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Business, Stocks

“GameStop shares soar 12% after retailer says it will invest corporate cash in bitcoin…” Shares drop 12% Two Days Later Thus Breaking Even

March 27, 2025

“…The meme stock jumped 11.7% Wednesday following the news. The announcement confirmed CNBC’s reporting in February of GameStop’s intention to add bitcoin and other cryptocurrencies to its balance sheet… https://www.cnbc.com/2025/03/25/gamestop-says-it-will-add-bitcoin-as-a-treasury-reserve-asset.html “GameStop shares drop 12%, reversing Wednesday’s rally, on planned debt issue to buy bitcoin The… Continue Reading…

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Business, Economy

“Volkswagen and Stellantis evade Trump’s 25% tariffs, while BMW braces for impact”

March 10, 2025

“Last week, it was announced that President Donald Trump’s new 25% tariffs on Mexico and Canada would exempt vehicles that comply with the USCMA trade deal. German carmaking giant Volkswagen told CNBC that its operations meant it would be exempt… Continue Reading…

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Business

“Just Eat shares soar 54% after Prosus offers to buy food delivery firm for $4.3 billion”

February 24, 2025

“European food delivery giant Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion). The offer valued Just Eat’s shares at 20.3 euros each, representing a premium of 63%… Continue Reading…

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Business, Cryptocurrencies

“GM expects to mitigate up to 50% of potential North American tariffs, which Ford describes as ‘chaos’”

February 12, 2025

“General Motors believes it can mitigate up to 50% of potential North American tariffs threatened by President Donald Trump on imports from Canada and Mexico, CEO Mary Barra said Tuesday. That includes GM potentially avoiding short-term impacts of between 30%… Continue Reading…

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Business, Economy

How Media Lies [Half Truths & Deceit]: “Trump calls USAID a ‘tremendous fraud.’ His wife and daughter promoted its work”

February 10, 2025

“On her four-country jaunt through Africa in 2018 — her first major solo international trip as first lady — Melania Trump offered praise for what she described as “successful” USAID programs as she observed them up close…” https://abcnews.go.com/Politics/trump-calls-usaid-tremendous-fraud-wife-daughter-promoted/story?id=118547473 Long story short the… Continue Reading…

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Business, Stocks

“Why legendary industrial giant Honeywell is breaking up”

February 7, 2025

Honeywell ended months of speculation on Thursday by announcing it would split into three listed companies: Honeywell Automation, Honeywell Aerospace, and Advanced Materials. The automation business will stay focused on building that technology, while aerospace is dedicated to tech for plane cockpits.… Continue Reading…

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Business

“Advocacy Group, Unions Sue Treasury Department Over [Alleged] Illegal DOGE Data Access”

February 5, 2025

“Represented by Public Citizen Litigation Group and State Democracy Defenders Fund, the Alliance for Retired Americans, the American Federation of Government Employees (AFGE), and the the Service Employees International Union (SEIU) filed suit today against the Department of the Treasury for sharing… Continue Reading…

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Business

“CIA Offers Buyout to Entire Workforce as Part of Trump Makeover”

February 5, 2025

“The Central Intelligence Agency offered buyouts to its entire workforce Tuesday, in what officials said is a bid to bring the agency in line with President Trump’s priorities, including targeting drug cartels.  The CIA appeared to be the first intelligence… Continue Reading…

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Business, Economy

“About 100,000 eggs worth $40K stolen from trailer in Pennsylvania”

February 5, 2025

“Thieves poached about 100,000 eggs from the back of a distribution trailer, authorities in Pennsylvania said. The theft occurred around 8:40 p.m. Saturday at Pete and Gerry’s Organics LLC in Greencastle, police said in a report. The eggs are worth about… Continue Reading…

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Business

[Chinese Computer Chip Maker] “DeepSeek’s ‘Sputnik moment’ sparks rout in AI-linked stocks”

January 27, 2025

“…Investors hammered technology stocks on Monday, sending the likes of Nvidia and Oracle plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts on dominance of U.S. companies in this sector. Startup DeepSeek last week launched a… Continue Reading…

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