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Author: psdk
President Donald Trump has approved a short-term funding measure that ends the longest government shutdown in U.S. history. He signed the bill just hours after the House of Representatives voted 222 to 209 on Wednesday night. The Senate had narrowly passed the same legislation two days earlier following tense negotiations. In the Oval Office, Trump said the government would “resume normal operations” after “people were hurt so badly” during the 43-day closure. Since October, many federal agencies had suspended operations. About 1.4 million federal employees were either on unpaid leave or working without pay. Food assistance programs froze, and nationwide…
US President Donald Trump says he has a “duty” to sue a British broadcaster for editing part of his 6 January 2021 speech in a Panorama documentary. Speaking to Fox News, he claimed the edit “butchered” his words and “misled” viewers. This is his first public comment since his lawyers warned of a $1 billion lawsuit unless the organisation retracts the programme, apologises, and compensates him. Trump says speech was altered In an interview on The Ingraham Angle, Trump said he intends to pursue legal action. “Well, I guess I have to,” he said. “They deceived the public, and they…
The United States Senate has passed a major funding bill that could end the nation’s longest government shutdown within days. The measure cleared the chamber late on Monday with a 60-40 vote, supported by nearly all Republicans and eight Democrats. The deal funds federal operations through the end of January. The bill now moves to the House of Representatives, which must approve it before President Donald Trump can sign it into law. Trump said earlier on Monday that he was ready to support the legislation. The breakthrough followed weekend negotiations between both parties to reopen federal agencies and return employees…
New leader tasked with restoring growth and confidenceDiageo, the world’s largest drinks company, has appointed former Tesco chief executive Sir Dave Lewis as its new boss. He will take over on 1 January, following the summer resignation of Debra Crew, who left after two years at the helm. The move aims to reverse declining sales and strengthen investor confidence. Guinness continues to perform strongly, but other brands have struggled, pushing shares to a 10-year low. Following the announcement, shares rose 7% in early Monday trading. Key brands face challenges in global marketsDiageo owns major drinks brands including Johnnie Walker, Smirnoff…
A powerful super typhoon has hit the Philippines, unleashing strong winds and heavy rainfall. Authorities warn of “life-threatening conditions” as the storm moves across the country’s largest and most populated island. Bicol Region Takes the First Hit Typhoon Fung Wong, with sustained winds of 185 km/h, is battering several provinces, according to the national weather bureau Pagasa. The eastern Bicol region was the first to face its full force early Sunday morning. Luzon, the country’s main population center, is expected to experience the strongest impact by nightfall. Locally known as Uwan, Fung Wong comes just days after Typhoon Kalmaegi devastated…
Airports across the United States fell into chaos on Friday as more than 5,000 flights were cancelled or delayed. Federal orders requiring airlines to cut schedules amid the ongoing government shutdown caused widespread disruption. The measures, applied at 40 of the nation’s busiest airports, aim to ease pressure on air traffic controllers and other essential federal employees still working without pay. Many have been missing shifts or taking second jobs to survive as the shutdown stretches into its second month. The Federal Aviation Administration (FAA) issued an emergency order mandating a 4% reduction in flights, warning that cuts could rise…
Tesla investors have approved a record-breaking pay package for Elon Musk that could total nearly $1 trillion. The deal, backed by 75% of votes at Thursday’s annual meeting, drew loud applause and excitement from attendees. Musk, already the world’s richest individual, must substantially increase Tesla’s market value over the next ten years to unlock the full payout. If he meets all performance goals, he will receive hundreds of millions of new Tesla shares. Critics have called the plan excessive, but Tesla’s board insisted the company cannot risk losing Musk’s leadership. Musk celebrates victory in Austin After the vote, Musk appeared…
President Donald Trump faced intense scrutiny at the Supreme Court on Wednesday over his sweeping tariffs, in a case that could redefine presidential authority and influence U.S. trade policy. Several conservative justices expressed doubt about the administration’s defense, which argued the tariffs were necessary to revive American manufacturing and reduce the trade deficit. Small businesses and several states challenged the measures, arguing the president exceeded his authority by imposing what they described as an unlawful tax. The Supreme Court, with its 6–3 conservative majority, typically takes months to issue major rulings, but many expect a faster decision because of the…
Tesla faces one of the most consequential moments in its history. Ahead of Thursday’s annual general meeting, the company has launched an intensive campaign to convince shareholders that Elon Musk deserves a $1 trillion pay package. Digital ads showcase his achievements, while Votetesla.com features board chair Robyn Denholm and director Kathleen Wilson-Thompson praising Musk to triumphant music. Investor opinion is sharply divided. The meeting in Austin, Texas, could turn into a referendum on Musk’s leadership. His political statements and unpredictable management style have made him one of the most polarizing figures in business today. On X, the platform he owns,…
OpenAI has signed a $38 billion (£29 billion) agreement with Amazon to access its cloud computing infrastructure. The deal strengthens OpenAI’s computing power as it accelerates the development of next-generation artificial intelligence systems. OpenAI expands its technology partnerships In 2025, OpenAI secured over $1 trillion in deals with Oracle, Broadcom, AMD, and Nvidia. The Amazon agreement reduces reliance on Microsoft and gives access to Nvidia’s high-performance processors through Amazon Web Services. The seven-year deal follows a major restructure that ended OpenAI’s non-profit status and reshaped its relationship with Microsoft. The changes provide the company with greater operational freedom and financial…
