Trump Signs Tariff Exemptions for Auto Industry Imports

US President Donald Trump signed an executive order Tuesday providing exemptions to tariffs on foreign car and parts imports. The move aims to “de-stack” tariffs, allowing automakers to pay only the highest applicable tariff. The exemptions prevent tariffs on foreign-made cars from stacking on top of other duties. Automakers will now choose between steel or … Read more

Microsoft Charges $1.50 Per Core for No-Reboot Security Updates

Microsoft has announced that its paid-for hotpatching security update service will cost Windows Server 2025 users $1.50 per core from July 1. The feature, which negates the need to reboot your system following a security update, will be available as a subscription-only service. Hotpatching was first introduced in preview mode in 2024 for specific versions … Read more

Starbucks Misses Earnings, CEO Sees ‘Momentum’ in Turnaround Efforts

Starbucks has reported weaker-than-expected earnings for its fiscal second quarter, with same-store sales declines for five consecutive quarters. However, the coffee giant’s CEO, Brian Niccol, is optimistic about the company’s turnaround strategy. Despite missing revenue estimates and earnings per share expectations, Niccol expressed confidence in the progress made so far. He attributed this to the … Read more

AACR Annual Meeting Boasts Record Attendance Despite Cancer Research Challenges

The American Association for Cancer Research’s annual meeting in Chicago drew an estimated 21,000 attendees, despite concerns about cancer research being impacted by recent Trump administration actions. In a surprising twist, many scientists and oncologists expressed enthusiasm for the latest advances and innovations in their field, including notable findings that could transform cancer prevention and … Read more

Trump’s Tariffs Threaten Christmas Toy Supply

US President Donald Trump’s tariffs on foreign goods have left toy makers in a difficult spot. Companies like MGA Entertainment, which produces Bratz dolls, are struggling to find affordable materials for their products. “We can’t make hair for our dolls here,” says Isaac Larian, CEO of MGA Entertainment. “We’d have to sell bald dolls.” This … Read more

Starbucks Misses Estimates as Niccol’s Turnaround Plan Shows Signs of Progress

Starbucks’ second-quarter sales fell short of expectations, with total same-store sales declining 1% compared to a 0.26% drop forecast by analysts. The coffee giant attributed the decline to inflation and economic uncertainty in the US, but said its “Back to Starbucks” plan is showing signs of progress. CEO Brian Niccol stated that while the company’s … Read more

Billy Bob Thornton’s Landman Seeks Extras for Second Season in Fort Worth

Billy Bob Thornton’s Western drama “Landman” is casting extras for its second season, which is currently filming in Fort Worth. The show, based on Christian Wallace’s podcast “Boomtown,” follows the story of an oil industry middleman and problem solver played by Thornton. The film’s production team is looking for actors to play various roles, including … Read more

DHL Resumes Global Shipments to US Consumers Worth $800+

DHL has resumed global shipments from businesses to American consumers worth more than $800 after a brief suspension earlier this month. The company had temporarily halted business-to-consumer (B2C) shipments in April due to new US customs regulations requiring formal processing for entries above $800. The change in threshold, down from $2,500, has led to a … Read more

Mastercard Launches End-to-End Stablecoin Capabilities

Mastercard has unveiled its end-to-end stablecoin capabilities, aiming to make transactions as seamless as traditional payments. The company will launch the “OKX Card” in partnership with crypto exchange OKX, linking crypto trading and Web3 spending to its merchant network. The new global system supports wallet enablement, card issuance, merchant settlement, and on-chain remittances across various … Read more