President Donald Trump’s reported interest in accepting a luxury Boeing 747-8 from Qatar’s ruling family—at an estimated value of \$400 million—has ignited fierce debate in Washington over the legality, ethics and optics of such a gift. The proposal envisions the Gulf state temporarily loaning its flagship jet to the U.S. military to serve as Air…
On Monday, President Donald Trump unveiled a sweeping executive order aimed at crushing what he described as “outrageously high” prescription drug prices in the United States. Touting the initiative as one of the most consequential in U.S. history, Trump vowed that Americans would soon pay between 30 and 80 percent less for medicines than they…
After months of escalating tariffs, heated rhetoric and threats of mutual economic damage, negotiators from Washington and Beijing emerged from two days of talks in Geneva this week with a shared announcement: a 90-day pause in most U.S. and Chinese duties. At first glance, the agreement represents a remarkable thaw in what had become a…
KindlyMD Inc. saw its stock price surge an astonishing 600 percent on Monday after the addiction-treatment provider announced a transformational merger with Nakamoto Holdings, a new bitcoin investment vehicle led by David Bailey, an influential cryptocurrency advisor to former President Donald Trump. The dramatic rally underscores investor enthusiasm for companies tapping into the red-hot digital…
Tesla’s new car registrations in Britain and Germany plunged to their lowest levels in over two years last month—even as overall electric-vehicle (EV) demand in both markets continued to climb. In April, Tesla sold just 512 vehicles in the U.K.—a 62 percent drop from 1,352 in the same month a year earlier—while German deliveries fell…
A shifting transatlantic landscape and the brutal realities of Russia’s invasion of Ukraine are driving Europe’s defence industry into a high-stakes talent war for artificial-intelligence experts. Where once top AI engineers looked to Silicon Valley, today many are arriving—or returning—to work on Europe’s cutting-edge battlefield systems. Industry leaders, start-up founders and recruits point to U.S.…
Starbucks’ ambitious turnaround has hit turbulence, as the global coffee chain grappled with a fourth consecutive quarter of same-store sales declines and shrinking profit margins. Despite bold promises from CEO Brian Niccol and a high-profile “Back to Starbucks” initiative, the company’s performance fell short of investor expectations. A confluence of factors—from inflated prices and menu…
Volvo Cars today announced an ambitious SEK 18 billion (approximately $1.87 billion) “cost and cash action plan” and simultaneously scrapped its financial outlook for both 2025 and 2026, after reporting a sharp collapse in first‐quarter profit amid weakening sales, mounting price pressure and rising trade‐policy headwinds. The Chinese‐owned Swedish automaker posted an operating profit of…
Seven & I Holdings, the parent of the 7-Eleven convenience chain, has signaled a major shift in strategy to offset the growing burden of U.S. import tariffs, warning that the chain’s roughly 12,000 North American stores will need to drive deep cost efficiencies and retool their supply networks to weather what incoming CEO Stephen Dacus…
Huawei’s newest Ascend 910D AI chip, designed to challenge Nvidia’s leading H100 processor, is entering its testing phase as Huawei seeks to close the performance gap and capitalize on U.S. export restrictions that have hampered its American rival. The Shenzhen-based company has begun distributing sample units of the Ascend 910D to select domestic technology partners,…
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