German CDU leader Friedrich Merz has said Germany may need to loosen its debt limit to finance increased defence spending, but warned other solutions should be prioritised. This comes as Chancellor Olaf Scholz argues that boosting defense spending is not sustainable through cuts and economic growth alone. Germany’s debt brake limits government borrowing, restricting the … Read more
Rivian Automotive Inc. is expanding its sales of an electric delivery van designed exclusively for Amazon.com Inc., now open to fleets of any size. The company aims to boost revenue from fleet operators as consumer demand for battery-powered cars slows. Deliveries are expected to begin in the second quarter. Source: https://www.bloomberg.com/news/articles/2025-02-10/rivian-broadens-sales-of-plug-in-van-once-exclusive-to-amazon
A new app called Flashes has emerged in beta, offering a Bluesky-based alternative to Instagram with support for multiple images and videos, direct messages, and simultaneous posting on both platforms. Developed by Berlin-based developer Sebastian Vogelsang, Flashes is currently available for iOS download through Apple’s TestFlight platform but faces technical issues that need to be … Read more
In a busy day marked by golf, politics, and football, President Trump arrived in New Orleans for the Super Bowl, becoming the first sitting US president to attend the event. Before the game, he announced a 25% tariff on foreign steel and aluminum imports into the US, set to take effect Monday. Trump also reiterated … Read more
US President Donald Trump has sparked fears among investors with his recent foray into cryptocurrency. In an effort to capitalize on his popularity, several copycat memecoins have been created and deposited into his digital wallet, raising concerns over the authenticity and legitimacy of these tokens. The Financial Times analysis found that more than 700 copycat … Read more
The US bond market is signaling that President Trump’s second term may be a bullish signal for the stock market. Despite recent volatility, the benchmark 10-year Treasury note has calmed down, suggesting it’s time to reassess stocks that were previously considered attractive. A selloff in US government bonds prior to Trump’s first term led to … Read more
Grammy-winning musician Jon Batiste reimagined the Super Bowl anthem Sunday night, incorporating his wife’s painting and infusing it with personal meaning. The performance featured “Star-Spangled Blues” and “Notes from My Future Self,” two new tracks that showcase Batiste’s growth as an artist. Batiste, a Louisiana native and former bandleader for “The Late Show with Stephen … Read more
Bitcoin’s price dropped below $100,000 due to concerns over the US-China trade war, which has created uncertainty in the market. The US announced new tariffs on Chinese imports, pushing Bitcoin’s price down and sparking fears of a large liquidation event. Analysts warn that if Bitcoin fails to hold its key support level at $93,000, it … Read more
Nokia has appointed Justin Hotard as its new CEO, succeeding Pekka Lundmark. In an interview with Bloomberg Television, Hotard discussed the company’s plans to win a significant share of the 5G market and capitalize on artificial intelligence (AI) opportunities. Hotard highlighted Nokia’s focus on AI and data centers, stating that the company aims to leverage … Read more
King Soopers employees in 77 metro and Front Range stores will walk out on strike starting Thursday, affecting around 10,000 union workers. The strike comes after months of negotiations between the union and the grocery chain, which failed to reach a deal. The United Food & Commercial Workers Union Local 7 said King Soopers “failed … Read more