He says the editorial constraints he now faced made it impossible for him to lead the program as before. Bill Owens, the longtime executive producer of the CBS program “60 Minutes,” announced on April 22 that he is stepping down, saying it has become clear he can no longer run the show with full editorial
U.S. stocks jumped in a widespread rally and more than made up for their sharp drops from the day before. The S&P 500 rose 2.5 percent Tuesday to erase Monday’s loss, which came on worries about President Donald Trump’s trade war and his attacks on the head of the Federal Reserve. The Dow Jones Industrial
The New York governor said the new facility will create 1,000 good-paying jobs. Greek yogurt maker Chobani is set to open a $1.2 billion state-of-the-art processing facility in New York, marking the largest natural food manufacturing investment in the country, New York Gov. Kathy Hochul announced on Tuesday. Hochul said in a video statement that
The electric vehicle maker warns of ‘uncertainty’ in the global economy. Shares of Tesla Motors were little changed in extended trading after the electric vehicle maker’s first-quarter earnings report fell short of Wall Street estimates. Total revenues fell by 9 percent to $19.34 billion from $21.3 billion a year earlier, and automotive revenues plunged 20
The announcement follows another Swiss pharma entity recently revealing a $23 billion investment in the United States. Switzerland-based pharmaceutical company Roche will invest $50 billion in the United States over a five-year period, setting up new facilities and expanding existing ones, the company said in an April 22 statement. The investments “are expected to create
Stuart Ballantyne, chair of Seatransport, says the move could save around 5 million litres of diesel a year for the developing country. Imagine a fleet of nuclear powered vessels patrolling the vast oceans around Fiji by day, and by night docking in a nearby town, plugging into the local electricity grid, and powering thousands of
Global growth is now expected to hit just 2.8 percent in 2025, with trade disruptions and policy shifts dragging most countries’ outlooks down. The International Monetary Fund (IMF) has lowered its global growth forecast for 2025 to 2.8 percent, down from 3.3 percent in its January estimate, pointing to evolving trade dynamics, rising policy uncertainty,
Treasury Secretary Scott Bessent was also optimistic that U.S.–China trade tensions will diminish. The White House is optimistic about a potential trade deal with China. White House press secretary Karoline Leavitt told reporters at an April 22 press briefing that President Donald Trump believes his administration is “doing very well” and “moving in the right
President Trump’s Truth Social has emerged as perhaps the most important “tip sheet” for stock market timing. Commentary President Trump’s Truth Social has emerged as perhaps the most important “tip sheet” for stock market timing. Just before the biggest rally this year, President Trump wrote (before the market opening) to “be cool,” as everything is
Regardless of what happens with U.S. trade policy and resultant market volatility, the nation’s major tech companies are likely to remain at the forefront of innovation and technological advances, which gives them a longevity and survival edge even in times of economic turmoil. Plus, many financial advisers recommend you avoid panic selling during market downturns