NY Post - Business

• Anti-Israel protester infiltrates Microsoft’s 50th anniversary celebrations

  5-4-2025 Business NY Post - Business 32

  “You claim that you care about using AI for good but Microsoft sells AI weapons to the Israeli military,” shouted the protester.

• Prada reportedly taps Goldman Sachs to advise on $2.5B Versace bid

  5-4-2025 Business NY Post - Business 25

  Prada is looking to drum up $1.5 billion to complete the takeover, with another $1 billion earmarked to relaunch and revive Versace's Medusa brand,...

• Stellantis gives employee discount to US buyers as tariffs take effect

  5-4-2025 Business NY Post - Business 27

  Stellantis is following Ford in offering an employee discount to the public this month as President Donald Trump's latest round of auto tariffs...

• Price of Lululemon’s leggings could jump due to Trump’s hefty tariffs on Vietnam

  5-4-2025 Business NY Post - Business 34

  The high-end athleisure brand is “in the tariffs bullseye” – with the bulk of its manufacturing sourced from countries hit hard by the new...

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• Trump elevating the heated TikTok competition to a bidding war: source

  5-4-2025 Business NY Post - Business 24

  Mobile technology company AppLovin has jumped into the race with a competitive offer.

• Treasury secretary blames China’s DeepSeek for stock-market plunge: ‘A Mag 7 problem, not a MAGA problem’

  5-4-2025 Business NY Post - Business 28

  US stocks have tumbled by around 10% in the two days since Trump announced tariffs.

• JPMorgan raises risk of recession to 60% as Trump tariff turmoil upends markets worldwide

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  The report branded the tariffs as a "functional tax increase" on US household and business purchases of imported goods.

• Nintendo delays US pre-orders for highly anticipated Switch 2 console amid worries over Trump tariffs

  5-4-2025 Business NY Post - Business 34

  The new tariffs, which include a 24% levy on products imported from Japan, are prompting major Japanese companies to reevaluate their US strategies.

• Ex-Goldman Sachs boss urges Trump to delay stiffer tariffs by six months to allow negotiations

  5-4-2025 Business NY Post - Business 29

  Blankfein urged Trump to delay imposition of reciprocal tariffs by six months in order to give countries time to negotiate better trade deals with...

• Disney boss Bob Iger warns about impact of Trump tariffs in surprise stop at ABC News staff meeting: report

  5-4-2025 Business NY Post - Business 16

  Iger expressed concerns that relocating oversees manufacturing to the US "speedily" is no easy task.

• Tariffs will likely push inflation higher, Fed Chair Jerome Powell warns, rebuffing Trump’s bid to cut rates

  5-4-2025 Business NY Post - Business 28

  His remarks come amid growing unease in financial markets as the impact of Trump’s latest round of tariffs on key trade partners continues to unfold.

• General Motors, Nissan to boost production at US plants due to Trump tariffs

  4-4-2025 Business NY Post - Business 20

  GM CEO Mary Barra hinted at this shift during an earnings call earlier this year, emphasizing the company's capacity to adapt.