Updated Jun 19, 2023, 09:11am EDT Topline Secretary of State Antony Blinken reiterated the U.S.’ position on its One China policy as he met with China’s leader Xi Jinping Monday, saying it does not support Taiwanese independence and that containing China’s economy was not an American goal. Key Facts Speaking to the press at the
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Topline Goldman Sachs on Thursday said it sees a higher probability of the U.S. facing a recession in the next 12 months, following the recent collapse of Silicon Valley Bank and concerns about its impact on the broader banking sector. Key Facts Goldman analysts are now forecasting a 35% chance of a U.S. recession in
Updated Jan 22, 2023, 12:16pm EST Topline At least 10 people were killed in a mass shooting at a ballroom dance club in the Los Angeles area on Saturday night, police officials said, making it the country’s deadliest gun violence incident of 2023 so far. Key Facts At least 10 other people were injured in
Topline Bill & Melinda Gates Foundation CEO Mark Suzman in his annual letter pushed back against criticism about the organization’s power and influence on key public health initiatives around the world, saying it is not trying to set the world’s agenda on global health and development issues but only “respond to it,” as the foundation
Topline U.S. Capitol Police Chief Tom Manger said Monday failures that led to the January 6 riots have “largely been fixed” but warned that extremist groups involved in the attack remain a threat, in an interview published by NPR on Tuesday, ahead of a Congressional medal ceremony honoring the officer who defended the Capitol Building.
Topline Apple may fall short of its production target for its flagship iPhone 14 Pro models by nearly 6 million units worldwide, Bloomberg reported Monday, after workers at the world's largest iPhone manufacturing plant in Zhengzhou, China, protested delayed bonus payments, poor living conditions caused by China’s stringent Covid restrictions. Key Facts According to Bloomberg,…
Updated Nov 28, 2022, 10:07am EST Topline China on Monday reported more than 40,000 new Covid-19 cases for the first time since the start of the pandemic, raising questions about the effectiveness of the country’s stringent zero-Covid approach which has triggered unprecedented mass protests against the policy across multiple Chinese cities over the weekend. Key…
Topline Thousands of people took to the streets in parts of Shanghai, Beijing and other cities in China on Sunday to protest the country’s harsh zero-Covid policy—which includes stringent lockdowns and repeated mass testing—a sign of growing public discontent over the anti-pandemic approach that has been embraced by China’s leader Xi Jinping and his administration.…
Topline Twitter’s new owner Elon Musk on Wednesday insisted that no decisions will be made on restoring banned Twitter accounts for at least a “few more weeks” as the company tries to put a clear process in place for doing so, amid reports that advertisers are planning to cut back spending on the platform over…
Topline Verified users on Twitter may soon have to pay to retain their blue tick badges, according to a report by the Verge on Sunday, as the company’s new owner Elon Musk looks for new ways to monetize the social media platform. Key Facts In a characteristic vague tweet , Musk on Sunday said the…