The Department of Government Efficiency (DOGE), led by Tesla CEO Elon Musk, is making headlines for its efforts to reduce federal spending through cuts to agencies and government […]
Economy
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Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips
PALM BEACH, Florida, Feb 18 (Reuters) – U.S. President Donald Trump announced his intention to impose tariffs of approximately 25% on auto imports, alongside similar duties on pharmaceuticals […]
Economy
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UnitedHealthcare offers buyouts to some employees, can pursue layoffs, CNBC reports
UnitedHealthcare, a unit of UnitedHealth Group, has reportedly offered buyouts to certain employees as part of a restructuring effort. According to two sources familiar with the matter, employees […]
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UnitedHealth Group begins offering employee buyouts, could resort to layoffs
UnitedHealth Group has initiated a voluntary resignation separation program, offering buyouts to certain employees as part of efforts to align its workforce with evolving business needs. The company […]
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Toronto plane crash: Delta offers payment to victims amid investigation of plane that flipped upside down
Delta Air Lines is offering $30,000 to each of the 80 individuals aboard Delta Connection flight 4819, which crashed while landing at Toronto Pearson Airport earlier this week. […]
Economy
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US Federal Reserve warns Trump’s tariffs may increase prices
The US Federal Reserve has warned that American consumers may face higher prices if President Donald Trump proceeds with his proposed tariffs. According to minutes from the Federal […]
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Delta Air Lines offers $30K to each passenger on crash-landed Toronto flight
Delta Air Lines has offered $30,000 to each passenger aboard Flight 4819, which crash-landed at Toronto’s airport earlier this week. Operated by Endeavor Air, a Delta subsidiary, the […]
Technology
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Libra Crypto Creator Reportedly Claimed He Could ‘Control’ Argentine President Javier Milei
Argentine President Javier Milei is embroiled in a memecoin scandal after promoting a cryptocurrency project called $LIBRA, which was accused of being a pump-and-dump scheme. Following Milei’s endorsement […]
Economy
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Troubled electric vehicle maker Nikola files for bankruptcy protection
Electric vehicle manufacturer Nikola has filed for Chapter 11 bankruptcy protection after warning it might deplete its cash reserves early this year. Once a high-flying startup, Nikola faced […]
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EV maker Nikola files for Chapter 11 bankruptcy protection
Electric truck manufacturer Nikola Corp. has filed for Chapter 11 bankruptcy protection after struggling with market and macroeconomic challenges. CEO Steve Girsky stated that despite efforts to raise […]