US eases Russia oil sanctions as Iran war pushes up energy prices
US Treasury Secretary Scott Bessent said it was a temporary measure that will last until 11 April. Source link
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Business News: You Can Now Make Your Own Unique Swatch Using Its ‘AI Dada’ Tool
The AI Dada tool – named for ‘Artificial Intelligence’ and the anti-establishment, avant-garde ‘Dada’ art movement and school of thought in the early twentieth century – first rolled out in Switzerland in late 2025 and in select parts of Europe earlier this year. Now, U.S. residents can access the program for the first time and…
Seattle DJC.com local business news and data – Real Estate
Photo via NAI Puget Sound Properties [enlarge] Looking southeast, the bare dirt is where Building B will rise. Within the 4,700-acre, mostly residential Tehaleh development, south of Bonney Lake in Pierce County, is an industrial enclave that includes the Tall Firs Industrial Park. . . . Source link
U.S. launches fresh Section 301 probes into 60 economies over forced-labor trade practices
Scott Bessent, US treasury secretary, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Thursday, Feb. 5, 2026. Kent Nishimura | Bloomberg | Getty Images The U.S. on Thursday launched new trade investigations into 60 economies to determine if they have failed to curb imports of goods made…
Honda expects FY2025/26 loss of up to $4.3 bln from review of EV strategy
Honda Motor revised down its earnings forecast to a loss of 420 billion yen to 690 billion yen ($2.6 billion to $4.3 billion) in the financial year ending this month due to reassessment of its electrification strategy, the company said on Thursday. Source link
Adobe CEO Shantanu Narayen will leave after company picks successor
Adobe said CEO Shantanu Narayen will step down after a successor has been appointed, and he will remain as the design software company’s chair. Shares tumbled 7% in extended trading. Narayen joined Adobe in 1988 as a vice president and general manager, and he became CEO in 2007. Under Narayen, Adobe pushed from software licenses…
U.S. allows temporary purchases of Russian oil already at sea to stabilize energy markets
Russian supertanker Astro Lupus waits to unload its cargo of the first direct shipment of Russian crude oil on July 3, 2002 in the Gulf of Mexico. Pool | Afp | Getty Images The U.S. on Thursday temporarily authorized the purchase of Russian oil stranded at sea to stabilize energy markets. U.S. Treasury Secretary Scott…
Oil soars 10% as ‘largest supply disruption’ in history worsens
The price of oil soared more than 10% on Thursday as the International Energy Agency warned the U.S.-Israeli war on Iran was “creating the largest supply disruption in the history of the global oil market.” The price of international Brent crude oil rose 9%, to more than $100 per barrel, while U.S. crude oil climbed…
Rising prices and what Iran war could soon cost you
Ever since the US and Israel struck Iran, the jump in oil and gas prices has become a major focus for markets and consumers alike. But that’s only the top of a long list of goods that stand to get more expensive. With oil prices shooting up, the cost to transport physical goods around the…
Customer sues Costco for tariff refunds
The lawsuit is an indication of the complexities looming over a potential $166bn in tariff refunds. Source link