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.
Hudson’s Bay to Change Corporate Name After Canadian Tire Acquisition
Hudson’s Bay is set to change its legal name following Canadian Tire’s acquisition of its intellectual property. The historic retailer will retain its brand under new ownership as the court oversees the company’s restructuring and formal rebranding process under CCAA.
Listeria Outbreak Linked to Chicken Alfredo Meals Triggers Major Recall After 3 Deaths
A deadly listeria outbreak tied to FreshRealm’s chicken Alfredo meals sold at Walmart and Kroger has killed 3 and caused a pregnancy loss. Multiple products have been recalled as the CDC investigates cases across 13 states. Consumers are urged not to eat affected items.
SpaceX Starship Explodes During Texas Test, Raising Concerns Over Moon and Mars Missions
SpaceX’s Starship exploded during a routine test at its Texas Starbase facility, marking the fourth failure this year. No injuries were reported, but the rocket’s reliability is under scrutiny as it's key to NASA's Artemis Moon missions and Elon Musk’s Mars colonization plans.
Lakers Sold in Record $10B Deal: Start of Mark Walter's Reign
The Los Angeles Lakers have been sold for a record-breaking $10 billion, ending the Buss family’s 46-year legacy. New owner Mark Walter, already behind the Dodgers and Chelsea FC, takes over as Jeanie Buss remains governor. Here's what this game-changing sale means for the NBA’s most iconic team.
Tyler Perry Sued for $260M by Actor Alleging Sexual Assault on Set of TV Shows
Tyler Perry, the renowned Hollywood filmmaker and media mogul, is facing a $260 million lawsuit filed by actor Derek Dixon, who accuses him of sexual assault and harassment during their work together on the television series The Oval and Ruthless.
Nippon Steel Officially Acquires U.S. Steel in $14.9B Deal
After 18 months of uncertainty and political pushback, Nippon Steel has finalized its $14.9 billion acquisition of U.S. Steel — but not without a twist. As part of the national security agreement, the Trump administration now holds what’s known as a “golden share,” giving the U.S. government a rare level of power over a private company
Microsoft and AMD Team Up for Next-Gen Xbox Chips, Including Handheld Consoles
Microsoft is doubling down on its Xbox hardware ambitions. The company announced a multi-year partnership with AMD to co-develop custom chips for its next wave of gaming systems — spanning traditional consoles to new handhelds like the Xbox Ally and Ally X.
Trump Grants Another TikTok Extension, Avoids Immediate Ban Amid Sale Uncertainty
President Donald Trump will once again delay the ban on TikTok, extending the deadline for ByteDance to sell its U.S. operations to a domestic buyer. The new 90-day extension, announced Tuesday, gives the Chinese-owned app more time to comply with a 2024 law that demands divestiture over national security concerns.With
Streaming Officially Surpasses Cable and Broadcast as Top TV Viewing Source in the U.S.
Streaming has officially taken over as the dominant form of TV consumption in the U.S., according to new Nielsen data. For the first time ever, streaming services accounted for 44.8% of total TV viewership in May 2025, edging out the combined share of broadcast and cable, which dropped to 44.2%.
Amazon CEO Says AI Will Shrink Corporate Workforce in Coming Years
Amazon CEO Andy Jassy confirmed what many in tech have been anticipating: generative AI is reshaping the workforce, and Amazon’s corporate headcount will shrink as a result. In a memo sent Tuesday, Jassy said the company will need fewer employees to do jobs that AI can now handle.
PC Optimum Just Got New Changes — Canadians Can Now Earn Points Through DoorDash
Earning rewards just got a lot more delicious. Starting June 16, PC Optimum members can collect points not only at Loblaw stores but also through eligible DoorDash orders from restaurants and participating grocery outlets across Canada.
Intel to Lay Off 20% of Factory Workforce in July Amid Strategic Shift
Intel is preparing for another wave of major layoffs this July, with reports confirming the company will cut 15–20% of its global factory workforce. The move comes as part of a broader restructuring effort under new CEO Lip-Bu Tan, despite the company still turning a profit in several divisions.
Oilers Stanley Cup Final, Panthers One Win Away From the Cup
The Florida Panthers took control of the Stanley Cup Final with a commanding 5-2 win in Game 5, pushing the Edmonton Oilers to the brink of elimination. Despite a packed Rogers Place crowd and a golden opportunity to shift momentum, the Oilers once again came out flat. They need to bring it all for tomorrow's next game.
WhatsApp to Start Showing Ads in App for the First Time
WhatsApp is officially getting ads. Meta announced on Monday that its messaging platform — long famous for its ad-free, private interface — will begin displaying advertisements within the “Updates” tab, marking a major shift for the service used by over two billion people worldwide.
Kering Names Renault’s Luca de Meo as New CEO in Bold Bid for Luxury Turnaround
In a surprise shakeup at the top of French luxury giant Kering, the group behind Gucci, Saint Laurent, and Balenciaga has appointed Luca de Meo — a veteran automotive executive and former CEO of Renault — as its new chief executive.
Tesla Unveils Upgraded Model S and X With Longer Range, Sleeker Design
Tesla debuts sleeker Model S and X: up to 410-mile range, new suspension, quieter cabin—now $5k pricier as shares inch higher despite rough 2025 start.
Mattel Taps OpenAI: First AI-Powered Barbie Toy Arrives This Holiday
Mattel teams with OpenAI to launch its first AI-powered toy this year, blending ChatGPT tech with Barbie and Hot Wheels for smarter, personalized play.
Nippon Steel Stock Jumps 3 % After Trump Green-Lights US$14.9 B U.S. Steel Takeover
Trump okays Nippon’s US$14.9 B buyout of U.S. Steel; shares climb as US$11 B investment plan unlocks coveted American market access.
Reddit Rolls Out AI-Powered tools to Turn User Chatter Into Ad Gold
Reddit debuts AI dashboard and comment summaries so brands can spot trends and embed positive user buzz directly under their ads.
Summer Fridays Are Disappearing — But is it a Fair Trade?
It’s the end of an era for the beloved Summer Friday. Once a rising perk, the number of North American workers enjoying early Friday finishes has dropped from 55% in 2019 to just 11% today.
Snap Bets $3 B on Wearables: Consumer-Ready Smart Glasses Launch Next Year
Snap’s $3 B AR gamble goes retail: lightweight Specs smart glasses launch 2026 to challenge Meta and lure creators into everyday mixed reality.
New Perk: Executive Costco Shoppers Get $10 Off Same-Day Orders Over $150
Costco’s Executive members score a $10 Instacart credit each month on same-day orders over $150—fresh relief as grocery inflation outpaces CPI.
Siri’s AI Upgrade May Not Land Until Spring 2026—Is Apple Already Too Late?
Apple’s long-awaited Siri overhaul—powered by Apple Intelligence—won’t hit your iPhone until at least spring 2026, according to a new report from Bloomberg’s Mark Gurman. That puts its release nearly two years after it was originally teased and raises a serious question: by the time it finally arrives, will anyone still care?
Tehran Shaken as Israeli Air Assault Eliminates IRGC Chiefs and Nuclear Scientists
Israel’s massive pre-dawn raid wipes out Iran’s nuclear chiefs, sparks drone counterattack, and pushes the region to the brink of full-scale war.
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