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The White House says Apple will commit to spending another $100 billion on domestic manufacturing the iPhone maker's latest move to avoid punishing tariffs. Bloomberg's Tom Giles explains what this announcement means and what is still unknown on \\
Growth of nights booked in the U.S. accelerated each month throughout the quarter ended June, driven by domestic travel, San Francisco-based Airbnb said, adding that it was encouraged by the trend for the current quarter. Several travel firms, like Unite
Apple is expected to dodge the nulk of Trump's India tariffs.
Shipping giant Maersk is urging the FMC to resist an independent US enforcement regime – as some recommend – to combat renegade ship owners. The post Maersk warns US against unilateral shipping rules appeared first on FreightWaves.
October NY world sugar #11 (SBV25 ) on Wednesday closed down -0.08 (-0.50%), and October London ICE white sugar #5 (SWV25 ) closed down -1.50 (-0.32%). Sugar prices on Wednesday settled lower but remained above Tuesday's 5-week lows. Signs of stronger sug
Shares of defense, intelligence, and IT solutions provider CACI International (NYSE:CACI) fell 3.6% in the morning session after Jefferies downgraded the stock to 'Hold' from 'Buy' and cut its price target, citing concerns over slowing growth. The investm
President Donald Trump has suspended a tax perk for all countries, which allowed cheap packages to flow into the country duty-free and American consumers to shop at ultra-low-priced e-commerce sites.
WASHINGTON (Reuters) -The U.S. Federal Reserve may need to cut interest rates in the near term in response to a slowing U.S. economy, even though it remains unclear whether tariffs will continue to push inflation higher, Minneapolis Fed President Neel Kas
Top CEOs react on Bloomberg Television as US President Donald Trump imposes tariffs across the globe. Ford Motor President & CEO Jim Farley says he is hopeful Trump will keep the needs of U.S. manufacturing companies in mind as new deals are made. Axa
Apple is getting proactive about plans for its future.
Currently, the US imposes a 27.5% tariff on Japanese autos, a figure that combines an earlier 2.5% rate with a new 25% introduced by Trump.
Crypto traders are slamming Trump’s 25% tariff on India, accusing him of tanking Bitcoin to manipulate markets.
Earnings at Uber Freight showed another negative EBITDA but at a lower level than recently. The post Uber Freight still a negative EBITDA but it’s improving appeared first on FreightWaves.
Shares of computer processor maker AMD (NASDAQ:AMD) fell 6.7% in the afternoon session after its second-quarter earnings report showed that a large inventory charge related to U.S. export controls on its data center chips overshadowed record revenue. The