Author: Daniel snow
Employee compensation saw a far more modest increase compared to chief executives. Source link
Boeing Co. 737 Max fuselages at the company’s manufacturing facility in Renton, Washington, on April 15, 2025.Bloomberg | Bloomberg | Getty ImagesBoeing’s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO Kelly Ortberg said Thursday, as he brushed off the impact of tit-for-tat tariffs with some of the United States’ largest trading partners this year.Ortberg had said last month that China had paused deliveries.”China has now indicated … they’re going to take deliveries,” Ortberg said. The first deliveries will be next month,” he told a Bernstein conference on Thursday.Boeing,…
Wall Street is optimistic after the chip maker disclosed a strong ramp-up of its Blackwell AI platform and increasing demand from hyperscalers. Source link
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. Cheng / AFP) (Photo by I-HWA CHENG/AFP via Getty Images) I-hwa Cheng | Afp | Getty ImagesWhen Nvidia CEO Jensen Huang appeared at Computex in Taipei last week, his presence dominated headlines. But it wasn’t his keynote that drew political attention — it was what he said after the speech.In interviews on the sidelines of the event, Huang sharply criticized U.S. export controls on AI chips, calling them a “failure.” He blamed both the Trump and Biden administrations for triggering a…
Read what Wall Street analysts write — but don’t pay too much attention to their numerical forecasts. Source link
National Economic Council Director Kevin Hassett speaks to reporters at the White House in Washington, D.C., U.S., April 14, 2025. Kevin Lamarque | ReutersA top economic advisor to President Donald Trump expressed confidence Thursday that court rulings throwing out aggressive tariffs will be overturned on appeal.Kevin Hassett, director of the National Economic Council, said in an interview that he fully believes the administration’s efforts to use tariffs to ensure fair trade are perfectly legal and will resume soon.”We’re right that America has been mishandled by other governments,” Hassett said during a Fox Business interview. “This trade negotiation season has been really,…
Tesla’s stock is rallying as investors cheer a return of Elon Musk as a full-time CEO, and is fast approaching a key chart level that if cleared could target a return to record levels. Source link
In May, the Institute for the Quality of Life released its 2025 Happy City Index.The 200 cities in the report were separated into three groups: gold, silver, and bronze, with gold meaning those cities scored the highest across all metrics combined.To rank the world’s happiest cities, researchers tracked 82 indicators of happiness across six major categories:CitizensGovernanceEnvironmentEconomyHealthMobility2025 is the first year the index included health as a category. It’s something that Dr. Bartosz Bartoszewicz, Director and Co-creator of the Index, tells CNBC Make It was an important addition because of the covid-19 pandemic.”We’ve added health, and we didn’t know what the…
Shares of Nvidia surged after the AI giant’s latest blockbuster earnings report. Source link
Kohl’s beats sales expectations for the first time in more than three years, and keeps its outlook intact, to assuage some tariff fears. Source link