Year: 2025
Aerospace firms brace for protectionism under Trump, Airbus CEO says
An Airbus A321 XLR aircraft, with CFM LEAP engine, is pictured on the opening day of the Farnborough International Airshow 2024, south west of London, on July 22, 2024. Justin Tallis | AFP | Getty Images European aerospace companies are bracing for “very strong” protectionism in the United States under the administration of President-elect Donald […]
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Los Angeles wildfires could be costliest blaze in U.S. history
A U.S. flag flutters amid the remains of burnt buildings as powerful winds fueling devastating wildfires in the Los Angeles area force people to evacuate, in the Pacific Palisades neighborhood of west Los Angeles, California, U.S. Jan. 8, 2025. Mike Blake | Reuters The wildfires wreaking devastation in the Los Angeles area could become the […]
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Venezuela opposition leader Machado arrested, local media says, citing staffer
Venezuelan opposition leader Maria Corina Machado waves a national flag during a protest called by the opposition on the eve of the presidential inauguration, in Caracas on January 9, 2025. Juan Barreto | Afp | Getty Images Venezuela opposition leader Maria Corina Machado has been arrested, internet broadcaster VPI TV said on Thursday, citing opposition […]
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Fed Governor Bowman says December interest rate cut should be the last
Key Points Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but said the December reduction should be the “final step” in the easing process. Even with the full percentage points of cuts from September through December, there are still “upside risks to inflation,” she added. Other Fed speakers this […]
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Los Angeles wildfires latest: Nearly 180,000 people under evacuation orders, county sheriff says
Oscar nominations delayed amid wildfires Preparations continue along Hollywood Blvd for the 96th Academy Awards Awards in Los Angeles, California U.S., March 8, 2024. Mike Blake | Reuters The Academy of Motion Picture Arts and Sciences has delayed the nomination voting period for the 97th Oscars Ceremony by two days. The delay will push the […]
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Elon Musk promotes far-right Alternative for Germany candidate, hosts discussion on X
Alice Weidel, co-leader of the far-right Alternative for Germany (AfD) political party, arrives to speak to the media with AfD co-leader Tino Chrupalla shortly after the AfD leadership confirmed Weidel as the party’s candidate for chancellor on December 07, 2024 in Berlin, Germany. Maryam Majd | Getty Images Elon Musk used his social network X […]
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Photos show former President Jimmy Carter’s state funeral
A picture of U.S. President Jimmy Carter is seen as members of the public sign a condolence book in the U.S. Capitol Visitor Center on Jan. 8, 2025 in Washington, DC. Kevin Dietsch | Getty Images American politicians, foreign dignitaries and family members honored former President Jimmy Carter at a state funeral held Thursday at […]
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Gold is poised for a new bullish phase, according to the charts. Here are the levels to watch
While most investors were focused on the solid uptrends of the S & P 500 and Nasdaq in 2024, it’s worth remembering that gold pretty much matched the performance of the equity benchmarks through the course of the year. With stocks facing renewed headwinds in the new year, gold just may be the way to […]
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Microsoft contributes $1 million to Trump’s inauguration fund
President Donald Trump shakes hands with Microsoft CEO Satya Nadella during an American Technology Council roundtable at the White House in Washington on June 19, 2017. Nicholas Kamm | AFP | Getty Images Microsoft said Thursday that it’s contributing $1 million to President-elect Donald Trump’s inauguration fund. The software maker is now more closely aligned […]
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Ubisoft appoints advisors to explore strategic options after report on potential buyout
Artwork for Ubisoft’s upcoming “Assassin’s Creed Shadows” game. John Keeble | Getty Images French video game publisher Ubisoft said Thursday it’s appointing advisors to review and pursue strategic options after a report last year suggested that its majority backers were considering a buyout. Ubisoft said in a strategic update that “leading advisors” had been hired […]
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