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Trump signals relief on auto tariffs as industry awaits details

The White House said Tuesday it will soften tariffs on automakers, sparking optimism in Detroit whose car manufacturing industry has been on tenterhooks awaiting details on President Donald Trump's fast-evolving policy.

Stocks advance as investors weigh earnings, car tariff hopes

Stock markets mostly advanced Tuesday as investors assessed the impact of tariffs on corporate earnings and digested a report that President Donald Trump might spare automakers from some of his levies.

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San Diego Sports Acupuncture Wins 2025 Consumer Choice Award for Excellence in Acupuncture

SAN DIEGO, CALIFORNIA / ACCESS Newswire / April 16, 2025 / Consumer Choice Award is pleased to announce San Diego Sports Acupuncture as the 2025 winner in the Acupuncture category in the San Diego region. This respected distinction highlights the clinic's ongoing commitment to evidence-informed care, innovative treatment techniques, and outstanding client outcomes.

Nvidia expects $5.5 bn hit as US targets chips sent to China

Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing requirement on the primary chip it can legally sell in China.

Trump resurrects ghost of US military bases in Panama

US President Donald Trump's bid to take back control of the Panama Canal has put his counterpart Jose Raul Mulino in a difficult position and revived fears in the Central American country that US military bases will return.

Boeing faces fresh crisis with US-China trade war

US aviation giant Boeing, fresh off a crippling labor dispute and quality control crisis, has now found itself drawn into the escalating trade conflict between Washington and Beijing.

Canada offers automakers tariff relief, Honda denies weighing move

Ottawa on Tuesday offered tariff relief to automakers on condition they maintain production in Canada, fearing US President Donald Trump's policies could trigger a flight of the key manufacturing sector to the United States.

Trump says China 'reneged' on Boeing deal as tensions flare

US President Donald Trump said Tuesday that China has gone back on a major Boeing deal, after a news report that Beijing ordered airlines not to take further deliveries of the US aviation giant's jets.

Trump eyes near 50 percent cut in State Dept budget: US media

The US State Department is expected to propose an unprecedented scaling back of Washington's diplomatic reach, multiple news outlets reported Tuesday, shuttering programs and embassies worldwide to slash the budget by almost 50 percent.

Harvey Weinstein New York retrial for sex crimes begins

Disgraced Hollywood mogul Harvey Weinstein's retrial on rape and sex assault charges started Tuesday, forcing survivors who helped fire up the "#MeToo" movement to prepare to testify against him once more.

Facebook chief Zuckerberg testifying again in US antitrust trial

Social media titan Mark Zuckerberg took the stand for a second day Tuesday in a landmark US antitrust trial where his conglomerate Meta is accused of taking over Instagram and WhatsApp before they could become competitors.

Auto shares surge on tariff reprieve hopes

Stock markets rose Tuesday as auto firms were boosted by US President Donald Trump's suggestion of flexibility over steep tariffs on the sector.

Trump trade war casts pall in China's southern export heartland

The blistering tariff war launched by Donald Trump this month cast a shadow Tuesday as businesses met to strike deals at a trade show in southern China, for decades a key hub for exports to the United States.

China tells airlines to suspend Boeing jet deliveries: report

China has told its airlines to stop taking deliveries of jets from American aviation giant Boeing, a report said Tuesday, as a trade war between Beijing and the United States deepens.

Stocks rise as stability returns, autos surge on exemption hope

Equities mostly rose Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto firms boosted by Donald Trump's possible compromise over steep tariffs on the sector.

Malawi's debt crisis deepens as aid cuts hurt

Behind a dimly lit bar in Malawi's capital, Ben Manda rubbed his tired eyes and poured a customer a drink. He had been working for 36 hours straight, packing in back-to-back shifts to feed his family of four.

Danish brewer adds AI 'colleagues' to human team

They have names, faces and email addresses, but the five new colleagues at Denmark's Royal Unibrew only exist in the virtual realm, which the brewer hails as a milestone to unleash the full potential of its staff.

S. Korea plans extra $4.9 bn help for chips amid US tariff anxiety

South Korea on Tuesday announced plans to invest almost $5 billion extra in the country's semiconductor industry, citing "growing uncertainty" over US tariffs.

The miracle babies who survived Ravensbruck

They were born in a hell on Earth and were never supposed to survive. But by some miracle a handful of babies born in Ravensbruck concentration camp in northern Germany made it out alive.

Asian stocks mixed as stability returns, autos lifted by exemption hope

Asian stocks were mixed Tuesday as some stability returned to markets after last week's rollercoaster ride, with auto firms boosted by Donald Trump's possible compromise over steep tariffs on the sector.

Chinese EV battery giant CATL posts 33% surge in Q1 profit

The world's leading maker of electric vehicle batteries, Chinese firm CATL, posted a 32.9 percent jump in first quarter profit, even as demand for electric vehicles slows.

China's economy likely grew 5.1% in Q1 on export surge: AFP poll

China is expected to post first-quarter growth of around five percent on Wednesday, buoyed by exporters rushing to stave off higher US tariffs but still weighed by sluggish domestic consumption, analysts say.

S. Korea govt plans $4.9 bn more help for semiconductors as US tariff risk bites

South Korea on Tuesday announced plans to invest an additional $4.9 billion in the country's semiconductor industry, citing "growing uncertainty" over US tariffs.

Harvard sees $2.2 billion in funding frozen after defying Trump

Elite US university Harvard was hit with a $2.2 billion freeze in federal funding Monday after rejecting a list of sweeping demands that the White House said was intended to crack down on campus anti-Semitism.

Vero Relaunches Brand with New Website and Bold Vision for the Future of Asset Finance

NEW YORK CITY, NEW YORK / ACCESS Newswire / April 15, 2025 / Vero Technologies, a leading financial technology platform for asset finance, today announced the launch of its newly redesigned website as part of a broader relaunch of its brand and mission. The refreshed website, available at www.vero-technologies.com, represents more than a visual overhaul-it reflects Vero's commitment to empowering the next generation of leaders in asset finance.

Trust Consulting Services Awarded Prestigious OASIS Plus 8(a) Small Business Contract

WASHINGTON, DC / ACCESS Newswire / April 15, 2025 / Trust Consulting Services, a leading provider of comprehensive technology solutions, is proud to announce the awarding of the OASIS Plus 8(a) Small Business contract by the U.S. General Services Administration (GSA).

Trust Consulting Services CEO James Radford Wins Prestigious 2025 TITAN Gold Business Award for Technology Executive of the Year

WASHINGTON, DC / ACCESS Newswire / April 15, 2025 / Trust Consulting Services is proud to announce that its Chief Executive Officer, James Radford, has been named the recipient of the 2025 TITAN Gold Business Award in the category of Technology Executive of the Year.

Valsoft Expands Healthcare Portfolio with the Acquisition of American Data

MONTREAL, QC / ACCESS Newswire / April 15, 2025 / Valsoft Corporation Inc. ("Valsoft"), a Canadian company specializing in the acquisition and development of vertical market software businesses, today announced the acquisition of American Data, a pioneer in Electronic Health Record (EHR) software for the U.S. long-term care sector.

LVMH sales dip as Trump tariffs dent luxury tastes

Luxury giant LVMH saw sales fall two percent to 20.3 billion euros ($23 billion) in the first quarter of 2025 as US President Donald Trump's tariffs shook the global economy, the company said on Monday.

Luka Modric becomes co-owner of Championship club Swansea

Real Madrid and Croatia midfielder Luka Modric has joined Swansea as an investor and co-owner, the Championship club announced on Monday.

Trump's tariff exemptions give markets relief, but uncertainty dominates

US tariff exemptions for electronics prompted market rallies Monday from Asia to Wall Street, but uncertainty dominated in a global trade war that Chinese leader Xi Jinping warned can have "no winner."

Meta chief Zuckerberg testifies at landmark US antitrust trial

Meta chief and co-founder Mark Zuckerberg took the stand Monday in a landmark US anti-trust trial in which his social media juggernaut stands accused of abusing its market power to acquire Instagram and WhatsApp before they could become competitors.

Goldman Sachs profits rise on strong equity trading results

Goldman Sachs reported Monday higher first-quarter profits on strength in equity trading, offsetting a hit from losses in investments on public stock markets.

Hungarian lawmakers back constitutional curbs on LGBTQ people, dual nationals

Hungarian lawmakers on Monday overwhelmingly backed constitutional changes targeting the country's LGBTQ community and dual nationals, the latest step to strengthen longtime nationalist Prime Minister Viktor Orban's self-styled "illiberal" brand of democracy.

The Fort Worth Press - Economy (English)