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Tesla CEO Elon Musk is hoping to revamp his company’s growth story and bolster its sagging stock price by pledging to double US vehicle production within two years. This comes as markets are losing faith in both Musk and President Trump, who have been criticized for their handling of the economy. Musk promised to increase … Read more
iRobot’s financial outlook has worsened since Amazon abandoned its $1.7 billion acquisition deal, citing regulatory scrutiny. The company has struggled to generate cash and pay off debts. In an attempt to reignite revenue growth, iRobot launched eight new Roombas but warned that success is uncertain due to limited consumer demand, tariff uncertainty, and heightened competition … Read more
Wealthy investors, including those with a combined $50 billion in assets, are positioning themselves to capitalize on market instability and changing tariff policies under President Donald Trump. Charlie Garcia, managing partner of R360, an exclusive peer membership organization for the ultra-rich, believes that many members have anticipated these moves. “He’s basically doing what he told … Read more
Denver Broncos owner Greg Penner and the Walton-Penner ownership group are flexing their financial muscles once again, committing big money to key signings Evan Engram, Dre Greenlaw, and Talanoa Hufanga. The trio of free-agent moves brings the total non-guaranteed contract value for these players to around $106 million. Tight End: The Broncos landed a coup … Read more
Canada’s annual shopping trips to Buffalo, New York, have declined as President Donald Trump’s comments targeting Canadians over trade have raised tensions between the two countries. For years, residents from southern Ontario made regular trips across the border to take advantage of lower prices on everyday items like milk and groceries at retailers such as … Read more
Environmental Progress founder Michael Shellenberger claims that many Democrats have become “lost” and are suffering from a phenomenon he calls “Musk derangement syndrome.” He believes that left-wing climate activists, who were once supportive of electric vehicles as a solution to climate change, are now opposing Tesla due to Elon Musk’s involvement in the Trump administration. … Read more
Tech companies Amazon, Google, and Meta have signed a pledge to support efforts to triple nuclear power globally by 2050. The move marks growing support for expanding nuclear power among leading industries, finance, and governments. The pledge, led by the World Nuclear Association, is nonbinding but highlights the need for reliable energy sources as technology … Read more
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US President Donald Trump has criticized the European Union (EU) and Ireland, accusing them of taking advantage of his country in trade. During a meeting with Irish Taoiseach Micheál Martin at the White House, Trump claimed that the EU was created to exploit the US economy. Trump specifically mentioned the concentration of US pharmaceutical companies … Read more