Business

Last week, an alarming incident at Newark Liberty International Airport illuminated the fragility and dysfunction within the U.S. aviation infrastructure. Air traffic controllers reportedly lost all communication and radar contact with numerous aircraft, a failure so significant that it triggered the cancellation or delay of over 1,500 flights. This chaos isn’t just a passing incident;
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The recent announcement by former President Donald Trump regarding a 100% tariff on films produced overseas has unleashed a wave of uncertainty across Hollywood. Investors, already jittery from a tumultuous financial year, saw significant declines in shares of major studios and streaming services. The backlash was immediate; with Netflix dropping more than 5% and Disney
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In an era marked by fluctuating economic landscapes, the strategic maneuvering of retailers seeking to capitalize on the possible repercussions of President Donald Trump’s trade policies is nothing short of remarkable. The current economic climate is rife with uncertainty, thanks largely to the ongoing trade war characterized by reciprocal tariffs against multiple nations. Retailers are
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In a headline-grabbing twist, General Motors (GM) delivered first-quarter results that outperformed Wall Street’s modest expectations on the surface, with earnings per share clocking in at $2.78 against an expectation of $2.74. Revenues also surpassed estimates, reaching $44.02 billion compared to the anticipated $43.05 billion. Yet, beyond the veneer of these figures lies a significant
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