business news

China’s livestream shopping is booming, fueling new tech such as avatars and AI

BEIJING — Livestream shopping is taking off in China, driving development of new tech products such as virtual human streamers…

Macy’s shares surge 21% after it receives $5.8 billion buyout offer

Arkhouse Management and Brigade Capital Management have offered to buy Macy’s for $5.8 billion, people familiar with the matter told…

Trump writes on social media he no longer plans to testify in civil fraud trial on Monday

Former President Donald Trump wrote in a social media post on Sunday that he won’t testify in his $250 million…

Zelenskyy will meet Biden at the White House amid a stepped-up push for Congress to approve more aid

President Joe Biden and Ukraine’s leader, Volodymyr Zelenskyy, will meet at the White House on Tuesday as the U.S. administration…

Argentine President Milei warns economic shock unavoidable in maiden speech

Argentina libertarian economist Javier Milei took office on Sunday warning in his maiden speech that he had no alternative to…

UPenn President Liz Magill, board chair both resign following backlash over congressional antisemitism testimony

University of Pennsylvania President Liz Magill resigned on Saturday after receiving criticism for her testimony at a congressional hearing on…

U.S. government uses emergency authority to provide tank shells to Israel

The Biden administration has used an emergency authority to allow the sale of about 14,000 tank shells to Israel without…

Ukraine aid in growing jeopardy as Republicans double down on their demands for border security

A deal to provide further U.S. assistance to Ukraine by year-end appears to be increasingly out of reach for President…

Texas Supreme Court temporarily blocks woman from emergency abortion

The Texas Supreme Court temporarily blocked a pregnant woman from obtaining an emergency abortion on Friday, shortly after the state’s…