Posts by Amelia Frost
What Are Reciprocal Tariffs And Who Might Be Affected?
[ad_1] US President Donald Trump has threatened to open new fronts in his tariffs war by announcing reciprocal levies on other countries as soon as Tuesday, branding this “the only fair way” to trade. Trump’s fresh salvo could bring a broad tariff hike to emerging market economies like India and take aim at European Union…
Read MoreWhat to Know About the Anti-Bribery Law Trump Is Targeting
[ad_1] President Trump has paused enforcement of a federal law he has long bemoaned: the Foreign Corrupt Practices Act, which prohibits companies from bribing foreign officials. The law, enacted in 1977, makes it illegal for companies that operate in the United States to pay foreign government officials to secure business deals. Mr. Trump’s order on…
Read MoreInternet Left Baffled as Musk Claims Americans Are Responsible for Calling Out His Conflicts of Interest: ‘So Basically ‘Trust Me Bro”
[ad_1] In Elon Musk’s latest remarks on government transparency, he suggested that any conflicts of interest involving his companies and federal contracts would be obvious to the public—who would then be responsible for calling them out. Reporters: But if there is a conflict of interest when it comes to you yourself, for instance, you’ve received…
Read MoreBP Vows ‘Fundamental Reset’ in Strategy as Profit Plunges
[ad_1] Murray Auchincloss, the chief executive of the struggling energy giant BP, promised “a fundamental reset” of the company’s strategy on Tuesday while reporting disappointing earnings. The shift comes after a long period of lackluster share performance compared with its industry peers. BP’s share price has perked up in recent months, but its perceived weakness…
Read MoreTrump Insists Plastic Straws Don’t ‘Affect Sharks’ in Odd Defense While Signing Order to Eliminate Paper Straws
[ad_1] Trump dismissed environmental concerns as he signed an executive order banning paper straw use in the federal government. Getty Images President Donald Trump officially reversed federal use of paper straws with an executive order Monday, declaring that the country is “going back to plastic.” The decision follows his announcement on Truth Social earlier in…
Read MoreSilicon Valley is Embracing Christianity (With the Help of Peter Thiel)
[ad_1] Everything clicked when Peter Thiel gave the speech about God. The occasion was a 40th birthday party for Trae Stephens, who is Mr. Thiel’s venture capital partner as well as one of the founders of Anduril Industries, a maker of high-tech defense systems and weaponry. It was a multiday affair, held in 2023 at…
Read MoreElon Musk’s Business Empire Scores Benefits Under Trump Shake-Up
[ad_1] President Trump has been in office less than a month, and Elon Musk’s vast business empire is already benefiting — or is now in a decidedly better position to benefit. Mr. Trump and Mr. Musk, the world’s richest man who has been given enormous power by the president, have been dismantling federal agencies across…
Read MoreAP Reporter Barred From White House Event Over ‘Gulf Of America’
[ad_1] The Associated Press said Tuesday that its White House reporter was barred from an event with President Donald Trump over the top US news agency’s refusal to follow his order renaming the Gulf of Mexico as the Gulf of America. “We were informed by the White House that if AP did not align its…
Read MoreFearing Trump, Wall Street Sounds a Retreat on Diversity Efforts
[ad_1] Wall Street has not typically been accused of doing too much for women and minority groups. The financial services industry, after all, is one in which more major banks are named after the Morgan family than led by a female chief executive. So it meant something over the past half-decade or so when the…
Read MoreFederal Judge Sides With Ethics Watchdog Protecting Whistleblowers Fired By Trump and Reinstates Him
[ad_1] A federal judge has reinstated the head of a federal ethics agency after President Donald Trump tried to quietly fire him, marking the latest in a series of illegal terminations attempted by the Trump administration. Special Counsel Hampton Dellinger, the leader of the Office of Special Counsel, filed a lawsuit alleging wrongful termination on…
Read MoreIlhan Omar Claps Back at Influencer Who Claimed She Had an ‘$83 Million’ Net Worth: ‘Try Not to Announce Your Stupidity to the World’
[ad_1] Minnesota Rep. Ilhan Omar has responded to a conservative influencer alleging that Omar’s net worth is $83 million, shutting down rumors circulating social media about her income. Conservative influencer Mila Joy, a self-proclaimed MAGA supporter, took to X (formerly Twitter) on Monday, accusing Omar of having an $83 million net worth and insinuating that…
Read MoreFord Chief Executive Says Trump Policies May Lead to Layoffs
[ad_1] Ford Motor could be forced to lay off employees if the Trump administration ends subsidies and other financial support for electric vehicle manufacturing, the company’s chief executive said on Tuesday. Ford has invested heavily in factories to produce batteries and electric vehicles in Ohio, Michigan, Kentucky and Tennessee, Jim Farley, the Ford chief executive,…
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