Tag: science

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Mass Layoffs Expected at HUD as Trump Shrinks Federal Government

HUD employees brace for deep staffing cuts amid Trump-Musk efforts to reduce federal government size.

Tesla's Stock Rebounds After Hitting Key Support Level

Tesla stock rallies above 100-day moving average after hitting a 30% year-to-date decline; analysts remain bullish on the stock's long-term prospects despite recent headwinds.

Emerging Economies Most Exposed to USAID Cuts

War-torn countries, heavily indebted nations, and US allies like Jordan stand to lose the most if USAID is dismantled. Ukraine, Jordan, Syria, Zambia, and Kenya are among the emerging economies most exposed to USAID funding cuts.

Hims & Hers Surges 24% on Telehealth Ad, Political Winds

Telehealth stock Hims & Hers surged after its Super Bowl ad sparked controversy. Despite safety concerns, the stock has climbed over $57 per share, driven by retail investor interest and a potential lenient stance from the incoming HHS secretary on GLP-1 compounders.

Telefonica Hires JPMorgan to Sell Mexican Business

Spanish telecom Telefonica hires JPMorgan to sell its Mexican business

TikTok Returns to App Stores After U.S. Ban Delay

TikTok returns to US app stores after Trump delays ban, denying claims of data sharing with Chinese government.

Richemont Announces Senior Management Changes

Swiss luxury company Richemont announces changes to its senior management, with the bosses of Cartier and Van Cleef joining its executive committee.

Japan's Biggest IPO Since 2018 Set to Raise $3 Billion

Japanese semiconductor supplier JX Advanced Metals Corp. plans to raise ¥460 billion ($3 billion) in Japan's biggest IPO since 2018, reflecting strong demand for chips and AI-related technologies.

Biden Nominee Vows to Protect Popular Student Loan Forgiveness Program

Education Secretary Linda McMahon pledges to continue Public Service Loan Forgiveness program, despite pressure from Trump administration critics who argue it's too costly.

GameStop Considers Bitcoin Investment, Sending Shares Soaring

GameStop (GME) stock jumped on news of potential crypto investments, following a tweet from CEO Ryan Cohen.