Day: May 11, 2025
Asia-Pacific markets poised to mostly rise over optimism of de-escalation in U.S.-China trade tensions
The Kannai and Chukagai district at night, the hub of Yokohama’s Chinese district and thriving Chinatown entertainment and business district, full of shops, cafes, and restaurants. Copyright Artem Vorobiev | Moment | Getty Images Asia-Pacific markets are set to mostly rise Monday over optimism that U.S.-China trade tensions could de-escalate following the superpowers’ talks in […]
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Trump poised to accept Qatar jet gift as Air Force One
U.S. President Donald Trump boards Air Force One for travel back to Washington, D.C., at Palm Beach International Airport, in West Palm Beach, Florida, U.S. May 4, 2025. Leah Millis | Reuters President Donald Trump is preparing to accept a luxury jet from the royal family of Qatar, which he will use as Air Force […]
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U.S. trade talks with China were ‘productive,’ Bessent says
U.S. Treasury Secretary Scott Bessent testifies before a House Financial Services Committee hearing entitled “The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System,” on Capitol Hill in Washington, D.C., U.S., May 7, 2025. Nathan Howard | Reuters Treasury Secretary Scott Bessent said Sunday that trade talks with […]
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Iran and the US conclude a 4th round of negotiations over Tehran’s nuclear program in Oman
The flag of Iran is seen in front of the building of the International Atomic Energy Agency (IAEA) Headquarters on May 24, 2021 in Vienna, Austria. Michael Gruber | Getty Images News | Getty Images DUBAI, United Arab Emirates (AP) — Iran and the United States held a fourth round of negotiations Sunday over Tehran’s rapidly […]
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FAA weighs reducing Newark flights after hundreds of disruptions
The FAA Air Traffic Control tower at Newark Liberty International Airport in Newark, New Jersey on May 7, 2025. Kena Betancur | AFP | Getty Images U.S. airlines will meet with the Federal Aviation Administration this week to discuss cutting flights at Newark Liberty International Airport after a series of equipment failures and air traffic […]
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Lutnick says 10% baseline tariff will stick around for “foreseeable future”
U.S. President Donald Trump holds a chart next to U.S. Secretary of Commerce Howard Lutnick as Trump delivers remarks on tariffs in the Rose Garden at the White House in Washington, D.C., on April 2, 2025. Carlos Barria | Reuters Commerce Secretary Howard Lutnick said Sunday that the 10% baseline tariff rate on imports from […]
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Disney, Abu Dhabi and a growing theme park capital at ‘crossroads’ of world
Ferrari World building in Abu Dhabi, United Arab Emirates on December 2nd, 2023. Nurphoto | Nurphoto | Getty Images Disney’s announcement last week that its newest theme park will be in Abu Dhabi offers further confirmation of the status of the United Arab Emirates as a global consumer crossroads located in the Middle East. At the […]
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Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround
A robotic arm fills prescriptions at a Walgreens’ micro-fulfillment center. Courtesy: Walgreens As struggling drugstore chains work to regain their footing, Walgreens is doubling down on automation. The company is expanding the number of retail stores served by its micro-fulfillment centers, which use robots to fill thousands of prescriptions for patients who take medications to […]
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Trump’s trade war is giving renewed importance to advertising Upfronts
Michelle Monaghan, Leslie Bibb, and Carrie Coon in ‘The White Lotus’ on HBO. Courtesy: Fabio Lovino | HBO Media companies are staring down widespread economic uncertainty as their annual pitch to advertisers and marketers kicks off. This week legacy entertainment giants including Comcast’s NBCUniversal, Fox Corp. and Warner Bros. Discovery will stage presentations to ad buyers […]
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Pope Leo XIV appeals to world powers for ‘no more war’ in first Sunday appearance
Pope Leo XIV delivers the Regina Caeli prayer from the main central loggia balcony of St Peter’s basilica in The Vatican, on May 11, 2025. Alberto Pizzoli | Afp | Getty Images Pope Leo XIV appealed to the world’s major powers for “no more war”, in his first Sunday message to crowds in St. Peter’s […]
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