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Trump Pitches External Revenue Service to Collect Tariffs: What to Know
President Trump wants an External Revenue Service to collect tariffs on imports. One trade expert said the move may be “more branding than substance.”The New York Times - Jan. 21 -
Apple's Smartphone Sales Slump in China as Huawei Gains Market Share
The U.S. tech giant’s fourth-quarter iPhone sales fell 18% in the world’s largest smartphone market.The Wall Street Journal - Jan. 21 -
Oil majors brace for falls in LNG revenues as prices stabilise
Profits expected to take hit as volatility drops in market that surged following Ukraine war outbreakFinancial Times - Jan. 21 -
The strong dollar conundrum facing the Trump administration
The U.S. dollar is expected to strengthen in 2025 due to the Trump administration's preference for a weaker dollar, but this could lead to high inflation and global economic turmoil.The Hill - Jan. 19 -
‘Young women can fall pregnant very easily’: inside the wild west of smartphone fertility apps
Observer analysis finds unregulated products being promoted as contraception despite concerns about their accuracy . Apps promising to help women “take control” of their sex lives by predicting the ...The Guardian - Jan. 19 -
The consensus on a strong dollar may be too complacent
There are at least three reasons why the greenback might not follow the script currently signalled by marketsFinancial Times - Jan. 19 -
WATCH: SoCal Strong: Donation total for fire victims
"GMA" announces our wildfire relief efforts have reached nearly $6.5 million thanks to generous contributions.ABC News - Jan. 17 -
CEO of Chinese smartphone brand Honor resigns due to personal reasons
Honor's focus on high-end devices and technology is expected to continue under Jian Li, who will succeed Zhao as CEO.CNBC - Jan. 17 -
UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing
But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.The New York Times - Jan. 16 -
Morgan Stanley more bullish on M&A as equity and bond revenues climb
Morgan Stanley beats earnings expectations amid strength in its equity and bond businesses.MarketWatch - Jan. 16 -
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.CNBC - Jan. 16 -
Morgan Stanley earnings jump on soaring trading and dealmaking revenues
Rival Goldman Sachs similarly reported robust performance in markets and investment banking unitsFinancial Times - Jan. 16 -
Apple loses smartphone crown in China as Vivo and Huawei outsell iPhone
US tech giant faces competition on mainland as it struggles to introduce AI features on its flagship productFinancial Times - Jan. 16 -
Trump Plans to Create an ‘External Revenue Service’ to Collect Tariffs
Despite vows to shrink the federal government, the President-elect wants to create a new agency for these taxes, even though the Commerce Department and the Customs and Border Patrol now handle ...Inc. - Jan. 15 -
Experian Posts Revenue Growth in Line With Guidance
The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.The Wall Street Journal - Jan. 15 -
Trump says he'll create "External Revenue Service" to collect tariffs
The federal government already collects tariffs, and deposits them in the General Fund of the United States.CBS News - Jan. 14 -
New Brazil law restricts use of smartphones in elementary and high schools
Brazil’s President Luiz Inácio Lula da Silva has signed a bill restricting the use of smartphones at school, following a global trend for such limitationsABC News - Jan. 13 -
Biden says he is "leaving the next administration with a very strong hand"
When President Biden took office four years ago, he sought to reassure global allies and reestablish foreign treaties from which the Trump administration had withdrawn.CBS News - Jan. 13 -
Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints
Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.MarketWatch - Jan. 13 -
Strong earthquake hits Japan, triggering tsunami alerts
A strong earthquake struck southwestern Japan, the U.S. Geological Survey said, prompting authorities to issue a tsunami advisory.CBS News - Jan. 13 -
Tsunami advisory lifted after strong earthquake hits Japanese coast
The U.S. Geological Survey put the quake’s preliminary magnitude at 6.8.ABC News - Jan. 13 -
Lululemon’s stock jumps as strong holiday sales show demand is improving
Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.MarketWatch - Jan. 13 -
The U.S. Economy May Be Too Strong for Its Own Good
The Fed may have to hold interest rates high until something breaks.Inc. - Jan. 13 -
Despite Nippon Steel Negotiation, U.S., Japan Retain Strong Relationship
Though the president blocked Japanese purchase of Nippon Steel, it remains a U.S. ally.Inc. - Jan. 12 -
FEMA administrator warns winds could make wildfires 'dangerous and strong again’
FEMA Administrator Deanne Criswell on Sunday warned that winds could worsen the wildfires in the coming days, as she urged residents to heed public advisories to stay far away from their homes. ...The Hill - Jan. 12 -
California fires weather forecast: Strong winds expected to increase fire danger
There has been a reprieve from the strongest winds in southern California, but winds are expected to pick up later into tonight, raising the fire danger.ABC News - Jan. 11 -
Strong Words Support Thought Top Flames Defenseman Is Staying With Flames
For now, Rasmus Andersson hopes he's still a member of the Calgary Flames after the NHL trade deadlineYahoo Sports - Jan. 11 -
Strong Job Market Could Prove Costly for Homebuyers and Businesses. Here’s Why
The job market has shown resilience with unemployment falling to 4.1 percent last month.Inc. - Jan. 10 -
New fears that strong winds will keep fueling Los Angeles wildfires
Deadly wildfires in Southern California remain mostly uncontained as of Friday evening. The Los Angeles County Medical Examiner's Office says at least 10 people have died. CBS News correspondent ...CBS News - Jan. 10 -
Live Updates: U.S. Job Growth Ends the Year Strong
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 percent.The New York Times - Jan. 10 -
Delta Air is betting on a strong 2025 driven by demand for premium travel
Delta Air Lines Inc.’s stock jumped 3.4% in premarket trade Friday, after the carrier beat fourth-quarter profit and revenue estimates and forecast a strong 2025 driven by demand for premium travel.MarketWatch - Jan. 10 -
The dangerous combination fueling the L.A. fires: Exceptional dryness and strong winds
Prolonged drought, an exceptionally dry winter and powerful Santa Ana winds set up a dangerous triple whammy of extreme conditions that have fueled several out-of-control wildfires in the Los ...NBC News - Jan. 9 -
First-time NBA All-Stars? These hopefuls have strong cases
Let’s take a look at some contenders, including Victor Wembanyama, who could make their All-Star debuts this February.Yahoo Sports - Jan. 8 -
Strong winds fuel Eaton Fire in California, forcing evacuations
In Pasadena, California, the Eaton Fire prompted mandatory evacuations. It was the second brush fire that exploded on Tuesday, fueled by strong winds.CBS News - Jan. 8 -
Fast-moving wildfire destroys homes as strong winds hit southern California
Fire quickly consumed hundreds of acres in the Pacific Palisades, an affluent community north of Santa Monica. Follow live: Wildfire billowed by ‘life threatening’ windstorm sweeps southern ...The Guardian - Jan. 8 -
Strong winds fuel rapidly expanding wildfires in Southern California
A combination of hurricane-force winds and dry vegetation is fueling wildfires that are rapidly spreading in Southern California. Thousands have had to evacuate, some forced to abandon their cars ...CBS News - Jan. 7 -
US stocks slide as strong data sends Treasury yields higher
Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figuresFinancial Times - Jan. 7 -
Drug Company to Share Revenues With Indigenous People Who Donated Their Genes
Variant Bio, a small biotech company based in Seattle, is using genetic information from Indigenous people to develop drugs for obesity and diabetes.The New York Times - Jan. 7