Tag: tech

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Trump Suggests Using Savings from Cost-Cutting Effort to Refund Taxpayers, Pay Down Debt

President Trump proposes returning some federal savings to taxpayers and reducing deficit through his DOGE (Department of Government Efficiency) effort, overseen by Elon Musk.

Short Sellers Suffer $73 Billion Losses as Stocks Surge

Short sellers lost $73 billion in 2025 due to the rally in the market, with Super Micro Computer, Hims & Hers Health, Oklo, and BigBear.ai experiencing significant short squeezes.

Trump Unveils Tax Cuts Plan

U.S. President Donald Trump outlines plans to significantly reduce taxes for individuals and companies, including no tax on tips, Social Security, or overtime.

UK's Starmer Backs Zelenskiy After Trump Attack

UK Prime Minister Keir Starmer reiterates support for Ukrainian President Volodymyr Zelenskiy, despite criticism from US President Donald Trump.

Trump and Musk: A Friendship Bound by Benefits

The unlikely friendship between President Donald Trump and billionaire Elon Musk has sparked political debate, with questions about its longevity and implications for both men. Despite their shared praise in a Fox News interview, Trump's past relationships suggest his friendships often don't last.

Mark Read: 2025 – WPP’s Year of Execution

WPP CEO Mark Read pledges 2025 as "year of execution" with a technology promise to "change the narrative for everyone in our industry."

Arctic Blast Pummels Central and Eastern US, Breaking Temperature Records

Extreme cold and an arctic blast threaten to break low-temperature records in the US, with over 100 million people facing frigid conditions from Texas to the East Coast and Mid-Atlantic.

Nikola Files for Chapter 11 Bankruptcy, Plans Asset Auction

Electric vehicle startup Nikola files for Chapter 11 bankruptcy amid market and macroeconomic challenges, plans to auction assets.

High Volatility Spurs Long-Term Investors to Trade European Stocks

European share volatility reaches near-record highs, prompting cautious long-term investors to capitalize on price swings.

Stepan posts Q4 profit of $3.4 million

Stepan Co. (SCL) reports fourth-quarter net income of $3.4 million, or 15 cents per share, on revenue of $525.6 million. For the year, the company reports profit of $50.4 million, or $2.20 per share, on revenue of $2.18 billion.