takes
By Susanna Twidale LONDON (Reuters) – U.S. President Donald Trump in his first day of office on Monday suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife. Former President Joe Biden supported the offshore wind industry, setting a…
Investing.com– U.S. stock index futures were higher on Monday evening after President Donald Trump took office and announced a series of executive orders, while a slew of major corporate earnings were on tap for the week. Trump reoccupied the White House on Monday when the stock markets were closed for…
Meta is adopting a more aggressive approach to workforce management.This shift marks a departure from Silicon Valley’s traditional talent retention strategy.Tech firms now prioritize lean teams over retaining talent to prevent competition gains.Meta is adopting a more performance-focused approach to workforce management, one that Amazon embraced years ago: systematically pushing…
China is loading up on soybeans amid US trade war fears.China’s soybean imports rose 6.5% in 2024, hedging against potential Trump trade policies.Intensifying US-China trade tensions could hit the soybean trade, impacting US farmers and rural economies.China is stockpiling more than semiconductor chips amid its trade war with the US.Last…
Tesla has launched a refreshed Model Y in China as it fights off fierce competition from local rivals.The new Model Y is also available to order in Australia and parts of Asia, but there’s no sign of a US release yet.Tesla is under pressure, with annual sales falling even as…
By Luc Cohen NEW YORK (Reuters) -Former New York City mayor Rudy Giuliani took the witness stand on Friday to try to fend off a bid to have him held in contempt of court by two Georgia election workers that he falsely accused of trying to help steal the 2020…
Tesla’s disappointing sales could be a wake-up call for investors.Trump’s proposed cuts to EV subsidies could cost Tesla $3.2 billion, JPMorgan estimates.Musk’s car company benefits the most from current emissions regulations. Tesla is poised for a tough year under a second Trump administration, despite CEO Elon Musk’s friendship with the…
By David Lawder WASHINGTON (Reuters) – World Trade Organization members failed to agree on reforms to revive a broken trade dispute settlement system during the last General Council meeting before U.S. President-elect Donald Trump takes office in January, outgoing U.S. WTO ambassador Maria Pagan said on Wednesday. Pagan also told…
Investing.com — The Consumer Financial Protection Bureau (CFPB) announced significant actions today to protect consumers from illegal credit card practices and help them save on interest and fees. The agency warned that some credit card companies running rewards programs might be breaking the law, such as illegally devaluing rewards points…
China’s exports grew 6.7% in November, hitting $312 billion, despite economic challenges.The growth reverses last year’s decline, driven by strong global demand and frontloaded orders.Beijing is planning proactive fiscal policies amid tariff threats from President-elect Trump.It’s been a difficult year for China’s economy, but the country is still expected to…
