Business
Trump’s trade war to weigh on markets again next week as investors struggle to move on
President Donald Trump’s latest tariff threat once again highlighted the challenge for investors eager to move on from a global trade war that can reassert itself at any moment. Stocks dropped Friday , after Trump in a Truth Social post said he would slap a 50% tariff on the European Union starting June 1, while […]
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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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Stocks making the biggest moves premarket: Apple, Tesla, Intuit, Ross Stores and more
Check out the companies making headlines before the bell: Apple — The tech giant saw shares fall 3.5% in premarket trading after President Donald Trump said in a social media post that Apple will have to pay a tariff of 25% or more for iPhones made outside the U.S. Nuclear stocks — Stocks tied to […]
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Why Trump’s iPhone tariff threat might not be enough to bring production to the U.S.
FILE PHOTO: Apple CEO Tim Cook escorts U.S. President Donald Trump as he tours Apple’s Mac Pro manufacturing plant with in Austin, Texas, U.S., November 20, 2019. Tom Brenner | Reuters The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone. Last week, […]
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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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Bye-bye buybacks? Big Oil’s record-breaking shareholder payouts are under threat
Oil prices held near two-week highs in early trading on Wednesday, supported by an agreement between the U.S. and China to temporarily lower their reciprocal tariffs and a falling U.S. dollar. Imaginima | E+ | Getty Images A protracted slump in crude prices has ramped up the pressure on Big Oil’s commitment to allocate cash […]
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Disney seeks to stop YouTube from hiring veteran to oversee sports and media
Disney logo is seen on the store in Rome, Italy on May 10, 2025. Nurphoto | Nurphoto | Getty Images Walt Disney seeks to stop Alphabet’s YouTube, which announced Thursday that it has appointed long-time executive Justin Connolly as its global head of media and sports. Disney filed a lawsuit against YouTube in a state court in Los Angeles late Wednesday to stop the appointment, alleging breach of contract, […]
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Insurers brace for impact as NOAA predicts above-average hurricane season
John Cangialosi, Senior Hurricane Specialist at the National Hurricane Center, inspects a satellite image of Hurricane Beryl, the first hurricane of the 2024 season, at the National Hurricane Center on July 1, 2024 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Government scientists on Thursday released a forecast for the 2025 […]
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Stocks making the biggest moves after hours: Intuit, Workday, Ross Stores, Deckers and more
Check out the companies making headlines in extended trading. Ross Stores — Shares pulled back more than 11%. Ross withdrew its earlier full-year guidance . The off-price retailer said that it expects second-quarter earnings to range from $1.40 to $1.55 per share, while analysts polled by LSEG sought $1.65 per share. Ross also said that […]
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Intuit tops Wall Street estimates after tax season, issues strong guidance
Tiffany Hagler-Geard | Bloomberg | Getty Images Intuit on Thursday reported quarterly results that beat analysts’ estimates and issued stronger-than -expected guidance for the full year. The stock rose about 4% in extended trading. Here’s how the company did compared to analysts’ estimates compiled by LSEG: Earnings per share: $11.65 adjusted vs. $10.91 expected Revenue: $7.8 billion vs. […]
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