BlackRock CEO Larry Fink has warned that fears of an economic slowdown have risen sharply since President Donald Trump unveiled widespread tariffs last week, sparking a sell-off in the stock market. Despite this, Fink believes the US is not in a financial crisis and expects “megatrends” like artificial intelligence to persist. Fink’s comments come after … Read more
Denver Nuggets Head Coach Michael Malone was reportedly “not calm” after being informed of his shocking firing by the team on Tuesday. The news sent shockwaves through the NBA community, with many speculating about the reasons behind the decision. Malone had been with the Nuggets for 10 seasons and led the team to their first … Read more
Global pharma giant Novartis is expanding its US manufacturing capabilities amid concerns over rising pharmaceutical tariffs. The company’s move follows similar investments by Eli Lilly and Johnson & Johnson, which have announced plans to increase production in the country. With US tariffs on pharmaceuticals expected to be implemented soon, Novartis aims to strengthen its supply … Read more
A team of researchers has cracked the long-standing puzzle of quantum entanglement, providing a comprehensive understanding of its scope and implications for quantum technologies. The breakthrough could revolutionize the validation of quantum devices and shape the future of quantum computing and sensing. In a significant achievement, Victor Barizien and Jean-Daniel Bancal of the Institute of … Read more
The UK government is taking emergency action to preserve the country’s last operational blast furnace steel site in Scunthorpe, employing 3,000 workers. Lawmakers will discuss an emergency bill on Saturday that grants the business secretary power to keep the plant running while negotiating a potential buyer for British Steel. This move comes amid a tense … Read more
Germany is facing a difficult time with US President Donald Trump’s tariffs, which could put the country on track for its third year of recession. The 10% tariff on German exports has already hit many companies hard, but some are finding ways to adapt. Birkenstock, a quintessentially German brand, is one such company that remains … Read more
OpenAI will retire its GPT-4 AI model from ChatGPT on April 30, replacing it with the newer GPT-4o model. The decision comes after head-to-head evaluations showed that GPT-4o outperforms GPT-4 in writing, coding, and other areas. GPT-4 was launched over two years ago for ChatGPT and Microsoft’s Copilot chatbot on the web. Although it had … Read more
The Cleveland Browns have agreed on a one-year contract worth $4 million with veteran quarterback Joe Flacco, according to his agent. This deal brings Flacco back to the team where he won the NFL’s Comeback Player of the Year award in 2023. The contract can be worth up to $13 million with incentives. Flacco had … Read more
Electric vehicle (EV) sales in the US market have increased by over 10% year-over-year in the first quarter of 2025, according to Kelley Blue Book. Nearly 300,000 new EVs were sold, with General Motors (GM) driving growth and Tesla experiencing a decline. The increase in EV sales is attributed to new models from popular brands … Read more
BlackRock CEO Larry Fink expressed surprise at the scope of President Donald Trump’s recent tariffs, describing them as “surprisingly broad”. The sweeping announcements have caught him off guard, given his 49 years in finance. Source: https://www.bloomberg.com/news/articles/2025-04-11/larry-fink-says-trump-tariffs-went-way-beyond-his-imagination