Hong Kong CNN — Semiconductor giant TSMC was feted this week by US President Joe Biden and Apple CEO Tim Cook during a ceremony to unveil its $40 billion manufacturing site in Arizona — a huge investment designed to help secure America’s supply of the most advanced chips. But back home in Taiwan, there is […]
New Delhi CNN — India’s ruling Bharatiya Janata Party (BJP) scored a landslide election win in Prime Minister Narendra Modi’s home state of Gujarat on Thursday, in a boost for the leader and his Hindu-nationalist party ahead of the 2024 general election. The BJP took 156 of 182 total seats in the Gujarat state assembly […]
New York CNN Business — A must-pass defense bill now being negotiated in Congress includes new sanctions designed to trip up Russia’s war machine by targeting Moscow’s mountain of gold. The legislative text of the National Defense Authorization bill for fiscal 2023 includes language from a bipartisan bill introduced in March that would make it […]
New York CNN Business — The US trade gap edged only slightly higher in October than the month before, to $78.2 billion. The latest reading was up just 5.4%, less than half the pace of increase from the revised September reading, when the trade deficit jumped by 12.7% to $74.1 billion. A strong dollar and […]
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN Business — Democrats and Republicans in Congress are gearing up for yet another political showdown […]
London CNN — Beijing has set up more than 100 so-called overseas police stations across the globe to monitor, harass and in some cases repatriate Chinese citizens living in exile, using bilateral security arrangements struck with countries in Europe and Africa to gain a widespread presence internationally, a new report shared exclusively with CNN alleges. […]
Editor’s Note: A version of this story first appeared in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Sign up here. Jerusalem and Doha CNN — When special direct flights were announced from Tel Aviv to Doha for the FIFA World Cup, the scene at Ben Gurion airport […]
New York CNN Business — Most labor disputes never end up being debated in Congress. But thanks to a nearly century-old law that regulates labor relations only when it comes to railroads and airlines, what otherwise would be strictly an economic issue became a political one. The Railway Labor Act was passed in 1926 as […]
New York CNN Business — As freight railroad workers look to Congress to provide them with paid sick days, millions of other American employees have no safety net if they fall ill. The US does not have a national standard on paid sick leave, a rarity among industrialized nations. Roughly 1 in 5 civilian workers […]
New York CNN Business — President Joe Biden was in the unusual position Tuesday of being praised by business interests and attacked by his normal allies in the labor movement after calling for Congress to move immediately to block a strike by more than 100,000 union members at the nation’s freight railroads set for the […]