Month: March 2025
Goodyear Tire’s transformation plan is underway — in the sky and on the ground
A Goodyear blimp flies Goodyear AKRON, Ohio — Does the Goodyear blimp sell tires? That was one question veteran auto executive Mark Stewart had when he started as CEO of Goodyear Tire & Rubber Co. a little more than a year ago, seeking to lead a transformation plan for the quintessential American company. For a […]
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South Korea’s President Yoon free, trials continue after court quashes detention
Yoon Suk Yeol attends a hearing for his impeachment trial at the Constitutional Court in Seoul, South Korea, on Jan. 23, 2025. Bloomberg | Bloomberg | Getty Images South Korean President Yoon Suk Yeol walked out of a detention center in Seoul on Saturday after prosecutors decided not to appeal a court decision to cancel […]
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Cyclone Alfred downgraded as millions of Australians stay indoors
Residents walk along the damaged foreshore of Nobby’s Beach located on the southern end of the Gold Coast on March 7, 2025. David Gray | Afp | Getty Images Ex-tropical cyclone Alfred lingered off the south-east Australian coast on Saturday and forecasters said Brisbane is likely to miss the worst of the storm, a relief […]
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China to impose retaliatory tariffs on some Canadian products as trade war heats up
Containers at the Port of Vancouver in Vancouver, British Columbia, Canada, Feb. 28, 2025. Ethan Cairns/Bloomberg via Getty Images China on Saturday announced retaliatory tariffs on some Canadian agricultural goods, hitting back after Ottawa slapped import duties on Chinese-made electric vehicles and steel and aluminum products. Beijing said a 100% tariff would be imposed on […]
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Hinge Health to go public as soon as April, source says
Hinge Health’s TrueMotion feature. Courtesy: Hinge Health Digital physical therapy startup Hinge Health is gearing up to file for an initial public offering, potentially as soon as next week, CNBC has learned. Hinge Health helps patients with musculoskeletal injuries ranging from minor sprains to chronic pain recover from the comfort of their own homes. Its IPO […]
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Trump Organization sues Capital One bank over account closures after Jan. 6 Capitol riot
U.S. President Donald Trump speaks with members of the media on the South Lawn before boarding Marine One at the White House, in Washington, D.C., U.S., Feb. 28, 2025. Nathan Howard | Reuters The Trump Organization sued Capital One in Florida on Friday for allegedly “unjustifiably” closing more than 300 of the company’s bank accounts […]
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Wall Street wants clarity on trade, growth in the coming week after latest selloff
Investors could use some good news after this week’s selloff. Whether they get any in the week ahead remains to be seen. The past week’s slump was ugly. President Donald Trump’s tariffs on Canada, Mexico and China and rumblings of economic weakness alarmed investors who fear the market outlook has taken a turn for the […]
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Tesla shares have declined every week since Elon Musk went to Washington
Elon Musk speaks during the first cabinet meeting hosted by U.S. President Donald Trump, at the White House in Washington, DC, U.S., February 26, 2025. Brian Snyder | Reuters Tesla’s stock has never had a stretch this red. For seven straight weeks, since Elon Musk went to Washington, D.C. to join the Trump administration, shares […]
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AppLovin short-seller urges exclusion of the stock from S&P 500 index
The short-seller assault on AppLovin is getting ratcheted up a notch. A week after Fuzzy Panda Research put out a report alleging that AppLovin’s ad-tech software is the “nexus of a house of cards,” and accusing the company of violating Google and Apple’s app store policies, the short-seller firm is urging the S&P Index Committee […]
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Money market funds have grown to a record $7 trillion. Here are the biggest ones and the yields they’re paying
Americans are flocking to cash amid the market turmoil, with money market fund assets hitting a record $7.03 trillion as of the week ended Wednesday, according to the Investment Company Institute . Markets have been rocky of late as investors grapple with uncertainty around President Donald Trump’s tariffs and their impact on the economy. “Recent […]
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