Author: Action News 7

Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea.Mongkol Chuewong | Moment | Getty ImagesAsia-Pacific market fell across the board Tuesday, tracking Wall Street declines as investors continued to rotate out of the artificial intelligence trade in the U.S.Shares of AI plays, like Oracle and Broadcom, slipped more than 5% and 2% respectively, while Microsoft also saw some losses.Over in Asia, South Korea’s Kospi lost 2.24%, leading losses in Asia and closing at 3,999.13, while the small-cap Kosdaq fell 2.42% to 916.11. This is the first time…

Despite being in control of the White House and Congress, Republicans have been unable to pass their health care agenda. We look at why that’s the case, as well as a new lawsuit against the president. AYESHA RASCOE, HOST: Another week passed without lawmakers being able to agree on a health care plan with the current subsidies expiring in less than three weeks. And a new plan that replaces the Affordable Care Act – often called Obamacare – is something President Trump has been promising for years. Here he is in 2011, speaking at the Conservative Political Action Conference in…

HONG KONG — HONG KONG (AP) — Jimmy Lai, the pro-democracy former Hong Kong media mogul and outspoken critic of Beijing, was convicted Monday in a landmark national security trial, which could send him to prison for the rest of his life.Three government-vetted judges found Lai, 78, guilty of conspiring with others to collude with foreign forces to endanger national security and conspiracy to publish seditious articles. He pleaded not guilty to all charges. Lai was arrested in August 2020 under a Beijing-imposed national security law that was implemented following massive anti-government protests in 2019. Lai has spent five years…

President Donald Trump signs an executive order classifying fentanyl as a “weapon of mass destruction,” during a ceremony for the presentation of the Mexican Border Defense Medal in the Oval Office of the White House on December 15, 2025 in Washington, DC. D Anna Moneymaker/Getty Images/Getty Images North America hide caption toggle caption Anna Moneymaker/Getty Images/Getty Images North America President Trump on Monday signed an executive order designating the street drug fentanyl a weapon of mass destruction. “The manufacture and distribution of fentanyl, primarily performed by organized criminal networks, threatens our national security and fuels lawlessness in our hemisphere and…

While he is remembered mostly for his movie classics like This Is Spinal Tap, Stand By Me, The Princess Bride, When Harry Met Sally, Misery, A Few Good Men and The American President, Rob Reiner also was largely responsible for a TV classic, the 1989 NBC comedy series Seinfeld. A day after Hollywood — and the world — were shocked by the senseless murder of Reiner and his wife Michele Reiner, Seinfeld co-creator, star and executive producer Jerry Seinfeld paid tribute to the show’s backer and champion. “Next to Larry David and George Shapiro, Rob Reiner had the biggest influence…

Dec 15, 2025, 03:25 PM ETWeek 16 gets underway with a huge matchup between NFC West rivals, as the Seattle Seahawks host the Los Angeles Rams on “Thursday Night Football.”And we get another pair of rivalry games Saturday, with the Philadelphia Eagles visiting the Washington Commanders and the Chicago Bears hosting the Green Bay Packers.Editor’s PicksSunday’s slate features a big NFC South matchup between the Tampa Bay Buccaneers and Carolina Panthers in the early window of games. In the late window, the Jacksonville Jaguars visit the Denver Broncos and the Detroit Lions host the Pittsburgh Steelers.The New England Patriots hit…

Even three years after the generative AI boom started, most AI startups are still making money by selling to businesses, not individual consumers. Although consumers quickly adopted general-purpose LLMs like ChatGPT, most specialized consumer GenAI applications have yet to resonate. “A lot of early AI applications around video, audio, and photo were super cool,” said Chi-Hua Chien, co-founder and managing partner at Goodwater Capital, onstage at TechCrunch’s StrictlyVC event in early December. “But then Sora and Nano Banana came out, and the Chinese open sourced their video models. And so, a lot of those opportunities disappeared.” Chien compares some of…

Green Thumb Industries founder and CEO Ben Kovler breaks down the White House’s potential move to reclassify marijuana from Schedule I to Schedule III on ‘The Claman Countdown.’ President Donald Trump on Monday reiterated that he is weighing whether to reclassify marijuana as a less dangerous drug, a statement that mirrors similar comments he made earlier this year and during his 2024 presidential campaign. Speaking to reporters in the Oval Office, the president said he was considering an executive order to reclassify marijuana as a Schedule III drug.”We are considering that. A lot of people want to see it, the…

WASHINGTON — The U.S. job market is sluggish and confusing this fall.American companies are mostly holding onto the employees they have. But they’re reluctant to hire new ones as they struggle to assess how to use artificial intelligence and how to adjust to President Donald Trump’s unpredictable policies, especially his double-digit taxes on imports from around the world.The uncertainty leaves jobseekers struggling to find work or even land interviews. Federal Reserve policymakers are divided over whether the labor market needs more help from lower interest rates. Their deliberations are rendered more difficult because official reports on the economy’s health are…

A Pakistani brewery founded in the 19th century is exporting beer again for the first time in decades, despite alcohol being illegal for the country’s Muslim majority. AILSA CHANG, HOST: There’s an iconic brewery in Pakistan that’s been operating for generations, even though it’s illegal for the country’s Muslim majority to drink. It’s called Murree Brewery. And this year, the brewery got the green light to export its beer for the first time in decades. Betsy Joles tells us more from Rawalpindi.BETSY JOLES, BYLINE: Outside the Murree Brewery factory in the city of Rawalpindi, forklifts carry cardboard boxes of beer…