Category: Semafor

Much of the country is waking up to terrible air quality from wildfires — including Washington, DC — and Sen. Bernie Moreno, R-Ohio, wants to see Canada punished for the “atrocity,” according to details first shared with Semafor. The Ohio senator is dropping a new bill that would require President ...

The News US President Donald Trump used a primetime address on Thursday to allege sweeping vulnerabilities in the US election system, without providing any evidence of voter tallies being changed or election results being materially impacted. Speaking from the East Room of the White House, Trump discussed recently declassified intelligence ...

The News President Donald Trump’s warnings on Thursday night of massive risks to election security, which were backed by no new proof of threats to the November midterms, are designed to ramp up pressure on Republicans to back his voter ID bill. But there’s no sign that Trump’s squeeze play ...

The UK is exploring measures that would require employers to publish salary information for all job adverts, part of a global trend toward wage transparency. Proponents argue that explicitly revealing pay ranges will improve fairness and help people navigate the jobs market. Most OECD countries and 18 US states now ...

The US launched yet another wave of strikes against Iran on Thursday, as the conflict threatened to spiral into new territory. Tehran told the Houthis in Yemen to shut down a key oil route through the Red Sea if the US targets Iranian power infrastructure, Reuters reported. Houthi leaders also ...

A global selloff in chip stocks dragged markets down Thursday, as record earnings from TSMC, the world’s largest chipmaker, failed to quell doubts over the sustainability of AI spending. TSMC’s stock fell after the company announced a fresh $100 billion investment for US chip fabs, signaling strong demand, but further ...

Spain is deepening its embrace of the Chinese car industry even as other European powers call for protectionist measures to shield local automakers. A Spanish factory built by Chinese battery giant CATL and carmaker Stellantis will rely on workers brought from China during construction, Bloomberg reported. Two other industrial ventures ...

US drug regulators signed off on a new pill designed to lower cholesterol levels far beyond what traditional statins can achieve. Merck’s Lipfendra achieved similar results to injectable treatments, potentially heralding a new era of easier prevention for people wanting to bring down artery-clogging cholesterol. “This is a game changer,” ...

The Scoop DR Congo’s finance minister ordered the tax authority to remove seals placed on Glencore’s Kamoto Copper Company offices, as talks continue over a multibillion-dollar tax dispute, a government spokesman told Semafor. The move comes days after President Félix Tshisekedi warned that heavy-handed measures by tax officials threatened to ...

Liz’s view Ted Pick is dropping breadcrumbs. Morgan Stanley’s CEO plopped a telling line into Wednesday’s earnings call: “We are, as a discipline, constantly evaluating potential inorganic opportunities to expand in attractive geographies, bolt on new capabilities, add new client relationships.” Don’t be thrown off by the CEO-speak. Pick’s comments ...