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.
Breaking News
View All
Latest Breaking News Articles
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.
Air India Plane Crash Leaves 241 Dead; One Passenger Walks Away Alive
Air India 787 crashes after take-off in Ahmedabad, killing 241; one British passenger survives, India declares 3-day mourning, probe underway.
Google Cloud Outage Disrupts Major Web Services Worldwide
Google Cloud hiccup knocks out Firebase, Shopify, GitHub and more, highlighting how one backbone outage can stall apps and services worldwide.
DoorDash Acquires Symbiosys in $175M Deal to Supercharge Its $1B Ad Business
DoorDash is diving deeper into digital advertising with the $175 million acquisition of Symbiosys, a move aimed at turning its billion-dollar ad division into a true industry force. Announced Wednesday, the purchase brings Symbiosys’ off-platform ad reach into DoorDash’s toolkit.
GM Invests $4 B Into U.S. Plants, Shifts Focus Back to Gas-Powered Trucks and SUVs
GM commits $4 B to U.S. plants, retooling for gas SUVs and pickups amid EV demand slowdown—balancing profit today with zero-emission goals for 2035.
Canada Moves Forward on New Alexandra Bridge, Aiming for 2032 Opening
Ottawa names three bidder teams for a progressive design-build of the new Alexandra Bridge, targeting first traffic in 2032 and faster, greener delivery.
Disney and Universal Sue Midjourney Over AI Use of Iconic Characters
Hollywood’s copyright wars just escalated. Disney and Universal have filed a major lawsuit against AI image generator Midjourney, accusing the company of “rampant copyright infringement” and labeling it a “bottomless pit of plagiarism.”
Former Student Kills 10 in Graz High-School Rampage, Austria Mourns
Graz school shooting kills 10; gunman, a former student, dies by suicide. Austria enters three days of mourning and renews debate on gun laws.
Meta Wants to Automate the Ad World—And Agencies Are on Edge
Meta is pushing to fully automate the $700 billion advertising industry by the end of 2026—and it’s already sending shockwaves through traditional agencies.
OpenAI and Google Join Forces in Unexpected AI Cloud Deal
OpenAI has officially signed on to use Google’s cloud infrastructure—despite being two of the fiercest competitors in the artificial intelligence space.
Apple WWDC 2025: iOS 26, Apple Intelligence, and AI-Fueled Upgrades Unveiled
WWDC kicks off with Liquid Glass UI, smarter Siri, and a bold AI play to catch up with competitors.
OpenAI Forced to Store Deleted ChatGPT Chats “Indefinitely” Amid NYT Lawsuit
A court order tied to The New York Times’ copyright case is overriding OpenAI’s 30-day deletion policy—raising privacy concerns.
Hooters Shuts Down Over 30 Locations in Sudden Move Amid Business Restructuring
The company cites a shift to a franchise-only model and economic challenges for the closures, affecting restaurants in more than 10 states.
ECB Cuts Deposit Rate to 2%, Signals End of Easing Cycle Is Near
ECB trims deposit rate to 2%, its eighth cut in a year, hints just one more may follow as inflation cools and tracker borrowers pocket savings.
Record Launch Demand for Nintendo Switch 2 Signals $200 B Game Market Surge
Switch 2 launch sparks global sell-outs and could lift 2025 console revenue to $16.5 billion, cementing Nintendo’s post-pandemic comeback.
Procter & Gamble to Lay Off 7,000 Workers Amid Tariffs and Slowing Consumer Spending
The consumer goods giant is launching a global restructuring plan as rising costs and economic uncertainty hit demand. The company, which owns major household brands like Tide, Pampers, and Gillette, said tariff-related expenses—have pushed it to rethink product sourcing, pricing, and market presence.
Dallas Cowboys Cheerleaders Netflix Show Returns for Season 2—Here’s What We Know
Netflix is bringing back America’s Sweethearts: Dallas Cowboys Cheerleaders for Season 2 this summer. From retirements to fresh drama, here’s everything we know.
Amazon to Invest $10 Billion in North Carolina for AI and Data Center Campus
The tech giant’s new campus in Richmond County promises to create at least 500 jobs, boost infrastructure, and turn the rural region into a growing hub for AI and cloud computing.
Canadian Wildfire Smoke Covers One-Third of U.S., Triggers Air Quality Alerts
Smoke from 200+ Canadian wildfires now blankets a third of the U.S., spiking air-quality alerts across New England, NYC and the Midwest.
Bank of Canada Holds Benchmark Rate at 2.75% as Tariff Risks Loom
BoC freezes rate at 2.75% amid tariff turmoil and volatile inflation, leaving July’s call wide open as economists debate recession risks.
Trump Slaps 50 % Tariffs on Canadian Steel & Aluminum—Ottawa Plots Retaliation
U.S. doubles metals tariffs to 50 %. Ottawa fumes, industry panics, negotiators scramble for a deal before layoffs hit Canada’s steel heartland.
Edmonton is Ready as Oilers Kick Off Stanley Cup Final Rematch with Panthers
Edmonton is absolutely buzzing as the Oilers get ready to host the Florida Panthers in Game 1 of the Stanley Cup Final. It’s the rematch fans have been waiting for since last year’s heartbreak, and this time, the Oilers have home ice to kick things off. You can feel the energy in the city—it’s loud, it’s hopeful, and it’s long overdue.
Meta Strikes 20-Year Deal with Illinois Nuclear Plant to Power AI Push
Meta has inked its first nuclear energy agreement, signing a 20-year deal with Constellation Energy to help keep the Clinton Clean Energy Center in Illinois running. The move comes as tech giants scramble to secure long-term power for data centers and AI operations amid rising energy demands.
Hudson’s Bay to Lay Off Over 8,300 Employees as Stores Shut Down
Hudson’s Bay, Canada’s oldest retailer, is laying off more than 8,300 employees by June 1 as it permanently closes all 96 of its stores. The move comes after the company filed for creditor protection in March and failed to secure financing to restructure.
Toronto’s Humber River Hospital Sues Builder for $100M Over Uneven Floors, Safety Risks
Humber River Hospital is suing the consortium behind its construction for $100 million, claiming sloppy design and construction have left large sections of the hospital with uneven, deteriorating floors — and it's now creating serious safety and operational challenges.
Feature Insights
View All
