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News archive · May 2025 · Page 44

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McDonald's Sales Plunge Amidst Economic Uncertainty

McDonald's reported its worst US sales drop in five years, a 3.6 percent decline in same-store sales during the March quarter. This is attributed to lower customer counts amid economic uncertainty fueled by Trump-era tar…

GM Lowers 2025 Guidance Amid Tariff Adjustments

GM lowered its 2025 financial guidance, projecting net income of $8.2 billion to $10.1 billion, down from previous estimates. This revised forecast incorporates the impact of recent trade policy changes, including tariff…

McDonald's US Sales Plunge, Worst Since Pandemic

McDonald's reported mixed first-quarter results, with U.S. same-store sales falling 3.6%, the worst decline since the pandemic's onset. This exceeded analyst predictions of a 1.7% drop, attributed to bad weather and caut…

Hemsworth, Berry Heist Thriller Gets February Release

Chris Hemsworth and Halle Berry star in the heist thriller 'Crime 101', directed by Bart Layton. Based on Don Winslow's novella, the film follows a detective investigating a series of elaborate jewel heists. The star-stu…

Ford Highlights Ohio Manufacturing Amidst Trump's Trade War

Ford showcased its Ohio manufacturing operations, highlighting the Sharonville transmission plant producing parts for vehicles like the Lincoln Navigator and Ford Expedition. The company welcomed President Trump's measur…

De Niro Supports Daughter's Transgender Identity

Robert De Niro publicly expressed his love and support for his daughter, Airyn, who recently came out as a transgender woman in an interview with Them. Airyn discussed embracing her identity and the influence of Black wo…

Morgan Wallen Catalog Stake Sold for $200 Million

Big Loud Records has sold a minority stake in Morgan Wallen's music catalog to Chord Music Partners for a reported $200 million. The deal, supported by several partners including Universal Music Group, aims to expand Big…

West Coast Ports Face Cargo Crisis Amidst Tariff Turmoil

West Coast ports are experiencing a significant drop in cargo shipments from Asia in May, down by approximately 40% compared to typical levels. Port commissioners attribute this to high tariffs, particularly the 145% tar…

Apple Found in Contempt, Must End Anticompetitive Practices

A judge ruled Apple in "willful violation" of a 2021 injunction, ordering it to cease anticompetitive practices regarding in-app purchases. Epic Games sued Apple for continuing to charge commissions on purchases made via…

Onyx Unveils $1900 Color E Ink Monitor

Onyx International unveiled the Boox Mira Pro, a $1,900, 25.3-inch color E Ink monitor. Utilizing E Ink Kaleido 3 technology, it offers up to 4,096 colors but compromises on refresh rate and image quality depending on th…

Apple Ordered to Loosen App Store Control

A federal judge ordered Apple to stop collecting commissions on some app sales, concluding a five-year antitrust case brought by Epic Games. Judge Yvonne Gonzalez Rogers criticized Apple for defying a previous ruling tha…

Sheryl Crow: Armed Intruder After Tesla Protest

Singer Sheryl Crow, known for her outspoken views, recently experienced a frightening incident after publicly protesting Elon Musk and Donald Trump. She sold her Tesla and donated the proceeds to NPR, sparking backlash, …

Fortnite Returns to US App Store After Apple Court Loss

Following a court ruling that found Apple in willful violation of a 2021 injunction, Fortnite is returning to the US iOS App Store next week. Judge Yvonne Gonzalez Rogers stated Apple's anticompetitive practices, includi…

Trump Organization Strikes Controversial Qatar Golf Deal

The Trump Organization announced a deal to build a luxury golf resort in Qatar, its first foreign deal since Donald Trump's presidency. The project, involving Saudi Arabian firm Dar Global and Qatari Diar, a government-o…

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