The Biden administration needs to take stronger action to stem China’s growing dominance in making older-generation microchips that are essential across several U.S. industries, according to the bipartisan leaders of a House of Representatives panel. The lawmakers’ call for new efforts, including potential tariffs, is intended to counteract an overreliance on China for less-advanced chips,…
Tiger Woods during the pro-am as a preview for the Hero World Challenge at Albany Golf Course in Nassau on Nov. 29, 2023. David Cannon | Getty Images Tiger Woods’ 27-year partnership with Nike has come to an end. The superstar golfer announced the news in a statement Monday on social media platform X. “Phil…
Comment on this storyComment Add to your saved stories Save A commercial spacecraft bound for the lunar surface lifted off from Cape Canaveral, Fla., early Monday in the first launch of a U.S. space mission designed to land softly on the moon since the last of the Apollo flights in 1972. But after it separated…
Updated Jan. 8, 2024 2:26 pm ET A burning inferno on the runway, followed four days later by a midair emergency involving a gaping hole in the side of the plane, isn’t the way the airline industry wanted to start 2024. After a fraught 2023, in which safety specialists and regulators raised alarms about mounting…
Josh Harris and his investment partners coughed up $6.05 billion to purchase the Washington Commanders last summer. The purchase price was a record for a North American sports franchise and the sale was approved by a unanimous vote of NFL owners desperate to rid their exclusive fraternity of the villainous Dan Snyder. Harris stayed in…
German soccer legend Franz Beckenbauer, who won a World Cup for the country as a player and a coach, has died, his family said on Monday. He was 78. Beckenbauer’s family told Germany’s dpa about his passing. The German soccer federation then announced it. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM West Germany captain…
Barclays slashed its workforce by around 5,000 jobs in 2023 as part of a major cost-cutting drive announced last year, the bank said Monday. The majority of the cuts fell in Barclays Execution Services, the bank’s support unit, the lender said, confirming for the first time Reuters reporting from last November that the lender was eyeing thousands of…
Apple announced the Vision Pro headset at its annual Worldwide Developers Conference in 2023. Josh Edelson | AFP | Getty Images Apple’s Vision Pro will launch in the U.S. on Feb. 2, the company said in a press release Monday, with preorders beginning Jan. 19. Preorders will open at 5 p.m. Pacific Time on Jan….
Olympic gymnastics great Mary Lou Retton said she faces a long battle recuperating at home from a rare form of pneumonia in which doctors weren’t sure whether she would survive. In an interview that aired Monday on NBC’s “Today” show, Retton said while wearing a breathing tube pumping oxygen through her nose that she was…
The reduction is much higher than previously reported and a quarter of the cuts will take place in the UK.
