief says

The European Union must avoid a harmful decoupling of global trade as it mulls tariffs on Chinese electric vehicles and…

Biden and Trump agree to debates on June 27 and Sept. 10

President Joe Biden and Donald Trump on Wednesday scheduled two debates shortly after the Democratic incumbent issued a blunt public…

CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a year ago

Inflation eased slightly in April, providing at least a bit of relief for consumers while still holding above levels that…

Sen. Menendez’s wife kept him ‘sidelined’ about money woes, defense lawyer tells jurors in corruption trial

Sen. Robert Menendez’s wife and co-defendant, Nadine Menendez, was hiding her financial troubles from her husband, a defense attorney for…