Companies
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Large U.S. multinationals should soon start showing the positive effects of the dollar’s tumble in recent months, reversing the situation in the past few years when the greenback’s strength hurt companies with significant foreign revenue. The Dollar Index, which measures the buck’s strength against six major currencies, is […]
Crypto companies race to secure banking foothold in US Financial Times Source link
The Justice Department announced criminal charges Monday in a scheme by North Korea to fund its weapons program through the salaries of remote information technology workers employed unwittingly by U.S. companies. The charges arose from what law enforcement officials described as a nationwide operation that also resulted in the seizure of financial accounts, websites and […]
CNN — President Donald Trump on Friday demanded Apple and other smartphone makers like Samsung make their phones in the United States or face a 25% tariff. “I have long ago informed Tim Cook of Apple that I expect their iPhone’s . . .
Global businesses rejected two million more invoices in the first three months of the year than in the same period last year, as companies scrambled to stockpile cash and delayed paying their suppliers under the threat of a tariff war. In the first quarter of 2025, 2.9 million invoices were rejected, up from about 750,000 […]
Last month, Paolo Ardoino, the chief executive of the cryptocurrency company Tether, joined business executives and U.S. lawmakers for a private lunch at the Willard, a luxury hotel near the White House. For years, Tether had faced accusations that it lied about its finances and allowed crime to flourish on its platform. But at the […]
Since the start of President Trump’s second term in office, a number of corporations have announced plans to expand their production capabilities in the U.S. The announcements come as some of the Trump administration’s new tariffs take effect, with other import duties still pending. Although not all the companies expecting to grow their manufacturing footprint in […]
William_potter | Istock | Getty Images The U.S. on Tuesday added dozens of Chinese tech companies to its export blacklist in its first such effort under the Donald Trump administration, as it doubles down on curtailing Beijing’s artificial intelligence and advanced computing capabilities. The U.S. Department of Commerce’s Bureau of Industry and Security added 80 […]
US companies drop DEI from annual reports as Trump targets corporate values Financial Times Source link
Elon Musk’s Tesla has warned that Donald Trump’s trade war could expose the electric carmaker to retaliatory tariffs that would also impact other automotive manufacturers in the US. In an unsigned letter to Jamieson Greer, the US trade representative, Tesla said that it “supports fair trade” but that the US administration should ensure that it […]