White House Slams Amazon's Plans to Show Tariff Costs, Deeming It a 'Political Act'
On Tuesday, the White House reacted strongly to reports that Amazon might show customers the added costs of President Donald Trump’s tariffs on certai...
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Business
Global economy, companies, markets, and financial trends.
U.S. Credit Ratings Face Downgrades Amid Economic Turmoil
In recent years, the financial stability of the United States has come under scrutiny as leading credit rating agencies like S&P Global Ratings and Fi...
Stocks Plunge as Trump Derides Fed Chair Powell, Sowing Tariff Uncertainty
In a dramatic market reaction, U.S. stocks plummeted on Monday with the S&P 500 falling 2.4% and the Dow Jones Industrial Average down 2.5%. This down...
Meta Launches Standalone AI App to Compete with Industry Leaders
In a strategic move that signals its commitment to the rapidly expanding artificial intelligence landscape, Meta has officially launched a standalone ...
Amazon Clarifies Plans to Display Import Charges for Discount Items Amid White House Backlash
In a surprising twist, Amazon announced on Tuesday that any considerations to display import charges for products sold on its discount platform, Haul,...
Pfizer Expands Cost-Cutting Efforts Amid Declining Sales from Covid Products
Pfizer Inc. is ramping up its cost-cutting measures by announcing an additional $1.7 billion in reductions on top of its earlier projections, as the p...
Big Tech Faces Challenges as Stock Values Plummet Amid Political Shifts
The year 2025 has proven to be a tumultuous one for Big Tech companies, with a staggering $2.71 trillion wiped off the valuations of the so-called 'Ma...
UPS Reports Surprising First-Quarter Profit Amid Job Cuts and Economic Uncertainty
United Parcel Service (UPS) defied market expectations with its first-quarter profit, reporting earnings of $1.49 per share against analysts' projecti...
Novo Nordisk Expands Access to Wegovy Through Telehealth Partnerships
In a significant move aimed at increasing accessibility to its popular obesity drug Wegovy, Novo Nordisk has announced partnerships with telehealth pr...
The TOI Business Desk: Your Guide to Navigating the Global Business Landscape
The Times of India's Business Desk emphasizes its commitment to delivering critical updates and insights on the global business scene. Their broad cov...
Pfizer CEO Signals Investment Hesitation Amid Tariff Uncertainty with Trump Administration
Pfizer Inc.'s CEO Albert Bourla expressed concerns during the company’s first-quarter earnings call regarding the uncertainty surrounding potential ph...
General Motors Reassesses 2025 Financial Outlook Amid Potential Tariff Changes
General Motors (GM) has revealed robust financial outcomes for the first quarter of the year, but the company is now obliged to reevaluate its project...
General Motors Faces Investor Scrutiny Ahead of Earnings Report Amid Tariff Concerns
As General Motors (GM) prepares to announce its quarterly earnings on April 29, 2025, investor anticipation is focused not only on the figures but mor...
HSBC Reports Strong Q1 Results Despite Economic Uncertainty
HSBC, Europe's largest lender, reported a stronger-than-expected performance for the first quarter of 2025, leveraging the success of its wealth busin...
Trump Eases Tariffs on Foreign Auto Parts as Manufacturing Gears Up
In a strategic reversal, President Trump has decided to ease certain tariffs on foreign parts used in domestically manufactured cars, as confirmed by ...
Amazon's First Project Kuiper Satellites Launch Amid Space Debris Concerns
On Monday, a United Launch Alliance Atlas V rocket successfully launched 27 of Amazon's Project Kuiper satellites from Cape Canaveral Space Force Stat...
World Shares Mostly Higher Amid Mixed U.S. Market Close and Corporate Earnings Week
In a quiet trading session, world shares showed mostly positive momentum on Tuesday after U.S. stocks experienced a mixed close. As traders looked to ...
Deutsche Bank Reports Strong First Quarter Profit Amid Navigating Economic Challenges
Deutsche Bank, Germany's largest lender, has reported a robust profit before tax of €2.8 billion for the first quarter of 2025, marking a significant ...
A Growing Number of Americans Turn to 'Buy Now, Pay Later' Loans for Groceries Amid Inflation
A recent survey conducted by LendingTree highlights a concerning trend among American consumers as rising inflation and ongoing economic uncertainty f...
Domino's Sees Shift in Customer Behavior as Delivery Sales Decline
Domino's Pizza has reported a significant decline in delivery orders, prompting a shift in its business strategy as economic pressures mount on consum...