Month: February 2025
Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates
FILE PHOTO: The logo of Toyota is pictured in Cuautitlan Izcalli, Mexico, January 30, 2025 Raquel Cunha | Reuters Japanese automaker Toyota Motor on Wednesday reported a second consecutive fall in quarterly profit, as it navigates competition in China and a market shift toward electric vehicles. Here are Toyota’s results compared with estimates from analysts, […]
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Singapore passes law against foreign interference in race-based organizations
Singapore has passed a law designed to protect against foreign interference in its race-based clans and business associations, as the government looks to limit outsiders from undermining racial harmony in the multicultural city-state. Roslan Rahman | Afp | Getty Images Singapore has passed a law designed to protect against foreign interference in its race-based clans and business associations, as the government looks to limit […]
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USPS temporarily suspends some inbound packages from China, Hong Kong
A United States Postal Service worker pushes a cart of packages in New York City, on Dec. 4, 2023. Brendan Mcdermid | Reuters The U.S. Postal Service said Tuesday it’s temporarily suspending all inbound packages from China and Hong Kong Posts. The change is effective immediately and will remain “until further notice,” according to an […]
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Nissan and Honda shares rise as report says automakers may call off merger talks
Jaques Silva | Nurphoto | Getty Images Shares of Honda and Nissan rose Wednesday after a local newspaper reported that the Japanese automakers were considering calling off their merger talks. The boards of both companies are meeting soon to table the termination of the merger, Asahi Shimbun reported, citing sources. Shares of Nissan rose as […]
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CNBC Daily Open: Markets rise in a relief rally, but Alphabet earnings disappoint
The Google booth at ISE 2025, a professional congress, on Feb. 4, 2025 in Barcelona, Spain. Cesc Maymo | Getty Images News | Getty Images U.S. President Donald Trump on Monday paused tariffs on Mexico and Canada (but, notably, not China), and, in so doing, also stemmed the dip in stocks, at least for now. […]
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Google removes pledge to not use AI for weapons, surveillance
Sundar Pichai, CEO of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, April 3, 2024. Justin Sullivan | Getty Images Google has removed a pledge to abstain from using AI for potentially harmful applications, such as weapons and surveillance, according to the company’s updated “AI Principles.” A prior version of […]
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Senate confirms Trump’s nominee Pam Bondi as attorney general
Pam Bondi, U.S. President-elect Donald Trump’s nominee to be attorney general, testifies at a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington, U.S., January 15, 2025. Elizabeth Frantz | Reuters The Republican-led U.S. Senate confirmed Pam Bondi as the new U.S. attorney general on Tuesday, propelling one of President Donald Trump’s staunchest political allies to the top […]
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White House crypto czar David Sacks says first priority is stablecoin legislation
AI and Crypto Czar David Sacks speaks with President Donald J Trump as he signs executive orders in the Oval Office at the White House on Jan. 23, 2025 in Washington, DC. Jabin Botsford | The Washington Post | Getty Images As David Sacks, the newly appointed White House AI and crypto czar, collaborates with […]
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Trump says U.S. will own and develop Gaza, and its two million Palestinians should leave for now
President Donald Trump on Tuesday evening said the United States “will take over the Gaza Strip,” and “we’ll own it.” Trump said that all Palestinians currently living in Gaza — around 2 million people — should leave and be placed in other countries in the Middle East, among them Jordan and Egypt, while the U.S. […]
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Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds
Philip Jefferson speaks during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, D.C., U.S., on Feb. 3, 2022. The U.S. Senate on Wednesday voted overwhelmingly to confirm Philip Jefferson, an economist and Davidson College’s dean of faculty, to the Federal Reserve Board. Ken Cedeno | Bloomberg | Getty Images EASTON, Pa. […]
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