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U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

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FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

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Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation

1

U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran war

2

FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’

3

Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamation
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A Chinese Pink Floyd fan is giving Claude and Chat their own DeepSeek moment — an AI model just as good and half the price

Moonshot’s founder trained at Carnegie Mellon. Now his Kimi K3 model is beating U.S. giants at their own game — and making Silicon Valley sweat.

By Matt O'Brien and The Associated PressJuly 18, 2026
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
Businesses are experimenting with cheaper Chinese AI models as U.S. rivals get more expensive
By Tatiana SatauaJuly 17, 2026
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
Markets may have just experienced their second DeepSeek shock, this time thanks to a Chinese AI lab named after a Pink Floyd album
By Nicholas GordonJuly 17, 2026
xi
Xi offers AI olive branch to the world, calling for ‘symphony of global cooperation’
By Han Guan Ng, Chan Ho-Him and The Associated PressJuly 17, 2026
Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory
Moonshot’s Kimi K3 pushes Chinese AI into Fable-level territory
By Nicholas GordonJuly 16, 2026
tesla
Runaway Tesla that crashed into a grandmother’s living room was actually being steered by a human, investigators find
By Bernard Condon and The Associated PressJuly 16, 2026
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Politics
Trump monetizing his social media account is ‘odious’ and ‘brazen corruption’ — or an attempt to revive a 70% stock price crash since election
By Bernard Condon and The Associated PressJuly 18, 2026
bank
Banking
Citizens Bank drops links with private prison companies, citing ‘changed commercial circumstances’
By Ken Sweet and The Associated PressJuly 18, 2026
tourism
Travel & Leisure
‘They put 100% effort into looking after you’: Wary soccer fans stunned by a look at the real America, not the image they’ve been sold by the media
By Sarah Raza and The Associated PressJuly 18, 2026
dna
Law
‘My mind was just completely blown’: 2 families sue hospital after DNA proves their kids were switched at birth 38 years ago
By Mikella Schuettler, Thomas Peipert, Gene Johnson and The Associated PressJuly 18, 2026
Trump, Iran and Jimmy Carter — experts think it’s ‘dawning on him’ that he should have paid closer attention to history
Politics
Trump, Iran and Jimmy Carter — experts think it’s ‘dawning on him’ that he should have paid closer attention to history
By Will Weissert and The Associated PressJuly 18, 2026
Desalination plants, a vital source of Mideast drinking water, come under attack as renewed U.S.-Iran war escalates to target infrastructure
Energy
Desalination plants, a vital source of Mideast drinking water, come under attack as renewed U.S.-Iran war escalates to target infrastructure
By Jon Gambrell, Toqa Ezzidin and The Associated PressJuly 18, 2026
time
Commentary
It’s time to dump time zones
By Steve H. HankeJuly 18, 2026
Photo of David Solomon
Success
Goldman Sachs CEO says he’d hire someone ‘smart enough’ over the smartest person in the world because ultimately experience trumps brains
By Emma BurleighJuly 18, 2026
More AsiaPage 63 of 69
How Apple finally cracked the India market—at exactly the right time
Tech
How Apple finally cracked the India market—at exactly the right time
By Varsha BansalDecember 14, 2023
Elon Musk wanted India to cut EV import tariffs before he opens a factory there. It looks like it’s not happening—for now
Finance
Elon Musk wanted India to cut EV import tariffs before he opens a factory there. It looks like it’s not happening—for now
By Ragini Saxena and BloombergDecember 14, 2023
Vietnam and India are bright spots for Hilton as Asian travel comes roaring back—and Chinese tourists stay home
Leadership
Vietnam and India are bright spots for Hilton as Asian travel comes roaring back—and Chinese tourists stay home
By Lionel LimDecember 14, 2023
China’s carmakers need to design electric cars twice as fast as established companies if they want to survive the country’s cutthroat EV market
Conferences
China’s carmakers need to design electric cars twice as fast as established companies if they want to survive the country’s cutthroat EV market
By Nicholas GordonDecember 13, 2023
China’s ‘deflationary cloud’ has a silver lining—they can export lower prices to the West in a win-win scenario, according to one Wall Street strategist
Finance
China’s ‘deflationary cloud’ has a silver lining—they can export lower prices to the West in a win-win scenario, according to one Wall Street strategist
By Will DanielDecember 13, 2023
A woman holding a toy while taking a selfie
Tech
China’s fears over the economy and its Gen Z ‘lying flat’ have it worried about social media posts with a bad attitude
By Paolo ConfinoDecember 12, 2023
Former US vice president and climate campaigner Al Gore
Environment
Climate activist Al Gore blasts COP28 outcome as biggest failure in history—it ‘reads as if OPEC dictated it word for word’
By Christiaan HetznerDecember 12, 2023
A Bentley Bentayga
Finance
Bentley follows Lamborghini with launch of $260,000 luxury SUV to tap ‘the most important market’ in Asia
By Heejin Kim and BloombergDecember 12, 2023
JD.com’s billionaire founder tells employees not to ‘lie flat’ as Temu-owner PDD gains ground on him and Alibaba founder Jack Ma
Leadership
JD.com’s billionaire founder tells employees not to ‘lie flat’ as Temu-owner PDD gains ground on him and Alibaba founder Jack Ma
By Lionel LimDecember 12, 2023
Korean megaband BTS goes on hiatus at least until 2025 with all 7 members fulfilling mandatory military service
Politics
Korean megaband BTS goes on hiatus at least until 2025 with all 7 members fulfilling mandatory military service
By Kim Tong-Hyung and The Associated PressDecember 11, 2023
Shohei Ohtani’s record $700m contract with the LA Dodgers is boosting his sponsors’ stock prices and expected to have a $437m impact in just one year
Finance
Shohei Ohtani’s record $700m contract with the LA Dodgers is boosting his sponsors’ stock prices and expected to have a $437m impact in just one year
By Aya Wagatsuma and BloombergDecember 11, 2023
TikTok is spending $1.5 billion on a joint venture to solve the problem of Indonesia’s surprise social media shopping ban
Asia
TikTok is spending $1.5 billion on a joint venture to solve the problem of Indonesia’s surprise social media shopping ban
By Lionel LimDecember 11, 2023
China’s deflation fears intensify as consumer prices fall at the steepest pace in three years
Asia
China’s deflation fears intensify as consumer prices fall at the steepest pace in three years
By BloombergDecember 9, 2023
Macau, the world’s biggest gambling hub, needs a ‘completely new perspective,’ says MGM China’s Pansy Ho—and she thinks art is the path forward
Conferences
Macau, the world’s biggest gambling hub, needs a ‘completely new perspective,’ says MGM China’s Pansy Ho—and she thinks art is the path forward
By Lionel LimDecember 6, 2023
Christie’s Asia president doesn’t think AI artists are stealing work: ‘Do we know any artist that has created a painting fully isolated?’
Conferences
Christie’s Asia president doesn’t think AI artists are stealing work: ‘Do we know any artist that has created a painting fully isolated?’
By Lionel LimDecember 6, 2023
Yuan banknote on the background of stock charts
Finance
China’s credit rating outlook cut to negative by Moody’s, with concerns raised about the nation’s debt levels
By BloombergDecember 5, 2023
Nvidia is promising to help Japan get the AI chips it needs for a network of new datacenters
Tech
Nvidia is promising to help Japan get the AI chips it needs for a network of new datacenters
By Lionel LimDecember 5, 2023
The ‘Chinese Warren Buffett’ gives a moving eulogy for Charlie Munger, calling him the ‘enlightened’ embodiment of ‘modern-day Confucianism’
Finance
The ‘Chinese Warren Buffett’ gives a moving eulogy for Charlie Munger, calling him the ‘enlightened’ embodiment of ‘modern-day Confucianism’
By Will DanielDecember 4, 2023
Young female farmer holding tablet in hand in paddy field of modern agriculture in China
Success
China’s youth unemployment crisis has millennials quitting the city for the country and the farming life—that their parents escaped
By BloombergDecember 4, 2023
Lloyd Austin
Politics
America expands military tech, info sharing pact with Australia, UK in China’s backyard of the Indo-Pacific
By Lolita C. Baldor and The Associated PressDecember 4, 2023
Montana’s first-in-nation TikTok ban blocked by judge who calls it unconstitutional and fixated on Chinese influence
Politics
Montana’s first-in-nation TikTok ban blocked by judge who calls it unconstitutional and fixated on Chinese influence
By Amy Beth Hanson and The Associated PressDecember 1, 2023
PwC employees cheating on tests in China just cost the auditing firm $7 million in U.S. fines
Asia
PwC employees cheating on tests in China just cost the auditing firm $7 million in U.S. fines
By Lionel LimDecember 1, 2023
Alibaba’s reversal from online superstar is so serious that it briefly lost its crown as China’s second-most valuable e-commerce player
Asia
Alibaba’s reversal from online superstar is so serious that it briefly lost its crown as China’s second-most valuable e-commerce player
By Charlotte Yang, Jane Zhang and BloombergNovember 30, 2023
Jewish tech leaders met with TikTok’s CEO to raise concerns that the platform is biased toward Pro-Palestine content
Leadership
Jewish tech leaders met with TikTok’s CEO to raise concerns that the platform is biased toward Pro-Palestine content
By Michal Lev-RamNovember 30, 2023
Berkshire Hathaway vice chairman Charlie Munger
Finance
Tesla’s biggest rival mourns death of early backer Charlie Munger: ‘His unwavering support and guidance were instrumental in shaping BYD’ 
By Christiaan HetznerNovember 29, 2023
Peng Xiao
Conferences
The UAE’s leading AI CEO addresses bombshell New York Times report alleging China ties, says he didn’t finish reading the story
By Nicholas GordonNovember 29, 2023
Adrian and Henry Cheng
Finance
Hong Kong’s third-richest man brushes back succession theories: ‘If there’s no family member suitable, we can hire from the outside’
By Shawna Kwan, Shirley Zhao and BloombergNovember 29, 2023
‘Every great company is born in a winter’: Jack Ma stuns Alibaba employees with memo calling for firm he co-founded to ‘correct its course’
Leadership
‘Every great company is born in a winter’: Jack Ma stuns Alibaba employees with memo calling for firm he co-founded to ‘correct its course’
By Zheping Huang, Jane Zhang, Sarah Zheng and BloombergNovember 29, 2023
Joey Wat
Conferences
The CEO behind nearly 10,000 KFCs in China explains the country’s consumption slump: A ‘psychological’ consequence of COVID-zero
By Nicholas GordonNovember 29, 2023
Fast-fashion giant Shein could have the 5th-largest consumer IPO of all time—but its China roots and forced-labor allegations make it challenging
Finance
Fast-fashion giant Shein could have the 5th-largest consumer IPO of all time—but its China roots and forced-labor allegations make it challenging
By Amy Or, Olivia Rockeman and BloombergNovember 28, 2023
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Economy
U.S. companies have finally gotten $71 billion in tariff refunds, but they’re using it to offset inflation caused by the Iran warplaceholder alt text
By Sasha RogelbergJuly 17, 2026
C-Suite
FedEx CEO says we are in the middle of the biggest supply chain shift he’s seen in 35 years: ‘We are the referendum’placeholder alt text
By Fortune EditorsJuly 15, 2026
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Kevin O’Leary claimed opposition to his Utah data center was fueled by Chinese money. Now he and Fox News are being sued for defamationplaceholder alt text
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