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Categories Economy

Ontario cancels internet deal with Musk’s Starlink as part of U.S. tariff fight

August 1, 2025

The Canadian province of Ontario has canceled a C$100 million ($68.12 million) satellite high-speed internet contract with Elon Musk’s company Starlink, following

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Categories Economy

Trump ends de minimis exemption for global low-cost goods

July 31, 2025

President Donald Trump on Wednesday signed an executive order ending the de minimis trade loophole for low-value packages shipped from all countries. The

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Categories Economy

Recall warns some Celsius energy drink cans accidentally contain alcohol

July 31, 2025

The canned cocktail maker High Noon is warning customers that some of its vodka seltzers were accidentally labeled as Celsius energy drinks.

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Categories Economy

Union Pacific to buy Norfolk in $85 billion mega U.S. railroad deal

July 30, 2025

July 29 (Reuters) – Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create

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Categories Economy

Things are getting better at Boeing under CEO Ortberg, but can he keep it going?

July 29, 2025

After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership. Ortberg, a

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Categories Economy

Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics

July 29, 2025

Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to Tesla, based on a regulatory filing by the South

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Categories Economy

Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025

July 27, 2025

Palantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable U.S. companies. The provider

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Categories Economy

FCC greenlights Paramount’s $8 billion merger with entertainment group Skydance

July 26, 2025

Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a

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Categories Economy

Microsoft’s Satya Nadella says job cuts have been ‘weighing heavily’ on him

July 26, 2025

Microsoft has laid off over 15,000 people so far in 2025. The stress of the belt-tightening has gotten to CEO Satya Nadella. “Before

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Categories Economy

UnitedHealth says it faces DOJ investigation over Medicare billing practices

July 25, 2025

UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices. It comes after the Wall Street Journal

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