President Financial News

California Gov. Gavin Newsom’s trip to China, with the stated goal of working together to fight climate change, resulted in a surprise meeting with leader Xi Jinping and was filled with warm words and friendliness not seen in years in the China-U.S. re...

The United Auto Workers union says it reached a tentative contract with General Motors, the last of the Detroit Three automakers to agree to a deal

Hurricane Otis shredded Acapulco, Mexico, last week and tore apart the lives of hundreds of thousands of people

Ivanka Trump’s testimony at her father’s New York civil fraud trial is being delayed until next week so there is sufficient time for her to be questioned

Autoworkers are the latest to spotlight the power of US labor.

Kazakhstan has confirmed the nationalization of ArcelorMittal Temirtau which operates the country’s largest steel plants and several coal and ore mines following a coal mine fire that killed, according to emergency services, at least 32 workers while a...

Tentative pacts were made with Stellantis and Ford.

German Chancellor Olaf Scholz has met with Nigerian President Bola Tinubu as part of a West Africa tour as the European country looks to diversify its trade partners and expand economic partnerships in the energy-rich region

The European Commission’s top official says a decade-long investment package for Western Balkan countries that are seeking to join the bloc could vastly improve the region's economy

President Joe Biden has signed a sweeping executive order to guide the development of artificial intelligence

A deal has been reached to end a week-long strike that had shut down a major shipping artery in the Great Lakes, halting the flow of grain and other goods from the U.S. and Canada

Sources say Jeep maker Stellantis reached a tentative contract agreement.

Trinamool Congress top leaders ahead of the coming Lok Sabha polls as the party claimed to have «learnt their lessons from the past» in 2021 polls, BJP State President Sukanta Majumdar said on Monday. The saffron party, however, is open to taking grassroot workers from both Trinamool (not leaders) and CPI-M, who have concern for the welfare of the state. «They are welcome to join BJP,» the state President said. «We have already learnt lessons by burning our hands during the last assembly polls.

Elon Musk is expected to attend a global summit on artificial intelligence in Britain this week, according to a government official. Britain is bringing together representatives of AI companies, political leaders and experts on Nov. 1-2 to discuss what some see as the risks posed by AI, with an aim of building an international consensus on its safe development.

Israel and Palestine's conflict has taken an ugly turn leaving thousands dead, and lakhs homeless. The war which began on October 7, has killed more than 1,400 Israelis and nearly 8,000 Palestinians over the last three weeks. Amid the ongoing war, several organisations such as the UN, UNICEF, WHO, and Amnesty International, among many others, have spoken about the crisis and ways to end it. Not just the organisation, several Hollywood stars and other public figures such as Natalie Portman and Madonna, have spoken out to condemn the violence and offer support to victims. President Joe Biden, after the attack on October 7 in a statement, said that the entire US condemns this appalling assault against Israel by Hamas terrorists from Gaza.

By Jack Queen

By Jeff Mason and Alexandra Alper

Israel and Gaza since the Israel and Palestine war began on October 07, 2023. With this brutality escalating for over 20 days now, various organizations, including the UN, UNICEF, WHO, and Amnesty International, among many others, have urged for a ceasefire in order to save lives. Apart from these organizations, various artists from Hollywood, including Drake, Jennifer Lopez, Adam Lambert, and others, have come forward in support of the ceasefire. These artists have joined the increasing number of artists who have signed an open letter by lending their voices. This letter urges Congress and President Joe Biden to support a cease-fire in the war between Israel and Hamas. The letter of Artists4Ceasefire was sent to President Joe Biden last week, urging them to get both Israel and Hamas to agree to a cessation of fighting in the three-week war. The letter further added that more than 5,000 people have lost their lives in the last week and a half. Regardless of religion or ethnicity, the actors said they regard all life as sacred and reject the killing of Israeli and Palestinian civilians.

Google CEO Sundar Pichai tells it, his company has always been on the side of consumers. It has paid billions to other industry giants, including Apple and Samsung, he said, to make sure Google's internet search engine worked as well as it should on those companies' devices. Testifying on Monday in Google's landmark antitrust trial, Pichai directly contradicted the Justice Department's claims that his company's huge payments to companies such as Apple to be the default internet search option on their popular devices represent its unchecked monopoly power. Pichai said he had been worried that Apple, in particular, would make it more difficult to use Google's search on its devices and he believed Google had to pay to make sure that wouldn't happen.

By Sabrina Valle

(Reuters) -General Motors and the United Auto Workers (UAW) union reached a tentative agreement, two sources familiar with the matter told Reuters on Monday, effectively ending the simultaneous strike against the Detroit Three automakers with record wage and benefit hikes.