Porsche plans more cost cuts to counter tariffs, China slump
It will start negotiations on additional reductions in the second half of this year [Stuttgart] Porsche warned its employees to brace for further cost reductions as the luxury-car…
Tag
cost
US firms passing some cost hikes to consumers: Fed survey
Many US firms passed along “at least a portion of cost increases” to consumers in recent weeks, as businesses faced higher prices linked to President Donald Trump’s tariffs, the Federal…
This beloved retro gaming computer is making a comeback—and it’ll cost you $299
Tech nostalgia runs strong among Gen Z. The retro movement has made long-outdated devices desirable once more. When it comes to personal computer nostalgia, you’d be hard-pressed to find a…
White House slams Powell over Fed finances, project cost overruns
THE White House on Thursday launched a fresh attack on Federal Reserve Chair Jerome Powell, with a top Trump administration official saying Powell had “grossly mismanaged” the central…
The Cost of ‘Common Sense’
Regulation should rest on evidence, not intuition. Source link
What Are Bunker Busters? 15-Ton GBU-57A/B Bomb that Cost $500 Is the Only Weapon that Could Destroy Fordow Nuclear Facility
A 15-ton "bunker buster" bomb was likely needed to destroy Iran's final remaining nuclear facility — a weapon only the United States possesses. The extremely powerful weapon is the largest…
Cheap AI Tools May Come at a Bigger Long-Term Cost
Zhang says his company makes money on each individual conversation after excluding certain overhead costs, but he declined to comment on the startup’s overall profitability. With $100…
Trump’s Decision to Send Troops to L.A. Will Cost Jaw-Dropping Sum
Defense Secretary Pete Hegseth revealed that the president’s plan to use the military against U.S. citizens will cost taxpayers a jaw-dropping sum. Testifying before the House…
The trade war will cost 7 million jobs in 2025, according to a UN report. Here’s the breakdown
The International Labor Organization (ILO), an agency of the United Nations, has downgraded its global employment forecast for 2025, saying “the global economy is growing at a slower pace…
Pee-wee Herman and the Cost of Dividing Yourself in Two
One of the pivotal turns in Paul Reubens’s life happened years before Pee-wee Herman, years before the “Playhouse,” years before the arrests. It was the mid-seventies, and Reubens was in…
Britain's M&S says cyberattack to cost US$400 million
British retailer Marks & Spencer said on Wednesday (May 21) a “highly sophisticated cyber” attack would cost it about US$403 million in operating profit, with disruption set to run into…
Former Citigroup traders drop Hong Kong lawsuit on cost concerns
Two former Citigroup traders in Hong Kong abandoned their employment lawsuits after weighing the costs and difficulties of taking it to a higher court, sources familiar with the matter…
RHB names its S-Reit top picks on softer interest cost pressures, minimal tariff impact
RHB analysts maintained their “overweight” call on Singapore-listed real estate investment trusts (S-Reits) amid “softer interest cost pressures” – particularly for Singapore-centric…
Hong Kong dollar funding cost drops in FX intervention aftermath
Hibor extended its drop as it fell below 1% on Tuesday (May 20) for the first time since 2022 Hong Kong’s key interbank borrowing cost slumped following foreign-exchange…
Guinness-owner Diageo plans cost cuts, asset sales to reduce debt
Diageo unveiled a plan on Monday (May 19) to cut US$500 million in costs and make substantial asset disposals by 2028, as the maker of Johnnie Walker whisky and Guinness beer looks to turn…
U.S. air traffic control system that relies on floppy disks will cost ‘lots of billions’ to overhaul
The Trump administration on Thursday proposed a multibillion-dollar overhaul of a U.S. air traffic control system that it said still relies on floppy disks and replacement parts found on…
From Apple to GM, tariffs to cost companies tens of billions
From Apple to General Motors (GM), corporate America is bracing for tens of billions of US dollars in damages from Trump’s trade war – and that’s before most affected goods have landed.…
Ford Says Tariffs Will Cost Company $1.5 Billion in 2025
Ford Motor said on Monday that the Trump administration’s tariff policies were likely to lower its 2025 profit, before interest and taxes, by about $1.5 billion. The company also dropped…
Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions
The expansion of the loophole for tariff-free shipments of goods nearly a decade ago gave rise to Temu, Shein and other low-cost online retailers offering items straight from Chinese…
The Forgotten Forever War That Cost Mike Waltz His Job
A retired Green Beret and former Florida congressman, Waltz was the first elected official to hold the national security adviser position. He came up as an aide to Donald Rumsfeld and…
Trump Ends Chinese Tariff Loophole, Raising the Cost of Online Goods
The Trump administration on Friday officially eliminated a loophole that had allowed American shoppers to buy cheap goods from China without paying tariffs. The move will help U.S.…
GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors cut its profit forecast for 2025 on Thursday by more than 20 percent and said that the Trump administration’s tariffs would increase its costs by $4 billion to $5 billion…
Trump White House Blasts Amazon’s Reported Plans to List Cost of Tariffs on Products a ‘Hostile and Political Act’
Amazon is reportedly planning to display the cost of President Trump’s tariffs on products the ecommerce giant sells — drawing an immediate condemnation from the White House. At a press…
Adidas Warns Sneakers Will Cost More in the U.S. as Trump’s Tariffs Take Effect
The German sportswear company Adidas said on Tuesday that the increase in tariffs would lead to higher prices for its sneakers and sportswear for U.S. customers. “Since we currently cannot…