Articles Posted in the " Business News " Category
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Prada to make a decision on Versace takeover deal this week, source says
By: Elina S. Italian luxury group Prada is set to make a decision this week about a potential..
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JPMorgan raises risk of recession to 60% as Trump tariff turmoil upends markets worldwide
By: James F. JPMorgan has raised its likelihood of the US economy entering a recession..
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Apple loses $311B in market value as Trump tariffs threaten China-heavy supply chain
By: Thomas B. Apple lost a whopping $311 billion in market value in trading Thursday..
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Canada’s PM fires back at Trump’s Liberation Day tariffs with new levy on imported vehicles
By: Ronny R. Canada will hit the US with a reciprocal 25% tariff on all..
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Judge rejects Johnson & Johnson’s $10B settlement to end baby powder lawsuits
By: Elina S. A US bankruptcy judge on Monday rejected Johnson & Johnson’s $10 billion..
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FTC concerned about privacy protections in 23andMe bankruptcy
By: Elina S. The Federal Trade Commission is concerned about the potential sale or transfer..
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US to revoke authorizations to foreign partners of Venezuela’s PDVSA, sources say
By: Elina S. The US government has notified foreign partners of Venezuelan state oil company PDVSA..
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Charlie Javice, founder of fintech startup Frank, convicted of defrauding JPMorgan out of $175M
By: Ariel Z. Charlie Javice, the founder of student-finance startup Frank, was convicted on Friday..
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FCC to probe Disney over DEI practices: ‘Going to get to the bottom of everything’
By: Alexandra S. The Federal Communications Commission launched an investigation into Disney over its controversial..
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Canada bars Tesla from future EV rebate programs, freezes payments amid Trump tariff war
By: Thomas B. Canada has banned cars made by Elon Musk’s Tesla from future electric..
