Nvidia and Other Chip Giants Are Caught in Trade War Crossfire
Nvidia and others are the latest casualties of escalating tensions between Washington and Beijing, as analysts press business leaders about the tariffs fallout. Source link
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CDC says measles cases are most likely underreported as outbreak swells in Texas
Measles cases are most likely being underreported in the United States as public health officials scramble to find resources to address a ballooning outbreak in the Southwest, according to a senior scientist at the Centers for Disease Control and Prevention. So far this year, 747 cases have been recorded in the United States, according to…
Tariff Confusion and Recession Fears Leave Advertisers ‘Paralyzed’
Persuading people to spend money in a time of unpredictable tariffs is proving to be a complicated calculation for the $380 billion American advertising industry. Should a retailer commit to holiday television commercials for toys manufactured by newly vulnerable trading partners? How do social media companies account for the potential disappearance of Chinese companies that…
Stocks Tumble in Asia as Tech Investors Pull Back
Share prices of big technology companies declined in Asia on Wednesday, dragging broader markets lower, after Nvidia, the American chip giant, revealed that the U.S. government would restrict sales of some of its chips to China. They are the first major limits that President Trump’s administration has put on semiconductor sales abroad. Nvidia dominates the…
Trump Has Mixed Emotions Toward Japan
This month in the White House’s Rose Garden, as he held up a placard showing the global wave of tariffs he wanted to impose, President Trump paused to fondly recall a fallen friend. “The prime minister of Japan, Shinzo, was — Shinzo Abe — he was a fantastic man,” Mr. Trump said during the tariff…
China Girds for Economic Stress of Trump’s Tariffs
President Trump’s tariffs have been good for China’s economic growth. At least they were over the first three months of the year, as the country’s factories raced to ship exports ahead of the trade restrictions. China’s National Bureau of Statistics reported on Wednesday that the country’s gross domestic product grew 1.2 percent from the last…
Wink Martindale, host of game shows “Tic-Tac-Dough” and “High Rollers,” dies at 91
Game show host Wink Martindale, known for “Tic-Tac-Dough,” “High Rollers” and “Gambit,” has died, according to his official Facebook page. He was 91. “Wink was amazing, funny and talented,” the post on his Facebook page reads. “Truly a LEGEND!” The host, born Winston Martindale, had a 74-year career, according to Nashville Publicity Group, which also…
Trump Seeks to Lower Drug Prices Through Medicare and Some Imports
President Trump signed an executive order on Tuesday outlining a series of actions intended to lower drug prices, including helping states import drugs from Canada. The policies were more modest than proposals to reduce drug prices that Mr. Trump offered in his first term. And one of his new directives could increase drug prices. It…
Figma confidentially files for IPO a year after ditching Adobe deal
Dylan Field, co-founder and CEO of Figma Inc., after the morning sessions at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2024. Bloomberg | Bloomberg | Getty Images Design software maker Figma said on Tuesday that it has submitted paperwork to the U.S. Securities and Exchange Commission for…
White House Ends a Regular Reporting Slot for Independent Newswires
The Trump administration said Tuesday that it would no longer reserve a regular slot in the presidential press pool for three independent newswires that have participated for decades, including The Associated Press. The move is the latest effort by the White House to exert more control over the dedicated press corps that reports on its…