NY Post - Business
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US consumers stockpile goods ahead of Trump’s new tariffs: ‘Preparing for the worst’
Like a growing number of U.S. shoppers, Jennings believes retail prices will soon rise because of Trump's tariffs.
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Paramount to begin mediation with President Trump in $20B lawsuit over ‘60 Minutes’ interview: report
Both reportedly agreed to a mediator for the case in recent days in hopes of coming to a resolution.
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Law firm in sexual assault suit against billionaire Leon Black wants to exit case: court records
The lawsuit, filed in federal court in New York in 2023, alleged that Jane Doe was autistic and only 16 at the time after Epstein facilitated a...
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Volkswagen freezing all US imports, including Audi, due to Trump’s 25% autos tariff
The Volkswagen brand has around 37,000 vehicles, sufficient for approximately two months of sales, in its US inventory, a spokesperson said.
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Microsoft employees fired after protesting ‘AI weapons’ supply to Israeli army at company’s 50th anniversary celebration: report
“You claim that you care about using AI for good but Microsoft sells AI weapons to the Israeli military,” Aboussad shouted at Microsoft AI CEO...
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BlackRock’s Larry Fink says most CEOs he talks to think US is in a recession as markets roiled by Trump tariffs
"Most CEOs I talk to would say we are probably in a recession right now," Fink, who heads the world's largest asset manager, said on Monday.
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US Steel shares surge 16% after Trump orders fresh review of Nippon Steel’s bid
US Steel and Nippon Steel had alleged in a lawsuit that Biden prejudiced CFIUS's decision and violated the companies' right to a fair review.
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Warren Buffett’s decision to sit on $300B cash pile pays off — as 500 richest moguls lose half a trillion dollars
Among the 10 richest people in the world, Buffett is alone in seeing his net worth rise since Jan. 1.
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Top Honda exec Shinji Aoyama forced out after ‘allegation of inappropriate conduct’
Aoyama joined Honda in 1986. CEO Toshihiro Mibe will take a 20% salary cut for two months "in light of the seriousness" of the matter.
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Sam Altman’s OpenAI mulls buying ex-Apple design guru Jony Ive’s AI device startup for $500M: report
Ive -- best known for working with late Apple co-founder Steve Jobs on many of company’s most iconic product designs, including the iPhone -- has...
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Oil slumps to $60 a gallon — lowest price since 2021 — as recession fears mount
Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC's recent surprise supply hike...
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Airlines bracing for turbulence as Trump tariffs threaten to hit travel demand
“Bookings from Europe to America are minus 25% for the summer," Accor hotel CEO, Sebastian Bazin said.