Posts by Amelia Frost
Why Trump’s Takedown of an Anti-Bribery Law Could Backfire
President Trump has long argued that a law barring companies from bribing officials of foreign governments stifles deal-making abroad and puts American companies at a disadvantage. But when he effectively put the Foreign Corrupt Practices Act out of commission this week, the order did not elicit the cheers from corporate America that you might have…
Read MoreBus Carrying Freed Palestinian Prisoners Arrives In Ramallah
A bus carrying a group of Palestinian prisoners released Saturday by Israel under the Gaza ceasefire deal arrived to a cheering crowd in the occupied West Bank city of Ramallah, according to an AFP journalist. Wearing traditional keffiyeh scarves, the freed prisoners were hoisted onto the crowd’s shoulders. They hugged relatives before heading to a…
Read MoreOpenAI Rejects Elon Musk’s $97.4 Billion Takeover Bid
OpenAI stated that its board of directors has unanimously rejected Elon Musk’s $97.4 billion takeover offer. “OpenAI is not for sale, and the board has unanimously rejected Mr. Musk’s latest attempt to disrupt his competition,” said a statement from Bret Taylor, chair of OpenAI’s board, on Friday. In a letter sent to Musk’s attorney on…
Read MoreTrump Hints at Potential Auto Tariffs to Be Imposed on April 2
U.S. President Donald Trump on Friday revealed that he intends to impose tariffs on imported cars starting around April 2. This decision could have a substantial impact on automakers from Japan, Germany, and South Korea, potentially disrupting their operations and trade with the United States. The tariffs are part of a broader strategy, and their…
Read MoreHamas Frees Three Hostages, Including American-Israeli, in Recent Exchange
Sagui Dekel-Chen, a 36-year-old American-Israeli, was one of three hostages released by Hamas on Saturday morning, ending nearly a year and a half of captivity in Gaza. Alongside him, Israelis Sasha Troufanov, 29, and Iair Horn, 46, were also handed over to Red Cross officials in the southern Gaza city of Khan Younis. The release…
Read MoreUncertainty About Economic Policy Is Hampering Business Decisions
It is an axiom heard countless times in business school lecture halls and on corporate earnings calls: Uncertainty is bad for business. The U.S. economy is about to test that proposition like never before. The first weeks of the second Trump administration have been a dizzying whirlwind of economic policy moves: A spending freeze was…
Read MoreMedicare Doesn’t Pay for Everything: How to Bridge the Cost Gap
Medicare can cover most of your health care needs when you turn 65, but it doesn’t pay for everything. And one of the most significant financial challenges to watch out for are the out-of-pocket costs you can face aside from monthly premiums — including deductibles and other types of cost sharing. Just how much you’ll…
Read MoreFlanked By Masked Gunmen, Israeli Hostages Address Gazans Before Release
Their voices monotone and their faces staring mostly ahead, three Israeli hostages spoke in Hebrew on a Gaza stage before walking to freedom on Saturday, after more than 16 months of captivity in the Palestinian territory. The carefully choreographed handover to the Red Cross in Gaza came as part of an ongoing ceasefire deal with…
Read MoreMyanmar Militia Says Ready To Deport 10,000 Cyber Scam Workers
A Myanmar ethnic militia said on Saturday it was preparing to deport 10,000 people linked to cyber scams in the area it controls to Thailand as part of a crackdown on the illicit compounds. Scam compounds have mushroomed in Myanmar’s borderlands and are staffed by foreigners who are often trafficked and forced to work, swindling…
Read MoreSpanish Tourist Hotspot Malaga To Ban Horse-drawn Carriages
A pair of tourists admire the shimmering Mediterranean from their horse-drawn carriage on the seaside promenade in Spain’s southern port of Malaga — a postcard image whose days are numbered. The city wants to ban horse-drawn carriages from its streets this year to protect the animals after years of criticism of the trade. The decision…
Read MoreTEPCO Takes On Challenge Of Making Space For Fukushima Nuclear Debris
Workers at Japan’s crippled Fukushima nuclear plant have started dismantling water storage tanks to free up space for tonnes of nuclear debris, 14 years after the facility was hit by a devastating tsunami. Operator Tokyo Electric Power Company (TEPCO) has been charged with finding a suitable place to store around 880 tonnes of radioactive material…
Read MoreAfrican Union Summit Opens, Overshadowed By DR Congo Conflict
The escalating conflict in Democratic Republic of Congo will dominate an African Union summit opening Saturday, with the DRC president absent after Rwandan-backed forces seized a second major city on his territory. The 55-nation body meets in the Ethiopian capital Addis Ababa as Africa faces devastating conflicts in the DRC and Sudan — as well…
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