Iran's Strait Of Hormuz Toll Scheme Faces Backlash From Global Trade Officials
Iran's plan to collect tolls in the Strait of Hormuz faces pushback from global trade officials over freedom of navigation concerns.
LA28 Olympics Ticket Prices Spark Outrage; CEO Reynolds Hoover Promises Relief
A28 Olympic ticket prices spark backlash as CEO Reynolds Hoover defends costs and promises more affordable ticket releases.
FedEx Pilots Tentatively Win Major Wage Gains After Years Of Talks
FedEx pilots secure a tentative deal with major pay raises and retroactive bonuses after nearly five years of negotiations.
Josh D'Amaro Kicks Off Disney Leadership With Workforce Reductions Affecting 1,000 Employees
Disney plans to lay off up to 1,000 employees as new CEO Josh D'Amaro begins leadership amid ongoing cost-cutting efforts.
Editor's Pick
Ford Recall Targets Over 422,000 Vehicles With Potential Wiper Arm Failure
Ford recalls over 422,000 vehicles in the U.S. due to faulty wiper arms that may fail and increase crash risk.
Delta, Southwest Airlines Adjust Fees Amid Middle East Tensions And Rising Fuel Costs
Delta and Southwest Airlines raise checked bag fees as rising fuel costs tied to Middle East tensions impact the aviation industry.
Alphabet Shares Dip 0.47% As Investors Weigh AI Spending Vs. Antitrust Risks Ahead Of Q1 Earnings
Alphabet Inc. Class C shares (NASDAQ: GOOG) slipped 1.40 points, or 0.47%, to $296.26 in morning trading Tuesday, April 7, 2026, as investors continued to balance the company's aggressive artificial intelligence investments against ongoing antitrust pressures and broader market caution tied to geopolitical tensions.
Investors
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Regions
Colombia Gives In To US Deportation Flights To Avoid $53.5B Trade War
Colombian President Petro blocked US deportation flights, prompting Trump's tariff threats, but after escalating tensions, Colombia agreed to accept the flights, avoiding a trade war.
Democratic Rep. Slams Trump Over Tariffs On Countries Sending Oil To Cuba: 'Designed To Cause a Humanitarian Collapse'
US Seizes Record $15 Billion in Bitcoin From Global 'Pig Butchering' Scheme Linked to Chen Zhi
EU Faces 'Transitional Period' After Trump's New Import Surcharge Shakes Trade Deal
A months-long transitional period looms in transatlantic trade as President Donald Trump's new import surcharge threatens last year's U.S.-EU trade deal.
Novo Nordisk CEO Faces Investigation After Senate Reveals Ozempic And Wegovy Cost Up To 13 Times More In The US
Novo Nordisk CEO Lars Fruergaard Jørgensen will face a Senate hearing over the high prices of weight loss drugs Wegovy and Ozempic in the US.
Seized US Canned Food Company Looks to China, North Korea as Russian Sales Crash
China Imposes Retaliatory Tariffs on US Imports, Launches Google Antitrust Probe
Deals
Funding
AI Startup Funding Surging Despite Sting of High Interest Rates
AI startups are riding a wave of fresh capital in 2025—even as the Federal Reserve keeps interest rates at multi-decade highs. Instead of slowing down, the sector is posting some of its boldest funding figures yet, fueled by surging demand for both AI infrastructure and specialized applications.
Cost Over Climate: Australians To Spend AU$80B On Energy Upgrades
On average, households plan to spend AU$7,500 on energy-efficient upgrades over the next five years, which could add up to more than AU$80 billion nationwide. About 50% of Australians want to make their homes eco-friendlier, driven mostly by a desire to reduce energy costs.
Australian Superannuation Funds Rethink US Bets Amid Dollar Volatility
"Like every other fund, we are questioning our exposure to the U.S. It would be fair to say that we've hit peak exposure and will be reducing over time," said John Pearce, chief investment officer of UniSuper, said.
Trump UK Trade Deal Pumps Crypto: $ETH Skyrockets, $BTC Hits $103K, $XRP Surges
President Trump has announced a trade agreement with a long-time ally, pumping crypto prices, including Bitcoin, which had been struggling to return to $100,000 in recent weeks.
People
Epic Games CEO Tim Sweeney Slammed for 'Out of Touch' Layoff Comment After 1,000 Job Cuts
Tim Sweeney faces backlash after calling laid-off Epic Games employees "once-in-a-lifetime talent. Many people think there's something wrong with this tone.
US and China Open Bilateral Trade Talks in Paris Ahead of High-Level Summit
US and China held crucial trade talks in Paris ahead of President Trump's upcoming summit with Xi Jinping.
Starbucks Founder to Flee Washington With $3.5B Fortune After State Passes Millionaires Tax
The founder of Starbucks announced he was moving to Florida just as Washington state Democrats voted to create the state's first income tax, targeting those who make more than $1 million a year.
