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The chief executives of Walmart and Target privately warned President Trump this week that his sweeping tariff policy could disrupt supply chains and lead to empty shelves in the coming weeks, sources familiar with the White House meeting told CBS News.The CEO of Home Depot was also present at Monday’s closed-door meeting. Axios was first to report on the retail executives’ warnings to Mr. Trump.Target and Walmart declined to comment on the specific warnings.Following their meeting with Mr. Trump on Monday, both companies did issue statements.”We had a productive meeting with President Trump and his team and appreciated the opportunity…
NEW YORK — Elon Musk has been called a Moonshot Master, the Edison of Our Age and the Architect of the Future, but he’s got a big problem at his car company and it’s not clear he can fix it: damage to its brand.Sales have plunged for Tesla amid protests and boycotts over Musk’s embrace of far right-wing views. Profits have been sliced by two-thirds so far this year, and rivals from China, Europe and the U.S. are pouncing. On Tuesday came some relief as Musk announced in an earnings call with investors that he would be scaling back his…
History was made on New Year’s Eve, as the United Football League (the “UFL”), the new premier spring football league, was born from the merger of the XFL and USFL. Dwayne Johnson and Dany Garcia joined Sunday’s edition of “FOX NFL Sunday” to announce the news. More information regarding team markets and football operations will come at a later date. “From day one, our mission has been to expand the game of football and be a league of opportunity, culture and innovation,” Johnson, Founder and CEO of Seven Bucks Companies, said in a press release. “As we come together to create the UFL, we…
TOKYO :Sony is considering a spinoff and listing of its semiconductor business as soon as this year, Bloomberg News reported, citing anonymous sources. The Japanese conglomerate may retain a minority stake in Sony Semiconductor Solutions after the spinoff, Bloomberg reported. “The article is based on speculation and there are no such specific plans,” a Sony spokesperson said. Sony has become an entertainment behemoth in recent years and is spinning off its financial arm. Source link
Europe and Starmer double down on clean power as America ups the ante | Science, Climate & Tech News
Sir Keir Starmer was in his comfort zone on Thursday, waxing lyrical about one of his favourite “missions”.Speaking at the government’s summit on energy security, the prime minister doubled down on plans for clean energy, which he reaffirmed will boost, not harm, national security – in the face of attacks on net zero policies from the Trump administration and Reform UK. He said we are “living through a new era of global instability” – that hits locally.Carers, nurses and teachers are “working harder and harder for the pound in their pocket, but feeling at the same time that they have…
A new technology and entertainment new company focusing on a AI-enabled animation name Cheehoo has launched in beta. The studio’s organizing team includes producer and former DreamWorks animation president Chris deFaria (Coyote vs. Acme, Mad Max: Fury Road, Happy Feet), former Apple scientists and AI/machine learning experts Dr. Hubert Tsai and Dr. Wei-Cheng Kuo, and Rideback Co-CEOs Michael LoFaso and Jonathan Eirich. Chairman of Netflix Film and Rideback founder Dan Lin is also a co-founder of Cheehoo. According to Deadline.com, Cheehoo has also hired creative and technology talent across the AI/ML research, data security, animation, and gaming fields. Pioneering AI…
Through activities including art, yoga and tai chi, students at Homewood-Flossmoor High School learned Monday about normalizing conversations about mental health issues, in what organizers hope becomes an annual event. The event, the first held at the school, was coordinated with the Live Free 999 Foundation, the family foundation honoring late Chicago-native musical artist Jarad Higgins, known as Juice Wrld. An H-F grad who grew up in Homewood, Higgins died Dec. 8, 2019, six days after his 21st birthday. An autopsy showed he died accidentally from an overdose of oxycodone and codeine. Called Shatter the Silence, the full-day event had…
The Baltimore Ravens drafted kicker Tyler Loop of Arizona in the sixth round of the 2025 NFL Draft on Saturday amid uncertainty about five-time All-Pro Justin Tucker’s future.The Baltimore Banner has reported that over a dozen massage therapists have accused Tucker of inappropriate sexual behavior. The NFL has said it would investigate. Tucker has maintained he did not act inappropriately while receiving professional bodywork treatment.By using a draft pick — even one in the late rounds — on a kicker, the Ravens may be signaling some doubt about whether Tucker will be with the team much longer.Loop was not the…
The government is being urged to end the “absolute scandal” of new homes being built without solar panels. Doing so would cut both household bills and greenhouse gases that cause climate change, the Local Government Association (LGA) said in a new report. Just four in 10 new homes in England come with solar power, according to separate figures from the industry body Solar Energy UK.Although that is a significant three-fold increase over the space of a year, the LGA said making it mandatory would benefit bill-payers and the climate for years to come, saving people £440 per year.The UK lags…
WASHINGTON — The Trump administration’s effort to impose new requirements on Novavax’s COVID-19 vaccine — the nation’s only traditional protein-based option for the coronavirus — is sowing uncertainty about updates to other vaccines, too.Novavax said Monday that the Food and Drug Administration was asking the company to run a new clinical trial of its vaccine after the agency grants full approval. The company said it had responded and that it believed its shot remains “approvable.”But a weekend post on social media by FDA Commissioner Marty Makary suggested the prospect of needing a new trial before the shots’ yearly strain update…