Month: May 2025
Pandora warns U.S. tariffs will spark sweeping jewelry price increases
A charm bracelet on display in a Pandora store in Copenhagen, Denmark. Bloomberg | Getty Images Danish jewelry brand Pandora has warned of significant price increases across the affordable jewelry industry if U.S. President Donald Trump’s proposed tariff hikes come into play following the White House’s 90-day pause on the levies announced in April. CEO […]
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Disney announces an Abu Dhabi theme park and resort
A new Disney theme park is coming to Abu Dhabi. The Walt Disney company announced Wednesday that it has reached an agreement with immersive destination and experiences company Miral to bring a park and resort to Yas Island in the United Arab Emirates. This will be Disney’s seventh theme park resort and it will be fully […]
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Stocks making the biggest moves premarket: Disney, Super Micro, Novo Nordisk, Uber and more
Check out the companies making headlines in premarket trading. Disney — Shares of the media and entertainment company advanced more than 7% after surpassing Wall Street’s second-quarter estimates. Disney reported adjusted earnings per share of $1.45 on revenue of $23.62 billion, while analysts polled by LSEG were looking for $1.20 per share and $23.14 billion, […]
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Uber misses revenue expectations with trips up 18% over last year
Dara Khosrowshahi, CEO of Uber attends the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 23, 2025. Yves Herman | Reuters Uber reported first-quarter results Wednesday that beat analysts’ expectations for earnings, but fell shy of anticipated revenue growth for the quarter. Shares fell about 5% following the report. Here’s how Uber did versus […]
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Germany finally has a leader. Now comes the hard part for Friedrich Merz
Friedrich Merz, Germany’s chancellor, takes the chancellor’s seat, after swearing an oath, at the Bundestag in Berlin, Germany, on Tuesday, May 6, 2025. Krisztian Bocsi | Bloomberg | Getty Images After some dramatics, and around 10 weeks after the German election, Europe’s largest economy finally has a leader: Friedrich Merz. His ascension didn’t come easy […]
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Former FAA Acting Administrator: Our air traffic control system is safe, but needs modernizing
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Billy Nolen, Archer Aviation chief safety officer and former FAA Acting Administrator, joins ‘Squawk Box’ to discuss the ongoing air traffic chaos at Newark Liberty International Airport, state of the aging U.S. aviation infrastructure and staffing shortages, what’s needed to modernize the […]
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Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed
Key Points Banks quickly raised interest rates to record levels and added new monthly fees on credit cards last year when a Consumer Financial Protection Bureau rule threatened a key revenue source for the industry. Now they’re far more reluctant to reverse those steps, even after bank trade groups succeeded in killing the CFPB rule […]
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European markets edge lower as corporate earnings remain in focus; Novo Nordisk jumps 4%
German factory orders jumped more than expected in March ERGOLDING, GERMANY – OCTOBER 25: An employee during the final check while Bavarian Minister of State Florian Herrmann attends the opening of the new electric car motor housing production line at the BMW Landshut factory on October 25, 2024 in Ergolding, Germany. Analysts are predicting a […]
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Trump tariffs and export curbs on China cast a cloud over major chip stocks
Illustration of the China and U.S. flag on a central processing unit. Blackdovfx | Istock | Getty Images Uncertainty — that was the theme during earnings season for the world’s biggest semiconductor firms which are unclear on demand for their products as a result of changing U.S. tariff policy and export restrictions that have been […]
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Why Indian markets are undeterred by strikes against Pakistan
Pakistani soldiers take security measures around the city as the people panic during blackout after India launches strikes on Pakistan, in Muzaffarabad, Pakistan on May 7, 2025. Anadolu | Anadolu | Getty Images Investors are sticking with the India story, with optimism on its growth prospects dwarfing geopolitical fears. Indian markets shrugged off the latest […]
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