An owner of the Signature Room shuffled its assets around to avoid paying workers who were abruptly laid off when the iconic restaurant and lounge shuttered in 2023, a lawsuit filed in Cook County Circuit Court this week alleges.
China's tech giants, including Alibaba and Tencent, are preparing to order Nvidia's H200 AI chips, signaling Beijing's imminent approval for these crucial components. This move prioritizes major Chinese companies' AI development needs, potentially boosting Nvidia's business. Local chipmakers like Huawei are also expanding production amid these developments.
As Los Angeles ramps up for the 2028 Olympics, local unions are drawing inspiration from the Paris Games when hotel workers went on strike a day before opening ceremonies.
Indias states fiscal deficit has widened to 3.3 percent of GDP in fiscal year 2025. This increase stems from states borrowing more under a central government scheme for capital investment. Capital expenditure remains a focus, budgeted at 3.2 percent of GDP in fiscal year 2026.
TikTok has finalized a deal to create a new American entity, avoiding the looming threat of a ban in the United States that has been in discussion for years on the platform now used by more than 200 million Americans.
