Global investors are heading into US President Donald Trump’s Wednesday deadline for trade tariffs palpably unexcited and prepared for a range of benign scenarios that they believe are already priced in. Just days before the end of a 90-day pause he announced on his April 2 “Liberation Day” tariffs, Trump said the first batch of…
Investment firm Azoria Partners said on Saturday it will postpone the listing of its Azoria Tesla Convexity exchange traded fund after Tesla CEO Elon Musk said he was forming a new US political party. Musk made the announcement a day after polling his followers on the X social media platform he owns, declaring, “Today the…
Ingram Micro said on Saturday it recently identified ransomware on certain of its internal systems. The information technology company took steps to secure the relevant environment, including taking certain systems offline, it said in a statement. The Irvine, California-based company also launched an investigation with the assistance of leading cybersecurity experts and notified law enforcement,…
1:29Anthony Zurcher: Passage of megabill is big win for Trump US President Donald Trump has signed his landmark policy bill into law, a day after it was narrowly passed by Congress. The signing event at the White House on Friday afternoon enacts key parts of the Trump agenda including tax cuts, spending boosts for defence…
US currently lacks a specialized manufacturing footprint for baby strollers that requires advanced tooling When Plufl co-founders Yuki Kinoshita and Noah Silverman pitched their “dog beds for humans” prototype to Shark Tank in 2022, they envisioned making the plush, snuggly, memory foam beds in China and selling them at retail in the U.S. for $299….
Business is booming in the luxury world of superyachts, with the super-rich wanting ever bigger floating palaces. Paola Trifirò knows a thing or two about superyachts – she and her husband have owned more than a dozen over the years. The Italian couple, who have made their fortune in law, and continue to run a…
Microsoft has confirmed that it will lay off as many as 9,000 workers, in the technology giant’s latest wave of job cuts this year. The company said several divisions would be affected without specifying which ones but reports suggest that its Xbox video gaming unit will be hit. Microsoft has set out plans to invest…
US President Donald Trump has called for the chair of the Federal Reserve to quit right away, in an escalation of his attacks on Jerome Powell. “‘Too Late’ should resign immediately!!!”, Trump said in a post on his Truth Social platform. He also included a link to a news article about a US federal housing regulator…
Banknotes issued by the Bank of England are about to get their first major redesign in more than 50 years. Notable historical figures, such as Sir Winston Churchill on the current fiver, have featured on these banknotes since 1970 but could be on the way out. The public are being asked for their views on…
0:29Watch: Trump reacts to the Senate narrowly passing his “big, beautiful” bill After nearly 24 hours of debate – starting yesterday morning and stretching overnight – the US Senate approved Donald Trump’s massive tax-cut and spending bill Passing by the narrowest of margins, the bill, as it stood on Tuesday, contained key parts of the agenda he…
