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Economists back Fed Governor Cook as Trump attempts ouster
Nearly 600 economists have signed an open letter expressing support for Federal Reserve Governor Lisa Cook and US central bank independence, as Cook battles President Donald Trump's attempt to fire her.
US limits TSMC chipmaking tool shipments to China
President Donald Trump's administration has revoked Taiwanese semiconductor giant TSMC's authorization to export US chipmaking equipment to China without a license, further restricting access to US technology in the country.
Google not required to sell Chrome, judge rules
A US judge on Tuesday rejected the government's demand that Google sell its Chrome web browser as part of a major antitrust case but imposed sweeping requirements to restore competition in online search. The US currently has five pending antitrust cases against major technology companies.
Trump says to ask Supreme Court for 'expedited ruling' in tariff appeal
US President Donald Trump said Tuesday that he plans to seek a swift ruling from the Supreme Court as his administration pushes to overturn a court decision that found many of his tariffs illegal. If these tariffs are ultimately ruled illegal, companies could potentially seek reimbursements. bys/bjt
Nestle CEO switch a chance to reset: experts
Nestle's sudden sacking of its chief executive over an office relationship gives the Swiss food giant a chance to reset and return to its strengths, industry analysts said Tuesday. "But in a positive scenario it could accelerate Nestle's return to its strengths," he said.
Vogue appoints Chloe Malle to replace fashion doyenne Wintour
Chloe Malle will follow Anna Wintour as editor of Vogue, the magazine said Tuesday, resolving an intrigue that has gripped fashion and journalism circles for months. - Wintour 'down the hall' - "Chloe Malle is Head of Editorial Content for American Vogue, effective immediately," Vogue said on its website.
Premier League clubs break £3 billion barrier to roar ahead of rivals
Record spending of £3 billion ($4 billion) during the summer transfer window further cements the Premier League as the "most competitive in world football", according to financial experts Deloitte.
Govt gestures leave roots of Indonesia protests intact
Government gestures to calm deadly protests in Indonesia have done little to address the economic inequality and hardship fuelling the unrest, leaving deep resentment to linger and flare up again, experts say. Such conditions mean many Indonesians will still feel the economic pain in the coming months, leaving the door open for fresh protests.
Suntory CEO quits over Japan drugs probe
One of Japan's best-known business people has resigned as CEO of beverage giant Suntory after police raided his house in an illegal drugs probe, the company and media reports said Tuesday. Police searched Niinami's house in August, but he has denied involvement, and no illegal drugs have been found.
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