Author: Press Room

A KKR logo displayed on the floor of the New York Stock Exchange on Aug. 23, 2018.Brendan McDermid | ReutersU.S.-based investment giant KKR expects the AI-driven productivity boom is only just getting started, but said it could mean growth is concentrated in just a few sectors. That’s according to the firm’s mid-year report distributed Thursday.While AI-driven productivity gains will play out in coming years, “the offset is that intensifying strategic competition will likely make economic growth more concentrated across fewer industries and, at times, more extreme than anything we have seen since the start of the second industrial revolution in…

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WHY DOES IT MATTER?The designation offers a glimpse into how Washington views the relationship between China’s commercial sector and military development as geopolitical competition intensifies, said analysts.“In a way, (the list) reflects the strategic thinking of the US towards China – (that) the Chinese government is using commercial companies to support its military research and capabilities,” said Benjamin Ho, an assistant professor at the S Rajaratnam School of International Studies (RSIS) in Singapore.Some of the designated entities are consumer product companies, Ho noted, citing EV maker BYD as a notable example.“It’s almost like the Pentagon saying that traditionally Chinese consumer…

BREAKINGBREAKING, The August 2015 attack at the popular Erawan Shrine in Bangkok’s commercial heart killed 20 and wounded over 100 more.Published On 11 Jun 202611 Jun 2026A court in Thailand has handed the death penalty to two men for a 2015 attack at a Bangkok shrine that killed 20 people, the deadliest bombing in the country’s history.The court issued its long-delayed ruling on Thursday, convicting two Uighur men of premeditated and attempted murder for their role in planting a bomb at the Erawan Shrine in Bangkok’s commercial heart on August 17, 2015.“The defendants committed a single act that violated multiple…

One of the richest men in the world, Microsoft co-founder Bill Gates, testified about his ties to the late convicted sex offender Jeffrey Epstein on Wednesday. Gates told lawmakers he never saw Epstein engage in criminal conduct. Nikole Killion reports.

NEWYou can now listen to Fox News articles! The New York Knicks outscored the San Antonio Spurs by 28 points after the Wu-Tang Clan’s halftime performance to complete the largest comeback in NBA Finals history.Down by 29 at one point, the Knicks stormed all the way back, putting Madison Square Garden into a frenzy.But before that, just about every ounce of momentum was in the Spurs’ hands – and the Knicks had few answers. San Antonio Spurs forward Victor Wembanyama shoots against New York Knicks forward Og Anunoby in the fourth quarter during game four of the 2026 NBA Finals…

On the second day of Crown cross-examination, Vitali Stefanski admitted he forced his ex-wife, Tatjana Stefanski, into his vehicle one day before the 44-year old woman was found dead in a forested area in the North Okanagan. It was April 13, 2024, when security video from an adjacent property, showed Stefanski and Tatjana at the top of the driveway of her Lumby home, which she shared with her children and partner at the time.Her body was found down a steep embankment near the 25-km mark on a forest service road near Mabel Lake on April 14, 2024.Stefanski told the court…

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Separately, Asyraf said that the party remained open to cooperation with any political party in the interests of political stability and the well-being of the people, local media reported. “Any form of cooperation must be rooted in the principles of sincerity and trust,” he said in a statement issued after Wednesday’s UMNO Supreme Council meeting, as quoted by Free Malaysia Today. Asyraf added that the party has the right to decide its own stance and direction in any election, including the upcoming Johor and Negeri Sembilan state elections. While there have been calls from certain quarters for UMNO to revive the defunct Muafakat…

Amazon’s best books of the year so far – CBS News Watch CBS News Amazon Books editorial director Sarah Gelman joins “CBS Mornings” to reveal Amazon’s best books of the year so far and why they made the list.