World
Europe must make concessions to Trump in trade talks, LVMH’s Arnault says
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, speaks during the annual shareholders meeting of LVMH Moet Hennessy Louis Vuitton in Paris, France, April 17, 2025. Gonzalo Fuentes | Reuters The European Union must soften its stance toward U.S. President Donald Trump’s trade demands and negotiate a deal to avoid tariffs and protect European jobs, LVMH CEO and […]
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Trump administration formally accepts gift jet from Qatar
A Boeing 747 sits on the tarmac of Palm Beach International Airport after President Donald Trump toured the aircraft, Feb. 15, 2025. Roberto Schmidt | Afp | Getty Images The Trump administration has formally accepted a Boeing 747 jet that was gifted to the U.S. by the government of Qatar, the Pentagon said Wednesday. Defense […]
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OpenAI is buying iPhone designer Jony Ive’s AI devices startup for $6.4 billion
OpenAI Chief Executive Officer Sam Altman appears on screen during a talk with Microsoft Chairman and Chief Executive Officer Satya Nadella at the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images OpenAI said on Wednesday that it’s buying Jony Ive’s AI devices startup io for […]
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These stocks could be key players in Trump’s ‘Golden Dome’ project
President Donald Trump’s plans for a ” Golden Dome ” missile defense system could be a catalyst for a handful of stocks. On Tuesday, Trump unveiled details of the defense system. He forecast that the project would be complete before the end of his term and estimated that the total cost of the project would […]
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Trump tax bill faces fresh hurdles, with holdouts invited to White House last-minute
WASHINGTON — House Republican leaders faced a last-minute revolt Wednesday by members of the party’s hardline conservative faction, who opposed their latest attempt to win support from moderate members of the conference for President Donald Trump’s “big, beautiful” tax bill. As a pivotal meeting of the House Rules Committee entered its twelfth hour after starting […]
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Microsoft says 394,000 Windows computers infected by Lumma malware globally
Windows 11 operating system logo is displayed on a laptop screen for illustration photo. Beata Zawrzel | Nurphoto | Getty Images Microsoft said Wednesday that it broke down the Lumma Stealer malware project with the help of law enforcement officials across the globe. The tech giant said in a blog post that its digital crimes […]
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Bitcoin jumps to new all-time high, surpassing prior record in January
Jonathan Raa | Nurphoto | Getty Images Bitcoin rose to a new all-time high on Wednesday, breaking its January record. The price of the flagship cryptocurrency was last higher by 2% at $108,955.10, according to Coin Metrics. Earlier, it rose as high as $109,500. “Bitcoin’s new high has been concocted by an array of favorable […]
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A ‘fundamental regime shift’ could be underway as investors rethink U.S. assets, ECB says
Luis de Guindos, vice president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday, Jan. 30, 2025. Alex Kraus/Bloomberg via Getty Images The European Central Bank on Wednesday said a “fundamental regime change” could be underway in financial markets as investors appear to be reassessing how risky […]
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Xpeng shares rise, adding to 66% rally after the Chinese EV maker’s losses narrowed
An Xpeng booth at the 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty Images Xpeng shares jumped as much as 6% in premarket trading in New York, after the Chinese electric vehicle upstart reported first quarter earnings that were ahead of expectations. The […]
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M&S cyberattack to wipe out nearly one-third of annual profits
A Marks & Spencer Group Plc (M&S) store in Kingston-upon-Thames, UK. Bloomberg | Getty Images British retailer Marks & Spencer said Wednesday that a recent cyberattack, which left food shelves bare and brought online sales to a standstill, will wipe out almost one-third in its annual profits. The company, known for its clothing, homeware and […]
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