Asian shares were mostly higher on Wednesday and oil prices fell after the U.S. stock market rose to more records. South Korea’s Kospi jumped nearly 5% and Taiwan’s benchmark also surged as the boom in artificial intelligence drove heavy buying of computer chipmakers and other technology companies. Source link
The Trump administration has refunded more than $20 billion so far in tariffs to importers and shippers, according to a court filing, after the Supreme Court struck down the cornerstone of President Donald Trump’s trade policy in February. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The administration…
CBS News declined to renew its contract with the “60 Minutes” correspondent Sharyn Alfonsi, six months after her segment on torture in Salvadoran prisons was pulled off the air abruptly by the news division’s editor in chief, Bari Weiss. Ms. Alfonsi’s deal expired on Saturday. She said in a phone interview that her agent’s inquiries…
Many New Orleans institutions show little evidence of time: countertops lined with Crystal hot sauce, glowing neon signs and laminated menus unchanged for decades. But some of those staples have proven they are not immune to change, as more than five have closed their doors in the last year. Casamento’s Restaurant could be next, after…
BP on Tuesday said that it had removed Chairman Albert Manifold with immediate effect and appointed Ian Tyler as interim chair. Source link
European Union governments cleared on Wednesday legislation to remove import duties on many U.S. goods, an EU source with knowledge of their meeting said, a move that should avert U.S. President Donald Trump’s threat of higher tariffs on EU cars and other products. Source link
‘Barron’s Roundtable’ panelists discuss Toyota’s stock hitting an all-time high this week and the impact of EV slowdown on Ford and General Motors. Toyota is recalling more than 43,000 of its 2024 Tundra pickup trucks because debris left behind during the manufacturing process could contaminate the engine and increase the risk of a crash, according…
As Elon Musk prepares to lead a second trillion-dollar company into the public market, a move that will likely put him in charge of two of the 10 most valuable U.S. enterprises, chatter is building that Musk’s ultimate goal is to combine the entities into one. SpaceX is expected to start trading on the Nasdaq…
One of the country’s largest Urban Indian Organizations has opened a 76-unit affordable housing project in Oakland built around a simple premise: Culture is prevention. For the nonprofit Native American Health Center Inc., the new development — called Flicker — is not just a housing project. The building also includes a dental clinic with 19…
Unleash Prosperity co-founder Stephen Moore discusses the gas tax holiday proposal and the House-passed housing affordability bill on ‘The Bottom Line.’ A recall issued by Hyundai could impact more than 421,000 vehicles after the National Highway Traffic Safety Administration (NHTSA) discovered a software bug. The software issue in the front cameras may cause the forward…
