Trump gets a boost as Panama Canal ruling ups the ante in U.S.-China power struggle

Trump gets a boost as Panama Canal ruling ups the ante in U.S.-China power struggle

The Portuguese cargo ship MSC Maxine is pictured at the Port of Balboa at the entrance to the Panama Canal in Panama City on April 23, 2025. The Port of Balboa is managed by CK Hutchison Holdings, based in Hong Kong. Martin Bernetti | Afp | Getty Images Panama’s top court has ruled against Hong … Read more

Apple can’t secure enough chips as iPhone demand surges, memory prices rise

Apple can’t secure enough chips as iPhone demand surges, memory prices rise

Apple CEO Tim Cook holds up a new iPhone 17 Pro during an Apple special event at Apple headquarters in Cupertino, California, Sept. 9, 2025. Justin Sullivan | Getty Images Apple reported blowout first-quarter earnings on Thursday, and predicted growth of as much as 16% in the current quarter, matching the period that just ended. … Read more

Farmers Enjoy Record Spring Harvests Despite Drought Thanks to Mixture of New and Old Methods

Farmers Enjoy Record Spring Harvests Despite Drought Thanks to Mixture of New and Old Methods

Darla Hueske – via Unsplash Farming adaptations have seen Canada’s farmers turn out record harvests in the middle of a 5-year drought. Truly unsavory conditions, like oppressive rainfall followed by an immediate return to drought, would typically have left the wheat on Simon Ellis’ fields shriveled and worthless. Instead, plump grains were ready to be … Read more

Starbucks to unveil long-term outlook at investor day, as Niccol says turnaround is just beginning

Starbucks to unveil long-term outlook at investor day, as Niccol says turnaround is just beginning

Starbucks is expected to release a long-term forecast and share more details about how it plans to hit those financial targets at an investor presentation held in New York City on Thursday. When Starbucks suspended its outlook in October 2024, its long-term forecast projected global same-store sales would grow at least 5%, revenue would climb … Read more

Drugmakers Roche and Sanofi talk up their pipelines, as earnings fail to excite

Drugmakers Roche and Sanofi talk up their pipelines, as earnings fail to excite

Drugmakers Roche and Sanofi’s latest earnings were largely as expected, with the companies talking up the potential of experimental medicines ahead of a looming “patent cliff” for Big Pharma. Both companies’ stocks were down less than 1% on Thursday after reporting earnings before the bell. They are both among the pharmaceutical companies that could see … Read more

Carvana shares fall 14% following short-seller accusations

Carvana shares fall 14% following short-seller accusations

A Carvana used-car vending machine displays vehicles in Miami, Dec. 9, 2022. Joe Raedle | Getty Images Shares of Carvana plummeted 14.2% Wednesday following short-seller accusations that the online used retailer overstated earnings with the help of businesses controlled by CEO Ernie Garcia III’s family.  Gotham City Research alleged Wednesday that the online used car … Read more

Southwest ends open seating after 54 years. Here’s what the last flight was like

Southwest ends open seating after 54 years. Here’s what the last flight was like

OVER THE PACIFIC OCEAN — The 112 passengers on this Southwest Airlines red-eye flight from Honolulu to Los Angeles were the last in the airline’s more than 54-year history to scramble for a seat on board. Before dawn on Tuesday, Southwest ended its quirky (or anxiety-inducing, depending on the traveler) open-seating policy in favor of … Read more

AI’s Latest Trick Is Pulling Valuable Commodities Out of Our Trash

AI’s Latest Trick Is Pulling Valuable Commodities Out of Our Trash

Amp Robotics released As prices of recycled paper, plastic, and aluminum increase, waste management firms are seeing an unexpected return on investment from their installations of AI-powered robotic trash sorters. Certainly with any robotic system, the ROI is expected to come from labor saving, but due to a variety of factors such as tariffs on … Read more

Intel says it will match government’s ‘Trump Accounts’ contribution to kids of employees

Intel says it will match government’s ‘Trump Accounts’ contribution to kids of employees

The Intel logo is displayed on a sign in front of Intel headquarters on Jan. 22, 2026 in Santa Clara, California. Justin Sullivan | Getty Images Intel, which now counts the U.S. government as its largest shareholder, said on Tuesday that it will match the Trump administration’s $1,000 payout for children of eligible U.S. employees. … Read more

GM expects to top Ford in U.S. vehicle production as it faces up to $4 billion in tariff costs

GM expects to top Ford in U.S. vehicle production as it faces up to  billion in tariff costs

General Motors Chevrolet Traverse sport utility vehicles sit on the assembly line at the company’s Lansing Delta Township Assembly Plant in Lansing, Michigan, Feb. 21, 2020. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors expects to outproduce crosstown rival Ford Motor to become the top assembler of vehicles in the U.S. in … Read more