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CNBC Daily Open: Underlying Weakness in Apple and Amazon’s Earnings
Technology

CNBC Daily Open: Underlying Weakness in Apple and Amazon’s Earnings

Posted on: May 2, 2025

Apple and Amazon both reported earnings that surpassed analysts’ expectations for the quarter ending in March. However, underlying weaknesses were evident. Apple’s Services division, which includes advertising, iCloud, […]

Uncategorized

Kohl’s CEO Fired Over Unethical Business Practices

Posted on: May 2, 2025

Kohl’s has terminated its newly appointed CEO due to unethical practices involving undisclosed conflicts of interest. The CEO was found to have directed business towards a romantic partner, […]

Ryanair Threatens to Reassess $30 Billion Boeing Order Amid U.S. Pressure Over Considering COMAC Jets
Uncategorized

Ryanair Threatens to Reassess $30 Billion Boeing Order Amid U.S. Pressure Over Considering COMAC Jets

Posted on: May 2, 2025

Ryanair has announced that it may “reassess” a significant $30 billion order with Boeing due to recent criticism from the U.S. government. The backlash arose after Ryanair considered […]

Uncategorized

E-Commerce Sellers Face Challenges as De Minimis Ends

Posted on: May 2, 2025

E-commerce sellers importing goods from China are bracing for changes as the de minimis tariff loophole closes. This adjustment means that previously duty-free parcels will now be subject […]

Elon Musk Compares Himself to Buddha During Press Meeting
Technology

Elon Musk Compares Himself to Buddha During Press Meeting

Posted on: May 2, 2025

Elon Musk recently met with mainstream press, breaking his pattern of avoiding interviews with outlets he perceives as unfriendly. The session occurred amid reports that Tesla’s board might […]

Automakers Report Significant April Sales Boosted by Tariff Concerns
Uncategorized

Automakers Report Significant April Sales Boosted by Tariff Concerns

Posted on: May 2, 2025

DETROIT — Major automakers, including Ford, Hyundai, and Kia, reported substantial year-over-year U.S. sales increases in April. This surge was driven by consumers rushing to buy vehicles ahead […]

Uncategorized

Chevron Reports Earnings Beat Amid Rising Stock

Posted on: May 2, 2025

Chevron has reported earnings that surpassed market expectations, leading to a rise in its stock price. Despite this positive news, the overall profit has declined due to falling […]

Defense Tech Startup Mach Industries Raises $100 Million in New Funding Round
Technology

Defense Tech Startup Mach Industries Raises $100 Million in New Funding Round

Posted on: May 2, 2025

Mach Industries, a defense tech company founded by 21-year-old Ethan Thornton, is reportedly closing a $100 million funding round co-led by Khosla Ventures and existing investor Bedrock Capital, […]

Uncategorized

Six Flags America to Close in November After Decades of Operation

Posted on: May 2, 2025

Six Flags America and Hurricane Harbor in Prince George’s County, Maryland, are set to close in November. The decision comes as the parks do not align with the […]

Blank Sailings Signal Economic Uncertainty Amid Trade Tensions
Economy

Blank Sailings Signal Economic Uncertainty Amid Trade Tensions

Posted on: May 2, 2025

The container shipping industry is experiencing a surge in ‘blank sailings,’ where shipping routes are temporarily paused due to insufficient demand. This phenomenon has intensified due to trade […]

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