Business

Trump’s proposed tariffs on Canada would hurt US automakers and consumers, leading to higher car prices and economic consequences.

Published on: January 24, 2025, 11:02 AM UTC

UnitedHealth Group announced Tim Noel as the new CEO of UnitedHealthcare, filling the role after Brian Thompson's passing. Despite recent earnings disappointments and claims processing challenges, UnitedHealthcare reported $400 billion in 2024 revenue and $14 billion in profits.

Published on: January 24, 2025, 11:02 AM UTC

Published on: January 24, 2025, 11:01 AM UTC

Boeing (BA) reports wider Q4 operating cash flow loss on IAM strike, workforce reductions, defense charges, and lower deliveries.

Published on: January 24, 2025, 11:01 AM UTC

China's stock market is undergoing a cultural shift, with companies prioritizing shareholder returns through record share buybacks and dividends. This follows government proposals to boost market sentiment and compensate investors for years of underperformance. The move marks a transition towards a more mature market where shareholder return becomes a key differentiator.

Published on: January 24, 2025, 10:03 AM UTC

Euro zone business activity shows modest growth in January, with easing downturn in manufacturing and stable services activity. PMI rises to 50.2, above the 50 mark separating growth from contraction.

Published on: January 24, 2025, 10:02 AM UTC

Trump's proposed tariffs on Canadian autos would hurt US automakers and American consumers. TD Economics outlines the pain points of a 25% tariff on Canadian-made autos, including rising car prices, job losses, and supply chain disruptions.

Published on: January 24, 2025, 10:02 AM UTC

Boeing estimates a $3.5 billion loss due to the IAM strike, workforce reductions, and changes in its defense business. Quarterly revenue is expected to be $15.2 billion with a GAAP loss per share of $5.46. The company laid off hundreds of workers and reduced its headcount by 10%. Despite near-term challenges, Boeing is taking steps to stabilize its business, including a successful capital raise to improve its balance sheet.

Published on: January 24, 2025, 10:01 AM UTC

UK regulator secures Google changes to tackle fake business reviews

Published on: January 24, 2025, 10:00 AM UTC

Around 20,000 British residents relocate to the US annually, enticed by higher salaries and lower tax rates. Despite Donald Trump's controversial policies, the US remains an attractive destination for workers and entrepreneurs due to its robust economy and business-friendly environment. However, navigating the US immigration system can be challenging, particularly in the wake of the President's crackdown on immigration. Skilled professionals in the technology sector can expect significant salary increases in the US, while healthcare costs remain a significant expense. The US tax system features progressive tax rates and offers deductions for state taxes, with some states boasting no income tax. However, moving to a state with no income tax may not always shield individuals from state taxes, and expats should consult with professionals to understand the potential tax implications of their move.

Published on: January 24, 2025, 09:03 AM UTC