Day: April 28, 2025
Trump to reduce impact of auto tariffs, officials say
Vehicles are seen for sale at a GMC dealership in Houston, Texas, on April 7, 2025. Ronaldo Schemidt | Afp | Getty Images President Donald Trump’s administration will move to reduce the impact of his automotive tariffs on Tuesday by alleviating some duties placed on foreign parts in domestically manufactured cars and keeping tariffs on cars made abroad from stacking on top of other ones, officials said. […]
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Amazon launches first Kuiper internet satellites in bid to take on Elon Musk’s Starlink
A United Launch Alliance Atlas V rocket is on the launch pad carrying Amazon’s Project Kuiper internet network satellites, which are expected to eventually rival Elon Musk’s Starlink system, at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, U.S., April 9, 2025. Steve Nesius | Reuters Amazon on Monday launched the first batch […]
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S&P 500 futures are little changed after broad index notches fifth straight winning day: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 24, 2025. Brendan McDermid | Reuters S&P 500 futures were near the flatline on Monday night, after the fifth straight winning session for the benchmark, as investors awaited more earnings reports. Futures tied to the broad index […]
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Man accused of stealing from Homeland Sec. Noem hit with federal charges in three robberies
Kristi Noem, Homeland Security Secretary, during a meeting with US President Donald Trump and Nayib Bukele, El Salvador’s president, in the Oval Office of the White House in Washington, DC, US, on Monday, April 14, 2025. Al Drago | The Washington Post | Getty Images A man accused of stealing the purse of Homeland Security […]
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Fund manager owns just one Mag 7 stock after dumping Meta stake: ‘You have to pick the stock you really believe in’
Nvidia is in — and Meta is out. That’s according to Stephen Yiu, co-founder and lead fund manager of London’s Blue Whale Growth Fund. The fund held 29 stocks as of the end of March this year, with top holdings including Apollo , Nvidia, Broadcom and TSMC , and more than a third of its […]
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Oracle engineers caused days-long software outage at U.S. hospitals
Larry Ellison, co-founder and executive chairman of Oracle Corp., speaks during the Oracle OpenWorld 2018 conference in San Francisco, California, U.S., on Monday, Oct. 22, 2018. David Paul Morris | Bloomberg | Getty Images Oracle engineers mistakenly triggered a five-day software outage at a number of Community Health Systems hospitals, causing the facilities to temporarily […]
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Trump administration targets Harvard Law Review with race-based discrimination investigation
People walk through Harvard Yard on the Harvard University campus in Cambridge, Massachussetts, on April 15, 2025. Joseph Prezioso | AFP | Getty Images The Trump administration on Monday announced the opening of two investigations into Harvard University and the Harvard Law Review after reports that the prestigious legal journal was selecting articles for publication […]
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China insists no tariff talks underway with Trump and Xi or top aides, despite U.S. claims
U.S. President Donald Trump answers reporters’ questions after exiting Marine One at the White House in Washington, D.C., on April 27, 2025. Ken Cedeno | Reuters China on Monday once again denied that it is in talks to resolve its tariff war with the U.S., after a series of statements by President Donald Trump and […]
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NXP Semi shares sink on tariff concerns, CEO Kurt Sievers to step down
Kurt Sievers, CEO of NXP Semiconductors, during the Federation of German Industries conference in Berlin, Germany, on June 19, 2023. Liesa Johannssen-Koppitz | Bloomberg | Getty Images NXP Semiconductors fell about 7% on Monday after the chip company announced CEO Kurt Sievers would step down and released first-quarter earnings for fiscal 2025. Sievers will retire […]
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Stocks making the biggest moves after hours: Leggett & Platt, NXP Semiconductors, Cadence Design Systems and more
Check out the companies making headlines in extended trading. Leggett & Platt — The manufacturer of bedding products surged about 17% after reaffirming full-year guidance. Management said the company should benefit overall from President Donald Trump’s tariff plans, but cautioned that the levies can hurt consumer confidence and discretionary demand for products, while also pushing […]
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