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The Latest Breaking News from United States

American Airlines Elite Upgrade Changes Quietly End the Free Jump From Coach to Business Class Seats

From 25 August, American Airlines elite flyers in coach lose free business-class upgrades on nine premium routes and will be bumped only to premium economy instead.

International Business Times UK

9 Best Executive Assistant Staffing Firms That Work With Startup Founders and Venture-Backed Companies

Startup life moves at the speed of 200 emails an hour. One minute you’re pitching investors, the next you’re defusing a customer demo that collides with board prep

inkl

Trump-backed US Rep Andy Ogles loses Tennessee GOP primary

Tennessee Republicans held primary elections on Thursday, selecting candidates for Congress. Charlie Hatcher defeated Andy Ogles in a key Republican primary race. Brent Taylor will face Justin Pearson in another reshaped Memphis district. These primaries tested a new congressional map drawn by state lawmakers. Voters also chose nominees for governor…

The Economic Times

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After Trump calls Canadians ‘nasty,’ Mark Carney says the word fits trade talks

OTTAWA — Two weeks before proposed 50% tariffs take effect, Canadian Prime Minister Mark Carney turned US President Donald Trump’s rhetoric back on him, calling trade talks with the United States “nasty.”

Bangkok Post

Lyft posts record bookings, but higher promotions fuel profit miss

The ride-hailing services provider has stepped up spending on incentives and loyalty programs to attract and retain customers and sustain growth.

The Economic Times

UK observatory nervously watches growing space junk threat

CHILBOLTON — In the sweeping shadow of a satellite dish, staff at the Chilbolton Observatory in southern England track a growing number of objects in Earth's orbit, providing data that underpins Britain's space monitoring efforts.

Bangkok Post

Alibaba plans to charge big users of its next open-source AI model

Like last month's blockbuster model release from Chinese AI startup Moonshot, Alibaba's Qwen3.8-Max model is an open-source, open-weight model, meaning that the underlying learned settings that allow developers to run or adapt the system are available for download. By contrast, U.S. developers OpenAI, Anthropic and Alphabet's Google have closed-source models.

The Economic Times

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Aussie shares lose steam to close record-breaking week

The ASX has snapped a five-day rally but remains near record highs as investors mull Middle East uncertainty against a decent start to local earnings season.

AAP

Fake help-desk calls put Blackstone, Apollo and other US firms in hackers’ sights

Phone calls from people posing as corporate help-desk staff were used in a ransom campaign targeting some of the biggest names in US finance. The callers paired company-specific fraudulent websites with instructions intended to make employees surrender passwords and additional security codes.

The Times of India

To poll or not to poll: Trump’s US economy claims tell only part of the story

Donald Trump touts economic successes, but facts present a mixed picture. Job growth has slowed considerably in recent years, despite record highs. The stock market has seen new records, driven by company profits and AI. Manufacturing activity shows improvement, though job creation remains limited. Investment figures cited by Trump appear…

The Economic Times

Dollar drifts higher as traders eye Iran talks ahead of US jobs data

The dollar surged on Friday, gaining strength over the yen and euro as uncertainties regarding a peace deal in Iran heightened demand for safe-haven assets. Support for the dollar was also found in increasing Treasury yields due to expectations of forthcoming rate increases. Market participants are eagerly awaiting the U.S.

The Economic Times

New Mexico court orders Meta to pay $567m over harms to children’s mental health

Ruling comes as part of second phase of landmark trial that found social media company enabled harm against users

The Guardian - US

Social media giant Meta ordered to pay $567 million in New Mexico child safety ruling

A New Mexico judge on Thursday ordered Meta to pay more than $500 million, finding the social media company created a public nuisance and harmed children. The ruling follows a March jury verdict awarding the state $375 million after finding Meta liable for exposing children to online predators and other…

France 24

Saudi Arabia, Pakistan and Turkey sign Nato-style defence pact amid deadly Houthi strikes in Yemen

Mecca joint defence agreement says an attack on one country will be deemed an attack on all

The Guardian - UK

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The Economic Times

Meta ordered to pay $567 million in New Mexico for teen mental health fund

Judge Bryan Biedscheid in Santa Fe ruled the company had created a public nuisance in New Mexico, siding with Attorney General Raul Torrez, a Democrat. Torrez had accused the social media company of designing products to addict young users and failing to protect children from sexual exploitation on its platforms.

The Economic Times

Trump's Iran dilemma: He's stuck in war with no exit in sight

President Trump faces difficult choices in the ongoing Iran conflict. He is caught between granting Iran control of the Strait of Hormuz or escalating military actions. Further airstrikes risk political backlash before the upcoming midterm elections. Maintaining the current blockade offers no clear path to ending the war. Analysts suggest…

The Economic Times

Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s why

Oil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and imposing penalties for violations. Crude oil prices saw increases on Thursday and Friday. Analysts warn of significant price hikes if disruptions continue for months. Supply outside the conflict zone…

The Economic Times

Gold heads for strongest week since January, US payrolls data in focus

Gold prices found stability on Friday, approaching their most significant weekly increase since January. Soothing concerns over inflation, a drop in oil prices has influenced interest rate expectations. Investors are focused on the upcoming US nonfarm payrolls data for insights into economic conditions. Other precious metals, like silver and platinum,…

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The Economic Times

Oil rises on concerns over Strait of Hormuz reopening plans

Oil prices experienced a significant uptick on Friday, fueled by fears surrounding the critical Strait of Hormuz. Iran and Oman are contemplating restrictions on hostile vessels, impacting market confidence. As Brent crude futures soared to $83.48 a barrel and WTI futures hit $78.84, skepticism grows regarding the restoration of standard…

The Guardian - US

Trump’s birthright citizenship attack the latest effort in obsessive campaign

For more than a decade, president has been fixated on trying to undermine a key constitutional right

The Economic Times

'War to end pretty soon': Trump says Iran 'can't go much longer,' optimistic about Strait of Hormuz talks

President Trump believes the Iran conflict will end soon and stated the nation cannot continue. He expressed optimism regarding negotiations concerning the Strait of Hormuz trade route. The United States remains committed to preventing Iran from acquiring nuclear weapons. Iran's defense minister conveyed readiness to respond decisively to any threats.…

The Times of India

Trump signs new executive orders targeting birthright citizenship despite US Supreme Court setback

US President Donald Trump on Thursday signed two executive orders seeking to further restrict birthright citizenship, renewing his immigration crackdown weeks after the Supreme Court rejected his earlier attempt as unconstitutional.

The Economic Times

Iran weighs fines up to 20%, vessel ban for ‘hostile’ ships in Hormuz

Iran's parliament is reviewing a bill to restrict hostile vessels in the Strait of Hormuz. Violators could face significant fines on their cargo value under the proposed legislation. Talks with Oman are progressing to manage shipping through the strategic waterway. Oil prices have risen amid uncertainty over the strait's reopening.…

The Economic Times

Trump rolls out trade measures to counter China on solar and chips, slaps 15% tariff on polysilicon

The White House has established price floors and a fifteen percent tariff on polysilicon products. This action aims to bolster domestic chip and solar supply chains for national security. The new trade protections will officially take effect on December fourth this year. Minimum import prices are set for polysilicon, ingots,…

The Economic Times

US to vet social media of foreign journalists applying for visas, report says

The US State Department will now screen foreign journalists' social media accounts. This initiative expands a Trump administration policy to include media representatives. Applicants from Canada and Mexico also face this new social media screening. The department states this vetting ensures visa eligibility and national security. This policy builds on…

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Mohammad Bagher Ghalibaf

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