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US says Chinese state-sponsored contract hacker arrested last week in Italy at US request
Xu Zewei, 33, from China was arrested on July 3, the Justice Department said, adding a nine-count indictment was unsealed on Tuesday in the Southern District of Texas alleging the involvement of that individual and a co-defendant in computer intrusions between February 2020 and June 2021. (Reporting by Kanish …. Read More >>
Trump criticizes Putin after approving more weapons for Ukraine
WASHINGTON (Reuters) -President Donald Trump said on Tuesday he had approved sending U.S. defensive weapons to Ukraine and was considering additional sanctions on Moscow, underscoring his frustration with Russian President Vladimir Putin over the growing death toll in Russia’s war with Ukraine.Trump, who pled …. Read More >>
Investors put ‘Liberation Day’ lessons to work, scarred by tariff tumult
NEW YORK (Reuters) -Three months after President Donald Trump’s sweeping global tariffs led markets to plunge and then rebound ferociously, investors are grappling with the fallout from the still-shifting trade backdrop and adjusting strategies to withstand sudden policy shifts.Among the lessons for investors …. Read More >>
Ford says Michigan EV battery plant ‘on track’ for production tax credits
(Reuters) -Ford Motor said Tuesday it believes its planned $3 billion Michigan electric vehicle battery plant, which is 60% complete, will qualify for production tax credits after a massive tax and budget bill revised the rules.In May, Ford had sounded the alarm over the potential for the U.S. government to e …. Read More >>
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