BUSINESS

China might not be able to rely on trade to steer it out of trouble as blistering tariffs being considered by US President-elect Donald Trump threaten an already struggling economy.

A huge federal probe was under way Tuesday into what caused the deadly Los Angeles wildfires, with millions in the city clamoring for answers.

Billionaires Elon Musk, Jeff Bezos and Mark Zuckerberg will attend Donald Trump's inauguration next week, NBC news reported Tuesday, further highlighting the tech moguls' efforts to develop closer ties with the incoming president.

Do people with obesity have an illness? When obesity affects the functions of people's organs, it should be considered a distinct illness called "clinical obesity," the commission said.

Starbucks has stirred the coffee pot by reversing a policy that allowed anyone to use its bathrooms, with the US public warned they'll need to buy something or get out.

One rocket, two missions: Lunar landers built by US and Japanese companies are poised to "rideshare" to the Moon, showcasing the private sector's growing role in space exploration.

Boeing delivered just 348 commercial planes in 2024 according to figures released Tuesday that showed the ugly effects from a year of labor disruption and safety setbacks.

Boar's Head faces scrutiny over unsanitary conditions described as "general filth," wrote an inspector about an Indiana plant.

TikTok faces an imminent shutdown in the United States after Congress passed a law last year forcing its Chinses owner ByteDance to either sell the platform or close it by this Sunday.

The holiday season wasn't just merry–it was costly, with 1 in 10 consumers admitting that they went over their budget holiday shopping.

Swiss chocolate maker Lindt & Spruengli announced Tuesday that it would raise prices again in 2025 after strong sales last year showed that increases had not cut the appetite of consumers.

McDonald's is scaling back its CosMc's spin-off by closing three larger Texas locations.

The head of the left-leaning US news channel MSNBC has quit, a source at the network told AFP Tuesday, just days before Donald Trump returns to the White House threatening to silence critical coverage.

Michael S. Barr, the Federal Reserve Board Vice Chair for Supervision, will step down from his role effective February 28, 2025 while continuing as a governor

The leader of breakaway Moldovan region Transnistria visited Moscow recently for talks on resolving its energy crisis, local media reported Tuesday.

Amazon will invest more than $5 billion in a data center in central Mexico, the e-commerce giant said on Tuesday, part of a push by big tech to add more storage facilities to meet the needs of AI. The director of Amazon Web Services (AWS) in Latin America, Paula Bellizia, announced the investment at President Claudia Sheinbaum's regular morning news conference in Mexico City.

Starbucks has ended its open-door policy, which allowed anyone, not just a customer, to use its spaces without buying anything.

The airline has suffered since the pandemic and is looking to save money where it can.

Furious at the prospect of a US government ban on social media platform TikTok, American users have flocked to another Chinese-owned app in droves, many with a defiant message: "Take my data!"

Britain's competition watchdog Tuesday launched an investigation into Google's dominant position in the search engine market and its impacts on consumers and businesses.

Britain's finance minister Rachel Reeves is expected to address parliament Tuesday to try and regain the confidence of markets in the face of rising pressure over the country's struggling economy.

TikTok on Tuesday labeled as "pure fiction" a report that China is exploring a potential sale of the video-sharing platform's US operations to billionaire Elon Musk as the firm faces an American law requiring imminent Chinese divestment.

Walmart says the update is part of a "comprehensive brand refresh."

Chinese authorities are in talks to sell TikTok's US operations to Elon Musk as the app faces a looming ban. Musk's ties to President-elect Donald Trump could facilitate the deal.

Dubbed a "motorway for cyclists" where avid amateurs can chase Tadej Pogacar up mountains teeming with the highest concentration of professional cyclists per square mile in the world, Spain's Costa Blanca has forged a new reputation for itself in recent years.

Asian markets diverged Tuesday as bargain buying after recent losses played against ongoing worries about the outlook for the global economy and the impact of a second Donald Trump presidency.

Blue Origin, the space company founded by billionaire Jeff Bezos, hopes to launch its huge new rocket early Tuesday morning, but has flagged lousy overnight weather could mean a scrubbed lift-off for a second straight day.

California Governor Gavin Newsom has accused tech billionaire Elon Musk of spreading "lies" about the state's response to deadly wildfires ravaging Los Angeles, escalating their online row over swirling misinformation.

SB Workers United claims workers were being required to work in areas where the air quality is unsafe.