U.S. Defense Department bans Tencent and other Chinese companies

The U.S. Defense Department has added dozens of Chinese companies, including games and technology company Tencent, artificial intelligence firm SenseTime and the world’s biggest battery maker CATL, to a list of companies it says have ties to China’s military. In recent years, Washington has sought to restrict sharing of advanced technology, including semiconductors and AI,

Senate report slams private equity’s “detrimental effects” on hospitals

Two private equity firms’ efforts to wring profits out of hospitals in underserved communities put patients in danger, according to a new report released Tuesday by a powerful Senate committee.   The 162-page report by the Senate Budget Committee comes as Americans continue to express outrage over the role of corporations in the U.S. healthcare

Trump announces Dubai company will invest at least $20 billion in U.S. data centers

Dubai developer DAMAC Properties will invest at least $20 billion “over a very short period of time” in the U.S., primarily in data centers in the middle of the country, President-elect Donald Trump announced Tuesday, as the company’s billionaire founder and CEO, Hussain Sajwani, stood nearby. Speaking to reporters at Trump’s Florida Mar-a-Lago estate, Trump

Judge temporarily blocks release of special counsel’s Trump report

Trump team effort to block Jack Smith report Inside Trump legal team’s effort to block Jack Smith report 03:51 The federal judge overseeing President-elect Donald Trump’s now-dismissed case related to classified documents in Florida has temporarily blocked the Justice Department from releasing a report prepared by special counsel Jack Smith.  Judge Aileen Cannon issued an

Controversial Trump picks like Sebastian Gorka likely to bypass Senate scrutiny

President-elect Donald Trump’s pick to be the counterterrorism chief on the White House National Security Council, Sebastian Gorka, is raising concerns among security experts because of his inability to obtain a security clearance early in Trump’s first term.   Gorka was forced to depart after seven months, in August 2017, as a lower-level White House

Medical debt banned from credit reports by new Biden administration rule

Unpaid medical bills will no longer appear on credit reports, where they can block people from getting mortgages, car loans or small business loans, according to a final rule announced Tuesday by the Biden administration. The Consumer Financial Protection Bureau rule will remove $49 billion in medical debt from the credit reports of more than