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Canadian small businesses are taking Trump’s tariffs personally

Canadian small businesses are taking Trump’s tariffs personally

Business News

Close-up of ‘Shop Canadian’ poster displayed in a local storefront in Edmonton, Alberta, Canada, on April 4, 2025. Artur Widak | Nurphoto | Getty Images Just across the U.S.-Canada border, some small businesses are taking tariffs personally. President Donald Trump has said his wide-sweeping tariffs, even on some of the country’s closest trade partners, will […]

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Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems

Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems

Business News

Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023. Joan Cros | Nurphoto | Getty Images Netflix executives messaged Thursday that all is well with the business in the face of economic turbulence. But its full-year outlook tells a slightly more nuanced story. Netflix posted

Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems Read More »

Tax attorneys say IRS has become a ‘zombie’ as agency cuts staff and halts audits of the wealthy

Tax attorneys say IRS has become a ‘zombie’ as agency cuts staff and halts audits of the wealthy

Business News

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Wesley Stanovsek was a dream hire for the IRS in 2024. With $80 billion in new funding from Congress, the IRS

Tax attorneys say IRS has become a ‘zombie’ as agency cuts staff and halts audits of the wealthy Read More »

American Express’s wealthy cardholders are mostly untouched by tariff jitters

American Express’s wealthy cardholders are mostly untouched by tariff jitters

Business News

American Express‘s affluent cardmembers are showing few signs of curbing their spending, and younger customers drove growth in first-quarter transaction volumes, Chief Financial Officer Christophe Le Caillec told CNBC. Billed business on AmEx cards rose 6% in the period, or 7% when adjusted for the impact of leap year, the company reported Thursday, which shows that the

American Express’s wealthy cardholders are mostly untouched by tariff jitters Read More »

Netflix earnings are after the bell. Here’s what to expect

Netflix earnings are after the bell. Here’s what to expect

Business News

Beata Zawrzel | Nurphoto | Getty Images Netflix is due to report first-quarter earnings after the closing bell Thursday. The report marks the first time that the streaming giant isn’t disclosing quarterly subscriber data as it shifts its strategy to focus on revenue and other financial metrics as performance indicators. Netflix’s earnings also come as

Netflix earnings are after the bell. Here’s what to expect Read More »

UnitedHealth’s stock is plunging on higher medical costs. That may mean trouble for more insurers

UnitedHealth’s stock is plunging on higher medical costs. That may mean trouble for more insurers

Business News

The logo of UnitedHealth appears on the side of one of its office buildings in Santa Ana, California, on April 13, 2020. Mike Blake | Reuters UnitedHealth Group‘s stock sank 20% on Thursday after the company slashed its annual profit forecast, citing higher-than-expected medical costs in its privately run Medicare plans.  Those bleak results from

UnitedHealth’s stock is plunging on higher medical costs. That may mean trouble for more insurers Read More »

Eli Lilly’s weight loss pill succeeds in first late-stage trial on diabetes patients

Eli Lilly’s weight loss pill succeeds in first late-stage trial on diabetes patients

Business News

Eli Lilly on Thursday said its daily obesity pill met the company’s goals in the first of several late-stage trials, helping patients with Type 2 diabetes lower their blood sugar and body weight and showing safety comparable with popular injections on the market.  The trial results are among the pharmaceutical industry’s most closely watched studies

Eli Lilly’s weight loss pill succeeds in first late-stage trial on diabetes patients Read More »

Target CEO Cornell to meet with Sharpton to discuss DEI rollback as civil rights leader considers boycott

Target CEO Cornell to meet with Sharpton to discuss DEI rollback as civil rights leader considers boycott

Business News

People walk past Target Store in Midtown Manhattan on March 6, 2025 in New York City, United States.  Mostafa Bassim | Anadolu | Getty Images Target CEO Brian Cornell will meet with the Rev. Al Sharpton this week in New York as the retailer faces calls for a boycott and a slowdown in foot traffic

Target CEO Cornell to meet with Sharpton to discuss DEI rollback as civil rights leader considers boycott Read More »

Nissan aims to ‘max out’ U.S. production plant amid Trump’s tariffs

Nissan aims to ‘max out’ U.S. production plant amid Trump’s tariffs

Business News

FILE PHOTO: The American flag flutters at a Nissan automobile dealership in Irvine, California, U.S., March 27, 2025.  Mike Blake | Reuters Nissan Motor’s new Americas leader said the automaker is aiming to “max out” production at its largest American production plant amid President Donald Trump’s 25% auto tariffs. Christian Meunier, who started as chairman

Nissan aims to ‘max out’ U.S. production plant amid Trump’s tariffs Read More »

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