Bottles of Pepsi soda are seen on display at a Target store on February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City. Michael M. Santiago | Getty Images PepsiCo reported mixed quarterly results on Tuesday as demand for its snacks and drinks fell in North America. Shares of the company fell…
Sean McManus Technology Reporter Getty Images Many staff are said to be using unapproved AI at work “It’s easier to get forgiveness than permission,” says John, a software engineer at a financial services technology company. “Just get on with it. And if you get in trouble later, then clear it up.” He’s one of the…
Check out the companies making headlines in after-hours trading: Palantir Technologies — Shares of the defense tech company surged 21% after Palantir exceeded estimates on the top and bottom lines for the fourth quarter, and gave better-than-expected guidance for the full year. The company reported adjusted earnings of 14 cents per share while analysts polled…
Shana Novak | Stone | Getty Images President Donald Trump‘s steep tariffs on Canada, Mexico and China could worsen existing drug shortages in the U.S., raise health-care costs for patients and threaten cash-strapped generic drugmakers, some drug trade groups warn. Trump on Saturday announced he would impose a 25% tariff on nearly all goods shipped…
Check out the companies making headlines in midday trading: Stocks moving on tariffs — U.S. stocks are off their lows after the U.S. and Mexico said tariffs against the latter country would be delayed for one month. Initially, stocks dropped on tariffs announced over the weekend against key trading partners, with a 25% tax on…
Kate Whannel Political reporter EPA The UK is “not choosing between the US and the EU”, Prime Minister Sir Keir Starmer has said after President Donald Trump threatened the European Union with trade tariffs. Over the weekend, Trump announced 25% tariffs on Canada and Mexico, and said he would take similar action against the EU…
Republican presidential nominee former President Donald Trump, left, listens as investor Scott Bessent speaks on the economy in Asheville, N.C., Wednesday, Aug. 14, 2024. Matt Kelley | AP President Donald Trump has made Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection Bureau after firing former head Rohit Chopra over the weekend….
Michael Race Business reporter, BBC News Getty Images US President Donald Trump has sparked a trade war by announcing tariffs on imports from his country’s neighbours Canada and Mexico. Canada has responded in kind, and Mexico has also said it will retaliate. The three countries have deeply integrated economies and supply chains, with an estimated…
Check out the companies making headlines before the bell. Stocks moving on tariffs — U.S. stocks reacted to the new 25% tariffs President Donald Trump levied on Saturday on goods from Canada and Mexico, and 10% on China, effective at midnight Monday. Stocks suffering the most included automakers and suppliers, consumer goods makers, clothing companies,…
The Hollywood sign in Los Angeles on Jan. 22, 2024 Mario Tama | Getty Images News | Getty Images LOS ANGELES — President Donald Trump just launched a trade war with Hollywood’s best friend. Known as Hollywood North, Canada has been a bustling production hub for American film and television series for decades. In addition…
