Month: March 2025
NHL commissioner says league could be affected by U.S.-Canada tariffs
National Hockey League Commissioner Gary Bettman said Wednesday that the league could be affected by the current tensions between the U.S. and Canada. Bettman said 25% of the league’s revenue comes from its Canadian clubs. Though he said the Canadian teams perform well, Bettman added that there could be ramifications for the league depending on […]
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Supreme Court denies Trump’s request to cancel USAID payments for completed work
A divided U.S. Supreme Court on Wednesday declined to let President Donald Trump’s administration withhold payment to foreign aid organizations for work they already performed for the government as the Republican president moves to pull the plug on American humanitarian projects around the world. Handing a setback to Trump, the court in a 5-4 decision […]
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Germany’s fiscal U-turn could be a ‘game changer’ for the country’s sluggish economy, analysts say
Markus Söder (l-r), Chairman of the CSU and Minister President of Bavaria, Friedrich Merz, candidate for Chancellor of the CDU/CSU, Chairman of the CDU/CSU parliamentary group and Federal Chairman of the CDU, Lars Klingbeil, Chairman of the SPD parliamentary group and Federal Chairman of the SPD, and Saskia Esken, Party Chairwoman of the SPD, hold […]
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Ex-Facebook engineer is tackling clinician burnout at Freed after seeing wife’s challenges
Erez Druk, co-founder and CEO of Freed. Courtesy: Freed For Erez Druk, who spent almost four years working at Facebook, building health-care startup Freed has been a labor of love, quite literally. Druk’s wife, Dr. Gabi Meckler, works at a community clinic in northern California, where she cares for children and adults, and delivers babies […]
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Abercrombie & Fitch shares fall after star retailer posts weak guidance for year ahead
Abercrombie & Fitch‘s growth story is starting to slow down. The apparel retailer issued weaker-than-expected guidance for its current quarter and fiscal 2025, and said it expects its sales will grow more slowly than Wall Street anticipated. Abercrombie is expecting sales to rise between 3% and 5% in fiscal 2025, well below estimates of 6.8% […]
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Apple unveils new MacBook Air models with $100 price cut despite tariffs
Apple’s M4 MacBook Air in a marketing photograph. Apple Apple on Wednesday announced new MacBook Air models that update the company’s bestselling laptop with a faster M4 chip and an upgraded videoconferencing camera. The computers also got a $100 price cut in the U.S., despite tariffs by President Donald Trump that took effect on Tuesday […]
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Apple co-founder Steve Wozniak blasts Musk’s DOGE over ‘sledgehammer’ approach to government layoffs
Steve Wozniak, co-founder of the technology company Apple. Thomas Banneyer | Picture Alliance | Getty Images BARCELONA — Apple co-founder Steve Wozniak criticized the “sledgehammer” approach Elon Musk’s Department of Government Efficiency has taken to cut administrative costs and implement mass firings at federal government agencies. The Department of Government Efficiency — or “DOGE,” for […]
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UK drops antitrust probe into Microsoft and OpenAI tie-up
Jaap Arriens | Nurphoto | Getty Images Britain dropped its probe into Microsoft’s partnership with ChatGPT maker OpenAI on Wednesday, saying the software giant did not have the level of control over the AI company that would warrant further investigation. The partnership came under antitrust scrutiny in Britain and the U.S. last year following the […]
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Stocks making the biggest moves premarket: Nvidia, Box, Dollar Tree, Ford and more
Check out the companies making headlines in premarket trading. Nvidia — Shares of the chipmaker rebounded about 2% on Wednesday morning, regaining some lost ground from this week. The stock is down more than 7% so far week to date. CrowdStrike — The cybersecurity firm pulled back more than 7%. CrowdStrike sees full-year revenue in […]
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David’s Bridal taps new CEO as it looks to become media company, build online marketplace
David’s Bridal has tapped a new CEO to lead the company as it looks to transform from a legacy retailer into a bridal media powerhouse nearly two years after emerging from its second bankruptcy. Kelly Cook, the current president of brand, technology and finance, will take over as David’s CEO on April 1 and will […]
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