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Trump tariffs mean higher prices, big losses for Amazon sellers that source from China
President Donald Trump’s aggressive tariff policy on April 2 didn’t just cause mayhem in the stock market. It sent Amazon sellers into a panic. Many sellers on Amazon count on China for manufacturing and assembly due to lower costs and established infrastructure – up to 70% of goods on Amazon come from China, according to […]
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Nintendo President Doug Bowser on the new Switch 2, tariffs and what’s next for the gaming giant
Nintendo on Wednesday unveiled details for the Switch 2. It’ll include a bigger screen and controllers and is a faster version than its predecessor, which sold more than 150 million units since its 2017 release. The Switch 2 will hit store shelves on June 5 for $449.99, up from $300 for the original Switch. Like […]
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Tesla’s June robotaxi deadline looms as political backlash builds over Elon Musk
Elon Musk has been promising investors for about a decade that Tesla’s cars are on the verge of turning into robotaxis, capable of driving themselves cross-country, after one big software update. That hasn’t happened yet. What Tesla offers is a sophisticated, but only partially automated, driving system that’s marketed in the U.S. as its Full […]
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Crocs’ big bet on personalization paid off. Here’s how it happened – and what investors are keeping an eye on now.
Crocs are cool again. But the footwear company’s comeback story is more than just a fashion statement. The iconic clog was a staple of early 2000s fashion. However, the brand’s profitability eroded in the years following the Great Recession as it struggled to expand internationally. From 2008 to 2016, there were four years where the […]
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Crocs’ big bet on personalization paid off. Here’s how it happened – and what investors are keeping an eye on now.
Crocs are cool again. But the footwear company’s comeback story is more than just a fashion statement. The iconic clog was a staple of early 2000s fashion. However, the brand’s profitability eroded in the years following the Great Recession as it struggled to expand internationally. From 2008 to 2016, there were four years where the […]
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How Salt Lake City transformed into one of the hottest housing and job markets in the U.S.
Salt Lake City has become a thriving metropolis with a booming population and plenty of job opportunities in banking and tech. Many residents, like former Gov. Michael Leavitt, point to the 2002 Winter Olympics as the catalyst for the city’s transformation. “A lot of good things came together at the right time. We had a […]
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Why startups and tech giants are racing to build a practical quantum computer
Technology giants Amazon, IBM, Google, Intel and Microsoft are all working on quantum technology, as are various other companies like Rigetti, IonQ, Quantum Computing Inc. and D-Wave Quantum Inc. The latest entrant into the space is Nvidia, with CEO Jensen Huang announcing in March that the company will build a quantum computing research center in […]
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How the U.S. is losing ground to China in nuclear fusion, as AI power needs surge
China and the U.S. are in a race to create the first grid-scale nuclear fusion energy. After decades of U.S. leadership, China is catching up by spending twice as much and building projects at record speed. Often called the holy grail of clean energy, nuclear fusion creates four times more energy per kilogram of fuel […]
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The U.S.-Canada trade war could signal a shift in economic ties, experts say
President Donald Trump signed several executive orders at the start of his second term that lay out a blanket 25% tariff on Canadian goods imported into the United States, with some exceptions such as energy. Canadian energy will carry a lower tariff of 10%. The bulk of these tariffs went into effect at midnight on […]
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