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Trump’s tariffs are affecting unlikely industries, targeting America’s cosmetic and weight loss markets
Later today, President Donald Trump is expected to announce sweeping tariffs on “all countries” intended to re-balance global trade and boost US manufacturing. Industries are bracing for impact and so are wrinkle-haters. This is because the cosmetic industry is in trouble if the EU is slapped with tariffs. According to data from the US Trade […]Cryptopolitan
Wed, Apr 2
Other
Senate committee plans to subpoena US Army helicopter safety memo
WASHINGTON, April 2 (Reuters) - Senate Commerce Committee chair Ted Cruz said Wednesday the panel plans to subpoena the U.S. Army to force the military to turn over a 2024 report detailing why the Army routinely failed to use a safety system known as ADS-B on helicopter flights around Reagan Washing...Reuters
Wed, Apr 2
Commodities
Tin rallies to near three-year peak on tightness, short-covering
By Eric Onstad LONDON, April 2 (Reuters) - Tin prices jumped to their highest levels in nearly three years on Wednesday as traders scrambled to line up supplies and speculators juggled positions following disruptions in two major tin-rich countries.Tin on both the London Metal Exchange (LME) and ...Reuters
Wed, Apr 2
Stocks
Trump Media & Technology falls after report of potential $2.3 billion stake sale
** Truth Social owner Trump Media & Technology Group's DJT.O shares fall 8.2% to $18.59** Shares hit a near six-month low earlier in the session ** Co files for primary offering of up to ~8.4 mln shares of common stock and secondary offerings of up to 134.07 mln shares ** Resale shares re...Reuters
Wed, Apr 2
Other
US Supreme Court tosses ruling faulting FDA for denying flavored vape products
By John Kruzel WASHINGTON, April 2 (Reuters) - The U.S. Supreme Court threw out on Wednesday a judicial decision that found the U.S. Food and Drug Administration acted unlawfully in refusing to let two e-cigarette companies sell flavored vape products that regulators consider a health risk to you...Reuters
Wed, Apr 2
Stocks
Petco jumps after CEO discloses stock purchase
** Shares of Petco Health and Wellness WOOF.O jump 12.7% early Weds to $3.34, after hitting over two-mth high, following CEO disclosure of stock purchases** CEO Joel Anderson bought nearly 1.6 mln shares recently, bringing his holdings to ~3.2 mln shares, per SEC filing late Tues** San Diego, Califo...Reuters
Wed, Apr 2
Stocks
Which Growth Stock Is Cheaper, Cava Group or Wingstop?
It's been a rough start to 2025 for restaurant chains Cava Group (NYSE: CAVA) and Wingstop (NASDAQ: WING), with both stocks down around 24% and 21%, respectively (as of March 31).Losing that much value in a few months isn't ideal. But if there's any silver lining, it's that both stocks are now much ...The Motley Fool
Wed, Apr 2
Commodities
US Supreme Court rejects medical marijuana firm's bid to avoid racketeering suit
Plaintiff Douglas Horn sued San Diego-based companyJustice Barrett authored Supreme Court's 5-4 ruling By John Kruzel WASHINGTON, April 2 (Reuters) - The U.S. Supreme Court ruled on Wednesday against Medical Marijuana Inc MJNA.PK in its bid to fend off a lawsuit by a commercial truck driver ...Reuters
Wed, Apr 2
Other
Val Kilmer, star of 'Top Gun' and 'The Doors,' dies at 65
Played Iceman in 'Top Gun,' Jim Morrison in 'The Doors' Combined matinee-idol looks with intense performance styleBy Will DunhamApril 2 (Reuters) - American actor Val Kilmer, who starred in films such as "Top Gun," "The Doors", "Tombstone" and "Batman Fore...Reuters
Wed, Apr 2
Stocks
LIVE MARKETS-BofA clients haven't been positioning for recession
All main indexes red, Nasdaq down ~0.5%Energy weakest S&P 500 sectorEuro STOXX 600 index off ~1%Dollar dips; crude ~flat; bitcoin, gold gainUS 10-Year Treasury yield edges down to ~4.14%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your ...Reuters
Wed, Apr 2
Other
ADVISORY-Alert on deal wrongly tagged to Market Connections Asia PCL withdrawn
An alert on Mobile Communications America, a wireless communications solutions provider acquiring Presidio's physical security integration business, has been withdrawn as it was incorrectly tagged to Thailand-based event marketing company, Market Connections Asia PCL MCAm.BK, an unrelated compan...Reuters
Wed, Apr 2
Other
NATO allies have pledged over $21 bln in aid to Ukraine in 2025, Rutte says
BRUSSELS, April 2 (Reuters) - NATO allies have pledged more than 20 billion euros ($21.65 billion) in military support for Ukraine in the first three months of the year, NATO Secretary General Mark Rutte said on Wednesday.Foreign ministers from the alliance meet in Brussels on Thursday and Friday to...Reuters
Wed, Apr 2
Commodities
US Supreme Court rejects medical marijuana firm's bid to avoid racketeering suit
By John Kruzel WASHINGTON, April 2 (Reuters) - The U.S. Supreme Court ruled on Wednesday against Medical Marijuana Inc MJNA.PK in its bid to fend off a lawsuit by a commercial truck driver who was fired for failing a drug test after taking cannabidiol, or CBD, that he said was falsely sold as lac...Reuters
Wed, Apr 2
Commodities
With cellars overflowing, wine makers in Spain's Rioja fret over US tariffs
Rioja wine stockpiles surge post-pandemic amid global demand dipTrump has floated 200% tariffs on European wine Rioja kept US market share under past tariffs but margins shrankBy Vincent West FUENMAYOR, Spain, April 2 (Reuters) - Stockpiles of wine in Spain's Rioja region have swelled since t...Reuters
Wed, Apr 2
Other
US issues new Russia-related sanctions -Treasury Dept website
WASHINGTON, April 2 (Reuters) - The United States issued new Russia-related sanctions on Wednesday, adding five people and four entities to its list of specially designated global terrorists, according to the Treasury Department website.Reuters
Wed, Apr 2
Stocks
TKO rises on unit UFC's deal with Meta
** Shares of live entertainment company TKO Group TKO.N rise 1.4% to $155** UFC, part of TKO Group, has announced a multi-year deal to make Meta META.O its first "official fan technology partner"** Financial terms of the partnership were not disclosed** Including session's move, TKO up 8...Reuters
Wed, Apr 2
Stocks
LIVE MARKETS-US stocks hunker down ahead of Trump tariffs
Main US indexes modestly red; Nasdaq off most, down ~0.5%All S&P 500 sectors decline; Cons Disc weakest groupEuro STOXX 600 index off falls ~1.1%Dollar, crude slip; bitcoin edges up; gold gainsU.S. 10-Year Treasury yield dips to ~4.13%Welcome to the home for real-time coverage of markets brought...Reuters
Wed, Apr 2
Cryptocurrencies
Japan’s Metaplanet Doubles Down On Bitcoin With 160 BTC Buy
Metaplanet has purchased an additional 160 Bitcoin worth $13.39 million, pushing its total holdings to 4,206 BTC, according toMetaplanet CEO Simon Gerovich. The Japanese company paid about 12.49 million yen ($80,063) per Bitcoin in this latest acquisition, according to a statement released April 2. ...Bitcoinist
Wed, Apr 2
