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Nation and World

Nissan shuts plants, culls jobs after worst loss in 25 years

By Nicholas Takahashi
May 13, 2025 6:59 am - Nissan Motor Co. vowed to close seven factories and slash 20,000 jobs after posting its biggest annual loss since French carmaker Renault SA rescued it from near bankruptcy a quarter century ago.
French actor Gérard Depardieu found guilty of sexual assault and given 18-month suspended sentence

By SYLVIE CORBET
May 13, 2025 6:57 am - On Tuesday, French movie star Gérard Depardieu was found guilty of sexually assaulting two women on the set of a movie in which he starred in 2021 and given an 18-month suspended prison sentence.
Saudi crown prince welcomes Trump to kingdom as US leader begins 4-day Middle East tour

By ZEKE MILLER, AAMER MADHANI and JON GAMBRELL
May 13, 2025 6:55 am - U.S. President Donald Trump kicked off a four-day Middle East trip on Tuesday in Saudi Arabia, putting the focus on sealing economic agreements with a key Mideast ally while shared concerns about Iran's nuclear program and the war in Gaza bubble in the background.
Trump’s tariff truce with China brings some relief but uncertainty over what's next

By JOSH BOAK and DIDI TANG
May 12, 2025 5:24 pm - President Donald Trump’s agreement with China to temporarily slash tariffs for 90 days offered the world a bit of welcome relief. But what persists is a sense of uncertainty and the possibility that some damage from the trade war could already be done.
US businesses that rely on Chinese imports express relief and anxiety over tariff pause

By MAE ANDERSON and ANNE D'INNOCENZIO
May 12, 2025 2:32 pm - American businesses that rely on Chinese goods reacted with muted relief Monday after the U.S. and China agreed to pause their exorbitant tariffs on each other's products for 90 days.
Trump administration welcomes 49 white South Africans as refugees

By MATTHEW LEE, REBECCA SANTANA and MOGOMOTSI MAGOME
May 12, 2025 2:16 pm - The Trump administration on Monday welcomed a small group of white South Africans as refugees, saying they face discrimination and violence at home, which the country's government strongly denies.
The Eurovision Song Contest is back. Here’s how and who to watch.

By JILL LAWLESS
May 12, 2025 11:40 am - The Eurovision party is officially underway: a week of power pop, outrageous outfits — and, inevitably, protests — that culminates in the final of the 69th Eurovision Song Contest on Saturday night.
Dow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war

By STAN CHOE
May 12, 2025 8:44 am - Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war. Each of the world’s two largest economies agreed to take down temporarily most of its tariffs against the other, which economists had warned could start a recession and create shortages on U.S. store shelves.
Hamas says it released Israeli-American hostage in goodwill gesture toward Trump administration

By WAFAA SHURAFA, SAMY MAGDY and TIA GOLDENBERG
May 12, 2025 7:29 am - An Israeli-American soldier held hostage for more than 19 months in the Gaza Strip was released Monday, Hamas said, in a goodwill gesture toward the Trump administration that could lay the groundwork for a new ceasefire with Israel.
Trump signs executive order setting 30-day deadline for drugmakers to lower prescription drug costs

By WILL WEISSERT and AMANDA SEITZ
May 12, 2025 7:13 am - President Donald Trump on Monday signed a sweeping executive order setting a 30-day deadline for drugmakers to electively lower the cost of prescription drugs in the U.S. or face new limits down the road over what the government will pay.

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