AstraZeneca Moves Some Production To US Amid Tariff Threat

AstraZeneca Moves Some Production To US Amid Tariff Threat

[ad_1] British pharmaceutical giant AstraZeneca announced Tuesday that it has begun moving some of its European production to the United States, ahead of President Donald Trump’s possible tariffs on the sector. “Our company is firmly committed to investing and growing in the US,” chief executive Pascal Soriot said in an earnings statement, which also reported…

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Amnesty Accuses Israel Of ‘Live-streamed Genocide’ Against Gazans

Amnesty Accuses Israel Of ‘Live-streamed Genocide’ Against Gazans

[ad_1] Rights group Amnesty International Tuesday accused Israel of committing a “live-streamed genocide” against Palestinians in Gaza by forcibly displacing most of the population and deliberately creating a humanitarian catastrophe. The UN aid agency for Palestinian refugees, UNRWA, warned Israel’s blockade on aid had become a “silent killer” in Gaza, with children and the sick…

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Thrive Capital Creating Vehicle for Serial M&A

Thrive Capital Creating Vehicle for Serial M&A

[ad_1] Thrive Capital has bet big on artificial intelligence, including emerging giants of the field like OpenAI and Databricks. Now the venture capital firm is taking a different approach: creating and buying companies that it believes can benefit from A.I. — including in industries that seem far more humdrum, such as accounting — and holding…

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US Commerce Secretary Signals Tariff Relief Deal For Automakers In Major Policy Shift

US Commerce Secretary Signals Tariff Relief Deal For Automakers In Major Policy Shift

[ad_1] U.S. Commerce Secretary Howard Lutnick signaled Monday that an agreement had been finalized to reduce tariffs on automakers, marking a policy shift that could offer much-needed relief to the struggling auto industry. “This deal is a major victory for the President’s trade policy by rewarding companies who manufacture domestically, while providing runway to manufacturers…

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G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll

G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll

[ad_1] General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President Trump’s trade policies, the automaker said on Tuesday. The Trump administration imposed a 25 percent tariffs on imported cars this month and has said it will impose a 25 percent duty on…

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Power Back In Spain, Portugal After Massive Blackout

Power Back In Spain, Portugal After Massive Blackout

[ad_1] Spain and Portugal recovered their electricity supply and a semblance of normalcy on Tuesday after a crippling blackout of unknown causes that disrupted daily life for millions. Telephone, internet and lights were working again, train services resumed, shops reopened and workers flocked back to offices following the outage that struck on Monday afternoon and…

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Student Debt Collections Restart on May 5. Here’s What to Know.

Student Debt Collections Restart on May 5. Here’s What to Know.

[ad_1] After a five-year reprieve, the Trump administration will restart forced collections on federal student loans in default, which could include garnishing a portion of borrowers’ paychecks. With collections in place, the last piece of the student loan machinery has been turned back on, officially ending pandemic-era relief, which began when President Trump paused federal…

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With Trump In Power, Foreign Crypto Companies Make Inroads in US

With Trump In Power, Foreign Crypto Companies Make Inroads in US

[ad_1] Last month, Paolo Ardoino, the chief executive of the cryptocurrency company Tether, joined business executives and U.S. lawmakers for a private lunch at the Willard, a luxury hotel near the White House. For years, Tether had faced accusations that it lied about its finances and allowed crime to flourish on its platform. But at…

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Blackout Plunges Spain Into Chaotic Night Of Darkness

Blackout Plunges Spain Into Chaotic Night Of Darkness

[ad_1] Befuddled passers-by holding torches and mobile phones squinted through pitch-black streets early on Tuesday and stranded travellers spent the night at train stations after a crippling backout plunged Spain into darkness. For Carmen Martinez, a 47-year-old economist, the eery hush in the streets of Madrid, a vibrant city renowned for its nightlife, “reminded me…

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Justice Department’s Civil Rights Division Sees Mass Exodus Amid Sweeping Policy Overhaul

Justice Department’s Civil Rights Division Sees Mass Exodus Amid Sweeping Policy Overhaul

[ad_1] A dramatic shake-up is underway in the Justice Department’s Civil Rights Division, where an estimated 70% of employees are expected to take advantage of a “deferred resignation” program, allowing them to leave their positions while still receiving pay through September. The division, which employed around 340 people, saw a Monday deadline for employees to…

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