A US judge ruled Google violated antitrust laws by maintaining a search monopoly. The remedy phase of the trial, concluding today, focuses on consequences. The Department of Justice proposed forcing Google to divest Chrome, a move Google opposes citing security and cost concerns. However, competitors like Yahoo...
Ferrero, the Italian candy giant, will launch Nutella Peanut, its first new flavor in 60 years, in April 2026. The new spread, developed over five years, will be produced exclusively at Ferrero's Franklin Park, Illinois factory, resulting in a $75 million investment and 65 new jobs. This Chicago-made...
Warren Buffett, the 94-year-old CEO of Berkshire Hathaway, announced his retirement at the company's annual meeting in Omaha, Nebraska. Tens of thousands attended the event, highlighting Buffett's immense popularity and the trust he's cultivated over six decades. He will remain chairman, with Greg Abel succeeding him as CEO...
European stocks opened higher on Friday, boosted by a new UK-US trade agreement and anticipation of US-China trade negotiations this weekend. The Stoxx Europe 600 index rose 0.4%, with the FTSE 100 and other major European indexes also gaining. This positive start follows Thursday's mostly positive close, despite...
US tariffs imposed by President Trump are forcing businesses to raise prices, prompting many to transparently show the tariff costs to consumers. Small businesses, particularly vulnerable, are highlighting the impact on price tags to maintain customer trust, while larger companies like Amazon have considered similar measures, though denied plans...
President Trump announced a new trade framework with the UK, marking the first such agreement since pausing some tariffs. The deal includes tariff adjustments on steel, aluminum, and autos, with the UK easing barriers on certain products in return. The agreement secures a $10 billion Boeing parts purchase...
President Trump announced a reduced 10% tariff on British luxury cars like Rolls-Royce, Range Rover, and Aston Martin, exempting them from the 25% tariff on auto imports. However, he maintained steep tariffs on Mattel toys, despite the company's efforts to diversify its supply chain away from China. Trump justified...
Microsoft has increased prices on several Surface accessories, including the Surface USB-C Travel Hub and Surface Arc Mouse. This follows recent price hikes on Xbox consoles. While some Surface devices are still available at discounted prices from third-party retailers like Best Buy, these deals are expected to disappear...
The US and UK have reached an agreement to reduce tariffs on certain goods, offering relief to UK industries impacted by Trump-era tariffs. The deal includes lowering import taxes on 100,000 British cars annually to 10%, and slashing tariffs on steel and aluminum. While hailed as significant by...
Bill Gates announced he will double his charitable giving to $200 billion over the next 20 years, aiming to address global challenges like children's health and climate change. Motivated by a desire to avoid dying rich and inspired by Andrew Carnegie, Gates plans to give away "virtually all" his...
