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Business

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Tech stocks lead Wall St lower, Nasdaq Composite falls 73 points
Wall Street slides, Dow Jones drops 115 points

NEW YORK, New York - U.S. stocks weakened across the board on Tuesday, led by the tech sector once more. I would say that the largest...

Google hits 150 million users for subscription service with AI help
Alphabet's Cloud service soars with Google One growth surge

SAN FRANCISCO, California: Google One, Alphabet's subscription service that offers cloud storage and AI-powered features, has surpassed...

China's heavy truck market maybe 50% electric by 2028: CATL chief
Half of China's heavy truck sales could be EVs by 2028, CATL says

BEIJING, China: China's sales of heavy trucks could be dominated by electric vehicles by 2028, with battery-powered models potentially...

Apple blocks Fortnite on iPhones in US, Epic Games says
Apple blocks access to video game Fortnite in US, EU, Epic Games says

STOCKHOLM, Sweden: Apple has blocked access to the popular video game Fortnite on iPhones in the United States and through Epic Games'...

Wall Street falters as America's credit rating is downgraded
Moody's AAA rating downgrade dents U.S. stock markets, dollar, bonds

NEW YORK, New York - U.S. stocks struggled on Monday as a further downgrading of U.S. debt by Moody's sent the dollar sliding and Treasury...

Richemont sales up 7% on strong jewelry demand
Cartier owner Richemont beats expectations as jewelry shines

PARIS, France: Richemont, the owner of luxury brands Cartier and Van Cleef & Arpels, posted a stronger-than-expected seven percent...

Construction

Section
Economic Watch: U.S. credit rating downgrade adds downward pressure to economy
Economic Watch: U.S. credit rating downgrade adds downward pressure to economy

The downgrade of the U.S. credit rating by Moody's is a continuation of a long trend of fiscal irresponsibility that will eventually...

Why this Labor term may not see sufficient housing reform
Why this Labor term may not see sufficient housing reform

On the back of Labor's historic win, the Government's biggest challenge will be trying to deliver on its promise to reform housing.Callum...

Feature: U.S. homebuilders feel tariffs pain as costs keep rising

LOS ANGELES, May 14 (Xinhua) -- Just over a month after the U.S. administration imposed sweeping tariffs on its trading partners, David...

One killed in early morning crash with USPS truck
One killed in early morning crash with USPS truck

One killed in early morning crash with USPS truck

DOJ offers $51M in FY25 COPS grants to fight heroin, opioid and meth trafficking
DOJ offers $51M in FY25 COPS grants to fight heroin, opioid and meth trafficking

DOJ offers $51M in FY25 COPS grants to fight heroin, opioid and meth trafficking

Alabama law expands police immunity, clarifies use-of-force
Alabama law expands police immunity, clarifies use-of-force

Alabama law expands police immunity, clarifies use-of-force