Business

Apple Faces Downgrades Amid Weak iPhone Sales and AI Struggles

What Happened Jefferies analyst Edison Lee downgraded Apple (AAPL) to Underperform, reducing the price target by 13% to $200.75, citing weak iPhone sales and lackluster consumer interest in AI. Loop...

Biden Issues Preemptive Pardons for Trump Critics and Family Members

What Happened On his final day in office, President Joe Biden issued a sweeping set of preemptive pardons, shielding...

U.S. Stocks Dip as Investors Assess Earnings and Fed Rate Cut Outlook

Market Pulls Back After Strong Rally U.S. stocks edged lower on Thursday, giving up some gains from the previous...

Russia’s Hidden War Financing Poses Economic Threat

Russia’s Shadow Economy Funds Military Spending Russia is financing its record military spending through a hidden strategy that poses...

Israel and Hamas Reach Phased Ceasefire Agreement

Breaking the Cycle of Violence After 15 months of relentless conflict that has devastated Gaza and displaced millions, Israel...
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Nippon Steel Considers Legal Action After US Steel Deal Blocked by Biden

Nippon Steel’s Response Nippon Steel is contemplating legal action against the U.S. government after President Joe Biden blocked its $14.3 billion bid to acquire U.S....

Samsung Kicks Off 2025 with Galaxy Fit 3 and Galaxy A16 5G Launch

Samsung is starting 2025 strong by bringing two of its latest gadgets to the U.S. market: the Galaxy Fit 3 fitness tracker and the...

Why Might Mondelez Still Be Sweet on Hershey?

Mondelez International has reportedly reignited its interest in acquiring Hershey, sparking a sense of déjà vu among market analysts. Bloomberg reported that Mondelez made...

China Launches Antitrust Probe Into Nvidia

China’s State Administration for Market Regulation has announced an antitrust investigation into Nvidia, alleging violations of the country’s anti-monopoly laws. The probe marks a...

Jeff Bezos on Trump, Media, and the Future of The Washington Post

Speaking at The New York Times’ DealBook Summit on Wednesday, Amazon founder and Washington Post owner Jeff Bezos expressed optimism about the incoming Trump...

Apple Dominates U.S. Smartphone Market in Q3 Report

Apple continues to assert its dominance in the U.S. smartphone market, capturing over half of the market share in the third quarter of this...