The de minimis exemption, an obscure trade law provision that has simultaneously fueled and eroded businesses across the globe, officially came to an end on Friday following an executive order by President Donald Trump. For nearly a decade, shipments valued under $800 were allowed to enter the country virtually duty-free and with less oversight. Now, […]
Semma restaurant in New York, NY. Courtesy: Steven Hall Executive Chef Vikas Khanna has plated hundreds of thousands of dinners over the past 20 years — and he’s seen firsthand just how much Indian cuisine has evolved in the U.S. Khanna, a world-renowned Indian restaurateur, created Junoon, his high-end Indian restaurant in New York City,
Keurig Dr Pepper will acquire Dutch coffee and tea company JDE Peet’s in a roughly $18 billion deal that could give a boost to the U.S. giant’s struggling coffee business, the two companies said Monday. Shares of Keurig Dr Pepper fell roughly 8% in early trading, while the stock of JDE Peet’s closed up 15%
Jensen Huang, CEO of Nvidia, is seen on stage next to a small robot during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Nvidia announced Monday that its latest robotics chip module, the Jetson AGX Thor, is
Canadian investor Kevin O’Leary revealed on CNBC Monday that he was one of three buyers to snap up the record-breaking Kobe Bryant and Michael Jordan sports card at auction over the weekend. The card, a signed collectible featuring both NBA legends, sold for nearly $13 million, surpassing the previous record for the most-expensive trading card
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters It’s been two years since the explosion of generative artificial intelligence started to transform Nvidia’s business. Since then, the chipmaker’s revenue has more than tripled and profits have quadrupled. Nvidia‘s second-quarter earnings report,
Nvidia faces Wall Street’s high expectations two years into AI boom Read More »
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly‘s stock is still recovering after the drugmaker released trial data earlier this month on its closely watched obesity pill that underwhelmed Wall Street. In a key late-stage trial,
A Spirit Airlines plane takes off from Oakland International Airport on May 06, 2024 in Oakland, California. Brandon Bell | Getty Images In March, Spirit Airlines came out of bankruptcy protection in less than four months and entered a worsening landscape. Consumers were holding off booking flights and U.S. planes were awash in empty seats.
Spirit Airlines is on shakier ground after avoiding hard decisions in bankruptcy Read More »
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel shares rose about 6% on Friday after Bloomberg reported that the Trump administration is poised to announce that the U.S. government will
Intel stock rises as Trump says chipmaker has agreed to sell stake to government Read More »
Canada’s Prime Minister Mark Carney speaks at a press conference about recognizing Palestinian statehood, in Ottawa, Ontario, Canada, July 30, 2025. Patrick Doyle | Reuters Canada removed many of its retaliatory tariffs on the U.S. on Friday, marking a significant step forward in the two countries’ relationship. Canada in March imposed counter-tariffs of 25% on
Canada drops many of its retaliatory tariffs on the U.S. Read More »
