President Donald Trump's decision to remove the 10% tariff on Scotch whisky exports to the U.S. has brought relief to the embattled sector — and could also provide a much-needed boost to a niche corner of the industry: premium cask investing.
HAVANA, Cuba — US Secretary of State Marco Rubio on Friday defended the Trump administration's decision to slap new sanctions on Cuba, the largest of which is against GAESA, or Grupo de Administración Empresarial S.A., a business conglomerate operated by the Cuban Revolutionary Armed Forces.
Chinese flag is on display during a ate evening with the background of central business district in Beijing, China, Monday, July 15, 2024. (AP Photo/Vincent Thian)
A beloved Bay Area pizza shop owner shocked fans after announcing that he’s closing his doors after more than 10 years and going into the frozen pizza business exclusively.
Nike was sued on Friday by consumers who accused the athletic apparel and footwear maker of not refunding tariff-related costs it passed on in the form of higher prices.
The US Treasury on Friday announced sanctions against 10 individuals and companies, including several in China and Hong Kong, over accusations they aided Iran's efforts to secure weapons and the raw materials needed to build its Shahed drones and ballistic missiles.
A federal judge on Friday declined to quickly approve the Securities and Exchange Commission’s $1.5 million settlement with Elon Musk over his purchase of Twitter, saying she wants more information about whether the accord is fair and how it was reached.
Los Angeles is going all in on its Olympic glow-up, with city leaders pushing a staggering $2.6 billion makeover of the aging LA Convention Center (LACC) in a desperate bid to revive a struggling downtown before the 2028 Games.
Affirm CEO Max Levchin told Jim Cramer the American consumer remains strong, even as concerns about the economy and spending continue to mount in the face of high gas prices.
The US Treasury Department has imposed sanctions on 10 individuals and companies accused of helping Iran’s military obtain weapons and materials used in the production of Shahed drones.
Geopolitical risks and the oil shock from the Iran war were cited as the two biggest concerns facing the US financial system, according to a new Federal Reserve report.
WASHINGTON, May 8 (Yonhap) -- South Korea and the United States on Friday signed a memorandum of understanding (MOU) to advance bilateral shipbuilding cooperation, the U.S. International Trade Administration said.
Inspire Brands, the owner of fast-food chains Dunkin’, Arby’s and Jimmy John’s, said Friday it had confidentially filed for a US initial public offering, as the consumer IPO market picks up steam after a tepid 2025.
OnlyFans has agreed to sell a minority stake to investment firm Architect Capital in a deal valuing the adult-content platform at $3.15 billion, the Wall Street Journal reported.
NEW YORK — The recent grounding of US budget carrier Spirit Airlines could help ease shortages of next-generation RTX spare engines needed to keep late-model Airbus single-aisle jets flying, industry executives and analysts say.
Anthropic's Claude agents have soared in popularity, putting pressure on the company's compute capacity. (Nikkei Montage/Source photos by Reuters and AP)
President Anura Kumara Dissanayake yesterday said both Sri Lanka and Viet Nam have agreed to further strengthen economic cooperation with the aim of increasing bilateral trade to US$ 1 billion by 2030.
Toyota expects a sharp decline in profit as rising material and shipping costs tied to the Iran conflict pressure its business, according to Bloomberg.
The Committee on Public Finance (CoPF) has raised concerns regarding the failure of the National Development Bank (NDB)’s audit committees to detect a massive internal fraud, estimated at over Rs.13 billion and the effectiveness of its internal controls.