U.S. President Donald Trump reads about tariffs on steel and aluminum, as Howard Lutnick stands in the background, in the Oval Office of the White House in Washington, U.S., Feb. 10, 2025. Kevin Lamarque | Reuters President Donald Trump set an Oval Office news conference on his plan to impose reciprocal tariffs on other countries…
Cars dominate America. About 92% of U.S. households have access to a car. But only about 55% of Americans have access to public transit. And only about 3.5% take advantage of the options available. The average American drives twice as much as the average German, said Peter Norton, a professor at the University of Virginia. The…
Christian Klein, CEO of the software group SAP, during the annual press conference. Europe’s largest software manufacturer SAP is today announcing its figures for the past financial year. Uwe Anspach | Picture Alliance | Getty Images SAP is one of the world’s largest software companies. Databricks is among the fastest growing. On Thursday, the two…
Pints of Ben & Jerry’s ice cream are seen on a shelf at Ideal Fresh Market of Church Ave on March 19, 2024 in the Flatbush neighborhood of Brooklyn borough in New York City. Michael M. Santiago | Getty Images Consumer goods giant Unilever on Thursday posted slightly weaker-than-expected sales growth and pointed to a…
DUBAI, United Arab Emirates — Hedge fund titan Ray Dalio issued a fresh warning about the U.S. economy, warning of dire consequences if the Trump administration does not cut the country’s debt. “It’s like if I was a doctor and I was speaking with you about your condition, I would say to you, this is…
President Donald Trump speaks to the media while flanked by Senate Majority Leader Mitch McConnell after arriving at a Senate Republican weekly policy luncheon at the U.S. Capitol on March 26, 2019. Mark Wilson | Getty Images Republican Sen. Mitch McConnell is speaking out against President Donald Trump’s sweeping tariff plans, warning that starting trade…
Cisco CEO Chuck Robbins speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Cisco shares climbed about 6% in extended trading on Wednesday after the networking hardware maker reported fiscal second-quarter results and guidance that topped Wall Street’s expectations. Here’s how the company…
Adam Foroughi, CEO of AppLovin. CNBC AppLovin shares soared almost 30% in extended trading on Wednesday after the company reported earnings and revenue that sailed past analysts’ estimates and issued better-than-expected guidance. Here’s how the company performed compared with analysts’ expectations, according to LSEG: Earnings per share: $1.73 vs. $1.24 expected Revenue: $1.37 billion vs….
Google chief executive Sundar Pichai speaks during the tech titan’s annual I/O developers conference on May 14, 2024, in Mountain View, California. Glenn Chapman | Afp | Getty Images Google will start using artificial intelligence to determine whether users are age appropriate for its products, the company said Wednesday. Google announced the new technique for…
Acting director of the Office of Management and Budget Russell Vought speaks with reporters during a press briefing at the White House in Washington on March 11, 2019. Jonathan Ernst | Reuters The Consumer Financial Protection Bureau sent termination notices to several dozen employees late Tuesday, according to people with knowledge of the situation. The…
