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ECONOMY
Delta and Korean Air Invest $550 Million in WestJet

Delta and Korean Air invest $550 million in Canada's WestJet, acquiring a significant stake amidst a challenging travel environment.

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ECONOMY
China's Exports Surge Amidst Trade Tensions, Yet Shipments to US Decline

China's exports rose sharply in April despite US tariffs, with a notable decline in shipments to the US as trade talks approach.

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ECONOMY
EU Proposes $107 Billion in Retaliatory Tariffs Against U.S. Amid Ongoing Trade Negotiations

The EU announced plans to impose tariffs over $107 billion on U.S. goods if trade negotiations fail, targeting various sectors amid rising tensions.

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ECONOMY
Celsius founder Alex Mashinsky sentenced to 12 years for crypto fraud

Alex Mashinsky, founder of Celsius Network, receives a 12-year prison sentence for securities and commodities fraud.

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ECONOMY
Panasonic Plans Significant Workforce Reduction Amid Profit Forecasts

Panasonic announces a workforce reduction of 10,000 employees while expecting a significant profit increase in its battery division.

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ECONOMY
Trump Advocates for Higher Taxes on Wealthy Americans in GOP Tax Package

Trump revives the push for taxing the wealthy, proposing changes that may reshape GOP tax policy amidst internal party debates.

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ECONOMY
Bitcoin Surpasses $100,000 Amid US-UK Trade Deal Optimism

Bitcoin crosses $100,000 for the first time since February, fueled by a US-UK trade agreement easing trade tensions.

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ECONOMY
Toyota Forecasts Significant Profit Decline Amid Tariff Pressures

Toyota forecasts a 21% drop in profits for fiscal 2025 due to U.S. tariffs and an appreciating yen, highlighting the impact of trade relations on the auto industry.

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ECONOMY
Federal Reserve Holds Interest Rates Steady Amid Trump's Criticism

The Federal Reserve maintains interest rates while facing mounting pressure from President Trump, who calls chair Powell a "fool" over rate policies.

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ECONOMY
FTX lawsuit against Tom Brady, Stephen Curry, and others narrowed by judge's ruling

A federal judge has narrowed the FTX lawsuit against celebrities like Tom Brady and Stephen Curry, allowing only some claims to proceed.

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