Year: 2025
Apple unveils new MacBook Air models with $100 price cut despite tariffs
Apple’s M4 MacBook Air in a marketing photograph. Apple Apple on Wednesday announced new MacBook Air models that update the company’s bestselling laptop with a faster M4 chip and an upgraded videoconferencing camera. The computers also got a $100 price cut in the U.S., despite tariffs by President Donald Trump that took effect on Tuesday […]
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Apple co-founder Steve Wozniak blasts Musk’s DOGE over ‘sledgehammer’ approach to government layoffs
Steve Wozniak, co-founder of the technology company Apple. Thomas Banneyer | Picture Alliance | Getty Images BARCELONA — Apple co-founder Steve Wozniak criticized the “sledgehammer” approach Elon Musk’s Department of Government Efficiency has taken to cut administrative costs and implement mass firings at federal government agencies. The Department of Government Efficiency — or “DOGE,” for […]
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UK drops antitrust probe into Microsoft and OpenAI tie-up
Jaap Arriens | Nurphoto | Getty Images Britain dropped its probe into Microsoft’s partnership with ChatGPT maker OpenAI on Wednesday, saying the software giant did not have the level of control over the AI company that would warrant further investigation. The partnership came under antitrust scrutiny in Britain and the U.S. last year following the […]
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Stocks making the biggest moves premarket: Nvidia, Box, Dollar Tree, Ford and more
Check out the companies making headlines in premarket trading. Nvidia — Shares of the chipmaker rebounded about 2% on Wednesday morning, regaining some lost ground from this week. The stock is down more than 7% so far week to date. CrowdStrike — The cybersecurity firm pulled back more than 7%. CrowdStrike sees full-year revenue in […]
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David’s Bridal taps new CEO as it looks to become media company, build online marketplace
David’s Bridal has tapped a new CEO to lead the company as it looks to transform from a legacy retailer into a bridal media powerhouse nearly two years after emerging from its second bankruptcy. Kelly Cook, the current president of brand, technology and finance, will take over as David’s CEO on April 1 and will […]
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European Central Bank to make ‘last easy rate cut’ as tariffs, higher fiscal spending loom
The European Central Bank is expected to cut interest rates for the second time this year at its Thursday meeting, but disagreement among policymakers may be set to increase amid tariff uncertainty and a potential ramp-up in regional defense spending. Markets had on Wednesday fully priced in a quarter-point rate cut for the March meeting, […]
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U.S. Olympic committee announces $100 million grant to fund athletes into their future
USA’s delegation sail in a boat along the river Seine during the opening ceremony of the Paris 2024 Olympic Games in Paris on July 26, 2024. Zhao Dingzhe | Afp | Getty Images The United States Olympic and Paralympic Committee on Wednesday announced a $100 million grant to provide long-term financial support for future Olympic […]
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Weekly mortgage demand surges 20% higher, after interest rates drop to the lowest since last year
Ryan Ratliff, center, real estate sales associate with Re/Max Advance Realty, shows Ryan Paredes, left, and Ariadna Paredes a home for sale in Cutler Bay, Florida, on April 20, 2023. Joe Raedle | Getty Images A sharp drop in mortgage interest rates finally lit a fire under loan demand. Both current homeowners and potential homebuyers […]
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Canada requests WTO consultations with U.S. over ‘unjustified tariffs’, says ambassador
Canada’s Prime Minister Justin Trudeau speaks during a news conference about the US tariffs against Canada on March 4, 2025 on Parliament Hill in Ottawa, as Foreign Minister Melanie Joly (L) and Minister of Finance and Intergovernmental Affairs Dominic Leblanc look on. Dave Chan | Afp | Getty Images Canada has requested consultations with the […]
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Foot Locker results show the sneaker industry — and Nike — still have more pain ahead
Foot Locker said Wednesday it expects another year of deep discounts in the sneaker industry as its largest brand partner Nike continues its reset and relies on markdowns to clear through stale inventory. The footwear giant delivered mix results for its holiday quarter, beating Wall Street’s expectations on earnings but falling short on sales. In […]
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