Bitcoin breaks $100,000, driven by regulatory hopes and institutional support, while global stocks hit record highs and commodities show mixed trends.
Industry
What Industries Are Safe From Trump's Tariffs?
Despite the disruptive effects of Trump's upcoming tariffs on many industries, sectors like technology, financial services, healthcare, energy, and entertainment will remain largely unaffected.
Indian Start-Up Faces Outrage Over Use of Fake Layoffs for Publicity Stunt
Yes Madam, an Indian beauty service start-up, sparked controversy with a viral email claiming it would fire employees reporting workplace stress, later clarifying it as a publicity stunt.
Tariffs Pose Risks but Open Opportunities for Logistics Giant C.H. Robinson, Says CEO
C.H. Robinson's new CEO, Dave Bozeman, is tackling a freight recession, tariff uncertainty, and implementing a "lean" operating model, aiming to expand market share and leverage AI for operational efficiency.
Trudeau Warns Americans About Price Hikes From Trump's Tariff Plan Against Canada
Trudeau warns Trump's proposed Canada tariffs would raise US costs, harm economies, and vows retaliation, citing integrated trade ties between the nations.
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P&G shifts steel sourcing to Indian manufacturer Jindal to avoid tariff-related cost hikes, aiming to reduce expenses and maintain competitiveness in the razor market.
China bans gallium, germanium, and antimony exports to the U.S., citing national security, following recent US semiconductor restrictions, straining global supply chains.
Donald Trump's proposed tariff on Mexican goods, including avocados and tequila, could increase prices, reduce demand in the US, and harm both Mexican farmers and US consumers.
Trump's Trade Chief May Revoke China's Trade Privileges With Stricter Export and Investment Controls
Trump's trade nominee Jamieson Greer plans bold measures to reduce US-China economic reliance through tariffs, export controls, and boosting domestic industries.
The IRS faces a potential $20 billion funding loss due to complex legislative issues, which could hinder audits, tax collection, and increase the national deficit by $140 billion.
Trump plans a 10% tariff on Chinese goods and a 25% tariff on Mexico and Canada, citing illegal drug trade concerns, risking a trade war and impacting global markets.
Nestle plans to cut costs by $2.8B, boost marketing to 9% of sales, and reorganize its water and beverage businesses by 2025 to recover financial losses.
Spirit Airlines, after months of financial struggles and a failed merger with JetBlue, files for bankruptcy protection but continues operations, securing $350M in funding.
Jake Paul's upcoming fight with Mike Tyson is set to break records for the biggest boxing gate outside Las Vegas, with over $17.8 million in revenue and massive global attention.
