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The Latest Breaking News from International Business Times

Citadel CEO Ken Griffin Blasts Mamdani's Tax Video as 'Personal Attack'

Citadel CEO Ken Griffin criticizes NYC Mayor Zohran Mamdani's viral tax video as a personal attack, raising concerns over business climate.

International Business Times

Disney CEO Reportedly Pauses Long-Running ESPN Spinoff Consideration

Disney pauses ESPN spinoff plans as CEO Josh D'Amaro focuses on streaming growth and keeping the sports network in-house.

International Business Times

SpaceX Approves Elon Musk Pay Package Linked to Mars Settlement Goal

SpaceX has approved a bold pay package for Elon Musk tied to reaching a $7.5 trillion valuation and building a permanent human colony on Mars.

International Business Times

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Federal Tariff Refund System Rejects Thousands of Business Claims

Thousands of U.S. businesses have had tariff refund claims rejected as a new federal system rolls out under strict rules.

International Business Times

New U.S. Visa Rule Forces Applicants To Choose Between Honesty And Entry

The Trump administration has ordered U.S. consulates abroad to ask temporary visa applicants whether they have suffered harm or fear returning home, a new screening policy that critics say could shut out people who might have qualified for protection in the United States less than two years ago.

International Business Times

Gavin Newsom Accuses the Trump Administration of Paying Offshore Wind Developers Nearly $900 Million To Walk Away From Projects

California Gov. Gavin Newsom accused the Trump administration of using taxpayer money to kill clean energy projects after federal officials reached a deal to reimburse two offshore wind developers nearly $900 million if they abandon U.S. leases and redirect money toward fossil fuel infrastructure.

International Business Times

Immigrants Paid 14.5 Trillion Dollars More in Taxes Than They Received in Benefits for 30 Straight Years - REPORT

The libertarian think tank the Cato Institute found that immigrants paid more in taxes than they received in government benefits every year from 1994 through 2023, generating nearly $10.6 trillion more in federal, state, and local tax revenue than they received in government spending.

International Business Times

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The Key Electoral Races That Could Decide President Trump's Political Future

From party loyalty battles to razor-thin margins in Congress, a handful of contests could determine how much power the president holds after November

International Business Times

Elon Musk Says He Warned Obama About AI Risks as $100 Billion OpenAI Lawsuit Heads to Trial

Elon Musk testified he warned Barack Obama about AI dangers in 2015 as his massive lawsuit against OpenAI and Sam Altman moves forward.

International Business Times

Pentagon Says Iran War Has Cost $25 Billion So Far, Most In Munitions

The Iran war has so far cost $25 billion, a top Defense official said on Wednesday.

International Business Times

White House Drafts AI Policy Shift To Reopen Anthropic Access In Federal Agencies

Federal agencies are poised for expanded access to advanced AI tools like Anthropic's Mythos as the administration weighs a potential rollback of earlier restrictions tied to national security concerns.

International Business Times

Exploring How Generative AI Is Transforming Customer Experience and the Leadership Decisions That Shape Trust and Adoption

Integrating generative AI into customer experience is no longer a forward-looking discussion but an active transformation already influencing how organizations engage, respond, and deliver value.

International Business Times

MatchaMasks Is Set to Launch with a Mission to Redefine Skincare Using Natural Ingredients and Ethical Practices

MatchaMasks blends ancient wellness traditions with modern skincare innovation. Set to launch in October, the company is led by CEO Muhammad Hamid Khan Shahzad, who founded the brand out of a deeply personal motivation.

International Business Times

Life Beyond the Gates: The Woman Rebuilding What Incarceration Leaves Behind

Studies show that nearly 44% of incarcerated people released return before the first year out of prison. Behind those statistics are human beings who came home to nothing. No housing, no job pipeline, no one tracking their progress.

International Business Times

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International Business Times

Indian Billionaire Wants To Save Colombia's 'Cocaine' Hippos Tied To Pablo Escobar

An Indian billionaire says he will take 80 hippos which descend from animals brought to Colombia by infamous drug lord Pablo Escobar.

International Business Times

London Police Call Stabbing of Two Jewish Men An Act of Terrorism

Two Jewish men were stabbed in one of London's most prominent Jewish neighborhoods, an attack British police formally declared an act of terrorism.

International Business Times

Intelligence Community Reportedly Examining How Iran Would React to Trump Declaring Victory in War Despite Stalemate

U.S. intelligence agencies are examining how Iran would respond if President Donald Trump unilaterally declared victory in the two-month-old war and moved to pull back from aggressive action against Tehran, according to a new report.

International Business Times

How Lab Visibility Every 90 Days Is Changing Hormone Therapy Outcomes

The Colorado-based group has served more than 10,000 patients across five states, and its clinical system now sits at the center of a wider push toward more personalized, data-led care.

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International Business Times

Legal Immigrants To Face Enhanced FBI Security Screening: Report

The Trump administration has rolled out enhanced security background checks for those attempting to navigate legal immigration channels.

International Business Times

Trump Meets Oil Executives As Middle East Supply Disruptions Push Global Energy Markets Higher: Report

President Donald Trump met Tuesday at the White House with senior oil and gas executives and top administration officials to discuss ongoing disruptions in global energy markets, including tightening crude supply linked to instability in Middle East shipping routes.

International Business Times

Fed Keeps Rates Unchanged In What Could Be Jerome Powell's Last Meeting As Chair

The Federal Reserve kept its interest rates unchanged on Wednesday in what could be Jerome Powell's last meeting as the chair of the central bank.

International Business Times

Trump Says He'll Keep The Naval Blockade Of Iran Until a Deal Is Reached: 'Choking Like a Stuffed Pig'

President Donald Trump said on Wednesday he is maintaining the blockade of Iranian ports until a deal that addresses the U.S.'s concerns about the country's nuclear program is reached.

International Business Times

Soldier Who Made $400,000 Betting On Maduro's Capture Pleads Not Guilty

The U.S. Soldier who allegedly used insider information to profit off the capture of Venezuelan President Nicolas Maduro has pleaded not guilty to charges.

International Business Times

Iran Threatens 'Unprecedented Military Action' If U.S. Blockade Continues

The Iranian regime has threatened "unprecedented military action" if the U.S. continues to blockade its ports, part of a broader strategy to choke its finances.

International Business Times

Kevin Warsh Clears Key Hurdle To Become The Next Fed Chair

The Senate Banking Committee approved on Wednesday Kevin Warsh's nomination to be the next chair of the Federal Reserve, clearing a key hurdle for his confirmation.

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