Investments and Business

Trump extends China tariff deadline by another 90 days

Trump delays China tariffs for additional 90 days

The United States and China have once more prolonged their trade ceasefire, postponing a possible increase in tariffs that could have greatly impacted the global economy. In an executive order signed mere hours before the previous deal was due to end, President Donald Trump delayed the implementation of elevated tariffs on Chinese goods for another 90 days. This choice, which Beijing mirrored with a similar extension, gives both countries additional time to tackle their continuing trade disagreements and aim for a more comprehensive agreement. The action was broadly viewed as a crucial measure to avert an outright trade conflict and…
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Musk threatens Apple and calls OpenAI boss a liar as feud deepens

OpenAI’s boss called liar by Musk as Apple clash intensifies

The escalating public dispute between Elon Musk, Apple, and OpenAI has reached a new level of intensity, fueled by accusations and legal threats. Musk, the owner of X and founder of the AI company xAI, has publicly accused Apple of engaging in what he calls "unequivocal antitrust violation" by allegedly favoring OpenAI's ChatGPT in its App Store. He threatened to take immediate legal action against the tech giant. This bold claim came in a series of posts on his social media platform, where he also directly challenged OpenAI CEO Sam Altman, calling him a "liar" and reigniting their long-standing animosity.…
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Musk threatens Apple and calls OpenAI boss a liar as feud deepens

Apple faces Musk’s threats amid OpenAI liar accusation

The intensifying public clash among Elon Musk, Apple, and OpenAI has reached new heights, driven by allegations and legal warnings. Musk, who owns X and launched the AI enterprise xAI, has openly blamed Apple for what he describes as "unambiguous antitrust breach" due to its alleged preference for OpenAI's ChatGPT within its App Store. He warned of taking swift legal measures against the tech behemoth. This audacious assertion was made via a sequence of updates on his social media network, where he also openly confronted OpenAI CEO Sam Altman, labeling him a "deceiver" and reviving their longstanding hostility. The rivalry…
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Trump is promising to slash drug prices by 1,500%. Here’s what’s really happening

Trump’s 1,500% drug price slash: What’s really happening

Former U.S. President Donald Trump has made headlines once again with a bold pledge: to slash prescription drug prices by an astonishing 1,500%. While the claim has generated buzz among his supporters and sparked debate across the political spectrum, the sheer scale of the number has left many experts, analysts, and everyday Americans questioning exactly what such a figure means, whether it is mathematically possible, and how it might be achieved in practice.At face value, the promise is eye-catching. Drug prices have been a persistent source of frustration for millions of Americans, with rising costs affecting not only patients but…
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How the world’s most valuable company got caught in the middle of Trump’s spat with China

How Trump’s China policies affected the world’s most valuable company

The world's largest publicly listed company, famous for its tech advancements and international influence, has surprisingly become embroiled in one of the most prominent international tensions of the past few years. What started as a commercial conflict between the United States and China transformed into a wider political clash during the Trump administration, bringing this corporate titan into a challenging and volatile situation.While major corporations often operate across borders and navigate complex relationships with multiple governments, the stakes in this case were particularly high. This company’s vast supply chain stretches across continents, with a heavy reliance on Chinese manufacturing for…
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US and China agree to critical extension, preventing tariff surge on the world’s two largest economies

US and China extend critical agreement, stopping tariff surge on global economic leaders

The United States and China have reached a pivotal agreement that will extend key trade arrangements, effectively halting a potentially destabilizing surge in tariffs between the world’s two largest economies. The move comes at a time when global markets have been closely watching every development in the economic relationship between Washington and Beijing, with concerns that escalating trade measures could disrupt supply chains, increase costs for consumers, and strain an already fragile global economy.The choice to prolong the existing terms indicates an uncommon instance of collaboration between the two economic giants, whose connection in recent times has been characterized by…
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Companies are monitoring and enforcing office attendance at the highest rate in 5 years

Corporate office attendance enforcement hits highest level in 5 years

Corporate America is witnessing a significant shift in workplace management strategies as employers increasingly track and enforce office attendance requirements. New data reveals that organizations are monitoring employee presence more closely than at any point since 2019, marking a dramatic reversal from the remote work flexibility that dominated the pandemic era.This resurgence of office attendance tracking reflects a broader corporate push to normalize in-person work arrangements. Companies across various industries are implementing sophisticated monitoring systems that go beyond traditional badge swipes, including:Recording of Wi-Fi connectionsSensors for desk usageMonitoring of computer useWorkspace analysis using camerasHuman resources experts note this trend stems…
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Lawsuit accuses Apple of stealing trade secrets to create Apple Pay

Allegations arise of Apple stealing trade secrets to introduce Apple Pay

A major legal dispute has emerged surrounding the development of Apple's contactless payment system, with court documents claiming the tech giant improperly used protected intellectual property to build its Apple Pay platform. The lawsuit, filed in federal court, presents serious allegations that could potentially impact one of Apple's most profitable services.La querella surge de una empresa de tecnología financiera que sostiene que sus innovaciones patentadas son la base de la solución de pago móvil de Apple. Según los documentos presentados ante el tribunal, representantes de ambas organizaciones realizaron varias reuniones donde se compartieron detalles técnicos confidenciales bajo acuerdos de confidencialidad.…
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Here’s what could get more expensive from Trump’s massive tariff hikes

Goods that could see price increases from Trump’s massive tariff hikes

The U.S. administration's recent decision to significantly raise tariffs is anticipated to affect consumer costs in various economic sectors. These alterations in trade policy, which are the most considerable import tax shifts in several decades, are expected to cause marked price hikes for numerous common items over the next few months.Electronics and technology products appear particularly vulnerable to price hikes. Many consumer electronics, including smartphones, laptops, and home appliances, contain components subject to the new tariffs. Industry analysts predict these products could see retail price increases of 8-12% as manufacturers and retailers pass along higher import costs. The timing is…
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Toyota, world’s biggest carmaker, warns of unprecedented .5 billion profit hit from tariffs

Toyota, world’s biggest carmaker, warns of unprecedented $9.5 billion profit hit from tariffs

The automotive industry faces substantial challenges as trade policies reshape the competitive landscape, with Toyota Motor Corporation projecting a $9.5 billion reduction in annual profits due to recently implemented tariffs. As the world's largest vehicle manufacturer, this forecast represents one of the most significant financial impacts reported by any corporation in response to changing international trade conditions.Industry experts highlight that these expected losses originate from various elements impacting Toyota's intricate international operations. The company's vast supply chain, stretching across many countries, has become especially susceptible to rising trade obstacles. Increased expenses will mainly influence vehicles and parts being transferred between…
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