Chinese drone giant DJI built such a successful U.S. business that it almost drove all competitors out of the market. Yet staff cuts and departures are compounding problems caused by government restrictions on Chinese companies and raising the once-remote prospect of DJI losing its dominance.
Business & Financial News, U.S & International Breaking News
French billionaire politician Olivier Dassault killed in helicopter crash
French billionaire Olivier Dassault was killed on Sunday in a helicopter crash, a police source said, with President Emmanuel Macron paying tribute to the 69-year old conservative politician.
Iran releases British-Iranian aid worker Zaghari-Ratcliffe from house arrest but court summons looms
Iran has released British-Iranian aid worker Nazanin Zaghari-Ratcliffe from house arrest at the end of her five-year prison sentence, but she has been summoned to court again on another charge, her lawyer said on Sunday.
U.S. Senator Schumer backs inquiry after more women accuse Cuomo of sex misconduct
The most powerful New Yorker in Congress, U.S. Senate Majority Leader Chuck Schumer, on Sunday said he backed an investigation into sexual harassment allegations against Governor Andrew Cuomo made by five women, most of them former aides.
Marathon fight to pass U.S. pandemic relief tests Democrats' majority
The battle to pass a COVID-19 relief bill demonstrated how hard things will be for U.S. President Joe Biden's Democrats in Congress, facing opposition from right and left as they try to score big wins with small majorities.
Pope Francis meets father of drowned Syrian boy
Pope Francis on Sunday met the father of Alan Kurdi, the boy whose body washed up on a Turkish beach six years ago became an image of the suffering of Syrians trying to escape war.
Activists paint barriers with names of female victims of violence in Mexico
The names of women victimized by violence were painted late on Saturday on metal barriers erected around Mexico's national palace ahead of a major women's march as activists turned the fencing into a makeshift billboard for their movement.
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