The recent implementation of a 25% tariff on parts imported from Mexico and Canada by the Trump administration is already sending shockwaves through the automotive industry. Critics of this policy argue that it creates a scenario rife with instability and unpredictability. The revelation that around one-third of North American vehicle production might be cut is
Business
The recent plunge in U.S. airline stocks, hitting their lowest points since late last year, paints a foreboding picture for the travel industry, which had previously basked in a glow of strong consumer demand. This downturn follows an unsettling backdrop of new tariffs imposed by President Donald Trump on both Canadian and Mexican goods, alongside
Serena Williams, a name synonymous with excellence in tennis, is expanding her horizons beyond the court by investing in women’s sports. In a significant move, she has acquired an ownership stake in the newly formed Toronto Tempo, the Women’s National Basketball Association’s (WNBA) first expansion team in Canada, set to kick off its inaugural season
As the conversation around investment strategies shifts towards a blend of profitability and social impact, more high-net-worth individuals are stepping forward to invest in initiatives that champion a diverse array of causes. One prominent figure in this movement is Melinda French Gates, who, with an eye toward enhancing women’s rights and economic mobility, has committed
In a strategic maneuver aimed at reclaiming market dominance, Domino’s Pizza is finally launching its version of stuffed crust, set to debut on Monday. This move marks a significant development in the competitive pizza landscape, where the concept of stuffed crust originated with Pizza Hut three decades ago. Originally unveiled with much fanfare, including an
In recent years, airlines have placed significant emphasis on upgrading their first and business-class offerings to attract high-paying travelers. Features like heated or cooled seats, ultra-high-definition entertainment systems, and private cabins have become the benchmarks of premium air travel. However, as various aircraft manufacturers rush to roll out new planes with these luxurious innovations, they
As the aviation industry continues to evolve, one of the most pressing issues for airlines is the provision of inflight Wi-Fi. American Airlines is now testing complimentary Wi-Fi on select routes, representing a potential shift in strategy amidst growing pressure from competitors. The tests will take place on three specific routes: between Charlotte Douglas International
The Consumer Financial Protection Bureau (CFPB), established to protect consumers from financial malfeasance, is reportedly on the brink of an unprecedented transformation – or perhaps dismantlement – under the direction of the Trump-appointed leadership. Recent revelations indicate that nearly all 1,700 employees are facing termination. This situation stems from meetings conducted by senior CFPB officials
The confirmation hearing of Jonathan McKernan to lead the Consumer Financial Protection Bureau (CFPB) has become a focal point in ongoing discussions about the future of consumer protection in the United States. McKernan, a seasoned former board member of the Federal Deposit Insurance Corporation (FDIC), faced rigorous interrogations from Democratic senators, including prominent figures such
In a surprising announcement on Wednesday, Jeff Bezos, the notable founder of Amazon and owner of The Washington Post, declared a significant new direction for the newspaper’s opinion pages. The changes, which focus explicitly on promoting “personal liberties and free markets,” have ignited a wave of responses from both supporters and detractors within the journalism