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John Deere is facing a lawsuit by the FTC and five states over its control on tractor repairs, with a judge ruling in favor of the case. The right to repair movement gains bipartisan support as the lawsuit proceeds, potentially impacting the agricultural industry.
Treasury Secretary Scott Bessent considers Breitbart News his number one news source, particularly enjoying the Business Digest newsletter. He clarified comments made about Breitbart during a House panel, which were misconstrued by the Daily Beast. Bessent will appear at a Breitbart News event in June.
Americans' fears of a stock market crash are rising due to economic uncertainty and President Trump's tariffs. Concerns over a broader economic slowdown have also increased. Personal finances are slipping, with people feeling worse off financially and opting for cheaper brands. The public's apprehension is further complicated by the administration's trade policy shifts.
Swedish pension fund AP7 has blacklisted and sold all its shares in Tesla due to verified violations of labor rights in the United States, despite years of dialogue and shareholder proposals.
Elon Musk's popularity among Republicans has declined after a public feud with President Trump. Despite overall popularity remaining stable, Republicans view him less favorably. The feud has also affected Tesla's image negatively, with protests and a drop in value. Democrats are more negative towards Musk and Tesla, linking them to Trump's agenda.
President Trump acknowledges concerns from agriculture and hospitality industries about his strict immigration policies affecting retention of long-time workers, while his own company continues to hire foreign workers through legal visa programs for its clubs and Virginia vineyard.
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Wayfair's Epic Summer Sale offers up to 72% off outdoor and indoor furniture, grilling accessories, and kitchen gadgets until June 16. Great deals on home furnishings for inside and outside.
A profile is a summary or a detailed description of an individual, organization, or entity, often highlighting key attributes, achievements, and characteristics.
Il Foglio editor Claudio Cerasa believes AI should be treated as a colleague in journalism. The newspaper experimented with AI-generated articles and plans to integrate AI-written content permanently. Cerasa emphasizes the importance of using AI to enhance rather than replace human intelligence.
President Donald Trump's 'big, beautiful bill' aims to exempt tips and overtime pay from federal taxation, proposing a 'Trump Tips and Overtime Deduction' for eligible workers. This policy is seen as a simpler and more efficient way to provide tax relief to working-class Americans.
Experts discuss the rise in popularity of generic store brands as consumers seek to save money on groceries. They highlight that store brands can be of similar quality to name brands, especially for staples like pasta, canned goods, and dairy products.
Asian markets opened lower after Israel attacked Iran's capital amid tensions over Tehran's nuclear program. Oil prices surged with U.S. benchmark crude up by 8.2%. U.S. stock indexes rose as Oracle delivered strong results. Jobless claims data and inflation reports impacted Treasury yields.
California Insurance Commissioner Ricardo Lara launched an investigation into State Farm for abusive practices against policyholders affected by the Palisades Fire and the Eaton Fire. State Farm dropped customers in fire-prone areas before the fires and was accused of being indifferent or abusive in helping policyholders rebuild. The investigation will look into issues like frequent reassignment of adjusters, inconsistent claims management, and inadequate record-keeping.
CNN is reportedly paying anchor Anderson Cooper $18 million a year, which could be in jeopardy as the network faces restructuring. Cooper's future with the network is uncertain following the announcement of a split by Warner Bros. Discovery boss David Zaslav.
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Bacon prices have risen almost 20% since last year due to market factors like tariffs and supply and demand. Prices vary depending on location, with California having higher prices due to regulations. Egg prices have declined in May after a recent increase.
CNN's parent company, Warner Bros. Discovery, is splitting into two companies due to CNN's declining ratings. The split will separate the 'good stuff' (streaming and studios) from the 'dead weight' (CNN and other networks). The dead weight company will likely focus on cost-cutting measures to boost its stock price, as cable TV is on the decline and CNN's ratings are plummeting.
Toyota Chairman Akio Toyoda raises concerns about the environmental benefits of battery electric vehicles, suggesting that hybrids offer a more practical path to reducing carbon emissions. He argues that Toyota's 27 million hybrid vehicles have the same carbon footprint as only nine million EVs when considering the full lifecycle of emissions.
President Trump signs legislation to reverse California's policy of phasing out gas-powered cars by 2035, drawing praise from industry leaders and automakers.
Prices of goods and services in the U.S. rose by less than expected in May, indicating that President Trump's tariffs are not significantly impacting inflation. The producer price index for final demand increased by 0.1%, half of what economists had predicted. Core producer prices rose by 0.1% as well. The index measures prices paid to domestic producers of goods and services, not just wholesale prices.
Klarna CEO admits AI will impact white-collar jobs, despite failed experiments in his own company. He plans to rehire after replacing 700 customer service positions with AI due to lower quality performance. AI boosters believe in human touch value but foresee job loss and recession.
Bally's Chicago settled a lawsuit after excluding White men from investing in their casino as part of a 25% minority and women ownership agreement. The controversial provisions were dropped, allowing investment from everyone.
Article discussing current TV deals from companies like Samsung, Amazon, and Walmart, providing details on various smart TV options for different budgets and needs.
White House Council of Economic Advisers Chairman Stephen Miran discusses the impact of denying student visas to China and hopes to address intellectual property theft in future trade talks. President Trump's negotiation skills are highlighted.
The 'Outnumbered' panel discusses Skittles' move to remove titanium dioxide from its ingredients amid the growing influence of the 'Make America Healthy Again' movement. Ozempic and other weight-loss drugs may be cutting through 'food noise,' yet the junk food industry is only getting louder.
Two former executives of OneTaste, a company promoting 'orgasmic meditation,' were found guilty of forced labor conspiracy charges for manipulating employees into degrading sex acts and financial ruin. They face up to 20 years in prison.
A profile is a summary or detailed description of a person or entity, often highlighting key characteristics or achievements.
Wages are rising faster than prices due to increased productivity and investment, leading to improved purchasing power for American workers. Inflation is low, and the economy is stable, signaling a positive trend.
United Natural Foods detected unauthorized activity on its systems, leading to sparsely stocked shelves at Whole Foods. The cyberattack has caused disruptions in their business operations and investigations are ongoing. The incident showcases the vulnerability of critical food distribution systems to digital threats.
Warner Bros. Discovery Inc. faces bond selloff and debt downgrade as it plans to spin off television channels from its studio and streaming businesses, causing confusion in the market.
U.S. meat producer Glenn Valley Foods had 30% of its staff detained in an immigration raid, leading to a significant drop in production. The potential deportation of undocumented workers could disrupt food production amidst soaring beef prices and a labor shortage in the meat processing industry.
Bryan Bedford, President Trump's nominee for the head of the Federal Aviation Administration, faced questioning from a Senate committee regarding his company's attempt to certify pilots with fewer flight hours, safety concerns, and the modernization of the air traffic control system.
Whole Foods issues warning to customers about potential food shortages following a cyberattack on its main supplier, United Natural Foods. Shelves in stores are empty due to the impact on product availability. UNFI is slowly restoring its systems to increase capacity over the coming days.
Treasury Secretary Scott Bessent defends provision in Trump administration's bill to prevent foreign governments from siphoning tax revenue from U.S. companies. The bill includes measures to retaliate against countries imposing unfair taxes on American firms. Corporate lobbyists are targeting the provision, arguing it could lead to retaliatory measures and complicate international investment. The goal is to pressure foreign governments to roll back discriminatory and coercive taxes.
Chatbots and Google's AI Overview feature are impacting website traffic for online publishers as users rely on quick answers provided by Google instead of clicking on search results. Leftist news outlets like HuffPost and Washington Post have experienced significant declines in organic search traffic due to AI technology. Business Insider and The Atlantic have also faced traffic drops, leading to layoffs and strategic changes. Google's shift to an 'answer engine' is forcing publishers to adapt to the changing landscape.
In-N-Out ranked as the top restaurant chain for employee satisfaction for the 10th consecutive year, with 91% of workers recommending the job to a friend. Factors contributing to this ranking include culture/values, senior management, and work/life balance.
A coalition of Tesla owners in France is suing the company over CEO Elon Musk's far-right political stances, resulting in a decline in sales and vandalism of Tesla vehicles. The lawsuit seeks to void leases and seeks repayment for damages.
Elon Musk reached out to President Trump to mend their relationship after a public fallout. Musk expressed regret for his previous attacks on Trump and deleted social media posts connecting Trump to Jeffrey Epstein. Both parties have a lot at stake in their relationship, with Musk being the bigger donor in Republican politics and Trump threatening SpaceX contracts. Efforts are being made to restore their relationship.
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President Trump announces a preliminary trade agreement with China but provides few details. Talks in London aimed to get the trade truce back on track after both sides accused each other of breaching a previous pact. China dominates the global supply of rare earth minerals and metals critical for everyday products.
Paramount Global is planning to cut 3.5% of its U.S. workforce in the next round of layoffs to address industry-wide declines and prioritize investments in its streaming business.
The United States and China have agreed to a new trade framework in London, focusing on critical mineral exports, tariff levels, and Chinese student access to U.S. universities. President Trump approved the deal, waiting for final sign-off from Chinese President Xi Jinping.
Nearly half of all Floridians are struggling financially, living paycheck to paycheck due to rising costs, including housing and child care, and insufficient wages. The state is facing an affordability crisis that is driving residents to the financial brink, potentially leading to migration and negative impacts on the workforce and local economies.
JPMorgan Chase CEO Jamie Dimon warns that the impacts of pandemic-era government spending and monetary policy are fading, leaving the U.S. economy vulnerable to a downturn. Dimon predicts a soft landing with decreased employment and increased inflation. He also expresses concerns about private credit markets.
Tech billionaire Elon Musk regrets some social media posts about U.S. President Donald Trump, leading to a public dispute and threats to his businesses.
Rep. Brandon Gill challenges 23andMe's former CEO Anne Wojcicki about transgender pronouns used in a social media post, she admits she is not 'up to speed' on the topic. Gill questions the company's stance on pronouns and transgender issues during a hearing.
Mass deportations could have a significant impact on industries that rely on people without legal status, such as construction, agriculture, and hospitality.
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Recent polls show a decline in Americans' interest in purchasing electric vehicles (EVs) compared to previous years. Reasons for the decline include concerns about charging infrastructure, long charging times, lack of uniformity in charging stations, and the high cost of EVs. The environmental benefits of EVs are also called into question due to the electricity generation process and the environmental impact of battery production and disposal.
Millions of Americans face plummeting credit scores due to rising student loan delinquency rates after the end of a payment pause, impacting their ability to make big purchases like homes and cars.
Mark Zuckerberg is assembling a team of experts to achieve artificial general intelligence (AGI) to accelerate Meta's AI development, forming the 'superintelligence group'. This move includes a multi-billion dollar investment in Scale AI and a focus on improving Meta's AI capabilities.
McDonald's shares fell after Redburn Atlantic gave a sell rating due to shifting consumer patterns, weight-loss drugs, and inflation concerns. Analysts predict potential revenue impact from weight-loss drugs and lowered price target. Despite recent decline in sales and traffic, McDonald's has increased average transaction amount through pricing.
Mark Guiducci has been named as the first global editorial director of Vanity Fair, overseeing the creative and editorial direction across multiple markets. He will start the role on June 30th, 2025.
Mark Guiducci, the creative editorial director at Vogue, will be the new global editorial director at Vanity Fair, filling the position recently vacated by Radhika Jones. Vanity Fair remains a prestigious publication in the midst of industry challenges.
Sam's Club is phasing out synthetic dyes and artificial ingredients from their food and beverages by 2025 in response to a call by HHS Secretary Robert F. Kennedy Jr. and FDA Commissioner Martin Makary. The initiative aligns with evolving dietary preferences and aims to provide a better quality of life through high-quality products.
Millions of Americans are facing credit score drops due to rising student loan delinquency rates after the end of the payment freeze. This could have significant ripple effects on the economy, making it harder for borrowers to get loans for big purchases like homes and cars.
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The article discusses how President Trump's tariff policies have impacted the stock market, outlining a pattern where market scares are followed by presidential pivots leading to market rebounds. It suggests that Trump's focus on trade deals and potential tax cuts could signal the end of the market downturn and the beginning of a new rally.
Paramount Global is cutting its U.S.-based staff by 3.5%, or several hundred employees, in the latest round of layoffs due to the decline of the traditional pay-TV bundle and macroeconomic headwinds. The layoffs are part of a go-forward plan that aims to position Paramount for success amid regulatory challenges and industry-wide job cuts.
27 states and D.C. filed a lawsuit to block the sale of personal genetic data by 23andMe without customer consent as a biotech company seeks to buy the struggling firm in bankruptcy court.
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Waymo halts service in downtown Los Angeles for autonomous vehicles after rioters set fire to or vandalized driverless taxis during anti-ICE riots. The company received guidance from the LAPD and removed vehicles from the area.
WPP Media downgrades projected ad revenue forecast for 2025 due to uncertain economy and limited global trade visibility. Creator-driven platforms like YouTube, TikTok, and Instagram are expected to receive more ad dollars than traditional media. Digital advertising dominates the industry, with streaming TV on the rise.
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Some states are experiencing an increase in fraudulent odometer rollbacks when purchasing used cars.
The U.S.-China trade talks in London highlighted the longstanding issue of China's dominance in the global supply of rare earth minerals. The U.S. is now trying to regain leverage in the strategic resource market.
Israel retrieves body of Thai hostage killed by Hamas during the Gaza attack in 2023, sparking war. Thailand's foreign ministry confirms the death of the Thai hostage and criticizes Israel for poor working conditions of Thai farm laborers.
Prominent lawyers with ties to Big Tech urge caution in imposing remedies against Google's online monopoly in the search antitrust case presided over by Judge Mehta. Critics express concerns over the lawyers' links to Google and other tech firms.
Warner Bros. Discovery will split into two public companies next year, separating its cable operations from its streaming service. The two companies will be Streaming & Studios and Global Networks.
High-level U.S. officials met with Chinese representatives in London to discuss trade disputes and rare earth minerals. Talks were described as positive by President Trump, with potential for easing export controls and negotiations on critical mineral supplies.
President Trump holds roundtable on investing in America amid trade negotiations with China. Economy added over 139,000 jobs in May under Trump administration.
Reform UK leader Nigel Farage calls for the re-opening of coal mines in Wales to revitalize Britain's steel industry as Labour Party shifts focus to climate issues. Reform UK plans to challenge Labour in Wales elections, with Farage advocating for state intervention in the economy.
Warner Bros. Discovery plans to split into two publicly-traded entities, one focused on streaming and content production and the other on traditional television. The CEO and CFO will lead the respective entities, with the separation expected to be completed by mid-2026.
Johnson & Johnson accused of violating federal law with DEI hiring practices. America First Legal calls for investigation into company's diversity, equity, and inclusion initiatives. Johnson & Johnson denies wrongdoing and claims compliance with all applicable laws.
President Trump holds high-stakes trade talks with China and deals with riots in California. Elon Musk and Trump clash over legislation, potentially damaging their relationship.
Dave Portnoy, founder of Barstool Sports, discusses his political leaning, success, and controversies in an interview with NPR. He is known for 'Barstool conservatism,' is successful in business, and has faced criticism for his remarks about unions, race, women, and more.
Jocelyn Shek is a Data Graphics intern for NBC News.
Elon Musk reportedly had a physical altercation with Treasury Secretary Scott Bessent at the White House earlier this year. White House press secretary downplays the incident. Musk is discontent over Trump's decisions regarding NASA and the 'big, beautiful bill.' ABC News correspondent Terry Moran faced backlash for a tweet against White House officials.
Costco introduces a new frozen strawberry lemonade drink at their food court, receiving mixed reviews from members. Some find it refreshing and delicious, while others think it is too tart or sweet. The drink replaced the strawberry banana smoothie and costs $2.99 with 250 calories.
Private equity, also known as 'termite capitalism,' involves buying and flipping established companies. Venture capitalist Elad Gil is acquiring white-collar businesses and reshaping them to run using AI, laying off workers in the process.
AI-induced job cuts are sweeping America, affecting white-collar workers in tech, finance, law, and consulting. Entry-level jobs are disappearing rapidly, leading to fears of recession and disillusionment among graduates. AI technology is automating various tasks, leading to layoffs at major companies. Experts predict a significant spike in unemployment due to AI advancements.
Many upscale Italian restaurants in California are charging high prices for fresh handmade pasta due to rising labor and ingredient costs, as well as the complexity of running a restaurant. Chefs and owners explain the factors that contribute to the high prices of pasta dishes.
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Elon Musk and President Trump have had a public feud, leading to threats of cutting federal contracts and personal attacks. The situation has caused volatility in Tesla's stock and questions about the future of SpaceX's relationship with the government.
Ideas for unique Father's Day gifts to make Dad's day brighter and more memorable featuring tech gadgets, pool cleaner, home brew machine, tablet for seniors, LED lighted hat, and data removal service for privacy protection.
SBA Administrator Kelly Loeffler announced the relocation of the SBA Regional Office out of Los Angeles after the mayor refused to cooperate with ICE. This decision was made in response to reports of federal immigration enforcement actions in the city.
Klarna, a 'Buy now, pay later' company, is integrating AI into its workforce strategy but will always offer human customer service as a VIP service. CEO emphasizes the importance of human connection despite the efficiency of AI. Klarna has reduced its workforce but values employees with a combination of technical and business skills. CEO uses AI as a 'private tutor' to enhance his coding skills. Klarna may move forward with its IPO and CEO expresses optimism about the market.
Reddit has filed a lawsuit against AI startup Anthropic for breach of contract and unfair business practices, alleging that Anthropic has been using Reddit's platform and data to train its AI models without proper authorization. Anthropic, valued at $61.5 billion, disputes the claims and plans to defend itself vigorously.
Vice President JD Vance supports President Donald Trump amid criticism from SpaceX CEO Elon Musk. Vance emphasizes loyalty to the president and highlights the positive impact of Trump's policies. Musk has criticized Trump's tax and spending bill and claimed he got Trump elected singlehandedly.
President Trump and Elon Musk are feuding over tariffs and trade policies. Trump's commitment to his agenda and making deals is highlighted. Despite Musk's previous support, fundamental differences have led to the divide. The article discusses their disagreements on trade and immigration issues.
AI advancements are leading to mass layoffs in white-collar jobs, with tech giants like Microsoft and Walmart cutting thousands of positions. The rise of AI technology is automating tasks traditionally done by humans, leading to fears of recession and high unemployment rates among college graduates.
Americans are becoming more practical about money management, prioritizing predictability and financial stability in response to ongoing economic uncertainty. The focus is on avoiding surprise fees, managing budgets with fixed payments, and seeking transparency in financial products and services.
Katie Miller, a key figure in the first Trump White House, has become Elon Musk's 'sherpa' but now finds herself caught in the middle of political drama as Musk falls out with the president.
Elon Musk and President Trump have engaged in a public feud that threatens Musk's businesses, particularly his aerospace company SpaceX, which holds billions of dollars' worth of federal contracts. The conflict has led to threats of contract revocation and personal attacks between the two influential figures.
President Donald Trump had a 'very good' phone call with China's Xi Jinping, where Xi agreed to restart the flow of rare earth minerals and magnets to the U.S. after halting shipments in April. This follows tensions over trade deals and national security concerns between the two countries.