business News

Ford’s CEO to Warn Lawmakers of ‘Devastating’ Tariff Impact - Bloomberg

Ford Motor Co. Chief Executive Officer Jim Farley will travel to Washington on Wednesday to warn members of Congress that the 25% tariffs President Donald Trump has proposed on Canada and Mexico would “blow a hole” in the US auto industry.

Jay Powell defends Federal Reserve’s authority over US monetary policy - Financial Times

Central bank chief vows to ‘focus on the data’ rather than get dragged into political debates

Disney+ to Change Content Warnings Ahead of ‘Dumbo,’ ‘Peter Pan’ and More Old Movies Amid DEI Strategy Shift - Variety

Disney is adjusting the content warnings ahead of some of its old movies including "Peter Pan" and "Dumbo" amid an overall shift in DEI strategy

Ford CEO: IRA tax credit repeals could risk jobs, Trump tariffs are 'cost and chaos' - Detroit News

'They need to understand that there's a lot of policy uncertainty here,' Ford CEO Jim Farley said, decrying the 'cost and chaos' of Trump tariffs.

SEC announces it will not defend climate disclosure rule - The Hill

Ken Griffin says Trump's 'bombastic' trade rhetoric is a mistake that's eroding trust in the U.S. - CNBC

The billionaire hedge fund founder's comments came after Trump on Monday evening signed an order that would impose 25% tariffs on steel and aluminum imports.

Mark Zuckerberg warned employees to prepare for an ‘intense year.’ He just laid off 3,600 workers—including some who claim they got glowing reviews - Yahoo Finance

Ex-Meta employees have said they weren’t low performers, yet were laid off anyway.

Mark Zuckerberg warned employees to prepare for an ‘intense year.’ He just laid off 3,600 workers—including some who claim they got glowing reviews - Fortune

Ex-Meta employees have said they weren’t low performers, yet were laid off anyway.

Keeping Money in Your Pockets: Governor Hochul Takes on Sky-High Utility Costs and Demands Accountability for New York Ratepayers - ny.gov

Governor Hochul announced new steps to protect consumers from sky-high utility costs that are making New York less affordable.

Why Tesla Stock Is Down for Its Fifth Straight Day Today - Barron's

Tesla stock is tumbling. Blame BYD - Quartz

The Chinese automaker backed by Warren Buffett's Berkshire Hathaway announced it's rolling out new autonomous driving capabilities on all models

EU Sets Out $200 Billion AI Spending Plan in Bid to Catch Up With U.S., China - The Wall Street Journal

BuzzFeed Has a New Plan to Save Media, and We’re Screaming - Slate

We got an inside look at the A.I.–fueled future of the once culture-defining quiz site.

Exclusive: Disney makes changes to DEI programs and rebrands employee groups - Axios

The changes, while less dramatic than other recent moves by Fortune 500 companies, speak to the pressure brands face.

BuzzFeed to launch social media platform for AI creating and sharing - Axios

Called BF Island, the app will offer AI generators.

Dow Jones Today: Stocks Mixed as Trump Enacts Steel, Aluminum Tariffs - Investopedia

U.S. stocks were mixed on Tuesday after President Trump moved forward with his threat to impose 25% tariffs on steel and aluminum imports.

Super Micro Computer (SMCI) Stock Pulls Back with Earnings on Deck - TipRanks

The stock of Super Micro Computer ($SMCI) is pulling back as the server maker prepares to report its latest financial results and provide investors with an update o...

As egg prices continue to soar, grocers like Trader Joe's limit how many cartons customers can buy - The Associated Press

Not only are eggs expensive because of the ongoing bird flu outbreak. Now they are sometimes hard to find. And even when stores do have eggs, consumers might face limits on how many they can buy. Eggs have become such a hot commodity that there have even been…

Remember the guy who threw away over $750 million in Bitcoin? Now he wants to buy the dump where he thinks it's buried - Fortune

James Howells continues his quest to recover a mistakenly trashed fortune.

Meta lays off 4K workers — as some claim they received glowing reviews just last year: report - New York Post

Meta CEO Mark Zuckerberg carried out his promised performance-based job cuts this week — but laid-off staffers said they received high performance reviews just last year.