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‘Enough is enough’: New report warns top US companies at risk of hefty fines from possible China sanctions

A nonprofit organization with the goal of ‘preserving freedom and bringing ideological balance back to public corporations’ released a database outlining a list of Fortune 100 companies that are financially dependent on China and could lose large sums of money if sanctions were ever put in place. ‘In this current political climate, there are discussions of the imposition of severe trade tariffs on Chinese goods,’ 1792 Exchange explained in a new report released this week. ‘In addition...

Amazon invests in the UK’s largest e-HGV fleet, expands rail deliveries

Amazon has placed orders for more than 150 electric heavy goods vehicles (HGVs) in a bid to create Britain’s largest zero-emission truck fleet. The online retail and logistics giant is also stepping up its commitment to rail transport, moving packages along the west coast main line for onward distribution. Amazon confirmed it has ordered over 140 new Mercedes-Benz eActros 600 trucks and eight Volvo FM Electric units, supplementing nine electric tractor units already in its...

West End retailers warn of shop closures as business rates surge

Retailers in London’s West End have warned that new business rates reforms could spell store closures and job losses, with the flagship shopping district facing a collective rise of £44.5 million in property bills next year. The New West End Company, which represents 600 retail, hospitality and leisure businesses in the area, highlighted a potential 20 per cent hike in rates bills following changes announced in the autumn budget. Dee Corsi, chief executive of the...

Regional hiring slumps as Labour’s NI rise dents employers’ confidence

Hiring outside London has dropped significantly after Chancellor Rachel Reeves unveiled her first Budget, leaving regional businesses scrambling to contain costs. The recruitment firm Robert Walters reported a 45pc fall in fee income from operations outside the capital during the final quarter of 2024, while London-based income rose by 3pc. The company attributed the decline to a hiring slowdown triggered by Ms Reeves’s tax measures, including a £25bn increase in employers’ National Insurance contributions. Toby...

DOJ releases former Special Counsel Jack Smith’s report on investigation into Trump election interference case

The Justice Department made public Volume One of former Special Counsel Jack Smith’s final report on his now-closed investigations into President-elect Donald Trump, days before he is set to be sworn into office.  Attorney General Merrick Garland released the first volume, which focuses on the election case against Trump, of Smith’s report on Tuesday at midnight after back-and-forth in the federal court system. The report was released at midnight because that was when the original...

‘Waste less, save more’: DOGE caucus member rolls out expansive bill package ahead of Trump inauguration

: Sen. James Lankford, R-Okla., is rolling out several new bills to help forward the Department of Government Efficiency’s (DOGE) mission once President-elect Donald Trump enters office.  The senator’s six bills would target telework for federal employees, require agency guidances to clarify they are not laws and mandate early notice ahead of new major policy proposals from federal agencies, among other measures.  ‘The American people gave Washington a mandate in November—waste less, save more. Today I’m...

Most Americans rate Biden as ‘failed’ or ‘fair’ president: new poll

With less than a week left until President Biden’s tenure in the White House sunsets, a new national poll indicates many Americans do not think history will be kind to him. According to a USA Today/Suffolk University survey released on Tuesday, 44% of voters nationwide say history will assess Biden as a failed president, with another 27% saying he will be judged as a fair president. Twenty-one percent of those questioned said history will view...

Senate Democratic Whip declares support for Rubio confirmation: ‘Many similar views on foreign policy’

Senate Democratic Whip Dick Durbin, D-Ill., declared in a statement that he intends to vote to confirm Sen. Marco Rubio, R-Fla., to serve as Secretary of State. ‘Senator Rubio and I share many similar views on foreign policy and as a result, have worked closely together in the Senate to move forward with legislation regarding human rights around the world, the continued threat of China, and the recent sham election in Venezuela,’ Durbin said in the...

PACE – the supply chain of the future

Introducing PACE from Sewtec Automation – a disruptive and innovative multi-product modular automation line set to bring huge advancements to the pharmaceutical industry. Leveraging the power of robotic process automation, PACE is developing the supply chain of the future, with the capacity to drastically reduce current timescales of months to just days. This digitally enabled automated line delivers the production, packaging, and labelling of multiple drugs in the same facility with complete traceability and without...

Pete Hegseth heads to Capitol Hill for fiery hearing on his record, plans to shake up Pentagon

Pete Hegseth is set to take the hot seat before the Senate Armed Services Committee on Tuesday in a hearing that is sure to break out into fireworks.  President-elect Donald Trump nominated Hegseth to shake up the Pentagon as his defense secretary, but the former Fox News host has been entangled in controversies that Democrats on the committee can be expected to question him about.  ‘Democrats certainly aren’t going to make this a walk in...