Canada Announces First High-speed Rail: Toronto To Quebec City

Canada Announces First High-speed Rail: Toronto To Quebec City

Prime Minister Justin Trudeau on Wednesday announced Canada’s first high-speed rail line, connecting major hubs from Toronto to Quebec City, calling it “the largest infrastructure project in Canadian history.” The corridor is home to 18 million people or 44 percent of Canada’s population. The plan is for the 1,000-kilometer (620-mile) line to carry electric trains…

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Burundi, Uganda Manoeuvre As DR Congo Violence Spreads

Burundi, Uganda Manoeuvre As DR Congo Violence Spreads

Countries bordering the eastern Democratic Republic of Congo sought to shore up defences on Wednesday as violence spreads through the region, with Burundi forced to pull back troops and Uganda securing a key city. There are fears the escalation of fighting between troops and militias in the vast mineral-rich region could trigger a repeat of…

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Glencore Looks To Leave London Stock Exchange As Falls Into Loss

Glencore Looks To Leave London Stock Exchange As Falls Into Loss

Swiss mining and commodity trading giant Glencore said Wednesday it was considering shifting its stock listing from London after it stumbled into a net loss last year on falling coal prices and writing down the value of assets. “We are actively considering the right exchange for our shares,” Glencore chief executive Gary Nagle said in…

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Struggle Over Americans’ Personal Data Plays Out Across the Government

Struggle Over Americans’ Personal Data Plays Out Across the Government

Last week, Michelle King, the acting commissioner of the Social Security Administration, sought to reassure Democrats on Capitol Hill about the presence of two of Elon Musk’s allies at her agency. The Social Security Administration keeps medical information, bank account numbers and other sensitive personal data about the roughly 70 million Americans it provides with…

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The Cryptocurrency Scam That Turned a Small Town Against Itself

The Cryptocurrency Scam That Turned a Small Town Against Itself

In the Wichita courtroom, Hanes offered his only public reflection on the bank collapse. Wearing a gray suit, he walked up to the lectern, glancing nervously at his former friends in the gallery. “I’m sorry,” he told the judge. Until the very end, he explained, he thought he was involved in a legitimate business deal.…

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Trump Says US Auto Tariffs To Be Around 25%

Trump Says US Auto Tariffs To Be Around 25%

US President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors. Trump has announced a broad range of levies on some of the biggest US trading partners since taking office in January, arguing that they will help tackle…

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USPS Postmaster General Louis DeJoy Steps Down After ‘Rare’ Q1 Profit, Calls for Successor

USPS Postmaster General Louis DeJoy Steps Down After ‘Rare’ Q1 Profit, Calls for Successor

The US Postal Service (USPS) announced on Tuesday that Postmaster General Louis DeJoy will step down after five years marked by controversy and significant challenges. His tenure saw the agency navigate the COVID-19 pandemic, a surge in mail-in election ballots, and ongoing efforts to cut costs and curb financial losses. DeJoy, America’s 75th Postmaster General,…

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OpenAI’s Former Chief Technology Officer Starts Her Own Company

OpenAI’s Former Chief Technology Officer Starts Her Own Company

Mira Murati, the former chief technology officer of OpenAI who unexpectedly left the company in September, has helped found a new artificial intelligence start-up called Thinking Machines Lab, adding to the wave of young companies that have been formed in the race to lead A.I. Thinking Machines Lab aims to “make A.I. systems more widely…

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