Day: June 4, 2025
Judge blocks Trump administration from deporting family of Colorado attack suspect
A man reads a note placed on a memorial at the scene of an attack that injured multiple people, outside the Boulder County Courthouse, in Boulder, Colorado, U.S. June 2, 2025. Mark Makela | Reuters A federal judge on Wednesday temporarily barred the Trump administration from deporting the wife and five children of Mohamed Soliman, […]
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After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’
Inspiration4 mission commander Jared Isaacman, founder and chief executive officer of Shift4 Payments, stands for a portrait in front of the recovered first stage of a Falcon 9 rocket at Space Exploration Technologies Corp. (SpaceX) on February 2, 2021 in Hawthorne, California. Patrick T. Fallon | Afp | Getty Images Days after his nomination for […]
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Trump administration loses bid to lift bar on Education Department layoffs
A U.S. Department of Education employee leaves the building with their belonging on March 20, 2025 in Washington, DC. Win McNamee | Getty Images The Trump administration on Wednesday lost a bid to lift a federal district court order temporarily barring the U.S. Education Department from laying off about half of its employees. The administration […]
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Court denies Apple appeal in Epic Games case, keeping App Store changes in place
The App Store logo is seen next to the Epic Games Store logo on two screens. Epic, maker of the popular game “Fortnite,” wants to sell digital items in its apps without giving a cut of the purchase price to Apple. Fabian Summer | picture alliance | Getty Images Apple was dealt a blow in […]
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Stocks making the biggest moves after hours: Five Below, MongoDB, Verint Systems and more
Check out the companies making headlines in after-hours trading: Five Below — Shares of the discount retailer added 2.5% on the back of strong first-quarter financial results and second-quarter guidance. Five Below reported adjusted earnings of 86 cents per share on $971 million in revenue, while analysts polled by LSEG called for 82 cents per […]
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Musk whips opposition to Trump tax plan: ‘KILL the BILL’
Tesla CEO Elon Musk attends a cabinet meeting held by U.S. President Donald Trump at the White House in Washington, D.C., on April 30, 2025. Evelyn Hockstein | Reuters Elon Musk on Wednesday ramped up his attacks against the massive tax-cut bill President Donald Trump is pushing Congress to pass, claiming it will condemn America […]
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Amazon’s R&D lab forms new agentic AI group
Amazon CEO Andy Jassy speaks at a company event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon has formed a new group within its consumer product-development arm that is focused on agentic artificial intelligence, the company said Wednesday. The team will be based in Lab126, the stealthy Silicon […]
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Financial stocks seem to be losing momentum and show signs of weakness
One sector that was seen as a potential winner of the Trump administration is starting to cool, even as some of the projected benefits seem to be materializing. Wolfe Research analyst Rob Ginsberg wrote in a note to clients that financials are showing signs of weakness. The group is still outperforming the S & P […]
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Education Department says Columbia University fails to meet accreditation standards
Students are seen on the campus of Columbia University on April 14, 2025, in New York City. Charly Triballeau | Afp | Getty Images The U.S. Education Department said Wednesday that Columbia University has failed to meet the standards for accreditation because it “is in violation of federal antidiscrimination laws” for allegedly tolerating harassment of […]
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Uber adds Palo Alto CEO Nikesh Arora to its board after executive shakeup
Nikesh Arora, CEO of Palo Alto Networks, appears on CNBC’s “Squawk Box” at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Nikesh Arora, the CEO of Palo Alto Networks, is joining Uber‘s board of directors, the company announced in a regulatory filing Wednesday. It comes amid a broader […]
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