Articles filed under Bloomberg
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Trump tells Apple to stop moving iPhone production to IndiaMay 15, 2025 6:54 am - President Donald Trump said he’s asked Apple Inc.’s Tim Cook to stop building plants in India to make devices for the US, pushing the iPhone maker to add domestic production as it pivots away from China.
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Nissan shuts plants, culls jobs after worst loss in 25 yearsMay 13, 2025 6:59 am - Nissan Motor Co. vowed to close seven factories and slash 20,000 jobs after posting its biggest annual loss since French carmaker Renault SA rescued it from near bankruptcy a quarter century ago.
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Temu ditches Chinese imports model to avoid Trump’s tariffsMay 02, 2025 8:31 am - Temu is abandoning the model centered around cheap Chinese imports that catapulted it to success in the US, aiming to sell only goods from local merchants to American consumers for the foreseeable future.
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North America’s oldest firm meets its end. Some argue its fate was avoidable.Apr 25, 2025 8:13 am - Hudson’s Bay Co. ULC, a company that’s so old it once played a central role for goods traders in Britain’s North American colonies, is being stripped for parts.
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Yes, it’s Epic: Everything you need to know about Epic Universe, the best new theme park in decadesApr 17, 2025 1:22 pm - Dragons, monsters, Super Mario and more. Epic Universe, the biggest new theme park in Orlando in 26 years, opens to the public Thursday, May 22. And it is indeed epic.
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Cars to gadgets: What US consumers are losing to Trump tariffsApr 12, 2025 6:00 am - While Americans doling out more money for groceries and consumer goods will be the most probable outcome of President Donald Trump’s tariff hikes, it’s not the only one. ...
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Northwestern hit with 100 stop-work orders for federal projectsApr 11, 2025 9:25 am - Northwestern University said researchers with federal grants received 100 stop-work orders, hitting projects in areas including medicine and engineering.
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Walmart preps for turbulence, will take hit to keep prices lowApr 09, 2025 10:38 am - As tariff-spooked shoppers begin pulling back on spending, Walmart Inc. is prepping for a worsening economy by using its massive footprint to keep prices low and hunt for ways to take market share.
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Trump order seeks to tap coal power in quest to dominate AIApr 08, 2025 7:56 am - President Donald Trump is moving to expand the mining and use of coal inside the US, a bid to power the boom in energy-hungry data centers while seeking to revive a declining US fossil fuel industry.
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Walgreens tops profit estimates as health-care unit improvesApr 08, 2025 7:51 am - Walgreens Boots Alliance Inc. reported quarterly profit that exceeded Wall Street’s expectations, marking a strong performance in what is likely one of its last quarters as a public company.