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Topic: Politics (3212)

Nvidia Stock Slips Again Amid Tariffs Weighing on Market Δ1.54

Nvidia's stock has dropped as much as 3% Tuesday morning before paring losses, following President Donald Trump's new tariffs on Canadian and Mexican imports and a 10% duty on Chinese imports. The Trump administration's new tariffs have weighed heavily on the market, dragging down Nvidia's stock alongside other tech companies. While semiconductors aren't directly affected by the new tariffs, they could impact demand for data processing equipment such as servers using AI chips.

TSMC Commits to US Investment with Conditions Δ1.56

TSMC's $100 billion investment in the United States is seen as a significant move for the U.S. chipmaking industry, but it does not signal a complete shift of Taiwanese operations away from the country. The new investment will be spread across several advanced fabs and research centers, with only 5-7% of total output expected to come from U.S.-based facilities. Taiwan's strong commitment to TSMC is reflected in its leadership's statements emphasizing the importance of the company's growth to the nation's GDP.

US Trade Policy Under Trump Tariffs Goes Global Δ1.64

The impact of US President Donald Trump's trade policies, particularly his tariffs, is being felt globally as various countries retaliate against the measures. The escalating trade tensions are reshaping international relations and affecting industries worldwide. The effects of these tariffs on global trade and economies will be significant.

A New Version of Monopoly Replaces Cash and Math with a Mobile App Δ1.53

Hasbro has introduced a new version of Monopoly that eliminates cash transactions by utilizing a mobile app to manage all financial aspects of the game. This reimagined edition aims to make the game more appealing to younger audiences and reduce opportunities for cheating, but it raises concerns about the diminishing role of traditional gameplay without screens. With updated properties and mini-games to enhance engagement, Monopoly App Banking will be available in August 2025 for $24.99, although it may challenge the educational value parents seek in the classic game.

Meet Elissa Slotkin: Democrat Chosen to Rebut Trump's Speech Δ1.63

Senator Elissa Slotkin, a 48-year-old Democrat who won the US Senate seat in Michigan last year, will provide her party's response to President Donald Trump's address to a joint session of Congress on Tuesday. The former CIA analyst is seen as a "rising star" after her narrow victory in the swing state of Michigan, where the party lost the 2024 presidential race. Slotkin plans to outline the Democrats' vision for improving people's lives in the country.

BYD Pegs Tesla as an Ally in the Fight Against the Gas Engine as It's Ready to Share EV Technology Δ1.56

BYD is willing to share its electric vehicle (EV) and autonomous driving technologies with key rivals like Tesla, as long as that helps advance the self-driving electric vehicle cause. It started by giving away its Tesla FSD equivalent for free. BYD, which became the world's largest electric vehicle maker last quarter at the expense of Tesla, said that it is ready to share technology if that will help to advance the industry as a whole.

Venture Capital to Women-Founded Startups Declines but Finds Glimmer of Hope Δ1.51

Despite a decline in venture capital funding for women-founded startups, which dropped by 12% in 2024, the report found that female founders are increasingly successful in deep tech sectors. According to Female Foundry's report, women who founded deep tech startups are raising more than men in this area, and these startups are securing significant investments. The report also highlights areas of innovation such as synthetic biology, generative AI, and drug development.

What Is Vishing? Voice Phishing Is Surging - Expert Tips on How to Spot It and Stop It Δ1.52

Vishing has become a prevalent tactic for cybercriminals, with 442% increase in attacks compared to the first half of 2024, according to CrowdStrike's latest report. The security firm tracked at least six campaigns involving attackers posing as IT staffers to convince employees to set up remote support sessions or share sensitive information. Help desk social engineering tactics are often used, where scammers create a sense of urgency to trick victims into divulging credentials.

EU Proposes €150 Billion Defense Loan as Trump Pulls Back Δ1.62

The European Union is set to propose extending €150 billion in loans to boost defense spending, following US President Donald Trump's pullback of American security on the continent. The bloc aims to adjust to this shift by mobilizing hundreds of billions of euros in additional financing. This move reflects the EU's desire to maintain a strong defense posture amidst rising tensions with Russia and other global challenges.

Trump Tariff Live Updates: Canada, Mexico, China Retaliate as Trump's New Tariffs Go Into Effect Δ1.65

President Donald Trump's newly implemented tariffs have ignited a wave of retaliatory actions from Canada, Mexico, and China, significantly altering the landscape of international trade. Canada has announced a comprehensive set of counter-tariffs amounting to $107 billion on U.S. imports, while Mexico plans to impose tariffs on U.S. goods in response to Trump's 25% levies. China has retaliated with targeted tariffs on U.S. agricultural products, raising concerns about escalating trade tensions and their potential impact on the U.S. economy.

Protecting Your Power Station Investment for Long-Term Performance Δ1.54

Proper care and maintenance of your power station can significantly extend its lifespan and ensure it remains in top condition. By following these essential tips, you can avoid costly repairs, replacements, and accidents while maximizing the value of your investment. Regular checks and upkeep will help keep your power station performing reliably, even under heavy use. Additionally, some modern portable power stations require firmware updates to improve performance or address safety concerns.

Google Changes Photo Frame Features Due to API Update Δ1.51

Google's recent change to its Google Photos API is causing problems for digital photo frame owners who rely on automatic updates to display new photos. The update aims to make user data more private, but it's breaking the auto-sync feature that allowed frames like Aura and Cozyla to update their slideshows seamlessly. This change will force users to manually add new photos to their frames' albums.

Fentanyl Smuggling From China and Mexico Hits the US Hard Δ1.58

The US government has imposed tariffs on Mexico and Canada, blaming them for fentanyl smuggling into the country. Fentanyl is a synthetic opioid that has become a major contributor to overdose deaths in the US. The majority of fentanyl entering the US comes from Mexico, with most seizures occurring at the southwest border.

Poland's Space Agency Hit with Cyberattack Δ1.51

POLSA is investigating a suspected cyberattack that has disrupted its services. The Polish government agency responsible for the country's space activities had immediately disconnected its network from the internet after detecting the cyberattack on Sunday, but its website remains offline at present. POLSA is working to identify who was behind the attack and restore its services as soon as possible.

The Drone Owner's Secret to Not Losing a Single Drone Δ1.54

Most drone crashes are caused by user error, with pre- and post-flight checks being essential parts of accident prevention. A drone is an aircraft that requires regular safety checks before and after each flight to ensure its safe operation. The author attributes his success in not losing a single drone over a decade of flying to carrying out regular safety checks on the drone.

Trump to Deliver 'Big' Televisioned Speech to Us Congress Δ1.65

US President Donald Trump is set to deliver a televised speech to Congress on Tuesday evening, in which he is expected to discuss new US trade tariffs and the war in Ukraine.The televised address, scheduled for 21:00 EST (02:00 GMT), will be Trump's first major speech since his return to the White House more than six weeks ago.Its theme will be the "Renewal of the American Dream", Fox News reports, and it will have four sections: Trump's accomplishments so far in his second presidency, the economy, funding for border security and Trump's plans for global peace.

Bundesbank Proposes Debt Reform That Could Add 220 Billion Euros to Spending Δ1.58

Germany's central bank, the Bundesbank, has proposed a significant reform to the nation's borrowing cap, potentially allowing an increase of up to 220 billion euros for government spending by 2030. This reform seeks to raise the borrowing limit to 1.4% of GDP, contingent on the national debt remaining below 60% of GDP, amidst rising concerns over economic growth and defense spending. The proposal, however, requires approval from a two-thirds majority in both the Bundestag and Bundesrat, highlighting the complexities of fiscal reform in Germany.

The Firefox I Loved Is Gone - How to Protect Your Privacy on It Now Δ1.55

Mozilla's recent changes to Firefox's data practices have sparked significant concern among users, leading many to question the browser's commitment to privacy. The updated terms now grant Mozilla broader rights to user data, raising fears of potential exploitation for advertising or AI training purposes. In light of these developments, users are encouraged to take proactive steps to secure their privacy while using Firefox or consider alternative browsers that prioritize user data protection.

5 Hidden Ways to Upgrade Your Kindle Without Paying Full Price Δ1.51

Amazon offers several lesser-known strategies for customers to save money when upgrading their Kindle devices, enabling significant discounts through trade-ins, cashback, and promotional deals. The article outlines methods such as trading in old devices for a 20% discount, using an Amazon credit card for additional savings, and taking advantage of Kindle Unlimited promotions to maximize the overall value of the purchase. These strategies reveal that with careful planning and attention to detail, Kindle users can enhance their reading experience while minimizing costs.

Tariffs Spark Cross-Border Trade Chaos, Startup Swap Seeks to Help with $40M Funding Δ1.52

Swap, a London-founded startup building tools for e-commerce companies to navigate cross-border trade, has secured $40 million in funding to expand its platform. The company aims to address the challenges of tariffs and logistics management, allowing businesses to streamline their operations and reduce costs. With 500 brands already on board, Swap plans to develop software tailored to specific industries, including beauty and consumer technology.

Brother Turns Against Printer Customers Δ1.50

Famed RepairTuber Louis Rossmann is left stunned by Brother's sudden shift towards anti-consumer practices, as the company has begun disabling third-party toner via forced firmware updates and preventing color registration functionality on color devices. This move has led to widespread discontent among printer owners who rely on aftermarket ink cartridges, with Rossmann himself advising users to keep their printers offline to avoid potential issues. The repair community is now left to document and warn others about these changes, highlighting the erosion of property rights for individuals.

Starbucks Names Nordstrom's Cathy Smith as CFO Amid Turnaround Δ1.51

Starbucks has appointed Cathy Smith, a retail industry veteran, as its new Chief Financial Officer (CFO), bringing her expertise to aid CEO Brian Niccol's efforts to transform the coffee giant. Smith will join after leading finance operations at department store chain Nordstrom for about two years and previously serving as CFO at big-box retailer Target for five years. The appointment is seen as a key move in the company's turnaround plan, which focuses on streamlining business through job cuts and improving customer experience at its U.S. stores.

US Stocks Plunge Amid Trump's Tariff Salvoes Δ1.65

US stocks slid on Tuesday as investors weighed Canada and China's response to President Donald Trump's delivery of new tariffs amid nerves over the prospect of a deepening trade war. The Dow Jones Industrial Average fell about 1%, while the benchmark S&P 500 dropped 0.8%. The tech-heavy Nasdaq Composite shed around 0.9%, as all three indexes took a leg lower to extend their recent sell-off. Rising fears of a full-on trade war drove Monday's sell-off after the president said there was "no room left" for Canada or Mexico to strike a deal to mitigate promised tariffs.

KKR Aims to Raise $1.5 Billion in 3-Year Convertible Stock Offering Δ1.54

KKR & Co is launching a $1.5 billion convertible stock offering to bolster its reserves and capitalize on the expected surge in deal volumes following U.S. President Donald Trump's pro-business policies, which are likely to lead to increased investor appetite for private equity firms. The firm plans to use part of the proceeds to build up stakes in companies in its core portfolio. KKR's move aims to position itself as a leading player in the market amidst anticipated regulatory changes.

Mexico President Condemns US Tariffs and Vows Retaliation Δ1.64

Mexican President Claudia Sheinbaum has condemned the 25% tariffs imposed by US President Donald Trump on imports from Mexico, stating that there is no justification for the decision. Her government will respond with tariff and non-tariff measures, affecting the lives of Mexican people and nations. The move is seen as a significant escalation in the ongoing trade tensions between the two countries.

Nordstrom Beats Holiday-Quarter Sales Estimates; CFO Jumps Ship to Starbucks Δ1.51

Nordstrom has exceeded Wall Street expectations for its quarterly sales growth, driven by strong customer response to its offerings across both banners. The company's decision to go private with a $4-billion deal from the Nordstrom family and Mexican retailer Liverpool marks a significant strategic shift. As CEO Erik Nordstrom emphasized, customers have responded positively to the strength of the offering.

Child Sexual Abuse in Conflict Zones Sparks Global Outrage Δ1.54

The use of sexual violence as a weapon of war has been widely condemned by human rights groups and organizations such as UNICEF, who have reported on the horrific cases of child victims under five years old, including one-year-olds, being raped by armed men. According to UNICEF's database compiled by Sudan-based groups, about 16 cases involving children under five were registered since last year, with most of them being male. The organization has called for immediate action to prevent such atrocities and brought perpetrators to justice.

Nothing Phone (3a) Series Makes Its Way to the US with a $379 Starting Price Δ1.52

The Nothing Phone (3a) and Phone (3a) Pro will be available in the US via the manufacturer's US Beta Program at affordable prices, marking a significant entry point for the brand in North America. The phone's competitive pricing gives it an edge over rival devices, although users should check carrier support before purchasing. With its unique design and features, the Nothing Phone (3a) series is poised to attract attention from consumers seeking alternative options.

Best of MWC 2025: Products that Stole Our Attention Δ1.53

The mobile industry is witnessing a surge in innovative products, including ultra-slim phones, unique laptop form factors, and futuristic camera systems, as major manufacturers showcase their latest offerings at Mobile World Congress 2025. Samsung Display's tri-fold gaming handheld and Nothing's affordable Pro variant have generated significant buzz, while Xiaomi's 200-megapixel camera and Lenovo's concept laptops are redefining the boundaries of mobile technology. The competition is heating up, with each manufacturer vying for attention in a crowded market.

Wall St Set for Lower Open as Trade War Worries Weigh Δ1.62

Wall Street's main indexes are expected to extend recent losses on Tuesday, as investors remain cautious about the potential escalation of a global trade war. The ongoing tensions between the US and its trading partners could lead to a decline in investor confidence, resulting in further sell-offs across various asset classes. This could have significant implications for companies with vast supply chains across North America, such as Ford and General Motors.

AutoZone Misses Quarterly Revenue Estimates on Inflation, Currency Rates Δ1.58

AutoZone's second-quarter revenue fell short of expectations due to consumers holding back purchases and fluctuations in currency rates, which negatively impacted the company's DIY segment. The retailer had previously warned about inflationary headwinds weighing on its sales, but the impact was more pronounced than anticipated. AutoZone's quarterly net sales declined 2% to $3.95 billion, missing estimates of around $3.98 billion.

Cava Stock Plunged 30% in February Δ1.51

Shares of Cava Group (NYSE: CAVA) experienced a significant decline of 30% in February due to negative investor sentiment regarding economic policies and disappointing management guidance for 2025. Despite reporting high growth figures, including a 37% increase in revenue for the fourth quarter, the market reacted unfavorably to forecasts of slowing comparable sales growth and the high valuation of the stock. With a forward P/E ratio of 122, investor confidence is under scrutiny as the company navigates rising costs and market expectations.

How to Mirror Your Samsung Phone on Windows Δ1.52

Windows 11 offers a built-in tool for mirroring your Samsung phone's screen, enabling users to access apps on a larger display without additional downloads. While the feature is integrated into the Phone Link app, it is limited to specific Android devices, primarily recent Samsung Galaxy models, though support is gradually expanding to include more brands. This functionality enhances user experience, particularly for tasks like gaming and photo editing, by allowing the use of a mouse and keyboard.

TSMC Announces Huge US Investment to Boost AI Development Δ1.54

Taiwan Semiconductor Manufacturing Company (TSMC) has committed to investing at least $100 billion in the US semiconductor manufacturing sector over the next four years, marking the largest single foreign direct investment in US history. This investment will support the establishment of three new fabrication plants, advanced packaging facilities, and an R&D center, with the potential to create tens of thousands of high-paying jobs in construction and technology. The move reflects a strategic effort to strengthen the US supply chain and reduce dependence on foreign semiconductor production.

Abrdn Adds Back Vowels After Widely Mocked Rebrand Δ1.52

Investment firm Abrdn is rebranding itself as Aberdeen Group, reinstating the vowels that were dropped in a controversial name change that drew significant public ridicule. The decision is framed as a pragmatic step to eliminate distractions and signal a new phase for the organization, which has faced challenges since its initial rebranding in 2021. Alongside the name change, the firm reported a return to profit, indicating a potential shift in its operational strategy.

The Future of Bond Franchises Faces Uncertainty Δ1.53

Amazon's acquisition of MGM has raised concerns among fans of the James Bond series about the potential direction of the franchise under new ownership. John Gruber, a prominent Bond expert, joined David Pierce on this episode of The Vergecast to discuss Amazon's plans for 007 and the impact of their leadership style on the brand. However, history suggests that major franchises like Marvel or Star Wars may not be able to replicate the magic of the original series.

Eutelsat in Talks with EU to Ramp up Satellite Internet to Ukraine, as Shares Soar Δ1.53

Eutelsat is in advanced discussions with the European Union to supply additional internet access to Ukraine, driven by the prospect that its OneWeb satellites could replace Elon Musk's Starlink there. The surge in Eutelsat's shares reflects investors' optimism about the company's potential role in Europe's satellite autonomy efforts. As a result, the company is actively collaborating with European institutions and business partners to enable the swift deployment of additional user terminals for critical missions and infrastructure.

Trump Imposes Tariffs on Mexico, Canada, and China Δ1.64

The US has imposed a 25 percent tariff on goods imported from Mexico and Canada, while China faces an additional 10 percent tariff on top of the 10 percent tax previously enacted. This move is expected to raise prices of various products in the US, including food, clothing, fuel, lithium batteries, and more. The tariffs are part of a broader trade strategy aimed at "holding China, Mexico, and Canada accountable" for their promises to halt the flow of poisonous drugs into the US.

Piaggio Posts Record Margin Despite 'Anomalous' Economy Δ1.53

Italy's Piaggio Group, known for its Vespa scooters, reported a record annual core profit margin of 16.9%, attributed to effective productivity management amidst a challenging economic landscape. This achievement comes despite a 12% decline in EBITDA, which amounted to 286.7 million euros, indicating a complex balancing act between profitability and operational challenges. Looking ahead, CEO Michele Colaninno anticipates a more favorable environment in 2025, suggesting a cautious optimism for the company's trajectory.

Dan Ives Says These 2 Stocks Are in the "Sweet Spot" Of the Artificial Intelligence (AI) Movement Δ1.55

Two AI stocks are poised for a rebound according to Wedbush Securities analyst Dan Ives, who sees them as having dropped into the "sweet spot" of the artificial intelligence movement. The AI sector has experienced significant volatility in recent years, with some stocks rising sharply and others plummeting due to various factors such as government tariffs and changing regulatory landscapes. However, Ives believes that two specific companies, Palantir Technologies and another unnamed stock, are now undervalued and ripe for a buying opportunity.

Bessent Shrugs Off Tariff Selloff, Says Wall Street Isn’t Focus Δ1.62

US Treasury Secretary Scott Bessent has expressed confidence in President Donald Trump's plans to implement tariffs on foreign nations, despite the recent market slump in reaction to the first round of levies on Canada and Mexico. He attributed the market volatility to a temporary phenomenon and argued that prices would not rise due to the tariffs. The focus, according to Bessent, is on Main Street, small businesses, and consumers.

Samsung Unveils Weird and Wonderful Screens at MWC Δ1.53

Samsung's Display group showcased a range of innovative folding concepts at Mobile World Congress, including a briefcase screen and a foldable gaming handheld. While these demonstrations were likely intended for other manufacturers, attendees couldn't help but be drawn to the potential of such technology. Samsung's display capabilities have long been seen as forward-thinking, and this year's offerings were no exception.

Hamas Moves to Control Prices in Gaza Amidst Israeli Block on Deliveries Δ1.55

Hamas-run police have been deployed in local markets across Gaza, asserting their presence and questioning merchants over price increases amid Israel's block on deliveries into the war-stricken territory, which has led to fears of food shortages. The suspension of aid and goods delivery by Israel has disrupted humanitarian efforts, including plans for Ramadan meals at soup kitchens, where residents have had to rely on alternative dishes due to high meat prices. The crisis in Gaza highlights the vulnerability of the population amidst a prolonged conflict.

3 Value Stocks in Hot Water Δ1.54

Value stocks are often seen as attractive investments due to their discounted prices compared to the broader market, but recent analysis highlights significant risks associated with certain stocks. Amkor Technologies, American Airlines, and CVS Health have been identified as value stocks with poor fundamentals that may not deliver the expected returns. Investors are cautioned to proceed with caution, as these companies display concerning trends such as declining revenues, overleveraging, and increasing operational costs.

Honeywell to Buy Pump Maker Sundyne for $2.16 Billion Δ1.52

Honeywell International is set to expand its energy business with the acquisition of Sundyne, a leading manufacturer of engineered pumps and gas compressors, as part of its efforts to strengthen its presence in the aviation, automation, and energy sectors. The deal will add to Honeywell's unit catering to the energy and petrochemical industries, while enhancing its aftermarket services business. By acquiring Sundyne, Honeywell aims to capitalize on the growing demand for industrial equipment and services.

Arab Summit to Focus on Egypt's Alternative to Trump's 'Gaza Riviera' Δ1.59

Egypt is preparing to present a $53 billion reconstruction plan for Gaza at an upcoming Arab summit, emphasizing the need to avoid the resettlement of Palestinians while addressing the devastation caused by the ongoing conflict. The plan, which lacks clarity on governance in Gaza and who will fund the reconstruction, aims to offer a counter-narrative to U.S. President Trump's proposed vision for the region. As Arab leaders discuss this plan, the imperative of establishing Palestinian self-governance remains a contentious and unresolved issue.

Federal Worker Layoffs: A Growing Concern Among Americans Δ1.63

A near-record number of federal workers are facing layoffs as part of cost-cutting measures by Elon Musk's Department of Government Efficiency (DOGE). Gregory House, a disabled veteran who served four years in the U.S. Navy, was unexpectedly terminated for "performance" issues despite receiving a glowing review just six weeks prior to completing his probation. The situation has left thousands of federal workers, including veterans like House, grappling with uncertainty about their future.

The Future of BMW Is Being Built at a Battery Factory in Germany Δ1.52

BMW is committed to advancing its electric vehicle (EV) strategy by investing billions in new battery technology, including its powerful new controller called the "Energy Master." Despite a slowdown in the global EV market, the automaker aims to introduce an electric model in every segment, leveraging its latest innovations to compete with industry leaders like Tesla and the increasing influx of Chinese EVs. The company's ambitious project, termed "the project of the century," focuses on developing in-house battery cells that promise improved efficiency, range, and energy density.

Floods in Indonesia's Capital Displace Thousands Δ1.54

Thousands of people were evacuated in Indonesia's capital Jakarta on Tuesday after floods swamped the region, officials said, with heavy rain expected to continue until next week. Torrential rain since Monday has triggered floods of up to 3-metres (yards) in and around Jakarta, blocking some roads and submerging over 1,000 houses and many cars. The country's weather agency warned that heavy rain is forecast to hit the capital and surrounding cities until March 11.

US Military Aid Pause Is a Blow to Ukraine, but Not Fatal for Now Δ1.66

U.S. President Donald Trump's suspension of military assistance to Ukraine has dealt a significant blow to Kyiv's ability to defend itself, particularly in terms of air defences and precision strike capabilities. However, Ukraine's reduced reliance on U.S. weapons means the impact of this pause will be less severe than it would have been earlier in the war. The depletion of inventories over time may lead to more pronounced effects, including shortages of artillery shells.