Tag: Business news
Klarna Reports Doubled Losses in Q1 Amid IPO Delay
Sebastian Siemiatkowski, the big boss over at Klarna, was talking at some fintech shindig in London on Monday, April 4, 2022. The CEO of the popular buy now, pay later firm had some not-so-great...
Trump Urges Walmart to Absorb Tariffs, Threatens Price Hikes
People were out shopping at a Walmart in Rosemead, California, on April 11, 2025. The scene was bustling as customers browsed the aisles for deals and essentials. President Donald Trump took to Truth Social...
10% Baseline Tariff Predicted to Remain Long-Term
U.S. President Donald Trump was seen holding a chart next to U.S. Secretary of Commerce Howard Lutnick as he gave a speech on tariffs in the Rose Garden at the White House in Washington,...
Warren Buffett Criticizes Tariffs: Trade Shouldn’t Be Weaponized
Warren Buffett went on a bit of a rant in Omaha, Nebraska, criticizing President Trump's trade policy. He didn't call out Trump by name, but he made it clear that he thinks slapping tariffs...
Warren Buffett to Request Berkshire Board Replace Him with Greg Abel
An end of an era was announced in Omaha Saturday as Warren Buffett said he will soon ask the board of Berkshire Hathaway to have Greg Abel replace him as CEO at year end....
Warren Buffett Criticizes Trump’s Tariffs as Tax on Goods
Renowned investor Warren Buffett recently shared his thoughts on President Donald Trump's tariffs, cautioning that these punitive measures could ultimately lead to inflation and negatively impact consumers. Speaking at a press conference during the...
Walmart’s Former CEO Bill Simon on Earnings and Tariff Risks
The recent fluctuations in Walmart's stock have caught the attention of investors and experts alike. Former Walmart U.S. CEO Bill Simon recently shared his insights on the matter, highlighting both the challenges and opportunities...
Kevin O’Leary Interested in TikTok Deal Despite Legal Obstacles
Kevin O'Leary's Bid for TikTok Faces Legal ChallengesCanadian investor Kevin O'Leary has expressed his interest in a potential deal for TikTok, despite facing legal obstacles that stand in the way. President Donald Trump recently...
Stanley Druckenmiller: Trump Revives ‘Animal Spirits’ in Markets, CEOs ‘Giddy’
Stanley Druckenmiller: Trump's Impact on Markets and BusinessesIn a recent interview on CNBC, billionaire investor Stanley Druckenmiller shared his insights on the impact of Donald Trump's re-election on the financial markets and businesses across...
What to Expect from Friday’s Mixed Jobs Report: Labor Market Insights
**Labor Market Insights: Deciphering Friday's Mixed Jobs Report**This Friday, the Bureau of Labor Statistics is set to release the December jobs report, offering a glimpse into the state of the labor market. With experts...
Microsoft announces performance-based job cuts across departments
Microsoft Announces Performance-Based Job CutsMicrosoft Chairman and CEO Satya Nadella made a significant announcement at a press briefing on the company's campus in Redmond, Washington, on May 20, 2024. The tech giant confirmed to...
Tesla CEO Elon Musk’s $56 Billion Pay Package Bid Rejected
Tesla CEO Elon Musk's $56 Billion Pay Package Bid RejectedTesla CEO Elon Musk faced a significant setback as a Delaware judge rejected his bid to reinstate his 2018 CEO pay package worth about $56...
Super Micro Computer Stock Surges 30% on Special Committee’s Clearing of Misconduct Allegations
Super Micro Computer Stock Surges 30% on Special Committee's Clearing of Misconduct AllegationsIn a surprising turn of events, Super Micro Computer Inc. saw its stock price skyrocket by over 30% after a special committee...
Stellantis CEO Carlos Tavares Resigns Due to U.S. Issues and Sales Decline
Stellantis CEO Carlos Tavares Resigns Amid U.S. Issues and Sales DeclineIn a shocking turn of events, Carlos Tavares, the chief executive officer of Stellantis NV, has resigned from his position. The unexpected departure of...