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The Latest Breaking News on Business

Walgreens agrees to pay US up to $350m for illegally filling opioid prescriptions

Drugstore chain settles with DoJ over claims it dispensed millions of unlawful prescriptions for more than a decade

The Guardian - US

Here Is Why Harvard Argues That Trump's Funding Freeze Violates the First Amendment

The administration's demands extend far beyond its avowed concern about antisemitism and enforcement of "civil rights laws."

Reason

Elon Musk says Tesla robot production hit by trade war with China

Tesla planned to produce thousands of Optimus robots this year, but are now lacking a key component

The Independent UK

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Elon Musk claims Tesla is the top robot company but worries that Nos. 2 through 10 will be Chinese

The Tesla CEO revealed that production of the Optimus robot has been disrupted by trade frictions.

Fortune

Markets rebound as Trump signals cutting China tariffs 'substantially'

Global stock markets experienced a relief rally after US Treasury Secretary Scott Bessent indicated that high tariffs were not sustainable, raising hopes for a de-escalation in the US–China trade war. President Trump confirmed the stance and signalled that tariffs on China would be cut.

Euronews

Tesla earnings decline as anti-Elon Musk sentiment hampers sales

Tesla’s first-quarter automotive revenue dropped 20% year-on-year due to reduced deliveries affected by anti-Musk sentiment, factory retooling, and seasonal factors. The company also faces supply chain and cost challenges linked to the US–China trade war.

Euronews

Trump’s tariffs driving thousands of layoffs at US manufacturing plants

Trump said the plan was to increase manufacturing jobs

The Independent UK

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Trump news at a glance: president will be ‘very nice’ to China; Musk to step back from Doge

Donald Trump says tariffs on China will be dropped “substantially” as IMF warns of ‘major negative shock’ from tariffs – key US politics stories from 22 April

The Guardian - US

Fujifilm’s trendiest cameras from the X100VI to the X-M5 are hard to find. Tariffs are about to make it worse

Fujifilm has paused pre-orders in the US for three cameras – and as an American Fujifilm user, I'm worried

Digital Camera World

Tesla Is Trimming Its Cybertruck Production. Should You Sell TSLA Stock as the Headwinds Keep Mounting?

Down over 50% from its all-time highs, Tesla stock trades at a discount to consensus price targets as of April 2025. Is TSLA stock a buy, sell, or hold right now?

Barchart

"This $399 item will incur over $578 in additional import charges": Price of Sonicware CyDrums drum machine more than doubles thanks to Trump tariffs

Gear and instrument prices are soaring in response to Trump's ongoing global trade war as CyDrums jumps from $399 to $978

MusicRadar

Most EV Buyers In The U.S. Won’t Buy A Gas Car Again: Study

Electric vehicles aren’t just better for the environment, they’re increasingly the smarter economic choice for your wallet, too. And according to a new McKinsey Company study, once people make the switch, they rarely look back.

InsideEVs

Tackling tariffs: What some companies are saying, and doing, about tariffs

Tariffs have been forcing companies to give somewhat shaky financial forecasts during their latest round earnings updates

The Independent UK

Dow is heading for its worst April since the Great Depression as investors fear Trump’s tactics

Chief investment officer says it’s ‘impossible to commit capital to an economy that is unstable and unknowable because of policy structure’

The Independent UK

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news in one place.

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International Business Times

How Atlas Is Using AI To Turn Accounts Receivable Into A Strategic Advantage

Atlas is an AI-powered AR automation platform that eliminates manual data entry errors, enables faster invoicing and reconciliation, gives finance leaders a source of truth for revenue, and increases cash on hand.

The Independent UK

Trump admin sues Uber alleging company makes it too hard to cancel subscription

‘Americans are tired of getting signed up for unwanted subscriptions that seem impossible to cancel,’ the FTC chairman said

Investors Business Daily

Survey Shows Pent-Up Demand For New Apple iPhones

A survey of U.S. consumers in March indicates surprisingly strong demand for iPhone upgrades despite "a challenging fundamental backdrop."

Fortune

U.S. Bank sends condolences to the family of its former vice-chairman, who died in Minnesota plane crash

Dolan was remembered as an "outstanding businessman and wonderful person."

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news in one place.

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Barchart

Eli Lilly's Quarterly Earnings Preview: What You Need to Know

Eli Lilly is scheduled to report its first-quarter results next month, and analysts expect a significant double-digit earnings growth.

Euronews

Gold price hits record high: What’s behind the precious metal’s rally?

Gold prices have surged almost 31% so far this year already, driven by rising safe haven demand and an increasingly volatile global economy.

Barchart

Ingersoll Rand’s Quarterly Earnings Preview: What You Need to Know

Ingersoll Rand is set to announce its first-quarter results next month, and analysts expect a single-digit drop in earnings.

Barchart

Should You Buy, Sell, or Hold Intel Stock Before April 24?

Intel could see a modest boost in demand in Q1 thanks to customers stockpiling chips ahead of potential U.S. tariffs and export restrictions.

Investors Business Daily

Bitcoin Rebounds Near $92K For The First Time Since Early March

Crypto stocks climb as bitcoin powers above $91,000 for the first time since early March. Strategy buys more bitcoin.

InsideEVs

Tesla Is Bracing For Its Hardest Earnings Call In Years

Tesla is facing perhaps its most pivotal moment in recent history. The automaker's sales are slipping, investor confidence is dwindling and political pressure coming from within has stained the automaker's reputation. With its first earnings call of the year coming today, Tesla has a lot to answer for. I hope…

Barchart

Alliant Energy's Q1 2025 Earnings: What to Expect

Alliant Energy is all set to release its fiscal first-quarter earnings next month, and analysts project a high single-digit profit decline.

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