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Today: August 25, 2026
Today: August 25, 2026

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China robot maker Unitree's post-listing slump sparks bubble fears

A roughly 45% slump in the shares of Unitree, China's best-known humanoid robot maker, since a more than fivefold jump on its Shanghai debut has triggered concerns about bubble risk, retail investor losses and flaws in the IPO system.The wild swings in Unitree's valuation - soaring to $66 billion at one point and later plunging by $30 billion - have led to questions about whether enthusiasm for AI and robotics has outpaced fundamentals.The post-listing selloff in the company, one of the world's largest producers of quadruped and humanoid robots, has also led to soul-searching over China's lis
China robot maker Unitree's post-listing slump sparks bubble fears
Business|Economy|Political|World

French has become a sticking point in the Canada-US trade dispute. Here’s why

As a trade war between the United States and Canada looms following the collapse of talks last week, a key issue has emerged that’s further inflamed tensions between the longtime allies: French language laws.Canada is a bilingual country and has laws protecting both of its official languages: English and French, the first language spoken for roughly one fifth of the population, including nearly 85% of primarily Francophone province of Quebec.Among the laws, product labels must be displayed in both English and French, and US streaming platforms must support and promote Canadian content (inclu
French has become a sticking point in the Canada-US trade dispute. Here’s why
Business|Economy|World

Australia central bank debated rate hike in August, with board divided

The nine-member policy board of Australia's central bank was divided on whether to raise interest rates at its August policy meeting, with "several" judging a hike might be necessary given upside risks to inflation. Minutes of the Reserve Bank of Australia's August board meeting released on Tuesday showed other board members felt the current cash rate of 4.35% was working to bring inflation down and that they could afford "some time" to see how the economy evolved. The board eventually unanimously decided to hold rates steady after debating the case to hike for a fourth time this year. The mi
Australia central bank debated rate hike in August, with board divided

US News

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Election|Finance|Political|Stock Markets|US|World

Supreme Court backs Trump’s order to curb mail ballots

The Supreme Court on Monday said that President Donald Trump could begin carrying out parts of an executive order intended to restrict mail voting, but additional legal challenges could hinder implementation of his plan before the November midterm election.Though the court framed the order as limited, its decision injects new uncertainty about the voting rules for the midterms by keeping alive the possibility that Trump will ultimately be permitted to impose policies outlined in the March order that gave the US Postal Service and the Department of Homeland Security unprecedented roles in the r
Supreme Court backs Trump’s order to curb mail ballots
Political|US|World

Democratic senators demand review of conditions on the USS Abraham Lincoln, other US warships participating in Iran blockade

Two influential Democratic senators are demanding that the Pentagon investigate quality-of-life issues aboard Navy ships participating in the standoff with Iran, according to a letter shared exclusively with CNN.In the letter sent Monday to Defense Secretary Pete Hegseth and acting Navy Secretary Hung Cao, the lawmakers requested “an immediate independent strategic review” of the recent deployments of the USS Abraham Lincoln and USS Gerald R. Ford aircraft carriers and the USS Benfold destroyer, which spent four days last month without power in the South China Sea after an engineering fail
Business|Economy|Finance|US|World

Trump is threatening new Canadian auto tariffs. That will hurt US automakers and workers

President Donald Trump’s threat of 50% auto tariffs on all imports from Canada is just the latest action to rattle an industry that’s endured shifting trade rules since he returned to office.Trump issued the auto tariff plans early Monday, just as trade tensions between the two neighbors ratcheted up. On Saturday, the US slapped 50% tariffs on a much more limited group of Canadian exports after efforts to strike a deal collapsed.But the steep auto tariffs, if enacted, could disrupt long-established business practices and have far-reaching consequences across the auto industry, experts say.
Trump is threatening new Canadian auto tariffs. That will hurt US automakers and workers
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California cancels talks with Paramount over Warner Bros deal

- California Attorney General Rob Bonta canceled a meeting with Paramount Skydance representatives scheduled for Monday to begin settlement talks over the state's lawsuit seeking to block Paramount's proposed $110 billion acquisition of Warner Bros Discovery, his office said.Paramount has pushed for a settlement in the case, which is the last hurdle to the deal along with a parallel lawsuit by the Writer's Guild of America. The company faces a mountain of fees and costs to keep the deal together if the lawsuit continues to a trial scheduled for March. Bonta and his partner states have so far w

World News

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Business|Economy|Political|World

Trump moves toward levying new tariff on China for flooding market with cheap goods, AP sources say

President Donald Trump is moving toward levying a new tariff on China that would penalize the world’s second-largest economy for flooding the global market with underpriced goods, according to three people familiar with the matter. Two of the people, who spoke on condition of anonymity to discuss internal deliberations still being finalized, said Trump is considering setting the new tariff at 7.5%. It's a level administration officials believe would not endanger the one-year trade truce between Washington and Beijing or a planned White House meeting between Trump and Chinese P
Trump moves toward levying new tariff on China for flooding market with cheap goods, AP sources say
Economy|Environment|Political|World

Nevada sues to block Trump administration's Colorado River plan

Nevada sued the Trump administration on Monday to block its plans for slashing water supplies from the drought-stricken Colorado River, saying it could devastate the state and would violate the laws governing the river.The Department of the Interior on Friday finalized its plan that included a 21% reduction in water from the river to California, Nevada and Arizona for two years starting in 2027. The cuts to the three so-called lower basin states could nearly double after 2028, a move that Arizona and Nevada have said would have huge consequences for their economies.The four so-called upper ba
Business|Economy|Finance|World

From honey to hockey sticks, Trump's trade war with Canada hikes tariffs on a long list of goods

Honey. Makeup. Christmas decorations. And hockey sticks. Those are just a few of the hundreds of different Canadian products that President Donald Trump's administration has slapped with a 50% tax to enter the United States. The new tariffs, which kicked in Saturday, are expected to affect about $20 billion in Canadian goods, which represents roughly 5% of the $381.92 billion worth of products that the country sent to the U.S. last year. While that's far from the majority of Canada's exports, 50% is a punishing rate. And households could feel the strain of higher p
From honey to hockey sticks, Trump's trade war with Canada hikes tariffs on a long list of goods
Election|Finance|Political|Stock Markets|US|World

Supreme Court backs Trump’s order to curb mail ballots

The Supreme Court on Monday said that President Donald Trump could begin carrying out parts of an executive order intended to restrict mail voting, but additional legal challenges could hinder implementation of his plan before the November midterm election.Though the court framed the order as limited, its decision injects new uncertainty about the voting rules for the midterms by keeping alive the possibility that Trump will ultimately be permitted to impose policies outlined in the March order that gave the US Postal Service and the Department of Homeland Security unprecedented roles in the r

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Business|Economy|Finance|Stock Markets|World

Trump's 'economic D-Day' threats become warnings for countries to sever financial ties with Iran

Trump's 'economic D-Day' threats become warnings for countries to sever financial ties with Iran
Political|US|World

Abdul El-Sayed distances himself from left-wing influencer after comments about American Jews

Abdul El-Sayed distances himself from left-wing influencer after comments about American Jews

Business|Crime|Election|Finance|Political

California Supreme Court hears arguments over sheriff's seizure of ballots

The California Supreme Court is considering whether Riverside County Sheriff Chad Bianco must return seized election ballots

Crime|Health|Political

Fentanyl investigations and seizures dropped during Trump’s immigration crackdown, federal watchdog says

Fentanyl investigations and seizures dropped during Trump’s immigration crackdown, federal watchdog says
Business|Economy|Political|World

US widens sanctions on Iran but withholds more punishing options

The U.S. on Monday unveiled an expansion of sanctions that it said would cut off Iran's economic lifeline but stopped short of the most

Business|Economy|Environment|Travel

Big Sur businesses reopen as Timber Fire containment grows, Highway 1 closure shrinks

Big Sur businesses reopen as Timber Fire containment grows, Highway 1 closure shrinks

Business|Crime|Economy|Education|Environment|Health|Lifestyle|Science|Technology

Drones are the latest buzzy tech aimed at stopping a school shooting. They’re part of a billion-dollar industry

Drones are the latest buzzy tech aimed at stopping a school shooting. They’re part of a billion-dollar industry
Business|Economy|Entertainment|Sports

The AI-related reason every billionaire suddenly wants to own a sports team

The AI-related reason every billionaire suddenly wants to own a sports team

Business|Entertainment|Political|Sports|World

Trump caps summer of US 250th birthday at IndyCar race through Washington

President Donald Trump capped celebrations of the U.S. 250th anniversary with a first-of-its-kind auto race through the streets of Washington, closing a

Environment|Political|World

See before-and-after satellite images of Reno area wildfire, which firefighters are starting to contain

See before-and-after satellite images of Reno area wildfire, which firefighters are starting to contain

California & Local

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Local

From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls

From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

Technology

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Business|Science|Technology|World

China proposes road traffic law amendment with autonomous vehicles section, Xinhua says

China proposes road traffic law amendment with  autonomous vehicles section, Xinhua says
Business|Crime|Science|Technology|World

Alabama launches probe into OpenAI after Hugging Face breach

Alabama launches probe into OpenAI after Hugging Face breach
Business|Economy|Finance|Political|Stock Markets|Technology|US

S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves

S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
Arts|Crime|Economy|Education|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Science|Sports|Stock Markets|Technology|Travel|US|World

Trump administration plans to revoke visas of foreigners seeking asylum

Trump administration plans to revoke visas of foreigners seeking asylum

Lifestyle

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Crime|Lifestyle|Political|World

Wife of active-duty Army sergeant is deported to Honduras under Trump's immigration crackdown

Wife of active-duty Army sergeant is deported to Honduras under Trump's immigration crackdown
Arts|Crime|Economy|Education|Environment|Europe|Fashion and Beauty|Finance|Food|Health|Interview|Lifestyle|MidEast|Opinion|Science|Sports|Stock Markets|Technology|Travel|US|World

Trump administration plans to revoke visas of foreigners seeking asylum

Trump administration plans to revoke visas of foreigners seeking asylum
Business|Lifestyle|Sports

Texans acquire WR Kayshon Boutte from Patriots to fill void after Jayden Higgins' injury

Texans acquire WR Kayshon Boutte from Patriots to fill void after Jayden Higgins' injury
Business|Entertainment|Lifestyle|Political|Sports

Enes Kanter Freedom and Royce White are not eligible for the WNBA draft, AP source says

Enes Kanter Freedom and Royce White are not eligible for the WNBA draft, AP source says