Singaporean authorities seized the passport of then-Megaspeed chief executive Alice Huang in June 2025 and held it for eight months, preventing her departure while trying to engage the U.S. government to support their investigation into advanced Nvidia chips possibly being shipped to China. One source with knowledge of the matter told CBS News on Friday…
Washington — Republicans on Capitol Hill are negotiating for now-resigned Nvidia CEO Jensen Huang to appear before Congress about the scandal that has rocked one of the most important companies in the world, lawmakers said Thursday. “We are in discussions with him right now on a date to come and meet with us,” said GOP…
In an hour-long town hall hosted by CBS News, Vice President JD Vance argued the Trump administration’s handling of the economy and Iran strategy will pay dividends in the future. He was also pressed on the Trump administration’s controversial immigration tactics, widespread discontent about the cost of living and his own political future during “Things…
The U.S. has intercepted 90 Cuba-bound shipments of biodiesel — valued at nearly $3 million — widening a U.S.-imposed oil blockade led by the Department of Homeland Security aimed at choking off illegally trafficked fuel, routed to the sanctioned island’s crisis-hit energy sector. Homeland Security Investigations, U.S. Customs and Border Protection and the Commerce Department’s…
President Trump announced plans Wednesday for South Korea to invest in exporting natural gas from Alaska, a project long backed by Republican Sen. Dan Sullivan, who is in a competitive reelection contest there. It marks the second time in three days that the president has sought to highlight planned foreign investments in states where Republican…
The head of the U.S. military’s Central Command, Adm. Brad Cooper, has echoed President Trump’s insistence that the Strait of Hormuz shipping lanes are clear of sea mines, saying they are “open, and momentum is building.” He acknowledged, however, that vessels still seek direct U.S. military protection to use the vital waterway, which Iran has…
President Trump’s 50% tariffs on certain Canadian products could raise their prices in the U.S., but the narrow scope of the levies is unlikely to trigger a broader spike in inflation, trade experts said. After the tariffs, first announced in late June, took effect on Saturday following a breakdown in trade talks, Canada pledged to…
Washington — The United States and Canada have wrangled for decades over trade, poking each other interminably over sore spots like Canadian softwood lumber imports and U.S. access to Canada’s protected dairy market. Somehow, the two neighbors still managed to remain friends, allies and trading partners. Canadian soldiers fought alongside Americans in Afghanistan after 9/11….
Before the war in Iran, roughly 15 million barrels of Persian Gulf oil were shipped each day through the Strait of Hormuz. Within a few years, much of that oil could bypass the strait. As Iran’s chokehold on the strait drags on and oil prices surge — to over $100 per barrel for Brent Crude…
