By Reuters Published May 28, 2025 Boards and the owners of retailers whose shares have been pummeled by U.S. President Donald Trump’s trade war are increasingly warming to offers to sell – and to escape the market chaos that has caused company valuations to seesaw in recent months. Skechers Following sneaker-maker Skechers’ take-private deal earlier…
By Reuters Published May 23, 2025 European luxury stocks declined sharply on Friday following U.S. President Donald Trump’s announcement recommending a 50% tariff on European Union goods, set to take effect on June 1. Trump’s tariffs hit European luxury industry, shares tank – Reuters The luxury sector—which includes handbags, shoes, fashion goods, and champagne—relies heavily…
President Trump has long railed against drug traffickers. He has said they should be given the death penalty “for their heinous acts.” On the first day of his second term, he signed an executive order listing cartels as “terrorist organizations.” But many public health and addiction experts fear that his budget proposals and other actions…
Caught up in the tariff spat between the United States and Canada is a little-known treaty that shapes the lives of millions of Americans and Canadians. The 60-year-old treaty governs the water rushing down the Columbia River, which snakes from British Columbia through Montana, Idaho, Washington and Oregon, and provides the single largest source of…
In the four years since its first flight, Avelo Airlines has gained loyal customers by serving smaller cities like New Haven, Conn., and Burbank, Calif. Now, it has a new, very different line of business. It is running deportation flights for the Trump administration. Despite weeks of protests from customers and elected officials, Avelo’s first…
President Trump said on Wednesday that he would nominate Casey Means, a Stanford-educated doctor turned critic of corporate influence on medicine and health, as surgeon general. Dr. Means, an ally of the health secretary, Robert F. Kennedy Jr., has described becoming disillusioned by establishment medicine. She rose to prominence last year after she and her…
In a Boston V.A. hospital, six social workers are conducting phone and telehealth visits with veterans from a single, crowded room, clinicians say. In Kansas City, providers are planning patient care while facing each other across narrow, cafeteria-style tables in a large, open space, according to staff members. And in South Florida, psychiatric nurses have…
Sitting in front of a packed auditorium in Dubai, a founder of the Trump family cryptocurrency business made a brief but monumental announcement on Thursday. A fund backed by Abu Dhabi, he said, would be making a $2 billion business deal using the Trump firm’s digital coins. That transaction would be a major contribution by…
The pitch from “ZMoney” arrived on the encrypted messaging app Signal just days before Donald J. Trump’s presidential inauguration. “ZMoney” was Zachary Folkman, an entrepreneur who once ran a company called Date Hotter Girls and was now representing World Liberty Financial, the cryptocurrency firm that Mr. Trump and his sons had recently unveiled. Mr. Folkman…
By Reuters Published April 17, 2025 The ripple effects of Donald Trump’s global trade war are increasingly being felt across numerous industries all at once and on Wednesday were once again exerting pressure on U.S. stock markets that have been roiled for weeks by his erratic trade policies. President Donald Trump – White House Stocks…