GM slashes guidance with up to US$5 billion hit from tariffs
General Motors cut its full-year profit outlook citing as much as US$5 billion of exposure to auto tariffs, among the biggest financial hits revealed by any company so far from President…
Swedan Margen
I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.
Tesla chair denies plans to look for new CEO to replace Musk
Tesla chair Robyn Denholm on Thursday (May 1) denied a Wall Street Journal report that said board members had reached out to executive search firms to find a new replacement for CEO Elon…
Big Tech’s fortunes diverge as AI powers cloud, tariffs hit consumer electronics
The fortunes of Big Tech are diverging in a rapidly changing business landscape, as demand for artificial intelligence fuels growth in cloud and digital ads while consumer electronics take…
A Day at Boston’s Isabella Stewart Gardner Museum
Superbly restored rooms, a show on the art of vodou, and energy and élan at a New England treasure. Source link
Mark Carney, Eh?
Will Canada suffer through even worse federal policy than it did with Justin Trudeau over the past ten years? Source link
The Democrats Don’t Know Who They Are
Their positions keep shifting depending on where Trump is. Source link
Illegal Aliens Aren’t Fugitive Slaves
The twisted morality of sanctuary policies. Source link
Minnesota Had the Nation’s Worst Covid Fraud. Where Was Keith Ellison?
The fraud on his watch represents one of the greatest failures of a public official in the state’s history. Source link
Progressive Environmentalism and Autos: Another Example of the Law of Unintended Consequences
Small, efficient cars are increasingly rare, thanks to overly aggressive fuel-economy standards. Source link
The plight of Pierre, &c.
On the Canadian election, Senate Republicans, Tin Pan Alley, and more. Source link
HHS Report Finds No Strong Evidence Supporting ‘Gender-Affirming Care’ Effectiveness
The review commissioned by Trump warns of the potential for ‘clinical recklessness’ where minors are concerned. Source link
BYD breaks ground on Cambodia EV plant as part of global expansion
CHINESE carmaker BYD has broken ground on a US$32 million passenger electric vehicle (EV) plant in Cambodia, marking its latest move to localise production as part of a broader global…
An investor’s guide to navigating the Australian election
THE outcome of Australia’s tight federal election could be the next catalyst for local assets as a tariff standoff between the US and China continues to rattle markets. The benchmark…
A month after Trump’s tariff madness, shockwaves still being felt around the world
If US President Donald Trump’s sole intention was to tank the US economy, he could not have done a more efficient job of it than his recent actions that have effectively caused a global…
Telegram weighs US$2 billion bond sale to refinance 2021 debt
[DUBAI/LONDON] Telegram is holding investor meetings about a bond sale worth about US$2 billion as the social media app seeks to refinance its debut debt offering from 2021,…
Bank of Japan keeps rates steady, cuts growth forecasts
The Bank of Japan (BOJ) kept interest rates steady and cut its growth forecasts on Thursday (May 1), as uncertainty surrounding US tariffs clouds the outlook for the world’s fourth-largest…
Bank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
The Bank of Japan (BOJ) kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty surrounding US tariffs and the hit to exports could keep…
Tesla board opened search for a CEO to succeed Elon Musk: report
Tesla board members about a month ago reached out to several executive search firms to find a successor for CEO Elon Musk, The Wall Street Journal (WSJ) reported on Wednesday (Apr…
Hunter Biden drops lawsuit against IRS
Hunter Biden on Wednesday canceled a lawsuit that had accused the IRS of illegally trying to "embarrass" him by sharing his private tax information with the public. Source link
Airbus tells US airlines they’ll need to pay their own tariffs
Airbus said it will not cover the cost of tariffs on its planes imported by US airlines, setting up a clash with carriers unwilling to shoulder surcharges imposed by US President Donald…
Trump says tariffs will force 'transition period' on some companies, promises to be 'flexible'
President Trump said there will be a "transition period" for some companies as his tariffs work themselves out and encourage greater reliance on U.S. products throughout the supply chain.…
Trump bashes 'fake polls' and touts November win
President Trump slammed the "fake polls" that show his approval rating as president is slipping. Source link
Couche-Tard clinches deal to deepen Seven & i Takeover talks
Alimentation Couche-Tard and Seven & i Holdings have signed a non-disclosure agreement that will give the Canadian company access to the 7-eleven operator’s financial data as it seeks to…
Apple must halt non-App Store sales commissions, judge says
Apple Inc. violated a court order requiring it to open up the App Store to third-party payment options and must stop charging commissions on purchases outside its software marketplace, a…