Collections: Top News – Gloomberg News

China’s Ant Group Says Founder Jack Ma Will Give up Control

7Jan

By Gloomberg NewsNo Comments

Business

China’s Ant Group Says Founder Jack Ma Will Give up Control

WASHINGTON (AP) — E-commerce billionaire Jack Ma will give up control of Ant Group, the leading Chinese financial technology provider he founded.In a statement posted Friday, Ant Group said that after an ownership restructuring, “no shareholder, alone or with other parties” will have “control over Ant Group.” The company is an affiliate of e-commerce giant Alibaba, which Ma also founded.The move follows other efforts over the years by the Chinese government to rein in Ma and the country's tech sector more broadly. Two years ago, the once high-profile Ma largely disappeared from view for 2 1/2 months after criticizing China's regulators.The government at the same time also forced Ant Group to call off a highly-anticipated IPO that would have raised over $3 billion, just days before it was t...

Sharpton Says Film Debuts at ‘Critical Point’ in US Politics

7Dec

By Gloomberg NewsNo Comments

Politics

Sharpton Says Film Debuts at ‘Critical Point’ in US Politics

NEW YORK (AP) — The Rev. Al Sharpton has been called a lot of names in his public life: a hustler, a racist, an opportunist, a fraud, a rat, a jester.He embraces at least one of the intended insults, a name often hurled by his critics on the right and the left: “Loudmouth.” That's also the title of a two-hour documentary about the national civil rights leader debuting at theaters in 50 cities Friday.Sharpton's brash and combative styles, deployed in his advocacy for victims and families seeking accountability over police brutality and racial injustices, are on full display as filmmakers trace his evolution from Brooklyn rabble-rouser to sought-after figure in the U.S. political arena. Sharpton said he hopes the film inspires up-and-coming generations of loudmouths to join movements against...

11Sep

By Gloomberg NewsNo Comments

Politics

AP Top Political News at 3:21 A.m. EDT

Jill Biden shares memories of 9/11 as wife, sister, more Not Mar-a-Lago: Congress' secrets in sealed rooms, lock bags Debating over debates: Campaign tradition faces skepticism Manchin's big energy deal draws pushback from many Dems US, Trump team propose names for arbiter in Mar-a-Lago probe Political Cartoons GOP hopefuls for election posts see enemies within own party Politics in air as Biden visits future Intel plant in Ohio Family, friends say farewell to former New Orleans mayor GOP nominee for Kansas governor tries to flip abortion issue Michigan Dems hope for boost from abortion ballot initiative Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewr...

10Sep

By Gloomberg NewsNo Comments

Politics

AP Top Political News at 2:18 A.m. EDT

Debating over debates: Campaign tradition faces skepticism Manchin's big energy deal draws pushback from many Dems US, Trump team propose names for arbiter in Mar-a-Lago probe Politics in air as Biden visits future Intel plant in Ohio Michigan Dems hope for boost from abortion ballot initiative Political Cartoons Judge tosses Trump's Russia probe suit against Clinton, FBI From Eisenhower to Biden, queen met every US president but 1 Allies push for US weaponry after seeing impact in Ukraine Proud Boys Hawaii leader, friend plead guilty in Jan. 6 riot Watchdog: Chemical safety agency impeded by staff shortage Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, r...

Politics in Air as Biden Visits Future Intel Plant in Ohio

9Sep

By Gloomberg NewsNo Comments

Politics

Politics in Air as Biden Visits Future Intel Plant in Ohio

By AAMER MADHANI, JOSH BOAK and ANDREW WELSH-HUGGINS, Associated PressNEW ALBANY, Ohio (AP) — President Joe Biden steered clear of partisan politics at Friday's groundbreaking celebration for a huge new computer chip facility in Ohio — as a tough Senate contest in that state and a Democratic candidate seeking to distance himself from Biden reflected the challenge of translating White House policy wins into political gains.Biden, a major force behind the legislation that helped lure Intel, went to suburban Columbus to take a victory lap just as voters in the state are starting to tune in to the Senate race between Democratic Rep. Tim Ryan and Republican author and venture capital executive JD Vance. They're competing in a former swing state that has trended Republican over the past decade.R...

How Archives Went From ‘National Treasure’ to Political Prey

3Sep

By Gloomberg NewsNo Comments

Politics

How Archives Went From ‘National Treasure’ to Political Prey

By FARNOUSH AMIRI, Associated PressWASHINGTON (AP) — It was the setting for “National Treasure,” the movie in which Nicolas Cage's character tries to steal the Declaration of Independence. It has long been among the most trafficked tourist destinations in the nation's capital.But what the National Archives and Records Administration has never been — until now — is the locus of a criminal investigation of a former president.Yet that’s exactly where the agency finds itself after sending a referral to the FBI stating that 15 boxes recovered from former President Donald Trump’s Florida home in January contained dozens of documents with classified markings.“I don’t think Donald Trump has politicized the National Archives," said Tim Naftali, the first director of the Richard Nixon Presidential L...

Women Race Political Clock, Cross State Lines for Abortions

30Aug

By Gloomberg NewsNo Comments

Politics

Women Race Political Clock, Cross State Lines for Abortions

By LINDSEY TANNER AND PATRICK ORSAGOS, Associated PressDAYTON, OHIO (AP) — In the dim light of a clinic ultrasound room, Monica Eberhart reclines on an exam table as a nurse moves a probe across her belly. Waves of fetal cardiac activity ripple across the screen.“The heartbeat,” the nurse says. “About 10 weeks and two days.”Eberhart exhales. It’s good news. “That means I’m just under,” she says, raising her hands and crossing her fingers.The 23-year-old mother of three is racing a political clock. When she learned she was pregnant again, she decided abortion was her best choice — even if meant navigating a patchwork of state laws enacted since the Supreme Court overturned Roe v. Wade.Political CartoonsHours after the ruling in late June, Ohio imposed a ban on abortions once cardiac activit...

27Aug

By Gloomberg NewsNo Comments

Politics

AP Top Political News at 12:30 A.m. EDT

Abrams, Georgia Democrats look to prove 2020 wasn't 'fluke' FBI: Trump mixed top secret docs with magazines, other items GOP, Dems seek political boost from student loan debt plan Takeaways from the unsealed Mar-a-Lago search affidavit US upgrades Arctic engagement with new ambassadorial post Political Cartoons Herschel Walker skips details in bid to oust Raphael Warnock Pa. man who attacked police on Jan. 6 gets 46-month sentence Biden calls abortion restrictions 'beyond the pale' NAACP supports removal of Cowboys for Trump cofounder Trump election probe in Georgia cites voting system breach Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or red...

Asian Stocks up After US Inflation Fuels Rate Hike Fears | Business News

14Jul

By Gloomberg NewsNo Comments

Business

Asian Stocks up After US Inflation Fuels Rate Hike Fears | Business News

By JOE McDONALD, AP Business WriterBEIJING (AP) — Asian stock markets rose Thursday after higher U.S. inflation stoked expectations of more rate hikes that investors worry will chill economic growth.Shanghai, Tokyo, Hong Kong and Sydney advanced. Wall Street futures edged lower. Oil prices advanced.Wall Street's benchmark S&P 500 index lost 0.4% on Wednesday after data showed U.S. consumer inflation accelerated to 9.1% in June over a year earlier from May's 8.6%. That was despite three rate hikes this year by the Federal Reserve.Investors worry aggressive action by the Fed and other central banks to cool inflation that is at four-decade highs might derail global growth.Political Cartoons“Growth fears are hitting the markets harder than inflation concerns,” said Stephen Innes of SPI Ass...

At ‘Funny Girl,’ Lea Michele Is In, Beanie Feldstein Is Out | Entertainment News

11Jul

By Gloomberg NewsNo Comments

Entertainment

At ‘Funny Girl,’ Lea Michele Is In, Beanie Feldstein Is Out | Entertainment News

By MARK KENNEDY, AP Entertainment WriterNEW YORK (AP) — Lea Michele has been tapped to step in and lead the Broadway revival of the beleaguered “Funny Girl” this fall, an announcement made just hours after current star Beanie Feldstein revealed she was leaving the musical sooner than anticipated due to the show taking a "different direction.”The high-profile casting change rocked the Broadway community and represents another step toward a return to the spotlight and respectability for Michele after former “Glee” castmates in 2020 accused the actor of behavior that was interpreted as racist and bullying.Michele, who started her career on Broadway and starred in the original “Spring Awakening” recently returned to the work with the documentary “Spring Awakening: Those You’ve Known.” In many ...