Day: April 22, 2025
Here’s what Elon Musk said about tariffs and their potential effect on Tesla
U.S. President Donald Trump talks to the media, next to Tesla CEO Elon Musk with his son X Æ A-12, at the White House in Washington, D.C., U.S., March 11, 2025. Kevin Lamarque | Reuters Elon Musk said on Tuesday that he doesn’t like high or unpredictable tariffs, but any decision on what happens with […]
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Tesla CEO Musk says time he spends on DOGE will drop ‘significantly’ next month
Elon Musk, CEO of Tesla Inc., in the Oval Office of the White House in Washington, D.C., on Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images Tesla CEO Elon Musk began his company’s earnings call on Tuesday by saying that his time spent running President Donald Trump’s Department of Government Efficiency will drop […]
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Dow futures jump 600 points after Trump says he doesn’t plan to get rid of Fed chief: Live updates
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2025, in New York City. Timothy A. Clary | Afp | Getty Images Stock futures climbed on Tuesday evening after President Donald Trump said he doesn’t plan to remove Federal Reserve Chairman Jerome Powell from […]
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Trump says he has ‘no intention’ of firing Fed Chair Powell
U.S. President Donald Trump speaks at the White House in Washington, D.C., U.S., April 22, 2025. Kevin Lamarque | Reuters President Donald Trump on Tuesday said he has “no intention” of firing Federal Reserve Chair Jerome Powell before his term leading the U.S. central bank ends next year. “None whatsoever,” Trump said in the Oval […]
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Auto groups lobby Trump administration against parts tariffs in rare unified message
Jamell Harris loads raw casting heads to be manufactured at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images DETROIT – Six of the top policy groups representing the U.S. automotive industry are uncharacteristically joining forces to lobby the Trump administration against 25% tariffs on auto parts […]
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How Takeda’s CEO transformed the company into a global pharma powerhouse
Takeda Pharmaceuticals, Japan’s largest drugmaker, has undergone a sweeping transformation under CEO Christophe Weber, emerging as one of the world’s leading pharmaceutical companies. Takeda Pharmaceuticals, Japan’s largest drugmaker, has undergone a sweeping transformation under CEO Christophe Weber, emerging as one of the world’s leading pharmaceutical companies. The company’s $62 billion acquisition of U.K.-based Shire Pharmaceuticals […]
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Stocks making the biggest moves after hours: Tesla, Enphase Energy, Oklo, Bristol Myers Squibb and more
Check out the companies making headlines in extended trading: Tesla — Shares were marginally lower in extended trading after first-quarter results missed analysts’ estimates on the top and bottom lines. The electric vehicle company earned an adjusted 27 cents per share on revenue of $19.34 billion, while analysts polled by LSEG were looking for 39 […]
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FDA to phase out dyes used in Flamin’ Hot Cheetos, Skittles and other snacks
Candy is displayed for sale, as U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr., along with FDA Commissioner Marty Makary, announce the FDA’s intent to remove from the U.S. food supply “petroleum-based synthetic” food dyes, which are present in numerous foods such as breakfast cereals, candy, snacks, and beverages, at a grocery […]
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Sam Altman steps down as Oklo board chair, freeing nuclear startup to work with more AI companies
OpenAI’s Sam Altman is stepping down as chair of the board of nuclear startup Oklo, after bringing the company public through a merger with his special purpose acquisition company, AltC Acquisition Corp., in May 2024. The move gives Oklo, which is developing advanced nuclear reactors, more flexibility to potentially explore partnerships with OpenAI or other […]
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Warner Bros. Discovery starts Max password-sharing crackdown
Jakub Porzycki | Nurphoto | Getty Images Warner Bros. Discovery is taking a page out of Netflix’s playbook. In an apparent move to crack down on password sharing outside the home, the company’s streaming service Max has launched a new feature it is calling Extra Member Add-On. Similar to Netflix’s paid sharing model, the new […]
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