Author: i2wtc

U.S. Senator Mark Kelly (D-AZ) looks on at a press conference calling for the release of the Epstein files, on Capitol Hill in Washington, D.C., U.S., November 18, 2025. Picture taken November 18, 2025.Annabelle Gordon | ReutersThe FBI plans to interview Sen. Mark Kelly of Arizona and five other congressional Democrats in connection with their appearance in a video encouraging members of the U.S. military to refuse to follow illegal orders, according to reports Tuesday.The FBI contacted Capitol Police to schedule those interviews, NBC News reported, citing a person familiar with those efforts.President Donald Trump last week blasted the video,…

Mifepristone and Misoprostol pills are pictured Wednesday, Oct. 3, 2018, in Skokie, Illinois.Erin Hooley | Chicago Tribune | Tribune News Service | Getty ImagesJust over a year since Donald Trump was elected president again, the $6.9 billion abortion pill industry is operating under the same federal rules he inherited from former President Joe Biden — but new threats to the drug are mounting.Between a Food and Drug Administration safety review that could upend distribution, legal battles over whether the pill can stay on the market, and anti-abortion rhetoric from activists and the Trump administration, drugmakers appear to be bracing for…

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday ordered to immediate abolish the export development surcharge (EDS), taking a small but important step to lower the cost of doing business for exporters and responding to complaints about misuse of funds. The premier instructed to establish a committee to oversee the utilisation of the pending balance of Rs52 billion in the Export Development Fund (EDF), which is funded through a 0.25% surcharge. The decision has been taken following recommendation from the prime minister’s private sector-led working group on the Export Development Fund. Musadaq Zulqarnain, a leading textile exporter, chaired the working group.…

An Abercrombie & Fitch store stands in midtown Manhattan in New York City on Oct. 24, 2024.Spencer Platt | Getty ImagesShares of Abercrombie & Fitch soared 30% in morning trading on Tuesday after the company showed investors it’s set to keep growing, even as its namesake brand slows down. During the apparel retailer’s fiscal third quarter, Abercrombie brand sales fell 2%. But for at least the third quarter in a row, Hollister saved the retailer, as sales climbed 16%. CEO Fran Horowitz said sales at Abercrombie are expected to be flat in the current quarter, indicating growth at Hollister is…

CNBC’s Jim Cramer said Tuesday that Nvidia’s stock slide to its lowest price in nearly three months is a buying opportunity for investors. Shares of the AI chipmaking king declined 6% in morning trading after The Information reported that Meta Platforms is considering using Google’s tensor processing units (TPUs) for its data centers in 2027. Nvidia’s stock has also been hit recently as worries about the valuations of AI-related companies and massive data center spending commitments have put tech stocks and the overall market under pressure. When asked on “Squawk on the Street” whether he would put fresh money into…

Parliament yet to provide a right of appeal against constitutional court’s decisions President Asif Ali Zardari administers the oath to Justice Aminuddin Khan as Chief Justice of the Federal Constitutional Court during a ceremony at Aiwan-i-Sadr on Friday. Photo: APP ISLAMABAD: Contrary to its earlier position, the PML-N led federal government has yet to carry out any legislation to regulate the discretionary power of the chief justice of the newly established Federal Constitutional Court (FCC) to form benches. Likewise, so far, no right of appeal has been provided against FCC decisions. A former attorney general (AGP) has pointed out that…

TSMC on Tuesday filed a lawsuit against a former senior vice president it accused of leaking “confidential information” to Intel.Wei-Jen Lo joined Intel after 21 years at TSMC, having left in July, the Taiwanese chip maker said in a statement, announcing the lawsuit.The lawsuit is based on Lo’s employment contract and non-compete agreement with TSMC, and regulations such as the Trade Secrets Act, the statement said. “There is a high probability that Lo uses, leaks, discloses, delivers, or transfers TSMC’s trade secrets and confidential information to Intel,” it said. TSMC’s share price fell on Tuesday and was last seen over…

Homes in Hercules, California, US, on Wednesday, Nov. 12, 2025. David Paul Morris | Bloomberg | Getty ImagesWeak buyer demand, weakening home prices and overall uncertainty in the economy are combining to make home sellers change their minds and step out of the market. Close to 85,000 U.S. sellers took their homes off the market in September, up 28% from September 2024 and the highest level for that month in eight years, according to Redfin. Sellers are delisting because so many listings are going stale, sitting on the market longer and longer. Redfin reported that 70% of listings in September were…

Elon Musk attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | ReutersElon Musk’s artificial intelligence startup xAI is expected to close a $15 billion round at a $230 billion pre-money valuation next month, sources familiar with the matter told CNBC’s David Faber.The deadline for allocation is the end of day on Tuesday, with the round expected to close on Dec. 19, the sources said.This confirms earlier CNBC reporting that the company was raising $15 billion. The Tesla CEO later called the report on the round “False” in a post on the social media platform…

A freight train loaded with goods departs from the Ganzhou International Inland Port in Ganzhou, east China’s Jiangxi Province, Nov. 19, 2025. (Photo by Zhang Mengfei/Xinhua)NANCHANG, Nov. 25 (Xinhua) — Five years ago, Zhu Hao, marketing general manager of Jiangxi Sanyou Furniture in east China’s Jiangxi Province, could hardly imagine that the European market would one day become a major client. Today, however, Europe accounts for 70 percent of the company’s foreign orders.The transformation began with a visit from a Hungarian delegation facilitated by the Ganzhou International Inland Port. An order worth 100,000 yuan (14,119.1 U.S. dollars) was placed and…