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Trump’s policies have shaken Amazon
Volatility and uncertainty are rattling Amazon employees, suppliers, and sellers as a sudden wave of new tariffs takes effect. The turmoil has made forecasting and planning almost impossible, forcing teams to scramble for answers as President Donald Trump’s evolving trade policy shakes the largest e-commerce retailer in the United States. On Thursday, the market took […]Cryptopolitan
Fri, Apr 4
Other
North Carolina judges open door to tossing 60,000 ballots in high court race
Republican candidate for North Carolina Supreme Court trails by 734 votesDemocratic Justice Allison Riggs says ruling imperils over 60,000 ballotsAppeal to North Carolina Supreme Court expectedBy Nate RaymondApril 4 (Reuters) - A North Carolina appeals court on Friday sided with a Republican candida...Reuters
Fri, Apr 4
Stocks
Why Nike Stock Rose in a Brutal Day for the Market
Nike (NYSE: NKE) stock managed to post gains Friday despite another big sell-off for the broader market. The company's share ended the day's trading up 3%. The S&P 500 (SNPINDEX: ^GSPC), Nasdaq Composite (NASDAQINDEX: ^IXIC), and Dow Jones Industrial Average (DJINDICES: ^DJI) fell 6%, 5.8%, and 5.5%...The Motley Fool
Fri, Apr 4
Other
More US Senate Republicans voice support for congressional oversight on tariffs
Four Senate Republicans join Grassley in sponsoring billSenator Tillis cites worries over North Carolina farm productsDetails on Trump's tariff strategy wantedAttempts to undo tariffs could be blocked by pro-Trump RepublicansBy Richard Cowan WASHINGTON, April 4 (Reuters) - A U.S. Senate bill ...Reuters
Fri, Apr 4
Other
Intel, TSMC recently discussed chipmaking joint venture, the Information reports
April 3 (Reuters) - Intel INTC.O and Taiwan Semiconductor Manufacturing Co 2330.TW have recently discussed a preliminary agreement to form a joint venture to operate the U.S. chipmaker's factories, the Information reported on Thursday, citing two people involved in the discussions.TSMC, the worl...Reuters
Fri, Apr 4
Stocks
US refiners' shares hit near two-year lows as Trump tariffs spur fuel demand fears
Top refiners shed over $20 bln in market cap after new tariffsCrude futures slump 11% in week, fuel down 8%Analysts to re-examine fuel demand growthRefinery margins could be driven down to 2021 levelsBy Nicole Jao NEW YORK, April 4 (Reuters) - Shares of U.S. refiners fell to near two-year low...Reuters
Fri, Apr 4
Other
Trump administration drops Biden's proposal of Medicare weight-loss drug coverage
By Puyaan Singh April 4 (Reuters) - The Centers for Medicare & Medicaid Services said on Friday it did not move forward with a proposal put forth by the Biden administration for Medicare coverage of weight-loss drugs such as Novo Nordisk's NOVOb.CO Wegovy.U.S.-listed shares of Novo fell 1...Reuters
Fri, Apr 4
Other
Intel,TSMC Recently Discussed Agreement To Form Chipmaking Joint Venture- The Information
April 4 (Reuters) - INTEL, TSMC RECENTLY DISCUSSED AGREEMENT TO FORM CHIPMAKING JOINT VENTURE- THE INFORMATION INTEL AND TSMC REACHED PRELIMINARY AGREEMENT TO FORM A JOINT VENTURE WITH TSMC TAKING A 20% STAKE IN THE NEW COMPANY- THE INFORMATIONSource text: https://bit.ly/4iQnmExReuters
Fri, Apr 4
Stocks
Why JetBlue Stock Lost Serious Altitude Today
On an awful Friday for the stock market, JetBlue Airways (NASDAQ: JBLU) didn't quite manage to navigate through the storm. The airline's stock price took a nearly 6% hit, due in no small part to a rather assertive price target cut from an analyst. The dive didn't exactly make JetBlue an outlier, how...The Motley Fool
Fri, Apr 4
Other
SpaceX, ULA, Blue Origin clinch $13.5 billion-dollar Pentagon launch contracts
SpaceX emerges as dominant Pentagon launcherSpace Force to assign 54 missions through 2029SpaceX is world's most active launch companyBy Joey Roulette and Marisa Taylor WASHINGTON, April 4 (Reuters) - Elon Musk's SpaceX, United Launch Alliance and Jeff Bezos' Blue Origin on Friday...Reuters
Fri, Apr 4
Other
Glass Lewis Recommends American Express Shareholders Vote Against Shareholder Proposal On Eliminating DEI Goals From Compensation Inducements
April 4 (Reuters) - Glass Lewis:GLASS LEWIS RECOMMENDS AMERICAN EXPRESS SHAREHOLDERS VOTE AGAINST SHAREHOLDER PROPOSAL ON ELIMINATING DEI GOALS FROM COMPENSATION INDUCEMENTSReuters
Fri, Apr 4
Other
Jeffrey Epstein accuser ends 'sex slave' lawsuit against prominent psychiatrist
By Jonathan Stempel NEW YORK, April 4 (Reuters) - A former model on Friday ended her lawsuit that accused a prominent psychiatrist who was once close friends with Jeffrey Epstein of helping enable the disgraced late financier's sex trafficking, and turning her into a "modern-day sex slave...Reuters
Fri, Apr 4
Other
COLUMN-Column-In fight over video privacy, 1980s law still has teeth
By Jenna Greene April 4 (Reuters) - As a person of a certain age, I remember when the height of home entertainment was going to the video store to rent a movie.The technology is obsolete, but a 1988 law protecting the privacy of videotape renters continues to spark legal fights as judges grapple ...Reuters
Fri, Apr 4
Commodities
LIVESTOCK-CME cattle, hogs dive by daily limits as China tariffs fuel sell-offs
By Tom Polansek CHICAGO, April 4 (Reuters) - Chicago Mercantile Exchange cattle and hog futures plunged by their daily trading limits on Friday as another massive selloff in global stock markets increased fears about a potential recession that could hurt consumer demand for meat.Wall Street sank ...Reuters
Fri, Apr 4
Other
US Supreme Court lets Trump cut teacher training grants in DEI-related case
Judge in Boston blocked Trump teach training funding cutsAdministration says funds promoted "divisive ideologies"Trump moves to dismantle US Department of EducationBy Andrew ChungApril 4 (Reuters) - The U.S. Supreme Court allowed Donald Trump's administration on Friday to proceed with mi...Reuters
Fri, Apr 4
Commodities
CIF/FOB Gulf Grain-Soybean barge basis drops after China tariff increase
CHICAGO, April 4 (Reuters) - Spot basis bids for soybeans delivered by barge to U.S. Gulf Coast terminals fell sharply on Friday after China slapped steep tariffs on all American goods in a move that was seen stifling demand from the top customer for U.S. soy, traders said.* Spot cash bids for soybe...Reuters
Fri, Apr 4
Commodities
US Energy Dept identifies thousands of staff at risk of DOGE cuts, AP reports
WASHINGTON, April 4 (Reuters) - The U.S. Energy Department has identified thousands of staffers it has deemed as non-essential, including at its office that manages the country's nuclear weapons arsenal, who would not be protected in a second round of cuts, an Associated Press report said on Fri...Reuters
Fri, Apr 4
Stocks
Why Target Stock Slipped by Nearly 8% This Week
The stock market's steep fall this week claimed a lot of victims, among which were some onetime heavy investor favorites. One of these was veteran retailer Target (NYSE: TGT) which, according to data compiled by S&P Global Market Intelligence, lost nearly 8% of its value across the period. Investors...The Motley Fool
Fri, Apr 4
Other
EXCLUSIVE-Aircraft supplier Howmet may halt orders if hit by Trump tariffs, letter says
By Allison Lampert and Tim Hepher April 4 (Reuters) - Howmet Aerospace HWM.N, which supplies parts for planes built by Airbus AIR.PA and Boeing BA.N, may halt some shipments if they are impacted by tariffs announced by U.S. President Donald Trump, according to a letter seen by Reuters.Pittsburgh-...Reuters
Fri, Apr 4
