Author: i2wtc
Apple CEO Tim Cook (R) speaks as U.S. President Donald Trump looks on during an event in the Oval Office of the White House on August 6, 2025 in Washington, DC. Win Mcnamee | Getty ImagesApple said it’s moving production of some of its Mac Mini computers to the U.S. later this year as the company seeks to bolster domestic manufacturing. The iPhone maker last year unveiled plans to invest $600 billion in the U.S., with CEO Tim Cook appearing at the White House with President Donald Trump in August for the announcement of a $100 billion outlay. The company…
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California.Kevin Carter | Getty Images News | Getty ImagesSpirit Airlines is gearing up to shrink to a tiny version of its former self, focusing on high-demand travel periods and routes as well as expanding premium-class seats in an attempt to survive, according to a new plan it unveiled in U.S. Bankruptcy Court on Tuesday.The budget travel icon said it will get rid of even more of its Airbus fleet as it plans to exit its second bankruptcy in…
‘War in the region is in no one’s interest,’ says envoy Reza Amiri MoghadamIranian Ambassador to Pakistan Reza Amiri Moghadam speaking at the Islamabad Institute of Strategic Studies PHOTO: EXPRESS ISLAMABAD: Iran on Tuesday voiced concern over rising tensions between Pakistan and Afghanistan and called for continued efforts to ease relations. Speaking at the Islamabad Institute of Strategic Studies, Iranian Ambassador to Pakistan Reza Amiri Moghadam said, “War in the region is in no one’s interest.” He added that the common enemies of Pakistan and Iran are promoting terrorism and separatism, warning: “We must remain vigilant.” Late Saturday night, Pakistan…
Software stocks made a comeback on Tuesday after Anthropic hosted its enterprise agents event, where it revealed new partnerships, quelling some investor fears that the sector could be displaced by artificial intelligence.The AI startup launched new updates to Claude Cowork that allow companies to integrate the productivity tool into a host of enterprise apps, such as Salesforce-owned Slack, Intuit, Docusign, LegalZoom, FactSet and Google’s Gmail. Organizations can also deploy customizable plugins across sectors like financial analysis, engineering and human resources, Anthropic said.Salesforce, Docusign and LegalZoom shares jumped 4% following the Anthropic announcement. Thomson Reuters’ stock surged more than 11% and…
Council says political activities at Governor House violate Constitution, threatens provincial unitySindh Governor Kamran Tessori. PHOTO: FILE KARACHI: The Sindh Bar Council has demanded the immediate removal of Governor of Sindh, Kamran Tessori, by President Asif Ali Zardari, declaring political activities at the Governor House to be in violation of the Constitution. A resolution against the governor was approved during the 109th meeting of the Sindh Bar Council, held on February 21, which decided that the “involvement of the Governor of Sindh in political activities and using Governor House for political activities is in violation of the Constitution.” The council…
Fintech startup Stripe is now valued at $159 billion after a secondary stock sale for employees and shareholders, the company announced Tuesday.The valuation shows blistering growth from a year ago, when it was valued at $91.5 billion. Stripe’s valuation nearly tripled to $95 billion in 2021. Thrive Capital, Coatue Management, a16z, and others are participating in the tender offer and Stripe will also repurchase shares, the company said in a release. Current and former employees are eligible to sell shares.The company also provided an update on its business, with total payment volume increasing to $1.9 trillion in 2025, up 34%…
CENTURION: World champions South Africa will play eight Test matches at home in the 2026-27 season, Cricket South Africa (CSA) announced on Monday. South Africa, who beat Australia in the 2023-25 Test championship final at Lord’s in England last year, did not play a single home Test match during the current 2025-26 season. But they will play three Tests against Australia, two against Bangladesh and three against England in the coming season with all three series counting towards the 2025-27 World Test Championship. South Africa are currently in third place in the standings after sharing a series 1-1 in Pakistan…
In a 1997 photo, Jeffrey Epstein, left, and Donald Trump pose together at the Mar-a-Lago estate in Palm Beach, Florida.Davidoff Studios Photography | Archive Photos | Getty ImagesThe Department of Justice “appears to have illegally withheld FBI interviews” with a survivor of sex predator Jeffrey Epstein, who had also accused President Donald Trump “of heinous crimes,” Rep. Robert Garcia said on Tuesday.Garcia’s statement comes after reports that FBI interviews with that accuser were not viewable on the DOJ’s database of millions of files related to Epstein that were made public after a federal law was passed by Congress mandating their…
Leon Black, then-CEO of Apollo Global Management, at the Milken Institute Global Conference in Beverly Hills, California, May 1, 2018.Patrick T. Fallon | Bloomberg | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.A $484 million art loan secured by billionaire Leon Black and disclosed in the latest Epstein files highlights one of the fastest-growing and most lucrative corners of the art world.According to a March 2015 document released as part of the Epstein files, Black…
Authority shifted from cabinet to revenue secretary; policy board set to be abolished ISLAMABAD: The government has moved a bill in Parliament to indemnify illegal appointments of members of the Federal Board of Revenue (FBR) and to legalise payments of rewards and incentives made without the approval of the finance minister-led policy board. For the time being, the federal cabinet has delegated its authority to the secretary of the Revenue Division – a grade 22 officer – to make future appointments of members in grades 21 or 22, until Parliament approves the proposed amendments. However, delegating collective authority to a…