California Sues Trump Administration Over Sweeping Tariffs
California has become the first U.S. state to launch a legal challenge against President Donald Trump’s sweeping new tariffs, which have disrupted trade with key global partners.
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Katy Perry Responds to Celebrity Backlash Over Controversial Space Flight
Katy Perry has subtly responded to the wave of backlash following her participation in Blue Origin’s all-female spaceflight earlier this week. The pop star, 40, faced harsh criticism from several celebrities, including Olivia Munn, Amy Schumer, and Emily Ratajkowski, who called the brief 11-minute space trip “disgusting,” “gluttonous,” and environmentally irresponsible.
Lyft Enters Europe with $200M Acquisition of FreeNow
Lyft is making its long-awaited move into the European market through a $198.4 million acquisition of mobility platform FreeNow from German automakers BMW and Mercedes-Benz. The deal nearly doubles Lyft’s addressable market and marks a major strategic push beyond North America.
AMD Warns of $800M Financial Impact from New U.S. Export Restrictions
AMD has announced it may face up to $800 million in charges following new U.S. export controls targeting its MI308 semiconductor products, which could restrict business with China, Hong Kong, Macau, and other regions. The tech giant confirmed it is seeking export licenses, though approvals remain uncertain.
President Freezes $2B in Federal Funds, Targets Harvard’s Independence
Trump freezes $2B in federal funds for Harvard and threatens its tax exemption, pushing the elite university to accept wide-ranging government-mandated reforms.
FTC Hearing: Zuckerberg’s Old Email Exposes Instagram Spinoff Plans
Court reveals a 2018 Zuckerberg email about spinning off Instagram, spotlighting Meta’s internal fear of antitrust crackdowns and Big Tech breakup threats.
China Halts Boeing Jet Purchases, Escalating U.S. Trade War Tensions
China suspends Boeing jet purchases and parts orders, retaliating against Trump’s tariffs, as global airline and aircraft supply chains brace for impact.
Building a Brand Empire
In today's digital world, influencers really hold immense power in shaping consumer trends and business directions. While most start as content creators who endorse brands, more and more are becoming full-fledged entrepreneurs. This transition offers long-term financial security, creative autonomy and the potential to build a lasting legacy that goes beyond social media. However, to achieve this shift from influencer to entrepreneur, a strategic roadmap, a new mindset and an in-depth understanding of business fundamentals are necessary.
Japan Orders Google to Stop Anticompetitive App Bundling Practices
Japan’s Fair Trade Commission has issued a cease-and-desist order against Google, accusing the tech giant of violating antitrust laws by pressuring smartphone manufacturers to preinstall its search engine and Chrome browser on Android devices.
Putin’s War Intensifies While Trump Pursues Multiple Peace Tracks
Russia’s missile strike on Sumy magnifies stalled U.S. diplomacy as the Kremlin escalates on the battlefield, testing Trump’s push for a negotiated peace.
Katy Perry and All-Female Blue Origin Crew Return Safely from Space
Katy Perry, Lauren Sánchez, and an all-female Blue Origin crew soar past the Kármán line, marking a triumphant return to Earth and a milestone for women in space.
Goldman Sachs Raises Gold Forecast to $3,700 Amid Economic Turmoil
Goldman Sachs has once again raised its year-end gold price forecast, now targeting $3,700 per ounce, citing growing economic uncertainty and rising global demand for safe-haven assets.
Pfizer Abandons Obesity Pill After Liver Injury Case, Viking Therapeutics Stock Surges
Pfizer has officially ended the development of its experimental weight-loss pill, danuglipron, after a patient developed a potential drug-induced liver injury, marking the third major setback in the company’s obesity drug efforts.
UBC Opens Canada’s First Purpose-Built Biomedical Engineering Facility
The University of British Columbia has officially opened the Gordon B. Shrum Building, a $139.4 million, state-of-the-art facility that now houses Canada’s first purpose-built School of Biomedical Engineering.
How Receipt Scanners Can Revolutionize Your Business's Expense Tracking
The management of business expenses is a significant aspect of operations that can significantly affect profitability and efficiency. Traditional methods, such as keeping physical receipts or manually entering expenses, are often prone to errors and inefficiencies.
GM Ingersoll Shuts Down Amid Soft Demand, Hundreds Face Layoffs
GM’s CAMI Assembly plant in Ontario pauses production till fall, leaving hundreds jobless in a move linked to low demand for its electric delivery vans.
China Slaps 125% Tariff on U.S. Goods, Raising Global Trade Tensions
China responds to Trump’s 145% tariff with 125% duties on U.S. goods, intensifying the trade standoff and rattling markets worldwide.
Prada Acquires Versace for $1.4 Billion Despite Tariff Turmoil
In a bold move signaling a major shift in strategy, Prada has sealed a $1.38 billion deal to acquire fellow Italian fashion icon Versace from Capri Holdings, even as global markets reel from U.S. tariff shocks.
OpenAI Countersues Musk, Alleging ‘Harassment’ and “Sham Bid”
OpenAI battles Elon Musk in court, alleging harassment and “sham” takeover bids as the ChatGPT creator defends its for-profit transition and soaring valuation.
Helicopter Crashes into Hudson River, Killing Six Including Spanish Tourist Family
A tragic helicopter crash over New York City has claimed six lives, including a family of five Spanish tourists and the pilot, after the aircraft broke apart midair and plunged into the Hudson River Thursday afternoon.
Dow Surges 2,000 Points After Surprise Tariff Pause Announcement by Trump
Trump slaps 125% tariffs on China, then issues a 90-day pause for other nations, spurring a sudden market rally and setting off high-stakes trade talks.
China Ups Retaliatory Tariffs to 84%, Shaking Global Markets Yet Again
China hikes tariffs on U.S. goods to 84% in retaliation, rattling stocks and sparking fresh fears that global trade tensions could tip economies into chaos.
How to Optimize Your Collections Process and Boost Cash Flow
Managing accounts receivable effectively is crucial for maintaining a healthy cash flow. A streamlined collections process ensures that payments are received on time, reducing outstanding invoices and minimizing financial risks. If your business struggles with late payments, it’s time to optimize your collections strategy.
RFK Jr. to Urge CDC to End National Fluoride Recommendation
U.S. Health Secretary Robert F. Kennedy Jr. announced plans to advise the CDC to stop recommending the fluoridation of public drinking water nationwide. The move, revealed during a press conference in Utah, marks a major shift in federal health policy and comes as the Environmental Protection Agency begins reviewing new scientific data on potential fluoride-related health risks.
BYD Tops Tesla in Europe’s EV Race for First Time
BYD edges past Tesla in April EU EV sales—7,231 vs 7,165—signaling a seismic shift in Europe’s electric-car hierarchy and stoking fresh price pressure.
Bitcoin Smashes $112K as Institutions Pile In and US Debt Worries Grow
Bitcoin surges above $112 K on ETF demand, corporate buys, and pro-crypto US policy, outshining shaky stocks and debt-downgrade jitters.
Trump Threatens 25 % Tariff on iPhones and 50 % Levy on All EU Imports
Trump vows 25 % duty on foreign-made iPhones and 50 % tariff on EU imports from 1 June, risking pricier phones, costlier goods, and fresh market turmoil.
House OKs Trump’s ‘One Big Beautiful Bill,’ Sends $3.8 T Tax-Cut Package to Senate
House squeaks through Trump’s $3.8 T tax-cut plan 215-214; Medicaid, SNAP cuts spur deficit fears as bill heads to a divided Senate before July 4.
Web Summit Debuts in North America, Puts Vancouver’s Cleantech on Center Stage
Web Summit’s first North American edition lands in Vancouver, with a Climate Innovation Zone spotlighting BC cleantech, daily power pitches, and big deals ahead.
G42, OpenAI & NVIDIA Unite to Build ‘Stargate UAE’—World’s Biggest AI Cluster Outside the U.S.
G42, OpenAI and tech giants unveil Stargate UAE: a 1-GW AI super-cluster in Abu Dhabi, first 200 MW online 2026, powering next-gen research and industry.
OpenAI Buys Jony Ive’s io for $6.5 B, Sets Sights on AI-First Consumer Hardware
OpenAI buys Jony Ive’s io for $6.5 B, forming a hardware arm to craft voice-first AI devices that could rival the iPhone’s impact.
TD Bank to Trim 2 % of Jobs, Targets $650 M in Annual Savings
TD Bank to cut 2 % of staff, book up to $700 M in charges, and chase $650 M yearly savings as tariffs and credit risks weigh on second-quarter results.
Canada Post Faces Friday Walkout as Union Rejects 13 % Wage Offer
Postal union rebuffs Canada Post’s 13 % raise, citing part-time push and benefit delays; strike could halt mail nationwide after Friday’s midnight deadline.
Moody’s Downgrade Spurs Treasury Sell-Off, Pushing Rates Toward New Highs
Moody’s cuts US debt to Aa1, driving 30-year yields over 5 %. Expect costlier mortgages, cards, and loans unless Washington reins in ballooning deficits.
Two Israeli Embassy Staff Killed Near Capital Jewish Museum
Two Israeli Embassy staff tragically killed in DC shooting. Investigate security, geopolitical tensions & global diplomatic safety.
Tornado Outbreak Leaves 28 Dead and Up to $11 B in Damage Across Central US
More than 70 tornadoes kill 28 and rack up $9–$11 B in damage from Missouri to Kentucky; 2025 now on track for worst US tornado year in a decade.
Trump Reveals $25 B ‘Golden Dome’ Missile Shield, Eyes 2030 Completion
Trump pitches $25 B “Golden Dome” shield of satellites and interceptors to defend US from hypersonic, space-launched missiles—critics warn of huge costs.
Allies Warn Israel: Lift Gaza Blockade or Face Sanctions, Say UK, France, Canada
UK, France and Canada warn Israel to reopen Gaza crossings or face sanctions as aid trickle and fresh offensives deepen fears of famine and displacement.
Former President Biden Begins Treatment Talks After Stage-4 Prostate Cancer News
Biden, 82, reveals Stage-4 prostate cancer that’s spread to bone; hormone therapy offers hope as experts weigh best treatment path.
CATL Surges 18% in Hong Kong’s Biggest 2025 IPO as EV Battery Demand Soars
CATL’s Hong Kong debut jumps 18%, raising US$4.55 B to fund new EV-battery plants and R&D, reinforcing its lead despite US trade tensions.
OpenAI Launches Codex, a Standalone AI Agent That Codes Without You
OpenAI is making a bold play in the coding space with the launch of Codex, its new AI-powered software engineering agent. Unlike most dev tools that sit beside you as you work, Codex runs completely on its own in the cloud—writing code, fixing bugs, running tests, and reviewing codebases without needing constant input.
OpenAI Unveils Codex: Web-Based Agent Automates Coding Tasks
OpenAI’s Codex turns ChatGPT Pro into a browser-based coding agent that writes, tests, and explains code, helping devs automate chores without hidden surprises.
Fresh DOJ Inquiry Sends UnitedHealth Shares to New Five-Year Lows
DOJ criminal probe into Medicare billing knocks UnitedHealth stock 7%, compounding leadership shake-up and earlier profit worries.
Israeli Air Strikes Kill 114 in Gaza as Ground Push Looms
At least 114 killed as Israeli jets pound Gaza, hospitals overflow, and ceasefire talks stumble amid deepening humanitarian crisis.
Cannes Film Festival Says ‘No’ to Nudity on the Red Carpet This Year
The Cannes Film Festival has officially updated its dress code—and this time, it’s taking aim at bare-all looks. As the 78th edition gets underway, organizers have clarified a long-unspoken rule: full nudity is now explicitly banned across all areas of the festival, including the red carpet.
Microsoft Cuts 6,000 Jobs, Trimming 3% of Global Workforce
Microsoft slashes 6,000 jobs to streamline ops despite record earnings, trimming layers as it pivots deeper into AI-first cloud strategy.
U.S. Tech Giants Score Major AI Deals as Trump Tours Gulf, Nvidia Leads the Charge
U.S. tech firms just landed a wave of AI deals across the Middle East, with Nvidia, Cisco, and others inking agreements as President Trump tours the Gulf region, boasting $600 billion in AI investment commitments from Saudi Arabia alone.
Mission: Impossible – The Final Reckoning Set for Global Release This May
Tom Cruise pushed a biplane stunt to its limits while filming Mission: Impossible – The Final Reckoning, leaving his team convinced he’d blacked out.
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