Month: May 2025
Mercedes-Benz to add new vehicle to Alabama plant amid Trump tariffs
An employee installs parts on the undercarriage of a Mercedes-Benz GLS-Class SUV at the Mercedes-Benz U.S. International factory in Vance, Alabama, on June 8, 2017. Andrew Caballero-Reynolds | AFP | Getty Images Mercedes-Benz on Thursday said it will add a new vehicle to its plant in Alabama amid President Donald Trump’s auto tariffs. The German […]
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Dow rallies 200 points to kick off May as Microsoft, Meta rekindle AI trade: Live updates
Traders work on the floor of the New York Stock Exchange on May 1, 2025. NYSE Stocks rose on Thursday after strong quarterly results from two Big Tech players eased concerns that artificial intelligence progress would slow amid economic turmoil. The Dow Jones Industrial Average climbed 210 points, or 0.5%. The S&P 500 traded up […]
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Trump national security advisor Mike Waltz expected to leave post after Signal scandal
National Security Advisor Michael Waltz looks at his phone as he prepares for a TV interview at the White House on May 01, 2025 in Washington, DC. This week marks the first 100 days of U.S. President Donald Trump’s second term. Andrew Harnik | Getty Images News | Getty Images National Security Advisor Mike Waltz […]
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Microsoft raises prices of Xbox video game consoles due to ‘market conditions’
Microsoft CEO Satya Nadella speaks during an event celebrating the 50th Anniversary of Microsoft in Redmond, Washington, on April 4, 2025. Stephen Brashear | Getty Images News | Getty Images Microsoft said Thursday that it has increased the recommended retail prices of its Xbox video game consoles and some controllers globally due to “market conditions.” […]
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Amazon is stepping up to fill a gap in Hollywood’s movie slate
Cast of the Amazon MGM Studios CinemaCon 2025 seen at the Amazon MGM Studios CinemaCon 2025 presentation at The Colosseum at Caesars Palace on April 02, 2025 in Las Vegas, Nevada. Stewart Cook | Getty Images Entertainment | Getty Images Tech is saving Hollywood — though not in the way you might think. Back in […]
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South Korea presidential race rocked by court ruling, resignations
South Korea’s Finance Minister Choi Sang-mok attends a joint press conference on South Korea’s post impeachment situation in Seoul on December 18, 2024. (Photo by Jung Yeon-je / AFP) (Photo by JUNG YEON-JE/AFP via Getty Images) Jung Yeon-je | Afp | Getty Images South Korea’s top court cast doubt on Thursday on frontrunner Lee Jae-myung’s […]
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Nvidia says Anthropic is telling ‘tall tales’ in its defense of U.S. AI chip restrictions on China
U.S. President Donald Trump (L) listens as Nvidia CEO Jensen Huang speaks in the Cross Hall of the White House during an event on “Investing in America” on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images Nvidia blasted Anthropic Thursday in a rare public clash over artificial intelligence policy with U.S. chip […]
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Musk says ‘eyebrow-raiser’ $2.5 billion Fed building expansion should be subject to scrutiny
Key Points As he exits his efforts to curtail wasteful government spending, Elon Musk tis taking one last shot, calling into question the $2.5 billion Federal Reserve building renovation. Musk’s DOGE claims to have saved taxpayers $160 billion during its short operating life looking through the government’s books. Source
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L3 Harris tapped to modify Qatari jet as potential new Air Force One after years of Boeing delays
First Lady Melania Trump laughs as she watches US President Donald Trump cut with a saber into a cake representation of the new Air Force One design during the Commander-In-Chief inaugural ball at the Walter E. Washington Convention Center in Washington, DC, on Jan. 20, 2025. Patrick T. Fallon | AFP | Getty Images The […]
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UK stocks choppy amid best run in 8 years; Novo Nordisk jumps 5%
The morning after US President Trump’s announcement of European and worldwide trade tariffs, which included a 10% levy for imported goods from the UK, shoppers spend on Oxford Street beneath union jack flags in London’s West End, on 3rd April 2025, in London, England. Richard Baker | In Pictures | Getty Images LONDON — The […]
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