Italian employees at the Aviano Air Base in northern Italy paused from flipping burgers, unloading trucks and restocking shelves recently to open an email from their bosses demanding that they list five key accomplishments from last week.The email was a by-now familiar demand from President Trump’s chief cost-cutter, Elon Musk, carrying with it the threat of termination if they did not respond. But on this occasion, it did not land with government employees in the United States, but rather in Italy, a country where workers’ rights are held sacrosanct.The result set the stage for a puzzling clash of cultures, with…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyLaura Champine, Loop Capital Markets, joins ‘Fast Money’ to talk how retail stocks are faring in the consumer and market downturn.06:435 hours ago Source link
Soem comapnies are using next-gen technologies such as robotics in their warehouses.Imaginima | E+ | Getty ImagesIn a world where speed and convenience are paramount to customers, logistic providers are turning to emerging technologies such as artificial intelligence and robotics to stay competitive.Multinational logistics company DHL has been using robotics “very extensively” across its warehouses, said Javier Bilbao Uzquiano, APAC CEO of DHL Supply Chain.”It’s not replacing — it’s complementing humans in the way that we operate,” Uzquiano told CNBC’s Julia Boorstin at CONVERGE LIVE in Singapore on Thursday. “There are tasks … that previously were taken on by humans…
News anchors work at Newsmax’s booth during the second day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, July 16, 2024.Patrick T. Fallon | Afp | Getty ImagesCable outlet Newsmax Media has paid $40 million to settle allegations it defamed Smartmatic by reporting false claims that the voting machine company helped rig the 2020 U.S. election for Joe Biden over Donald Trump, according to a regulatory filing.The companies settled privately last year, but the amount was disclosed in a Newsmax investor document dated March 7.Representatives of Newsmax and Smartmatic did not immediately respond to emails…
Restored Cheonggyecheon at night, Seoul.Renan Gicquel | Moment Open | Getty ImagesAsia-Pacific markets are slated to open mixed on Friday after all three benchmarks in the U.S. tumbled over U.S. President Donald Trump’s tariff plans.In another sign of a trade war escalation, Trump threatened to enact 200% tariffs on all alcoholic products coming from the European Union in retaliation for the bloc’s 50% tariff on whisky. Trump said he would not be changing his mind on a broader group of tariffs set to be implemented on April 2.Australia’s S&P/ASX 200 started the day 0.4% higher, following losses in the previous session.Japan’s benchmark…
The S&P 500 closed in a correction on Thursday, ending the day more than 10% off its high, as stocks headed for weekly losses. What’s on CNBC’s radar Friday. Source link
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CNBC’s Jim Cramer on Thursday lamented the negative sentiment surrounding the economy, which he thinks the White House is currently projecting. Wall Street’s response has sent the averages tumbling.”Every day, there is something to celebrate in the business world because the business world is fantastic,” he said. “We’d be in much better shape if the administration would highlight that. Believe me, the bad doesn’t need your help. It’ll get the word out all by itself.”Investors’ fears of President Donald Trump’s heavy-handed tariff policies and uncertainty about their rollout continued to weigh on the market during Thursday’s session. The S&P 500…
The Israel-Hamas negotiations to extend the cease-fire in Gaza were in limbo on Thursday as the Trump administration turned its attention to talks with Russian officials in Moscow over the Ukraine war.Steve Witkoff, Mr. Trump’s Middle East envoy, was expected to leave the latest round of Gaza talks in the Gulf emirate of Qatar for Russia on Thursday. Mr. Trump has effectively charged Mr. Witkoff with working to resolve two of the world’s most fraught conflicts — the wars in Gaza and Ukraine.The latest round of indirect negotiations between Israel and Hamas in the Qatari capital of Doha this week…
‘Fast Money’ traders on buying opportunities in the market including; BlackRock, Meta, and Target. Source link
