NATIONAL

More news
IBTimes Logo

Wall Street Set To Rise As Earnings Pick Up Pace

Wall Street's main indexes were set to open higher on Tuesday as earnings season shifts to high gear beyond big banks, with investors keeping a closing eye on the impact of stronger dollar on corporate America.
FILE PHOTO:Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022.

U.S. Senate Tries Again On Computer Chip Bill To Compete With China

The U.S. Senate is due to vote later on Tuesday on a slimmed-down version of legislation to provide $52 billion in subsidies and tax credits for the computer chip industry, over a year after passing its first version of a bill boosting semiconductor competition with China.
FILE PHOTO:Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022.

U.S. Senate Votes To Move Ahead On Chip Bill To Compete With China

The U.S. Senate on Tuesday voted to move ahead with a slimmed-down version of legislation to provide billions of dollars in subsidies and tax credits for the semiconductor industry, hoping to ease a shortage that has disrupted production in industries from automobiles to electronics and high-tech weapons.
Steve Bannon, talk show host and former White House advisor to former U.S. President Donald Trump, speaks to reporters before entering U.S. District Court in Washington, U.S., June 15, 2022.

Prosecutors To Begin Presenting Case Against Trump Ex-adviser Bannon

Federal prosecutors are due to start presenting their case on Tuesday in the trial of Steve Bannon, a prominent former presidential adviser to Donald Trump, on charges of contempt of Congress for defying a subpoena from the committee investigating last year's attack on the U.S.
Steve Bannon, talk show host and former White House advisor to former U.S. President Donald Trump, speaks to reporters before entering U.S. District Court in Washington, U.S., June 15, 2022.

U.S. Judge Mulls Delay Of Trump Ex-aide Bannon's Trial Over Evidence Dispute

A federal judge said on Tuesday he will consider delaying the criminal trial of Steve Bannon, a prominent former presidential adviser to Donald Trump, due to a dispute over the scope of the defense to be presented for why Bannon defied a subpoena from lawmakers investigating last year's attack on the U.S.
Heatwave in Britain

Britain Boils In Record Temperature Of 40C

Britain recorded its highest ever temperature of 40C (104F) on Tuesday as a heatwave gripping Europe intensified, scorching fields, damaging runways and forcing train tracks to buckle under the pressure.
A mourner offers flowers next to a picture of late former Japanese Prime Minister Shinzo Abe, who was shot while campaigning for a parliamentary election, on the day to mark a week after his assassination at the Liberal Democratic Party headquarters, in T

Analysis: The 2.5 Seconds That Sealed Shinzo Abe's Fatal Security Lapses

Bodyguards could have saved Shinzo Abe if they shielded him or removed him from the line of fire in the 2.5 seconds between a missed first shot and a second round of gunfire that fatally wounded him, according to eight security experts who reviewed footage of the former Japanese leader's assassination.
Lockheed Martin's logo is seen during Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016.

Pentagon And Lockheed Reach Deal To Build 375 F-35 Fighter Jets

The U.S. Department of Defense agreed with Lockheed Martin Corp to build about 375 F-35 fighter jets over three years, the two parties said on Monday, amid expectations the price of the most common version of the aircraft would increase due to inflation and slower production.
Independent truck drivers gather to delay the entry of trucks at a container terminal at the Port of Oakland, during a protest against California's law known as AB5, in Oakland, California, July 18, 2022.

Clogged California Ports Face New Labor Risk From Trucking

Truck drivers choked traffic at the Oakland, California, seaport on Monday protesting a state law that makes it harder for independent contractors to transport goods and could limit labor at the state's already clogged seaports, threatening to worsen the nation's pandemic-fueled supply chain jams.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.