Quartz

Boeing is the big winner of Trump's first trade deal - 2025-05-09T18:19:00Z

Boeing (BA) is reaping the early rewards of the Trump administration’s first tariffs-era trade deal between the U.S. and the United Kingdom. A major order from British Airways (IAG)’ parent company, IAG, just provided a crucial win for the U.S. aerospace giant after a turbulent year.

A key Tesla supplier is slashing jobs - 2025-05-09T17:15:00Z

Japanese electronics giant Panasonic, Tesla’s (TSLA) original battery supplier and one of its largest, announced today that it will lay off almost 5% of its workforce: 5,000 workers domestically and 5,000 globally. The layoffs will take place between now and March 2026 after reviewing “operational efficiency,” mainly…

Amid a rash of disappointing earnings and pulled guidances — and broader sense of economic uncertainty — Lyft’s (LYFT) CEO says he doesn’t see “anything to worry about” for his company.

Winning the White House was supposed to transform the crypto sector, but for much of 2025, that promise has fallen flat. While Donald Trump’s return sparked surges early in the year, including brief all-time highs across major tokens, prices have largely sagged. Blame (partially) fading hype and investor fears…

For the first time since President Donald Trump imposed a sweeping 145% tariff on Chinese imports, senior U.S. and Chinese officials will meet face-to-face this weekend in Geneva. The high-level talks could mark a turning point in a trade war that has frozen key sectors of the global economy and rattled business…

Expedia has a warning about America's travel industry - 2025-05-09T15:49:00Z

Expedia (EXPE) reported worse-than-expected first-quarter earnings on Thursday, the latest discouraging sign for the American travel industry.

The founder of cryptocurrency lender Celsius Network was sentenced to 12 years in prison on Thursday.

Almost two weeks of chaos at Newark Liberty International Airpor has revealed a “broken system,” United Airlines (UAL) CEO Scott Kirby said in a Fox News op-ed.

JPMorgan Chase (JPM) CEO Jamie Dimon had some critical words for President Donald Trump’s tariffs — but he said he also understands the intent behind them.

Trump teases a new tariff rate for China - 2025-05-09T14:21:00Z

As high-stakes U.S.-China trade talks approach, President Donald Trump on Friday morning signaled a dramatic potential shift in policy, floating the idea of an 80% tariff on Chinese imports.

President Donald Trump sent shockwaves through the scientific community with his proposed budget that would slash federal spending on research and development by an unprecedented 23% — or $163 billion — in fiscal 2026. A broad range of experts are warning that those short-term savings will likely have serious…

7 of the smallest commercial airports in America - 2025-05-09T09:00:00Z

Airports are either the bane of one’s existence or magical places that capture the imagination. Or both.

U.S. stocks rose on Thursday, with major indexes climbing. Tech led the day’s rally, and the Nasdaq closed up slightly over 1%.

Krispy Kreme (DNUT) stock fell a whopping 25% on Thursday, after the company announced a pause to its partnership with McDonald’s (MCD).

Bill Gates is holding Elon Musk responsible for the preventable deaths of the world’s poorest children, as a result of his cuts to the U.S. foreign aid budget.

Bill Gates just said that he wants his bank account to look a whole lot different in 20 years. If all goes according to plan, that number will be a lot closer to zero than its current almost $114 billion.

President Donald Trump said Thursday that the universal 10% tariff on imported goods is here to stay — and may soon be the floor, not the ceiling.

One of the Republican Party’s top donors is sounding the alarm that President Donald Trump’s tariffs could open the door for corruption.

Bitcoin rallies all the way back above $100,000 - 2025-05-08T17:05:00Z

Bitcoin just went above the $100,000 mark for the first time since February, as an initial trade deal between the United States and the United Kingdom coincided with a broad surge across sectors.

The U.S. government plans to withdraw a rule introduced under the Biden administration that had aimed to restrict exports of advanced AI chips — a policy that had posed challenges for major semiconductor companies like Nvidia (NVDA) and AMD (AMD).

Trump announces trade deal with the U.K. - 2025-05-08T15:35:00Z

President Donald Trump on Thursday announced the first trade deal following his blitz of tariffs, as the U.S. and the United Kingdom agreed to an accord amid Trump’s growing trade war with China and other countries.

Coinbase buys Deribit for $2.9 billion - 2025-05-08T15:21:00Z

Crypto exchange Coinbase (COIN) Global will purchase Dubai-based Deribit, the world’s largest trading platform for Bitcoin and Ether options, for approximately $2.9 billion — in Bitcoin.

Toyota Motor (TM) expects its profits to fall 21% this fiscal year due to the repercussions of President Donald Trump’s trade war.

Tesla keeps hitting robotaxi roadblocks - 2025-05-08T15:06:05Z

One of the most important branding decisions a company can make about its product is the name. It needs to be catchy and descriptive. But when trademarking, it also can’t be “generic,” according to the U.S. Patent and Trademark Office, which rebuffed Tesla’s (TSLA) application to trademark the term “robotaxi” for its…

A Florida federal judge has dismissed most of the claims against marquee celebrities and influencers who pushed the now-defunct cryptocurrency exchange FTX. Stars like New England Patriots quarterback Tom Brady, model Gisele Bündchen, Canadian TV personality Kevin O’Leary, and basketball standout Stephen Curry were…

Google (GOOGL) stock slid 7% on Wednesday after Apple’s (AAPL) head of services, Eddy Cue, dropped a bombshell during antitrust testimony: Safari search volume had declined in April for the first time in over two decades.

President Donald Trump attacked Federal Reserve Chair Jerome Powell yet again on Thursday morning, a day after the central bank announced it would hold interest rates steady. Trump had been campaigning for Powell to lower them.

The Trump administration restarted collections on defaulted federal student loans this month, targeting more than five million borrowers who haven’t made payments in months — or, in some cases, years.

TV tourism is big business — and it's booming - 2025-05-08T09:00:00Z

A version of this article originally appeared in Quartz’s Obsession newsletter. Sign up here to share our Obsessions in your inbox.

May brings Memorial Day weekend and the unofficial start of summer, as colleges hold final exams and students begin to decamp for home. The thermometer also begins to creep upward, and what better way to beat the heat than with a frozen, frosty drink?

The 10 most affordable cities in America - 2025-05-08T09:00:00Z

Finding an affordable city may feel harder than ever, but they still exist. You just might have to look in some unexpected places.

Mother’s Day is this Sunday, and there are plenty of restaurants and stores that want to help you celebrate.

The Federal Reserve said Wednesday that it would keep interest rates steady at 4.25-4.5%, as the central bank continues to work to balance persistent inflation concerns with signs of a slowing U.S. economy.

Disney is headed to Abu Dhabi — but it’s not picking up the bill.

Apple Inc. (AAPL) is exploring how to incorporate AI-powered search engines on its devices — and it’s sending Google’s (GOOGL) share price tumbling.

Meta’s (META) Mark Zuckerberg built his career on the idea that you have friends. Now he’s concerned that you don’t have enough, so he’d like to invent some for you.

Let's talk TV tourism - 2025-05-07T19:00:00Z

Every few years, a show hits so big it reshapes the travel industry. The White Lotus didn’t just mint memes — it spiked bookings at Four Seasons resorts from Hawaii to Sicily to Thailand, making “White Lotus tourism” a thing. But while this may feel like a uniquely modern phenomenon, it’s actually part of a much older…

Uncertainty over tariffs, supply chain instability, and other broader macroeconomic headwinds are pushing a growing number of major companies to pull their 2025 earnings guidance. From automakers to airlines and consumer giants, firms are increasingly opting to sit out of the forecasting game, citing economic…

Ford Motor Company (F) has become one of the first major automakers to increase retail prices as a result of President Donald Trump’s tariffs.

Cisco has joined the quantum computing race - 2025-05-07T16:50:02Z

Cisco Systems (CSCO) became the latest tech company to announce a new quantum computing chip, following similar announcements in recent months from Google, IBM, and Microsoft. With each new development, the timeline for the technology to scale up and see use in real-world situations gets shorter and shorter.

Amazon says its new robot has a sense of touch - 2025-05-07T16:12:00Z

Amazon (AMZN) announced Wednesday that it’s introducing first-of-their-kind robots with a sense of touch to its warehouses.

The Trump family’s latest cryptocurrency gambit may have flown too close to the sun. Now, the bipartisan GENIUS Act, one of the most comprehensive and pivotal attempts to regulate the stablecoin industry, is at stake.

WeightWatchers (WW) announced Tuesday that it is filing for bankruptcy in an attempt to crawl out of more than $1 billion in debt. The move comes as the company refocuses on prescribing weight loss GLP-1 drugs like Ozempic.

Disney’s (DIS) latest earnings report delivered a bit of old-school magic. Revenue rose 7% to $23.6 billion, up from $22.1 billion last year. EPS rose to $1.45 from last year’s $1.21.

A series of crises has led to chaos at Newark Liberty International Airport, with flight cancellations, delays, and staff shortages causing major disruptions for more than 10 days with no end in sight.

China’s central bank said Wednesday that it would cut interest rates in an effort to bolster its economy amidst the country’s ongoing trade war with the United States.

U.S. stocks were mixed Wednesday morning as investors awaited the Federal Reserve’s latest policy statement.

It started with an email from my literary agent.

From JR's : articles
2 words - 34 chars
created on Jul 07, 2014 at 01:26:21 pm
updated on Aug 07, 2015 at 06:14:08 pm - #
source - versions - backlinks