Month: March 2025
Auto suppliers face more dire circumstances than automakers amid Trump tariffs
US President Donald Trump arrives to speak about the United States – Mexico – Canada agreement, known as USMCA, during a visit to Dana Incorporated, an auto supplier manufacturer, in Warren, Michigan, January 30, 2020. Saul Loeb | Afp | Getty Images DETROIT — President Donald Trump’s proposed tariffs on goods from Mexico and Canada would hit automotive […]
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A stock poised to break out as copper prices climb — How to play it
Freeport-McMoRan (FCX) is set for a potential breakout as copper prices approach their 52-week highs, driving renewed interest in the largest global copper mining company. FCX, which generates most of its revenue from copper, is starting to outperform both the S & P 500 and its sector, signaling a bearish-to-bullish turnaround. The company’s recent earnings […]
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Ben & Jerry’s says parent Unilever decided to oust ice cream maker’s CEO
Sign for the ice cream brand Ben & Jerry’s on 6th November 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Ben & Jerry’s said its parent, Unilever, decided to oust the ice cream maker’s chief executive, Dave Stever, escalating a battle over the subsidiary’s independence on social policy issues. In […]
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Google, Apple hit with EU antitrust actions under cloud of Trump tariff threats
A man holds an Apple iPhone 16 Pro Max ahead of the launch of sales of the new iPhone 16 series smartphones in a store in Moscow, Russia September 20, 2024. Evgenia Novozhenina | Reuters European Union regulators are taking steps to rein in Google and Apple on antitrust charges, even as U.S. President Donald […]
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Bank of America’s CEO says economic growth is ‘better than people think’ and the Fed should stay on hold
Bank of America CEO Brian Moynihan said Wednesday that consumers are continuing to spend and economic growth should be solid though slower this year. Despite surveys indicating that confidence is at a nearly three-year low amid increasing worries about inflation, Moynihan told CNBC that spending data shows consumers are still shelling out money, though shifting […]
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Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term
Nvidia CEO Jensen Huang downplayed the negative impact from President Donald Trump’s tariffs, saying there won’t be any significant damage in the short run. “We’ve got a lot of AI to build… AI is the foundation, the operating system of every industry going forward. … We are enthusiastic about building in America,” Huang said Wednesday […]
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How new professional sports leagues like SailGP are putting women at the fore
Martine Grael, driver of Mubadala Brazil SailGP Team and Andy Maloney, flight controller, during a practice session ahead of the Emirates Dubai Sail Grand Prix presented by P&O Marinas in Dubai, UAE on Friday, November 22, 2024. Courtesy: Ricardo Pinto for SailGP | Handout image supplied by SailGP As women’s sports surge in popularity, professional leagues […]
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Boeing shares jump as CFO gives upbeat outlook, says cash burn is easing
Boeing workers are pictured exiting a gate below an image of a Boeing 737-800 aircraft as Boeing’s 737 factory teams hold the first day of a “Quality Stand Down” for the 737 program in Renton, Washington on January 25, 2024. Jason Redmond | AFP | Getty Images Boeing‘s cash burn is easing this quarter and […]
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Zelenskyy says he will talk to Trump as Russia, Ukraine report overnight strikes
Officials work at the site of destruction and fire after the Russian attack in Sumy, Ukraine on March 19, 2025. State Emergency Service of Ukraine | Anadolu | Getty Images Ukrainian President Volodymyr Zelenskyy on Wednesday said he would hold talks with White House leader Donald Trump, as Moscow and Kyiv reported overnight attacks hours […]
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Why uncertainty makes the stock market go haywire
Key Points Investor uncertainty have led to volatile trading in the stock market. They are unnerved by see-sawing Trump administration policy positions, most importantly on tariffs, experts said. Investors don’t know how policy will impact corporate profits, experts said. Source
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