Business News - The Last 24 Hours

Auto giants ditch financial guidance as industry reels from Trump tariff chaos
CNBC - 26 min 47 sec ago
The corporate updates come shortly after Trump imposed a 25% tariff on automotive imports into the U.S. earlier in the month.

CNBC - Bank of Japan holds rates steady for second straight meeting as Trump tariffs threaten exports - 2 hours 31 min ago

FOX Business - First Solar stock price drops after investors react to executive's tariff comments - 11 hours 31 min ago

CGTN - Irish councilor: US tariffs a bad idea - 17 hours 31 min ago

Bloomberg - Big Oil’s Profits Are Taking a Hit Even Before Trump’s Tariffs Start to Bite - Bloomberg - 17 hours 58 min ago

Reuters - Aston Martin limits US exports, mulls pricing adjustment to offset tariff hit - Reuters - 19 hours 59 min ago

COMMENTARY:

New York Times - Trump’s Tariffs Lead Japan to Slash Its Economic Growth Forecast - 1 hour 22 min ago

The Independent - Kamala Harris flames Trump tariffs as ‘greatest man-made economic crisis in modern presidential history’ - 1 hour 28 min ago

The Straits Times - Meta's strong ad sales dampen tariff-induced fears - 2 hours 5 min ago

Indiatimes - Reckless tariffs, greatest economic crisis: Kamala Harris targets Trump's policies in first speech since election loss - 2 hours 20 min ago

SCMP - A stronger China waits to see which Trump adviser will come out on top on tariffs: sources - 3 hours 32 min ago

BusinessInsider - These 3 GOP senators voted to block Trump's sweeping tariffs - 5 hours 56 min ago

New York Post - White House ‘preparing’ farmer bailout plan over tariffs impact as industry faces ‘full-blown crisis’ - 8 hours 38 min ago

The Guardian - Meta to report quarterly earnings amid tariff uncertainty and AI investment - 11 hours 40 min ago

The Hindu - Trump's tariffs loom over economy as shipments from China fall - 22 hours 48 min ago

Sydney Morning Herald - 'Trump will be talking' to Australia over trade tariffs - 22 hours 51 min ago

AllAfrica - Kenya: China Affirms Clear Stance On Tariffs, Vows to Stand With Kenya in Global Trade Justice - 23 hours 59 min ago

Russia launches deadly drone attack on Odesa, governor says
BBC - 1 hour 54 min ago
Russian drones have killed at least two people and injured another five, the Odesa regional governor said.

RELATED:

BBC - North Korea: First road bridge to Russia 'significant' development - 5 hours 46 min ago

NDTV - Ukrainian Journalist Tortured, Had Organs Removed In Russian Custody: Report - 13 hours 8 min ago

Reuters - Ukraine struck Russian weapons factory, SBU security agency source says - Reuters - 18 hours 26 min ago

COMMENTARY:

Russia Today - Ukraine willing to ‘de facto give up’ land to Russia – Trump envoy - 1 hour 9 min ago

The Guardian - Release of Ukrainian prisoners in Russia key to any peace deal, rights groups say - 1 hour 40 min ago

The Independent - Ukraine-Russia war latest: Kyiv and US sign vital minerals deal after Trump softens demands - 1 hour 55 min ago

BusinessInsider - Ukraine says its long-range drones struck a Russian factory making ignition systems for weapons and set it on fire - 13 hours 56 min ago

Indiatimes - 'Putin open to peace deal but…’: Kremlin sets conditions as Trump presses Russia to end Ukraine war - 16 hours 25 min ago

What we know about US-Ukraine minerals deal
BBC - 2 hours 13 min ago
The deal sets up an investment fund to search for minerals, and set outs how revenues would be split.

RELATED:

BBC - What minerals does Ukraine have and what are they used for? - 3 hours 57 sec ago

Deutsche Welle - US, Ukraine sign 'investment' deal for natural resources - 3 hours 48 min ago

NDTV - US, Ukraine Sign Minerals Deal: Reports - 6 hours 34 min ago

Bloomberg - US & Ukraine have signed the closely watched minerals deal - Bloomberg cite unnamed source - Forexlive | Forex News, Technical Analysis & Trading Tools - 8 hours 7 min ago

Reuters - Kyiv is ready to sign resources deal with US, Ukraine government source says - Reuters - 17 hours 50 min ago

COMMENTARY:

The Independent - What are Ukraine’s rare earth minerals, where are they and what does this deal with Trump involve? - 47 min 20 sec ago

Russia Today - Tucker Carlson accuses Ukrainians of trying to kill Trump - 3 hours 16 min ago

Sydney Morning Herald - US, Ukraine sign deal giving America ‘preferential access’ to minerals wealth - 6 hours 46 min ago

Indiatimes - Ukraine poised to sign much anticipated mineral resources deal with the US on Wednesday - 15 hours 48 min ago

SCMP - Kyiv ready to sign resources deal with US, Ukraine government source says - 16 hours 47 min ago

The Guardian - Inside Taganrog: beatings, electrocution and starvation at prison where Ukrainians were tortured - 20 hours 40 min ago

India Dials Non-Permanent Members Of UN Security Council On Pahalgam Attack
NDTV - 2 hours 41 min ago
In the wake of a deadly terror attack in Jammu and Kashmir's Pahalgam that claimed 26 civilian lives, India has reached out to its counterparts from eight non-permanent member nations of the United Nations Security Council (UNSC).

NDTV - Pakistan's ISI Chief Mohammad Asim Malik's New Role Amid India-Pakistan Tensions - 4 hours 16 min ago

Deutsche Welle - India-Pakistan tensions: Where does the EU stand? - 11 hours 21 min ago

Bloomberg - What’s Behind the Enduring India-Pakistan Conflict? - Bloomberg.com - 15 hours 48 min ago

COMMENTARY:

SCMP - How India is waiting in the wings to seize China-rejected Boeing planes - 1 hour 10 min ago

Indiatimes - 'Why do Indians travel to Europe via Pakistan-friendly Istanbul?' Calls grow to suspend flights, rethink ties with Turkey - 1 hour 14 min ago

US judge refers Apple for possible criminal contempt
BBC - 3 hours 46 min ago
The tech giant had been ordered in 2021 to allow greater competition and open the App Store up to outside payment options.

COMMENTARY:

BusinessInsider - The best Apple Watch in 2025: How to choose the right smartwatch - 12 hours 15 min ago

Indiatimes - Apple iPhone 17: Design, features, and specifications leaked — What will be the price? - 14 hours 15 min ago

Trump tells business chiefs he needs 'little bit of time' as US economy shrinks
BBC - 3 hours 56 min ago
The US president blames the first quarterly GDP decline in three years on his Democratic predecessor.

RELATED:

BBC - Are We (Finally) About to See a US-Ukraine Minerals Deal? - 10 hours 44 min ago

NDTV - US Economy Shrinks By 0.3%, Trump Says "Nothing To Do With Tariffs" - 13 hours 37 min ago

Deutsche Welle - US economy shrinks by unexpected 0.3% - 14 hours 53 min ago

FOX Business - US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh - 17 hours 8 min ago

COMMENTARY:

SCMP - Japan urged to reduce US reliance amid Trump uncertainty, and embrace Global South - 4 hours 10 min ago

Indiatimes - Senate rejects bill to undo Trump's tariffs as US economy shrinks - 4 hours 16 min ago

The Guardian - Democrats rally at US Capitol to decry ‘failure’ of Trump’s first 100 days - 8 hours 42 min ago

Sydney Morning Herald - US economy shrinks in first quarter as Trump tariffs disrupt business - 10 hours 3 min ago

New York Post - Mortgage demand drops to lowest in two months as would-be homebuyers wary of US economy - 14 hours 10 min ago

BusinessInsider - The US economy unexpectedly shrank in the first quarter of the year as businesses prepared for tariffs - 17 hours 8 min ago

Who’s investing in America? 23 big companies that just promised billions under Trump
FOX Business - 4 hours 20 min ago
Trump hosted top CEOs at the White House to announce over $8 trillion in U.S. investments. From AI chips to steel, here’s who’s betting big on “Made in America."

RELATED:

NDTV - Trump Says Canada's Carney Wants To Make A Deal, Will Visit US Soon - 6 hours 4 min ago

BBC - 'We don't care': A defiant China looks beyond Trump's America - 7 hours 46 min ago

FOX Business - USPS helping Trump administration's deportation push: report - 8 hours 31 min ago

CNBC - Elon Musk bids farewell — sort of — to Trump Cabinet, claims DOGE saved $160 billion - 11 hours 35 min ago

Deutsche Welle - Trump scales back US diplomacy in Africa - 13 hours 1 min ago

Bloomberg - Trump Says He's Off to Best Start as President. The Economy Says Something Else - Bloomberg.com - 14 hours 40 min ago

Reuters - US carbon capture storage hit by inflation, Trump - Reuters - 18 hours 51 min ago

COMMENTARY:

Indiatimes - Crypto industry descends on Dubai as Trump euphoria recedes - 1 hour 2 sec ago

SCMP - How Trump deal, Pakistan could derail India’s warming China ties - 1 hour 40 min ago

The Guardian - Kamala Harris to step back into spotlight to give sharp critique of Trump - 3 hours 41 min ago

The Independent - Trump says he would ‘love’ to see ESPN pundit Stephen A. Smith run for president - 3 hours 42 min ago

Sydney Morning Herald - Australian billionaire Anthony Pratt gets a shout-out from Trump at the White House - 6 hours 34 min ago

BusinessInsider - Trump just put US retailers in an impossible situation - 8 hours 27 min ago

Russia Today - Dmitry Trenin: Here’s why Trump’s foreign policy is calculated, not chaotic - 9 hours 2 min ago

New York Times - Under Trump, Stocks Have the Worst Start to a Presidential Term Since 1974 - 14 hours 28 min ago

Microsoft quiets critics, delivers the kind of quarter worthy of its post-earnings stock pop
CNBC - 4 hours 56 min ago
Microsoft delivered a strong quarter Wednesday evening, with beats nearly across the board.

NDTV - Facing Trump, Microsoft Vows To Protect Europeans' Data - 16 hours 38 min ago

Reuters - Microsoft president says company respects European laws amid US criticism - Reuters - 20 hours 56 min ago

COMMENTARY:

BusinessInsider - Microsoft CFO hypes up AI agents in an internal memo about Q3 earnings - 7 hours 26 min ago

The Guardian - Microsoft to report earnings as AI financial boom shows no sign of slowing - 9 hours 54 min ago

New York Post - As much as 30% of Microsoft code now written by AI, CEO Satya Nadella says - 13 hours 5 min ago

Indiatimes - Meta introduces Llama API; Nadella says as much as 30% of Microsoft code is written by AI - 23 hours 35 min ago

Despite Starbucks' earnings miss, Jim Cramer says CEO Brian Niccol can carry out turnaround
CNBC - 5 hours 56 min ago
CNBC's Jim Cramer on Wednesday expressed faith in Starbucks CEO Brian Niccol's ability to execute a turnaround.

RELATED:

CNBC - Yum Brands CEO says company is 'pretty insulated' from tariff woes - 6 hours 20 min ago

Reuters - Nvidia CEO says Trump should revise AI chip export rules, Bloomberg News reports - Reuters - 13 hours 51 min ago

FOX Business - Ford CEO goes under the hood of massive Kentucky plant, says it’s what Trump is 'trying' to do - 13 hours 57 min ago

Bloomberg - Nvidia CEO Says Trump Should Revise Rules for AI Chip Exports - Bloomberg.com - 15 hours 37 sec ago

COMMENTARY:

Indiatimes - 'Going to build NVIDIA's next gen technology here in US': CEO Jenseng Huang - 3 hours 51 min ago

SCMP - Nvidia CEO urges Trump to change rules for AI chip exports to spread US tech globally - 3 hours 53 min ago

BusinessInsider - Hilton CEO says travelers are in 'wait-and-see mode' - 6 hours 59 min ago

New York Times - Do CEOs Dare Risk Tariff Transparency, and Draw Trump’s Fury? - 17 hours 37 min ago

AllAfrica - Liberia: 'Strength in Safety' - Arcelormittal Mining Global CEO Silva Champions Culture Beyond Compliance - 19 hours 7 min ago

The Hindu - IndusInd Bank shares decline over 3% as CEO Sumant Kathpalia steps down - 23 hours 23 min ago

Putin Says Reverting To Stalingrad Name Up To City Residents
NDTV - 6 hours 47 min ago
Kremlin leader Vladimir Putin said on Wednesday it was up to residents of Volgograd to decide whether the city should revert to the name of Stalingrad, as it was called when Soviet forces defeated Nazi invaders in World War Two's bloodiest battle.

Goldman Sachs CEO says markets will 'settle down' after a 'reset of expectations'
FOX Business - 6 hours 59 min ago
Goldman Sachs CEO David Solomon told Bloomberg as policy uncertainty declines, activity in capital markets will increase in response to new expectations.

Exclusive: Ford kills project to develop Tesla-like electronic brain - Reuters
Reuters - 7 hours 14 min ago
Exclusive: Ford kills project to develop Tesla-like electronic brain Reuters

COMMENTARY:

New York Post - Tesla board chair Robyn Denholm sells $32M in stock — bringing total sold to more than $150M - 12 hours 50 min ago

BusinessInsider - Why Tesla needs a different kind of CEO - 18 hours 3 min ago

Amazon to spend $4 billion on small town delivery expansion
CNBC - 8 hours 41 min ago
Amazon announced it will spend $4 billion by the end of 2026 on expanding deliveries to small towns in rural America.

RELATED:

CNBC - Trump-Bezos call sets stage for tense earnings report from Amazon - 12 hours 40 min ago

Deutsche Welle - Amazon denies plans to show tariff effects after Trump fury - 22 hours 42 min ago

COMMENTARY:

BusinessInsider - Amazon's Summer Beauty event includes deals on Laneige, Kiehl's, and Revlon - 12 hours 11 min ago

Indiatimes - A livid Trump dials Jeff Bezos after White House accuses Amazon of 'hostile, political' act - 14 hours 4 min ago

New York Post - Amazon takes first step toward satellite internet service to rival Elon Musk’s Starlink - 18 hours 19 min ago

Hawaiian Airlines flight declares emergency after a mobile device gets stuck in seat, emits 'electrical smell'
FOX Business - 9 hours 7 min ago
A Tokyo-bound Hawaiian Airlines flight declared an emergency on Monday "out of an abundance of caution" after a mobile device lodged in a seat produced an "electrical smell."

COMMENTARY:

BusinessInsider - A Hawaiian Airlines flight declared an emergency after a passenger's phone got stuck in a seat and produced an 'electrical smell' - 17 hours 50 min ago

Italian restaurant chain files for bankruptcy again, closes locations
FOX Business - 11 hours 23 sec ago
Bertucci’s, an Italian restaurant chain with locations along the East Coast, has filed for bankruptcy for the third time since 2018 and closed seven restaurants across three states.

COMMENTARY:

The Independent - Big Lots announces plans to reopen 132 stores that were closed during bankruptcy last year - 14 hours 9 min ago

White House moving 'as fast as possible' on India trade deal, Navarro says
CNBC - 11 hours 5 min ago
Investors and consumers are growing skeptical that Trump can execute a series of bilateral trade agreements in time to avoid crippling U.S. imports and exports.

COMMENTARY:

SCMP - Trump believes in ‘good chance’ of China trade deal as US envoy says no talks under way - 1 hour 33 min ago

Indiatimes - "We're in a strong position": Trump teases trade deals with India, South Korea, Japan - 4 hours 40 min ago

BusinessInsider - Here are the countries betting markets think are most likely to strike a trade deal with the US by July - 15 hours 17 min ago

India Closes Airspace For All Pak Flights Days After Kashmir Terror Attack
NDTV - 11 hours 54 min ago
Six days after Pakistan decided to shut its airspace to all flights owned and operated by Indian carriers, New Delhi has announced a reciprocal move by shutting down its airspace to all Pakistan owned and operated planes.

COMMENTARY:

Indiatimes - India, Egypt decide to work on technology abetting terror & terror financing - 3 hours 29 min ago

Meta, App Makers Launch Washington Lobby to Fight Apple and Google - Bloomberg.com
Bloomberg - 14 hours 52 min ago
Meta, App Makers Launch Washington Lobby to Fight Apple and Google Bloomberg.com

COMMENTARY:

New York Post - Google CEO Sundar Pichai testifies ‘extraordinary’ DOJ remedies would cause ‘many unintended consequences’ - 11 hours 59 min ago

BusinessInsider - Alphabet CEO Sundar Pichai says the government is risking the privacy of Google users in their 'most vulnerable moments' - 14 hours 9 min ago

Google CEO says proposed antitrust fix would discourage innovation - Reuters
Reuters - 15 hours 5 min ago
Google CEO says proposed antitrust fix would discourage innovation Reuters

RELATED:

NDTV - Google CEO Sundar Pichai To Take Stand At Search Antitrust Trial - 18 hours 44 min ago

Here's what experts say about selling gold jewelry for cash
CNBC - 15 hours 25 min ago
Gold prices hit record highs this month, signaling it may be a good time for consumers to sell jewelry and other physical gold. Here's what to know.

COMMENTARY:

The Hindu - High prices no deterrent as gold shines on Akshaya Tritiya - 12 hours 59 min ago

BusinessInsider - Investor of the Month: Meet a gold-fund manager up 23% this year - 14 hours 41 min ago

AllAfrica - Malawi: From Green Gold to Fool's Gold? Tobacco Farmers Left in the Dust As Nyasa's 'Rewarding Prices' Ring Hollow - 15 hours 55 min ago

Indiatimes - Gold price forecast: Why did gold fall below $3,300 and what Trump's new China tariffs and upcoming US jobs data mean for gold’s next big move - 17 hours 22 sec ago

Roth conversions are popular when the stock market dips. Here's how to know if one is right for you
CNBC - 16 hours 11 sec ago
Roth conversions are a popular strategy when the stock market dips. Here's how to know if it's right for you.

RELATED:

FOX Business - Donald Trump's first 100 days: How has stock market performed? - 18 hours 40 min ago

COMMENTARY:

The Independent - Trump’s stock market in his first 100 days wasn’t just among the worst ever - it might have cost you thousands - 9 hours 4 min ago

Indiatimes - US stock market sees worst first 100 days under any president since 1973, what may happen in Donald Trump's next 100 days in tenure? - 13 hours 32 min ago

BusinessInsider - 3 reasons market pros see more pain coming for the stock market - 14 hours 40 min ago

Trump blames Biden 'overhang' after GDP shrinks in first quarter, says growth will 'take a while'
CNBC - 16 hours 12 min ago
President Donald Trump blamed his predecessor and defended his sweeping tariffs after new data showed the U.S. economy contracting last quarter.

COMMENTARY:

Indiatimes - Leavitt dubs Biden ‘mentally incompetent’, says Trump ‘cleaning up’ former president's ‘messes’ - 1 hour 21 min ago

BusinessInsider - Trump blames Biden for stock market weakness. Is that fair? We debated. - 9 hours 14 min ago

The Guardian - Trump administration to cancel $1bn in Biden-era school mental health grants - 9 hours 26 min ago

The Straits Times - US economy contracts in first quarter; Trump says ‘be patient’, blames Biden - 16 hours 36 min ago

Private sector added 62,000 jobs in April, well below expectations, ADP says
FOX Business - 17 hours 19 min ago
The figure reported on Wednesday is well below economists’ estimates of 115,000 jobs and also down sharply from the prior month’s reading of 155,000 jobs.

COMMENTARY:

SCMP - US-China trade war putting thousands of American jobs at risk, business lobby group warns - 15 hours 40 min ago

Hackers target the Co-op as police investigate major cyber attack on M&S
BBC - 17 hours 24 min ago
The retailer says it's disabled parts of its IT systems in response to the incident.

RELATED:

BBC - Co-op fends off hackers as police probe M&S cyber attack - 17 hours 24 min ago

COMMENTARY:

The Guardian - Marks & Spencer cyber-attack: products run short in some stores - 19 hours 46 min ago

Wall Street is anxious to hear Apple CEO Tim Cook's first public comments on tariffs
CNBC - 17 hours 40 min ago
The most anticipated part of Apple's Thursday earnings will be CEO Tim Cook's comments on how the company is dealing with President Donald Trump's tariffs.

COMMENTARY:

BusinessInsider - Meta earnings live updates: Wall Street watching for AI spending, impact of tariffs on advertising - 15 hours 39 min ago

SCMP - Wall Street sinks following signals of sputtering US economy - 15 hours 39 min ago

Homebuyer mortgage demand drops further, as economic uncertainty roils the housing market
CNBC - 18 hours 12 min ago
Mortgage rates didn't move much last week, and neither did homebuyers who are less concerned with rates and more worried about their finances and their jobs.

COMMENTARY:

Indiatimes - U.S economy in dire straits? Housing market roiled as mortgage demand drops and hiring slows - 10 hours 38 min ago

China's CATL to launch Hong Kong listing in May but some advisers warn about trade risks, sources say - Reuters
Reuters - 20 hours 44 min ago
China's CATL to launch Hong Kong listing in May but some advisers warn about trade risks, sources say Reuters

COMMENTARY:

SCMP - Who is better off after MPF mechanism abolition, Hong Kong workers or bosses? - 19 min 21 sec ago

Germany's economy expands by 0.2% in the first quarter, in line with expectations
CNBC - 21 hours 16 sec ago
A Reuters poll had projected 0.2% growth from the previous quarter.

COMMENTARY:

Indiatimes - Germany's SPD members back coalition with conservative leader Friedrich Merz - 21 hours 31 min ago

German economy grew by 0.2% in first quarter, skirting recession - Reuters
Reuters - 21 hours 27 min ago
German economy grew by 0.2% in first quarter, skirting recession Reuters

COMMENTARY:

Indiatimes - As U.S economy shrinks in Q1, the buzz word around town is recession; here's what experts are saying - 13 hours 1 min ago