Elon Musk has returned to bashing the GOP budget bill in recent days, and in doing so, has reignited his fight with President Donald Trump. In one long-time investor’s view, it’s bound to create even more challenges for the company, which just reported another quarter of weak vehicle deliveries. Ross Gerber, the CEO of Gerber-Kawasaki…
Paramount Global has agreed to pay President Trump $16 million to end his lawsuit over edits to a “60 Minutes” interview — a legal tussle that roiled CBS News, spurred high-level departures and threatened to derail the company’s hoped-for sale. Under the terms of the deal, the money will be allocated to Trump’s future presidential…
Diversifying your portfolio is one of the most basic pieces of investing advice that financial planners emphasize, but 47-year-old Etienne Breton has generated a seven-figure net worth and potentially secured early retirement in doing the opposite: going all-in on shares of software company Palantir. Up over 80% in 2025, Palantir is one of the hottest…
How a tax on companies like Amazon, Google has stalled trade talks with Canada President Trump has decided to stop trade negotiations with Canada, citing a digital service tax affecting American companies as the reason. Updated: 5:28 PM CDT Jun 27, 2025 Editorial Standards ⓘ White House Correspondent President Donald Trump announced the suspension of…
HONG KONG, June 12, 2025 /PRNewswire/ — The 2025 International Automotive & Supply Chain Expo (Hong Kong) (“Hong Kong Auto Expo” or the “Expo”) kicked off today at AsiaWorld-Expo in Hong Kong. As the chief strategic automotive media partner of the event, Autohome Inc. (NYSE: ATHM; HKEX: 2518) (“Autohome” or the “Company”) provided comprehensive coverage…
Saraí Ortiz’s father Jose worked 18 years for Ambiance Apparel, rising to become a floor manager at the sprawling fast-fashion warehouse in downtown Los Angeles. His tenure ended Friday, when federal authorities raided the company, arresting Jose Ortiz and more than 40 other immigrant workers as Saraí watched. “You know this is a possibility all…
Former Spice Girls member, Victoria Beckham, said she made two big changes to reduce the losses at her namesake fashion company. “We bought our price point down, and we merged the two brands that we had at the time into one,” Beckham told Bloomberg in an interview published Wednesday. “I wanted to challenge myself and…
Tesla is off to a bumpy start this year. The electric vehicle giant’s profit plunged 71% in the first quarter to $409 million as the company faced a flurry of setbacks, including looming tariffs and a brand crisis perpetuated by Chief Executive Elon Musk’s prominent role in the Trump administration. The Austin, Texas-based company reported…
Despite escalating trade tensions marked by unprecedented tariffs of 145% on Chinese exports to the United States, China’s technology stocks, including Alibaba BABA, JD.com JD, Baidu BIDU and Tencent Holdings TCEHY, are showing remarkable resilience and growth potential in 2025. This ongoing trade conflict has paradoxically accelerated China’s technological self-reliance and innovation capabilities. President Xi…
NEW YORK — U.S. stocks fell Wednesday after Nvidia warned new restrictions on exports to China will chisel billions of dollars off its results, while companies around the world said President Trump’s trade war is clouding forecasts for how they and the economy will do this year. The Standard & Poor’s 500 index sank 2.2% after falling…