Month: May 2025
Trump nomination of Ed Martin for top D.C. federal prosecutor opposed by key Republican
Sen. Thom Tillis, R-N.C., speaks to reporters as he leaves the Senate floor in the U.S. Capitol on Thursday, March 13, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images A key Republican senator on Tuesday said he would not support the controversial nomination of Ed Martin, President Donald Trump’s pick to be the […]
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Stocks making the biggest moves midday: Palantir, Tesla, DoorDash, Ford and more
Check out the companies making headlines in midday trading. Palantir — Shares tumbled 13.4%. Palantir posted $884 million in first-quarter revenue , while analysts polled by LSEG penciled in $863 million. However, earnings per share came in line with Wall Street expectations at 13 cents. Ford Motor – The automaker advanced 3.2% on better-than-expected first-quarter […]
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Trump belittles Canada before Carney meeting: ‘We don’t need ANYTHING they have’
President Donald Trump on Tuesday sharply questioned the United States’ trade relationship with Canada just minutes before he was scheduled to meet Canadian Prime Minister Mark Carney at the White House. Trump said on Truth Social that he was looking forward to meeting and working with Carney, but that he “cannot understand” why the U.S. […]
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Comcast’s Xfinity Mobile takes over naming rights of Philadelphia arena
Igor Golovniov | Lightrocket | Getty Images The Philadelphia home of the NBA’s 76ers and NHL’s Flyers is getting a new name. Beginning in September the sports and entertainment venue in South Philadelphia will be named the Xfinity Mobile Arena, rebranding from the current Wells Fargo Center. The new name will remain through the 2030-2031 […]
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UK and India strike a trade deal amid U.S.-led tariff tensions
RIO DE JANEIRO, BRAZIL – NOVEMBER 18: UK Prime Minister Sir Keir Starmer (L) during a bilateral meeting with Prime Minister of India Narendra Modi as he attends the G20 summit at the Museum of Modern Art on November 18, 2024 in Rio de Janeiro, Brazil. Keir Starmer is attending his first G20 Summit since […]
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Major universities sue to block Trump cuts to NSF research funding
A man walks through Killian Court at MIT in Cambridge. REUTERS/Brian Snyder Major U.S. universities have filed a lawsuit seeking to block President Donald Trump’s administration from carrying out steep cuts to federal research funding provided to academic institutions by the National Science Foundation. The lawsuit was filed late on Monday in federal court in […]
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Taiwan dollar eases after historic surge as officials deny currency talks with U.S.
Workers at a wet market count and return New Taiwan Dollar notes to customers, as Taiwan is expected to show positive GDP and economic growth, amid the covid-19 pandemic, in Taipei, Taiwan, 15 Aug 2021. Ceng Shou Yi | NurPhoto | Getty Images Taiwanese dollar pulled back Tuesday after a historic surge that saw it […]
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Germany’s Merz elected chancellor in second parliamentary vote after unexpected setback
The leader of Germany’s Christian Democratic Union (CDU) and designated chancellor Friedrich Merz looks on during a session at the Bundestag (lower house of parliament) in Berlin on May 6, 2025 before a vote to elect the country’s next chancellor. Tobias Schwarz | Afp | Getty Images Friedrich Merz was elected as Germany’s chancellor in […]
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Palantir falls 12% as analysts raise international growth concerns
Palantir co-founder and CEO Alex Karp speaks during the Hill & Valley Forum at the US Capitol Visitor Center Auditorium in Washington, DC, on April 30, 2025. Brendan Smialowski | Afp | Getty Images Palantir shares dropped more than 10% Tuesday even after the data analytics and artificial intelligence software company showed ongoing revenue growth […]
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Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit
The Ferrari brand logo, the coat of arms with the lettering and a rising horse (cavallino rampante), can be seen on the rim of a vehicle from the sports car manufacturer in Munich (Bavaria) on April 6, 2025. Picture Alliance | Picture Alliance | Getty Images Luxury carmaker Ferrari on Tuesday reported a significant upswing […]
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