The decision affects relatively few vehicles because the vast majority that General Motors sells there are made in that country. Source link
Category: Business
Business News
23andMe to Be Bought by Regeneron Pharmaceuticals, a Biotech Company, for $256 Million
Regeneron Pharmaceuticals said it would acquire 23andMe, which filed for bankruptcy in March and would continue to offer consumer DNA testing services. Source link
Trump Berates Walmart and Mattel for Warning About Tariff Price Increases
The president recently attacked Walmart, saying it should “eat” the costs rather than pass them on to customers. Source link
Spain Orders Airbnb to Take Down 66,000 Rental Listings
The government is widening a crackdown on tourist rentals as it seeks to alleviate a painful housing crunch. Source link
Trump Wants to Fulfill His ‘No Tax On Tips’ Promise. The Details Get Tricky.
The idea is politically popular, but the tax benefits may not go as far for low-income workers as many may think. Source link
India Arrests an Academic for Antiwar Posts on Instagram
The arrest of a political science professor and other incidents show Indian leaders’ sensitivity to the political fallout from the military flare-up. Source link
SPAC Deals Are Back, This Time With a Trump Bump
President Trump’s associates and crypto entrepreneurs are rushing back to the market for the once-hot, but mostly troubled, investment vehicles called special purpose acquisition companies. […]
‘Sesame Street’ Signs New Streaming Deals With Netflix and PBS
The deal is a much-needed shot in the arm for Sesame Workshop, the nonprofit that produces “Sesame Street” and has been struggling financially. Source link
CBS News President to Depart Amid Network’s Tensions With Trump
Wendy McMahon, the president of CBS News and Stations, had allied herself with Bill Owens, the “60 Minutes” executive producer who recently resigned. Source link
Tariff Uncertainty Threatens to Drag Down Europe’s Economic Growth
The European Union scaled back its forecast for growth in 2025 by nearly half a percent, as the jump in tariffs and surrounding chaos bite. […]