Business Times (China)

The Business Times serves as a reliable provider of up-to-date news, insights, and analyses regarding the factors influencing both the global and national economies. Established in 2009 and based in Beijing, The Business Times is a digital news outlet that delivers in-depth coverage and commentary on key business, economic, political, and technological topics from around the globe.

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ICE Arrests Migrants in Chicago After Summoning Them With Check-In Texts, Prompting Protests and Mayor's Rebuke

3 days ago | btimesonline.com | Ryan Mueller

U.S. Immigration and Customs Enforcement (ICE) agents on Wednesday detained more than ten migrants at a South Loop supervision office in Chicago after individuals were reportedly tricked into showing up for routine immigration appointments. The incident has triggered sharp criticism from city officials, immigration attorneys, and advocacy groups, who described the arrests as deceptive and dangerous.
Trump Revives Travel Ban for 12 Countries, Spares Olympic and World Cup Athletes

3 days ago | btimesonline.com | Ryan Mueller

President Donald Trump on Wednesday signed a sweeping travel ban barring entry into the United States for citizens of 12 countries and imposing partial restrictions on seven others, while exempting athletes and related personnel participating in upcoming global sporting events including the 2025 Club World Cup, the 2026 FIFA World Cup, and the 2028 Summer Olympics.
CDC Official Resigns After RFK Jr. Overrules Vaccine Guidance for Pregnant Women, Children

3 days ago | btimesonline.com | Ryan Mueller

A senior official at the Centers for Disease Control and Prevention resigned Tuesday from her leadership role in shaping COVID-19 vaccine policy, following a controversial directive issued by Health and Human Services Secretary Robert F. Kennedy Jr. that rewrote longstanding CDC guidance without committee approval.
Trump Says Putin Vowed Retaliation for Ukraine Drone Strike in 75-Minute Call

3 days ago | btimesonline.com | Ryan Mueller

President Donald Trump said Wednesday that Russian President Vladimir Putin vowed retaliation for Ukraine's surprise drone strike on Russian airfields over the weekend, warning of further escalation as U.S.-led efforts to broker peace in the nearly four-year-old war face renewed setbacks. In a 75-minute phone call, the second in recent weeks, Trump and Putin discussed the Ukrainian assault, which reportedly damaged or destroyed over 40 Russian military aircraft.
Trump Slams Fed Chair Powell After ADP Jobs Report Miss, Renews Pressure to Cut Interest Rates

4 days ago | btimesonline.com | Ryan Mueller

President Donald Trump lashed out at Federal Reserve Chairman Jerome Powell on Wednesday, demanding immediate interest rate cuts after private-sector hiring figures fell sharply below expectations. The outburst followed ADP's monthly employment report, which showed just 37,000 private payrolls added in May-well under the Dow Jones estimate of 110,000. "ADP NUMBER OUT!!! 'Too Late' Powell must now LOWER THE RATE," Trump posted on Truth Social.
Former Biden Spokesman Says Israel ‘Without a Doubt’ Committed War Crimes in Gaza

5 days ago | btimesonline.com | Ryan Mueller

A former top Biden administration official now says Israel "without a doubt" committed war crimes in Gaza - a stark departure from his public position while serving as spokesperson for the U.S. State Department. Matthew Miller, who held the post from 2023 until early 2025, made the remarks during an interview on Sky News' "Trump 100" podcast with host Mark Stone. "I don't think it's a genocide, but I think it is without a doubt true that Israel has committed war crimes," Miller said.
Trump Says ‘No Enrichment’ as Iran Slams U.S. Proposal, Talks on Verge of Collapse

5 days ago | btimesonline.com | Ryan Mueller

Tehran is preparing to reject the latest U.S. nuclear proposal, with a senior Iranian official calling the plan "incoherent and disjointed," as negotiations appear to be unraveling despite President Donald Trump's recent claims that a deal was close.
Major Companies Drop Law Firms That Yielded to Trump’s Pressure Campaign

6 days ago | btimesonline.com | Ryan Mueller

A wave of leading U.S. corporations, including Microsoft, Oracle, Morgan Stanley, and McDonald's, are reducing or severing ties with major law firms that agreed to deals with the Trump administration earlier this year, according to The Wall Street Journal. At least 11 companies have reassigned legal work, citing reputational and conflict-of-interest concerns after the firms accepted pro bono obligations in exchange for lifted executive sanctions.
SEC Drops Binance Lawsuit with Prejudice, Capping Trump-Era Crypto Pivot

1 week ago | btimesonline.com | Ryan Mueller

The U.S. Securities and Exchange Commission on Thursday formally dropped its civil lawsuit against Binance, the world's largest cryptocurrency exchange, marking a major reversal in the agency's approach to crypto regulation under President Donald Trump. The SEC's move to dismiss the case with prejudice prevents it from bringing the same charges again, signaling a broader policy shift in Washington's treatment of the digital asset industry.
‘Totally Fabricated’: Scientists Slam RFK Jr.'s MAHA Report for Listing Nonexistent Research Under Their Names

1 week ago | btimesonline.com | Ryan Mueller

The Biden administration is facing mounting criticism after several studies cited in its flagship "Make America Healthy Again" (MAHA) report were found to be nonexistent. The White House has acknowledged the mistakes, attributing them to "formatting issues," and issued an updated version of the document on Thursday. Health and Human Services Secretary Robert F. Kennedy Jr., who leads the MAHA Commission, released the original report on May 22.