Brett Ryan, a senior U.S. economist at Deutsche Bank Securities, noted that the initial economic optimism driven by tax policy has been overshadowed by trade tensions. Commerce’s first-quarter […]
Technology
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Microsoft Replaces Simpson Thacher with Jenner & Block Amid Pro Bono Commitments to Trump Administration
In a significant move, Microsoft has replaced Simpson Thacher & Bartlett with Jenner & Block as its legal representative in a case concerning the acquisition of Activision Blizzard. […]
Technology
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Aurora Launches First Driverless Semi-Truck Commercial Service
Autonomous trucking company Aurora has initiated its first regular long-haul routes with driverless trucks, making round trips between Dallas and Houston. Aurora’s commercial service, launched under customers Uber […]
Technology
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Epic Games Introduces New Commission Plan and App Store Workaround
Following Apple’s legal defeat regarding its App Store model, Epic Games has swiftly announced two significant business moves. Fortnite is set to return to the iOS App Store […]
Technology
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Amazon’s Earnings Report: Stock Falls Amid Disappointing Guidance
Investors are increasingly focusing on Amazon Web Services (AWS) due to its significant contribution to Amazon’s profits. During the last earnings call, Amazon’s leadership highlighted that AWS is […]
Markets
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GM Faces Financial Impact Due to Trump’s Tariffs
General Motors CEO Mary Barra expressed gratitude to President Trump for his support of the U.S. automotive industry, yet acknowledged an anticipated financial impact of $4 to $5 […]
Technology
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Trump Family’s Cryptocurrency Ventures Raise Ethical Concerns
The Trump family continues to expand its involvement in cryptocurrency, raising significant ethical concerns. At a recent crypto conference in the United Arab Emirates, Eric Trump announced that […]
Uncategorized
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Eli Lilly’s Earnings Boost Overshadowed by CVS-Novо Nordisk Partnership
Eli Lilly reported better-than-expected first-quarter results, driven by strong sales of its GLP-1 medications. However, a partnership between CVS Health and Novo Nordisk has overshadowed these positive results, […]
Markets
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GM Anticipates Significant Financial Impact from Tariffs
General Motors (GM) has projected that tariffs could result in a financial impact of up to $5 billion. Despite recent relief measures, the company remains concerned about the […]
Technology
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Apple Remains Unfazed by Trump’s Tariffs Amid Legal and AI Challenges
Apple recently reported its latest quarterly earnings, showcasing a 5% revenue increase to $95.4 billion compared to the same period last year. The tech giant’s services segment hit […]