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OpenAI said Friday that its CEO, Sam Altman, was planning to donate $1 million to President-elect Donald Trump's inaugural fund, joining a number of tech companies and executives who are working to improve their relationships with Trump. «President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead,» Altman said in a written statement sent to The New York Times. His planned donation was first reported by Fox News.

The Supreme Court says it will take up a business-backed appeal that could make it easier to challenge federal regulations, acting in a dispute related to California’s nation-leading standards for vehicle emissions

India Vs Australia 3rd Test Day 1 LIVE Score: The onus will be on the Indian batting line-up as they take on Australia in the third Test at the Gabba in Brisbane on Saturday (December 14) in a do-or-die situation. With the series locked at 1-1, Rohit Sharma's men will need to win the remaining three Tests to qualify for the World Test Championship (WTC) final.

President-elect Donald Trump is offering his support for the dockworkers union before their contract expires next month at Eastern and Gulf Coast ports

Subscribe to enjoy similar stories. The Trump transition team has started to explore pathways to dramatically shrink, consolidate or even eliminate the top bank watchdogs in Washington. In recent interviews with potential nominees to lead bank regulatory agencies, Trump advisers and officials from his newfound Department of Government Efficiency have, for example, asked whether the president-elect could abolish the Federal Deposit Insurance Corp., people familiar with the matter said.

Trump transition team is exploring ways to significantly reduce, merge, or even eliminate the top bank regulators in Washington, The Wall Street Journal reported on Thursday. In recent interviews with potential candidates for leading these regulatory agencies, Trump advisers and officials from the newly established Department of Government Efficiency (DOGE) have inquired about the possibility of the president-elect abolishing the Federal Deposit Insurance Corp, the WSJ said, citing people familiar with the matter. Advisers have asked the nominees under consideration for the FDIC and the Office of the Comptroller of the Currency, if deposit insurance could then be absorbed into the Treasury Department, the report said.

WASHINGTON: Two senior members of Taiwan's government are in the United States to meet people connected to President-elect Donald Trump's transition team, five sources told Reuters, in an effort by Taiwan to establish ties with the incoming administration. Lin Fei-fan and Hsu Szu-chien, both deputy secretaries-general of Taiwan's National Security Council and several of their staff have traveled to the Washington area for meetings through this week, the sources said on condition of anonymity.

Subscribe to enjoy similar stories. SINGAPORE : China’s leaders promised more government support for their struggling economy next year as they brace for the return of President-elect Donald Trump and another big showdown over trade. An annual gathering of top officials on the economy concluded with pledges to cut interest rates and boost government borrowing to pep up economic growth, according to a report by China’s state broadcaster Thursday.

Donald Trump's pick to head the Federal Bureau of Investigation (FBI), has claimed the first casualty from his hit list of 60 people who he thinks are the main actors of the deep state. FBI Director Christopher Wray will resign at the end of the Biden administration, the agency said on Wednesday. Wray was appointed by Trump in 2017 during his first term after Trump fired then director James Comey. After Trump's re-election, he announced several appointments among whom was Kash Patel as the next FBI Director. Since Wray had a 10-year term ending in 2027, Trump's announcement of Patel as FBI head left Wray with two options: leave on his own or be fired when Trump takes charge. Trump and his allies turned on Wray and the FBI after agents conducted a court-approved search of Trump’s Florida resort in 2022 to recover classified documents that he had retained after leaving office. Trump had called it weaponization of the agency which he said was part of a deep state conspiracy aimed at undermining his presidency.

Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago

autonomous driving technologies, Bloomberg News reported on Wednesday. Over the past couple of years, it has expanded in the country to now have close to 600 people in Beijing, and it recently opened a new office in the Zhongguancun tech hub, the report said, citing people familiar with the matter. The artificial intelligence chipmaker employed about 29,600 people in 36 countries at the end of fiscal year 2024, according to a filing published by Nvidia in February.

Subscribe to enjoy similar stories. During Donald Trump ’s first administration, China learned that it couldn’t match the much larger U.S. economy’s tit-for-tat when it came to tariffs, and quickly found other ways to try to inflict pain—often by borrowing from his playbook.

Senate Democrats failed in their bid to confirm a Democratic member of the National Labor Relations Board after the Senate rejected a razor-thin vote that hinged on the pivotal rejections of independent Sens. Joe Manchin of West Virginia and Kyrsten Si...

The Supreme Court is allowing a class-action lawsuit that accuses Nvidia of misleading investors about its past dependence on selling computer chips for the mining of volatile cryptocurrency to proceed

A lawyer and investor who managed money for one of the richest families in Texas, helped create one of the giants of the private-equity business and pushed to bring professional hockey to Seattle has died

President-elect Donald Trump is promising expedited federal permits for energy projects and other construction worth more than $1 billion

Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated

Subscribe to enjoy similar stories. President-elect Donald Trump said his administration would speed the approval of big construction projects for companies that invest more than $1 billion, signaling his intention to push the limits of federal law to boost the economy. In a post on his social-media site, Truth Social, Trump said Tuesday that any person or company investing $1 billion or more in the U.S.

U.S. Defense Secretary Lloyd Austin has met with officials in Japan to reaffirm the importance of their alliance and Washington's commitment to regional security as threats rise from China and North Korea

The proposed $24.6 billion merger between supermarket giants Kroger and Albertsons floundered on Tuesday after judges overseeing two separate cases both halted the deal

A Southwest Airlines jet and a small plane wound up on the same runway in California in October after an air traffic controller cleared both planes to land on the same runway