6 d. ago Trump administration threatens some funding for 3 states for not enforcing trucker English rules

Transportation Secretary Sean Duffy says California, Washington and New Mexico could lose millions of dollars of federal funding if they continue failing to enforce English language requirements for truckers

Politics

9 d. ago Trump administration threatens to deport Kilmar Abrego Garcia to Uganda within days after he’s released from detention

The case of the Salvadoran migrant became a symbol of the Trump administration’s boundary-pushing approach to mass deportations

Politics

3 w. ago Trump administration threatens to strip Harvard University of lucrative patents

White House escalates offensive on Ivy League university by calling for review of federally funded researchThe latest phase of the Trump administration’s offensive against Harvard University is a comprehensive review of the university’s federally funded research programs, and the threat to strip the school’s lucrative portfolio of patents.In a letter to the Harvard president, Alan Garber, posted online on Friday, Donald Trump’s commerce secretary, Howard Lutnick, accused Harvard of breaching its legal and contractual requirements tied to federally funded research programs and patents. Continue reading...

Politics

3 w. ago Chinese investment banker Bao Fan released from detention after two years, source says

High-profile founder of China Renaissance Holdings freed as Beijing seeks to drive up business confidenceBao Fan, star dealmaker and the founder of the boutique investment bank China Renaissance Holdings, has been released more than two years after being detained by Chinese authorities, according to a person with knowledge of the matter.China Renaissance sent shock waves through the country’s financial sector in 2023 when it announced it was unable to contact Bao, who founded the bank in 2005 with two others and still owns nearly 49% of its issued shares. The company’s share price tanked as a result of his detention. Continue reading...

Economics

3 w. ago Banker Bao Fan reportedly released from Chinese detention after two years

High-profile founder of China Renaissance Holdings went missing in 2023, sending company’s share price plungingBao Fan, a star dealmaker and the founder of the boutique investment bank China Renaissance Holdings, has been released more than two years after being detained by Chinese authorities, according to a person with knowledge of the matter.China Renaissance sent shock waves through the country’s financial sector in 2023 when it announced it was unable to contact Bao, who founded the bank in 2005 with two others and still owns nearly 49% of its issued shares. The company’s share price tanked as a result of his detention. Continue reading...

Economics

3 w. ago UCLA says Trump administration has frozen $584 million in grants, threatening research

The Trump administration has suspended $584 million in federal grants for the University of California, Los Angeles

Politics