International Business Machines Corporation on Monday announced it will invest $150 billion in the U.S. over the next five years, including more than $30 billion to advance American manufacturing of its mainframe and quantum computers. “We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains ...
Pfizer CEO Albert Bourla on Tuesday said uncertainty around President Donald Trump’s planned pharmaceutical tariffs is deterring the company from further investing in U.S. manufacturing and research and development. Bourla’s remarks on the company’s first-quarter earnings call came in response to a question about what Pfizer wants to see from tariff negotiations that would push the company to increase investments in the U.S. It comes ...
Nearly nine years after billionaire reality TV star Kim Kardashian was bound, gagged and robbed at gunpoint during Paris Fashion Week, the trial of nine men and one woman accused of carrying out the dramatic heist opened Monday at a packed courthouse in the French capital. The case centers on the October 2016 theft of nearly $10 million in cash ...
A widespread and unexplained power outage knocked out electricity in most of Spain and Portugal on Monday, shutting off traffic lights and causing chaos at airports, train stations and on the roads. Portugal’s grid operator Redes Energéticas Nacionais (REN) said electrical supply was lost across the entire Iberian peninsula, and in parts of France, on Monday. It could be several ...
Israel on Monday boycotted a hearing at the United Nations’ top court on its decision to ban a UN aid agency that has served millions of Palestinians since it was established in 1949. The hearings will look at Israel’s obligations, both as a member of the United Nations and as an occupying power, toward the United Nations Relief and Works ...
Russian President Vladimir Putin on Monday declared a unilateral three-day ceasefire in Ukraine next month, a move met with skepticism by Ukrainian officials who demanded the Kremlin leader immediately accept a longer truce proposal from the United States that he has so far rejected. Moscow said “all military actions” in Ukraine would be suspended from midnight May 8 to midnight ...
Embattled Shin Bet chief Ronen Bar says he will step down on June 15, nearly three months after Israel’s government voted for the first time ever to dismiss the head of the security agency. “My love for the homeland and my loyalty to the state are the foundation of every decision I have made in my professional life,” Bar said ...
Gangs have attacked another town in Haiti’s central region, killing at least four people, including an 11-year-old child, a human rights activist told The Associated Press on Monday. At least 15 other people were injured by gunfire, and more than a dozen homes were burned in Petite Rivière, said Bertide Horace, spokesperson for the Commission for Dialogue, Reconciliation and Awareness ...
Canada’s Liberal Party, led by Prime Minister Mark Carney, is on course to win the country’s federal election, Canadian media projects, following a campaign overshadowed by provocations and tariffs from US President Donald Trump. With votes still being counted, CBC News said it is too soon to say whether it will be a minority or majority government – a party ...
The first batch of individuals jailed in the landmark Hong Kong national security trial of “47 democrats” accused of conspiracy to commit subversion was freed on Tuesday after being behind bars for more than four years. Four former pro-democracy lawmakers, including Claudia Mo, Kwok Ka-ki, Jeremy Tam and Gary Fan were driven away from three separate prisons across Hong Kong ...