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Mexico’s President Claudia Sheinbaum gestures as she speaks about U.S. President Donald Trump’s policies during a press conference at the National Palace, in Mexico City, Mexico January 21, 2025. REUTERS/Henry Romero Henry Romero | Reuters President Donald Trump on Monday said he is pausing for one month his new 25% tariffs on goods imported from…
Listen to article NEW DELHI: India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman announced in the annual budget on Saturday, in a boost for local production efforts and benefiting firms such as Apple and Xiaomi. India’s electronics production has more than doubled in the last six years to…
A Honda sedan moves down the assembly line on Jan. 28, 2025 at the automaker’s assembly plant in Marysville, Ohio. Michael Wayland / CNBC MARYSVILLE, Ohio — Honda Motor is launching the next generation of its manufacturing in a historically unusual place for the 75-year-old Japanese automaker: Ohio. Honda is in the midst of completing…
A car carrier trailer waits in line next to the border wall before crossing to the United States at Otay commercial port in Tijuana, Baja California state, Mexico, on Jan. 22, 2025. Guillermo Arias | AFP | Getty Images DETROIT — Tariffs announced Saturday by the Trump administration of 25% on goods from Canada and Mexico as…
President Donald Trump ‘s proposed tariffs on some of the U.S.’s major trading partners — Mexico, Canada and China — present a challenging headwind for U.S. companies that depend on the affected countries for imports and manufacturing. While forecasts on the full economic impact of tariffs vary across Wall Street, the levies are widely expected…
Search and rescue teams work in the aftermath of the collision of American Eagle flight 5342 and a Black Hawk helicopter that crashed into the Potomac River, with the Capitol dome in the background, as seen from Virginia, U.S., Jan. 30, 2025. Carlos Barria | Reuters How an Army Black Hawk helicopter collided with American…
Nvidia CEO Jensen Huang is in Washington, D.C., and will be meeting with President Donald Trump on Friday afternoon, CNBC has confirmed. The main topic Huang and Trump are expected to discuss is U.S. artificial intelligence policy, according to people familiar with the matter who asked not to be named because they weren’t authorized to…
The United Food and Commercial Workers Local 7 said union members in metro Denver and Boulder have voted overwhelmingly to authorize a strike against King Soopers. The timing and locations of strikes will be announced publicly before any labor action starts, the union said. The union announced the results Thursday night after two days of…
Apple’s overall revenue rose 4% in its first fiscal quarter, but it missed on Wall Street’s iPhone sales expectations and saw sales in China decline 11.1%, the company reported Thursday. But shares rose about 3% in extended trading after the company gave a forecast for the March quarter that suggested revenue growth. Here’s how Apple…
Intel issued disappointing quarterly guidance on Thursday, but reported earnings and revenue that topped estimates. Shares were up 3% after hours. Here’s how the company did in the fourth quarter compared with LSEG estimates: Earnings per share: 13 cents adjusted vs. 12 cents expected Revenue: $14.26 billion vs. $13.81 billion expected Intel’s revenue declined for…
