Posts with tag: technology
Trump reopens LNG export permits, boosting US capacity by 100 million tonnes per year
Published on: January 21, 2025, 08:01 PM UTC
After his return to the White House, President Trump threatens automakers with tariffs on cars made in Mexico, Canada, and Europe, potentially leading to a 17% loss in annual core profits for automakers.
Published on: January 21, 2025, 08:00 PM UTC
U.S. stocks rise as investors weigh Trump's first moves, including tariffs on Mexico and Canada. Earnings from 3M Company lift Dow, while wobbly performances from Tesla and Apple weigh on Nasdaq.
Published on: January 21, 2025, 07:02 PM UTC
Meta CEO Mark Zuckerberg's recent public embrace of President Donald Trump raises concerns among employees, investors, and analysts. Zuckerberg has made policy changes, including ending fact-checking and bringing back political content, leading to speculation about his intentions and the potential impact on Meta's reputation and stock.
Published on: January 21, 2025, 06:02 PM UTC
Williams-Sonoma CEO Laura Alber discusses the impact of Trump tariffs and the company's strategy to mitigate their effects. Alber notes that Williams-Sonoma has reduced its reliance on China for sourcing and is exploring alternative manufacturing locations. She also highlights the potential for price increases due to tariffs and the need for collaboration with vendors to absorb some of the costs.
Published on: January 21, 2025, 06:02 PM UTC
Oil prices slid Tuesday as Trump signed executive orders boosting US production and hinted at tariffs against Canada and Mexico, sparking trade war fears.
Published on: January 21, 2025, 06:01 PM UTC
Goldman Sachs promotes a new generation of leaders to run its Wall Street businesses, including Erdit Hoxha, Cyril Goddeeris, Kunal Shah, Jason Brauth, and Kim Posnett.
Published on: January 21, 2025, 06:00 PM UTC
ABB is increasing its investments in the United States due to the Trump administration's tariff hikes and the country's economic growth.
Published on: January 21, 2025, 06:00 PM UTC
Prologis Beats Wall Street Q4 Expectations; Shares Rise 3.3%
Published on: January 21, 2025, 05:03 PM UTC
MicroStrategy shareholders vote to expand potential share count to 10.3 billion from 330 million to facilitate Bitcoin purchases, turning the software company into a leveraged Bitcoin proxy with over $47 billion in Bitcoin holdings.
Published on: January 21, 2025, 05:03 PM UTC