Month: May 2025
Trump hails ‘positive’ step in U.S.-EU trade negotiations as markets hope for a deal
U.S. President Donald Trump gives a speech, during the commencement ceremony at West Point Military Academy in West Point, New York, U.S., May 24, 2025. Nathan Howard | Reuters U.S. President Donald Trump said Tuesday he was monitoring “positive” steps in trade talks with the European Union, after he agreed to delay a 50% tariff on […]
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Trump advisor Hassett says ‘we don’t want to harm’ Apple with iPhone tariffs
White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | Reuters National Economic Council Director Kevin Hassett said Tuesday that the Trump administration does not want to “harm Apple” with tariffs. “Everybody is trying to make it seem like it’s a catastrophe if there’s […]
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Ambience announces OpenAI-powered medical coding model that outperforms physicians
Dr. Priti Patel, CMIO at John Muir Health, uses Ambience before starting a patient encounter. Courtesy of Ambience Healthcare Artificial intelligence startup Ambience Healthcare on Tuesday announced a new medical coding model that outperforms doctors by 27%. Ambience uses AI to draft clinical notes in real-time as doctors consensually record their visits with patients. The […]
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NPR sues Trump over executive order cutting federal funding
The National Public Radio (NPR) headquarters in Washington, DC, US, on Monday, May 5, 2025. Stefani Reynolds | Bloomberg | Getty Images National Public Radio on Tuesday sued President Donald Trump over his executive order to cease all federal funding for the nonprofit broadcaster. Trump’s May 1 order violates the First Amendment’s protections for speech […]
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JPMorgan Chase is heading upmarket to woo America’s millionaires
A living space in the new J.P. Morgan financial center branch format in Palm Beach. Courtesy: JP Morgan JPMorgan Chase thinks it has cracked the code on managing more money for America’s millionaires. It’s not a new financial product, a novel software program or an enticing sign-up bonus. Instead, it’s a refurbished take on an […]
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Trump administration moves to cut rest of Harvard contracts with federal government
Yu-Hsuan Lin, 27, lays out a Harvard hat, mug, hoodie and her admission letter to Harvard University on a table in Taipei, Taiwan May 24, 2025. Ann Wang | Reuters The Trump administration moved Tuesday to terminate all remaining federal government contracts with Harvard University, which are worth a reported $100 million, escalating an already […]
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Salesforce to acquire data management company Informatica in $8 billion deal
Salesforce Inc. signage during the Singapore FinTech Festival in Singapore, on Thursday, Nov. 3, 2022. Bloomberg | Bloomberg | Getty Images Salesforce announced Tuesday that it’s buying cloud data management firm Informatica in an $8 billion deal to bolster the enterprise software giant’s push into artificial intelligence. Shares of Salesforce were up about 1% in […]
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Stocks making the biggest moves premarket: Tesla, Informatica, Newmont, CoreWeave and more
Check out the companies making headlines before the bell. Newmont — The gold miner’s stock shed 2% alongside the decline in the precious metal’s price. Spot gold, considered a safe haven, was down 1.5% after President Donald Trump delayed tariffs on the European Union. Tesla — Shares of the electric vehicle maker rose more than […]
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Why Europe is pivoting back to nuclear — one of its most divisive energy sources
The Cofrentes nuclear power plant, on 17 October, 2024 in Valencia, Valencian Community, Spain. Europa Press News | Europa Press | Getty Images A European-wide shift to nuclear power appears to be gathering momentum as countries hedge their bets in pursuit of more energy independence. In just the last few weeks, Denmark announced plans to […]
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Fed Chair Jerome Powell says the biggest career mistake grads can make is avoiding risks
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, D.C., U.S., May 7, 2025. Kevin Lamarque | Reuters Federal Reserve Chairman Jerome Powell shared one of the biggest career mistakes with Princeton graduates and said taking risks […]
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