SAN FRANCISCO — Apple on Thursday reported sales and profit that far surpassed expectations, showing that its efforts to re-route its sprawling global supply chain away from U.S. President Donald Trump’s trade war have so…
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The Canadian province of Ontario has canceled a C$100 million ($68.12 million) satellite high-speed internet contract with Elon Musk’s company Starlink, following through with a vow by the province’s premier to cut ties in retaliation…
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President Donald Trump on Wednesday signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries. The order, which takes effect Aug. 29, will subject any shipments of imported…
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The canned cocktail maker High Noon is warning customers that some of its vodka seltzers were accidentally labeled as Celsius energy drinks. In a recall notice posted to the Food and Drug Administration’s website, High…
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July 29 (Reuters) – Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create the country’s first coast-to-coast freight rail operator and reshape the movement of goods…
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After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership. Ortberg, a longtime aerospace executive and an engineer whom the manufacturer plucked from retirement…
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Business
Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics
by adminSamsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to Tesla, based on a regulatory filing by the South Korean firm and Tesla CEO Elon Musk’s posts on X. The memory chipmaker,…
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Business
Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025
by adminPalantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable U.S. companies. The provider of software and data analytics technology to defense agencies saw its stock…
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Microsoft has laid off over 15,000 people so far in 2025. The stress of the belt-tightening has gotten to CEO Satya Nadella. “Before anything else, I want to speak to what’s been weighing heavily on…
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Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a tectonic shift in ownership of one of America’s three major networks. The Federal…