In Indianapolis, Than Hre, the Burmese-born owner of Chin Brothers Restaurant & Grocery, stands behind his counter tallying receipts that tell the story of a business under pressure. Over the past year, he says, the profit margin for his restaurant and grocery business has dropped from around 35% to about 10% as tariffs and shipping … Read more
Tesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing and Washington. The U.S. company posted on the Chinese social media service Weibo that the project would be the largest of its kind in China when completed. Utility-scale battery energy storage systems help … Read more
An anti-Iranian hacking group with possible ties to Israel announced an attack on one of Iran’s largest cryptocurrency exchanges on Wednesday, destroying nearly $90 million and threatening to expose the platform’s source code. A group known as Gonjeshke Darande, or “Predatory Sparrow,” claimed the attack, making it the group’s second operation in two days. On … Read more
Seven Southern California men were charged in connection with what federal prosecutors described Tuesday as the largest jewelry heist in U.S. history. The defendants, all of whom are from the Los Angeles area, allegedly stole roughly $100 million in gold, diamonds, rubies, emeralds and luxury watches from an armored car in July 2022, according to … Read more
Garcia said that limiting immigrants’ ability to remain in the country legally is what often pushes people to “borrow” or “make up” false identifications. It is for the “sole purpose of working and nothing else, because there has been no other way for them to adjust their status and work under their own proper name … Read more