Breaking News: Business
Businesses are finding a workaround for tariffs — and it’s entirely legal
The rail-mounted crane transports goods at the cargo yard of the Qianwan United Container Terminal of Qingdao Port in Qingdao City, Shandong Province, China. Nurphoto | Getty Images Businesses are finding a workaround to minimize the most significant hit from tariffs, using a decades-old piece of legislation known as the “first sale rule.” Within U.S. […]
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How On is taking on Nike and Adidas in the sneaker race
Swiss brand On is quickly emerging as a global challenger in the sportswear market. The company, which sells premium-priced athletic shoes and apparel, reported net sales for the three-month period ended March 31 rose over 40% to 726.6 million Swiss francs (US$869 million) compared with the year prior. Analysts say the brand has been able […]
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Defense Secretary Hegseth, bedeviled by leaks, orders more restrictions on press at Pentagon
Secretary of Defense Pete Hegseth attends a Cabinet meeting at the White House on April 10, 2025 in Washington, DC. President Trump convened a Cabinet meeting a day after announcing a 90-day pause on ‘reciprocal’ tariffs, with the exception of China. Anna Moneymaker | Getty Images Bedeviled by leaks to the media during his short […]
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United Airlines reaches ‘industry-leading’ labor deal with flight attendants, union says
United Airline flight attendants picketed outside Terminal B at Logan Airport Thursday morning seeking a new contract. John Tlumacki | Boston Globe | Getty Images United Airlines reached an “industry-leading” tentative labor deal for its 28,000 flight attendants, their union said Friday. The deal includes “40% of total economic improvements” in the first year and […]
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Anthropic adds Claude 4 security measures to limit risk of users developing weapons
Omar Marques | Lightrocket | Getty Images Anthropic on Thursday said it activated a tighter artificial intelligence control for Claude Opus 4, its latest AI model. The new AI Safety Level 3 (ASL-3) controls are to “limit the risk of Claude being misused specifically for the development or acquisition of chemical, biological, radiological, and nuclear […]
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Boeing, Justice Department reach deal to avoid prosecution over deadly 737 Max crashes
Ethiopian Federal policemen stand at the scene of the Ethiopian Airlines Flight ET 302 plane crash, near the town of Bishoftu, southeast of Addis Ababa, Ethiopia March 11, 2019. Tiksa Negeri | Reuters The U.S. Justice Department said Friday that it has reached a deal with Boeing to avoid prosecution over two crashes of the […]
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Intuit shares pop 9% on earnings beat, rosy guidance
Shares of Intuit popped about 9% on Friday, a day after the company reported quarterly results that beat analysts’ estimates and issued rosy guidance for the full year. Intuit, which is best known for its TurboTax and QuickBooks software, said revenue in the fiscal third quarter increased 15% to $7.8 billion. Net income rose 18% to […]
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How Nashville transformed from Music City into a booming business hub
Nashville, Tennessee, has transformed from its reputation as “Music City” into a major U.S. metro thanks to rapid population growth, job opportunities in key industries like healthcare and tech and a good quality of life. It’s now become one of the fastest-growing U.S. cities, boasting a diverse community and a competitive economy. “It’s not […]
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American Airlines CFO says some travelers are avoiding Newark airport
The FAA Air Traffic Control tower at Newark Liberty International Airport in Newark, New Jersey on May 7, 2025. Kena Betancur | AFP | Getty Images American Airlines chief financial officer said Thursday that some travelers are avoiding Newark Liberty International Airport for other options in the area after a spate of recent disruptions, but […]
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Ray Dalio says to fear the bond market as deficit becomes critical
Ray Dalio, founder of Bridgewater Associates LP, speaks during the Greenwich Economic Forum in Greenwich, Connecticut, US, on Tuesday, Oct. 3, 2023. Bloomberg | Bloomberg | Getty Images Billionaire investor Ray Dalio on Thursday sounded another alarm on soaring U.S. debt and deficits, saying it should make investors fearful of the government bond market. “I think […]
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