Tag: technology

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Trump Proposes 'Economic Development' with Russia Amid Ukraine War Talks

President Trump suggests "economic development" with Russia as part of ongoing Ukraine peace talks, potentially involving rare earth minerals.

Starbucks Stock May Be Getting Lukewarm, Analyst Says

Starbucks stock has been on a hot streak, but Jefferies analyst Andy Barish says it's time to book profits. Barish cites concerns about same-store sales, margin gains, and earnings growth. He also notes that Starbucks has pulled back on guidance and is cutting costs.

Berkshire Hathaway's Q4 Earnings Surge 71% on Interest Rates, Insurance Boost

Berkshire Hathaway's operating earnings surged 71% in Q4, driven by higher interest rates and a strong insurance business recovery.

US-Ukraine Economic Partnership Would Benefit Both Countries, Says Treasury Secretary

U.S. Treasury Secretary offers plan for economic partnership with Ukraine, proposing a fund for long-term reconstruction and development.

Elon Musk's Department of Government Efficiency Cuts Hit Consulting Firms and Media Outlets

Government consultants and media outlets face cuts as Elon Musk's Department of Government Efficiency targets cost reduction, with prominent companies like Deloitte affected.

Philippines Seeks Alaska LNG as Energy Future Remains Uncertain

The Philippines plans to import liquefied natural gas from Alaska to meet energy needs. The Alaska LNG export project has faced challenges, but the US has prioritized its development.

SEC Crypto Task Force Head Hester Peirce Seeks Clarity for Industry

SEC Commissioner Hester Peirce seeks to provide clarity for crypto industry, aiming for workable legal framework and reducing litigation fears.

Mercedes-Benz CEO Rules Out Robo-Taxi Service

Car companies like Mercedes-Benz are not prioritizing robotaxi fleets like Tesla as they focus on selling driverless technology to individual customers.

Trump Steel Tariffs Could Make Apartments and Condos Even More Expensive

Trump's 25% steel tariffs threaten to further inflate construction costs and raise rents for apartments and condos, especially high-rise buildings. Developers may delay projects or seek exemptions as the US faces a housing shortage.

Boeing's Aerospace Safety Chief Delaney to Retire

Boeing Chief Aerospace Safety Officer Mike Delaney to Retire Later This Year