Business
Saigon Sentinel · Section
Markets, jobs, trade, and economic policy — including the small-business and entrepreneurship landscape for Vietnamese Americans.
- Business
UK stocks hit record on commodity surge; Microsoft shares slide on Wall Street
LONDON — Britain’s benchmark FTSE 100 index climbed to a new record high of 12,259 points, fueled by a surge in oil and mining stocks as commodity prices jumped.…
- Business
One in every six California homes is now owned by investors
LOS ANGELES – Investors now own approximately one out of every six single-family homes in California, according to a new data analysis.…
- Business
Amazon closes all Fresh and Go stores, pivots grocery strategy to Whole Foods
SEATTLE — Amazon announced Tuesday it will close all Amazon Fresh and Amazon Go stores across the country as the e-commerce giant shifts its focus to other business priorities.…
- Business
Wall Street ends mixed as gold hits record high amid market uncertainty
Wall Street capped a volatile week with a mixed performance on Friday, as a sharp drop in Intel shares weighed on blue-chip stocks while the Nasdaq managed a modest gain.…
- Business
BBC chief resigns amid $10 billion lawsuit over edited Trump speech scandal
The BBC has appointed Rhodri Talfan Davies as its interim director-general following the resignation of Tim Davie last November.…
- Business
Asian Americans cite inflation and cost of living as top concerns, poll finds
WASHINGTON — About half of Asian American, Native Hawaiian, and Pacific Islander adults say the government should prioritize the high cost of living and inflation, according to a new poll.…
- Business
Smithfield Foods to acquire Nathan’s Famous hot dogs in $450 million deal
NEW YORK — Smithfield Foods has reached a deal to acquire Nathan’s Famous for $450 million in cash, the companies announced.…
- Business
Wall Street tumbles after Trump threatens new tariffs on eight European nations
Wall Street stocks tumbled Tuesday after President Donald Trump threatened new tariffs on eight European nations, escalating tensions as he seeks to assert U.S. control over Greenland.…
- Business
Fed holds interest rates steady, defying direct pressure from the Trump administration
WASHINGTON (AP) — The Federal Reserve on Wednesday held interest rates steady following its first meeting of the year, resisting intense pressure from the White House to implement further cuts.…
- Business
EU opens new probe demanding Google share AI and search data with rivals
BRUSSELS – European Union regulators on Tuesday launched a formal process to ensure Google complies with the bloc’s Digital Markets Act, requiring the tech giant to provide competitors with access to its Gemini AI servic…
- Business
Gullah Geechee community wins historic vote to block Georgia real estate development
MCINTOSH COUNTY, Ga. — Voters in McIntosh County overwhelmingly rejected a zoning change Tuesday that would have allowed for larger homes in Hogg Hummock, the last Gullah Geechee community on Georgia’s Sapelo Island.…
- Business
Paramount escalates Warner Bros. takeover bid in direct challenge to Netflix
NEW YORK — Paramount has extended its hostile takeover bid for Warner Bros. Discovery for a second time, pushing the deadline for shareholders to Feb. 20 as it prepares for a looming proxy battle.…
- Business
Morgan Stanley beats Wall Street estimates on investment banking and wealth management strength
NEW YORK — Morgan Stanley on Thursday reported fourth-quarter 2025 results that beat Wall Street expectations, fueled by strong revenue growth in its wealth management business.…
- Business
Trump reveals 'disorienting weapon' used in capture of Venezuelan leader
President Donald Trump has revealed that U.S. forces utilized a secret weapon he called “the discombobulator” to disable enemy defenses during the mission to capture former Venezuelan President Nicolás Maduro in Caracas …
- Business
Supreme Court Draws Line to Protect Central Bank Independence From Presidential Interference
WASHINGTON – The U.S. Supreme Court signaled Wednesday it would protect the Federal Reserve’s independence, appearing skeptical of President Donald Trump’s efforts to fire Fed Governor Lisa Cook.…
- Business
Washington Post sues U.S. government to recover data seized from reporter
The Washington Post filed a lawsuit in a Virginia federal court seeking the return of equipment seized from reporter Hannah Natanson during a raid on her apartment last week.…
- Business
Japan restarts world’s largest nuclear power plant after 15-year hiatus
Tokyo Electric Power Company (TEPCO) restarted part of the world’s largest nuclear power plant on Wednesday, marking the first time the facility has operated in nearly 15 years.…
- Business
NYSE targets 24/7 Wall Street trading with new digital token platform
The New York Stock Exchange is developing a digital platform that will allow investors to trade tokenized assets 24 hours a day, seven days a week, according to its parent company, Intercontinental Exchange (ICE).…
- Business
Illumina unveils AI-powered ‘cell dictionary’ to accelerate global drug discovery race
SAN DIEGO – Biotech firm Illumina on Tuesday unveiled a massive dataset dubbed the "Billion Cell Atlas," describing the project as the most comprehensive map of human disease biology to date.…
- Business
US court allows wind project to proceed despite Trump administration challenge
WASHINGTON — A federal judge ruled Monday that construction may continue on the Revolution Wind offshore project, handing a victory to the renewable energy industry as President Donald Trump seeks to end such development…