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Trump ends de minimis exemption for global low-cost goods

President Donald Trump on Wednesday signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries….
Investing

Union Pacific to buy Norfolk in $85 billion mega U.S. railroad deal

July 29 (Reuters) – Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create…
Investing

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics

Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to Tesla, based on a regulatory filing by the South…
Investing

Things are getting better at Boeing under CEO Ortberg, but can he keep it going?

After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership. Ortberg,…
Investing

Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025

Palantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable U.S. companies. The…
Investing

FCC greenlights Paramount’s $8 billion merger with entertainment group Skydance

Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a…
Investing

Microsoft’s Satya Nadella says job cuts have been ‘weighing heavily’ on him

Microsoft has laid off over 15,000 people so far in 2025. The stress of the belt-tightening has gotten to CEO Satya Nadella….
Investing

UnitedHealth says it is facing DOJ investigation over Medicare billing practices

UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices. It comes after the Wall Street…
Investing

Alphabet beats earnings expectations, raises spending forecast

Alphabet reported second-quarter results on Wednesday that beat on revenue and earnings, but the company said it would raise its capital investments…
Investing

Uber will let women drivers and riders request to avoid being paired with men

Uber announced a new feature Wednesday that pairs women drivers and riders, in its latest move to address safety on the ride-hailing…
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