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Yahoo News UKTrump tariffs live: UK to consider 'retaliatory action' over US hikes
US president's 10% tariffs on UK could cause "untold damage", businesses warn - but Britain gets off lightly compared to other countries.
- Cover Media
Trump Mocked for Imposing Tariffs on Penguin-Populated Islands
Donald Trump has drawn mockery after new global tariffs included the uninhabited Heard and McDonald Islands, home only to penguins, seals, and birds. The 10% tariff was part of the Trump administration's “reciprocal” trade measures, targeting Australian territories as listed on a White House chart.
- The Canadian Press
NYC Mayor Eric Adams will skip Democratic primary and run for reelection as an independent
New York City Mayor Eric Adams on Thursday said he will pull out of the city's Democratic primary and instead run for reelection as an independent, arguing that his recently dismissed federal bribery case had made it impossible to mount a primary campaign.
- Reuters
'Disappointed but relief it's not worse', UK chocolate maker counts cost of tariffs
Premium British chocolate maker Montezuma's hopes the higher duties imposed on its European rivals could be an advantage for its U.S. export ambitions, after Britain escaped the steepest of President Donald Trump's tariffs. Britain was spared the most punitive treatment in Trump's tariff announcement on Wednesday, when it was hit with the lowest import duty rate of 10%, and it is pinning its hopes on securing a trade deal with the U.S. to soften the blow. The European Union was hit with a 20% rate, while Switzerland, a major exporter of premium chocolate, received more than triple Britain's tariff at 31%.
- Yahoo Sports
U.S. to host 2031 Women's World Cup, FIFA president says
The United States, and "potentially" some regional partners, will "bid" unopposed for the 2031 Women's World Cup.
- The Canadian Press
US and global markets plunge after Trump tariffs heighten chance of a broader trade war
Wall Street followed global markets sharply lower Thursday after U.S. President Donald Trump announced tariffs on imports of goods from around the world.
- USA TODAY
Photos show destruction after storm rips through central US, causing tornadoes
Several states in the central U.S. were hit hard overnight by a deadly storm that reportedly caused flash flooding and even destructive tornadoes.
- Insider Monkey
Here’s What Strengthens Artisan Global Opportunities Fund’s Conviction in GE Vernova (GEV)
Artisan Partners, an investment management company, released its “Artisan Global Opportunities Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here. US equities experienced significant gains in Q4, showcasing a strong year. The portfolio showed slight weakness in Q4 but posted a strong absolute return in 2024. In the fourth […]
- Business Insider
Some of China's biggest e-commerce sites are already hurting badly from a new US rule
US President Donald Trump has signed an executive order to end de minimis tariff exemptions for packages up to $800 from China and Hong Kong.
- PA Media: UK News
Charity watchdog opens case into Harry’s Sentebale amid ‘concerns raised’
Last week it emerged that several trustees had left the charity in a dispute with its chairwoman.
- Investor's Business Daily
Dow Jones Futures Plunge 1,200 Points On Trump Tariffs; Apple, Nvidia, Tesla Dive
Dow Jones futures plunged 1,200 points Thursday on President Donald Trump's bigger-than-expected tariffs. Apple, Nvidia and Tesla dived.
- Reuters
Auto tariff to cost US consumers more than $30 billion in first year, report shows
AEG expects manufacturers to reduce the number of models sold in the U.S., shift some production to the country and pass almost all costs related to tariff on to consumers. Trump unveiled a 25% tariff on imported cars and light trucks last month. "If you are in the market for a new car and you find one you like, my advice is to buy it right away," said AEG CEO Patrick Anderson.
- Associated Press Finance
Why Rihanna's expanding Clara Lionel Foundation is seen as a model for celebrity philanthropy
Rihanna is accustomed to defying convention. The nine-time Grammy winner has turned her wide-ranging string of hits, including “Umbrella” and “Work,” into a business empire worth an estimated $1.4 billion, placing her high on last year's Forbes list of the richest “self-made” American women. The Barbados native stunned entertainment’s biggest stage with a pregnancy reveal during her solo 2023 Super Bowl halftime show. Named after Rihanna's grandparents and funded partially through her brands, the Clara Lionel Foundation is coming off a “refresh” that is poised to direct more funds toward climate solutions and women's entrepreneurship in the under-invested regions of East Africa, the Caribbean and the U.S. South.
- Investor's Business Daily
Dow Jones Futures Dive On Huge Trump Tariffs; Tesla, Apple, Nvidia, Taiwan Semi, Palantir Sell Off
Futures plunged on President Trump's "reciprocal" tariff plans. Trump tariffs will be especially high on China, Taiwan and Europe.
- The Canadian Press
Justice Department declined to prosecute Texas AG Paxton in final weeks of Biden's term: AP sources
WASHINGTON (AP) — The Justice Department quietly decided in the final weeks of the Biden administration not to prosecute Texas Attorney General Ken Paxton, effectively ending the corruption investigation that cast a long shadow over the political career of a close ally of President Donald Trump, The Associated Press has learned.
- Yahoo Sports
Fifth federal lawsuit filed against Michigan and ex-coach Matt Weiss after he was charged with hacking into athletes' accounts
Weiss is accused of accessing the personal accounts of female college athletes across the country to find their 'intimate digital photgraphs and videos.'
- GuruFocus.com
ExxonMobil's Global Business Solutions Head to Lead Product Solutions Unit After McKee's Retirement
Crocker currently serves as president of Global Business Solutions and has been with ExxonMobil since 1995.
- Yahoo Finance
Trump tariffs live updates: Trump's sweeping 'Liberation Day' tariffs draw retaliation threats
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
- The Canadian Press
The Latest: Key US trading partners and global officials react to Trump's new tariffs
Sweeping new tariffs announced Wednesday by U.S. President Donald Trump provoked dismay, threats of countermeasures and calls for further negotiations to make trade rules fairer.
- The Telegraph
Rapist’s criminal record is so bad he can’t be deported
A rapist’s criminal record is so bad that he cannot be deported back to his home country, an immigration tribunal has ruled.