Venezuelan migrants deported from the United States and stranded in Honduras disembark from a Conviasa Airlines plane upon arrival at Simon Bolivar International Airport in Maiquetia, Venezuela on March 24, 2025. Juan Barreto | Afp | Getty ImagesPresident Donald Trump said Monday any nation that buys oil and gas from Venezuela will face a 25% tariff on any trade that country does with the United States.The tariff will take place on April 2, the president said in a post on his social media platform Truth Social.U.S. crude oil was up 77 cents, or 1.13%, at $69.05 per barrel by 10:54 am…
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A commuter near the Federal Aviation Administration (FAA) headquarters in Washington, DC, US, on Wednesday, March 12, 2025. Al Drago | Bloomberg | Getty ImagesAs President Donald Trump and billionaire Elon Musk work to overhaul the federal government, they’re forcing out thousands of workers with insider knowledge and connections who now need a job.For Russia, China and other adversaries, the upheaval in Washington as Musk’s Department of Government Efficiency guts government agencies presents an unprecedented opportunity to recruit informants, national security and intelligence experts say.Every former federal worker with knowledge of or access to sensitive information or systems could be a…
PALM HARBOR, Fla. — There was Viktor Hovland, moments after winning his first PGA Tour championship in 18 months, after storming back from three shots down with five to play to beat a top-10 player in the world for the Valspar Championship.If there was a moment to declare himself back, to say that every swing fix and coaching change he has put himself through since the 2023 Ryder Cup was absolutely worth it because here he is with the trophy next to him, this was it.But as much as it was clear that Hovland, the 27-year-old Norwegian flashing that easy…
A reads “Do Not Travel To Heathrow Airport” at Hounslow Central London Underground station on March 21, 2025. Jaimi Joy | Bloomberg | Getty ImagesHeathrow Airport had enough power to remain open on Friday, after the London hub spent most of the day closed due to a fire at a nearby electrical substation, according to Britain’s National Grid.Heathrow — Europe’s busiest airport — closed down last week after a fire broke out at a nearby electrical substation that supplies it with power.In comments first reported by the Financial Times, National Grid CEO John Pettigrew said that although the substation in question…
Here are the biggest calls on Wall Street on Monday: Melius reiterates Nvidia as buy The firm says Nvidia is “defensive.” “The clouds over the AI semis space mentioned above are winning this year despite Nvidia having tailwinds from inferencing and a clear line of sight on hyperscaler orders through year-end.” UBS upgrades CryoPort to buy from neutral UBS says the cell and gene therapy company is well positioned. ‘We’re upgrading CryoPort (CYRX) to Buy with a view that scaling cell and gene therapy service offerings provide a credible pathway to low-double-digit+ (~10%+) mid long term sales growth and positive…
Officials at the IRS and Treasury Department are anticipating tax revenue to drop more than 10% by April 15 compared with last year, The Washington Post reported Saturday, citing three people with knowledge of the situation.The loss of tax receipts is expected as more individuals and businesses don’t file taxes or attempt to avoid paying balances owed to the IRS. The amount of lost federal revenue could top $500 billion, the paper said.Officials said the prediction is directly linked to shifting taxpayer behavior and President Donald Trump’s cuts at the IRS, the Post said.Thousands are expected to lose their jobs…
Protesters clash with Turkish anti riot police as they use tear gas and water cannons during a demonstration following the arrest of Istanbul’s mayor, in Ankara on March 21, 2025. Adem Altan | Afp | Getty ImagesMore than 1,100 people have been arrested in Turkey’s nationwide protests since demonstrations began on March 19, Turkish authorities said Monday, as political and economic instability grips the nation of 85 million following last week’s arrest of Istanbul Mayor Ekrem Imamoglu.What lies ahead for Turkey is highly uncertain, but analysts expect a prolonged period of volatility for the Turkish lira and the foreign reserves that…
Fortescue Metals Group non-executive Chairman, Andrew Forrest, speaks during a Sustainability Week conference in London on March 11, 2025.Adrian Dennis | Afp | Getty ImagesAustralian mining tycoon Andrew Forrest, founder and executive chairman of Fortescue, says Big Oil is getting it wrong on renewables — at a time when European energy majors are doubling down on fossil fuels to boost near-term shareholder returns.Britain’s BP and Norway’s Equinor have both recently outlined plans to slash renewable spending in favor of oil and gas. London-listed Shell, meanwhile, has also scaled back green investment plans.U.S. oil majors such as Exxon Mobil and Chevron,…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC’s Phil LeBeau and Acting FAA Administrator Chris Rocheleau join ‘Squawk Box’ to discuss hiring more air traffic controllers, lessons learned from the DCA crash, congestion in the airspace, Boeing’s safety standards, and more. Source link
Anne Wojcicki, co-founder and chief executive officer of 23andme Inc., during the South by Southwest (SXSW) festival in Austin, Texas, US, on Friday, March 10, 2023. Jordan Vonderhaar | Bloomberg | Getty ImagesEmbattled genetic testing company 23andMe, once valued at $6 billion, filed for Chapter 11 bankruptcy protection in Missouri federal court on Sunday night.The company’s CEO, Anne Wojcicki, has resigned from her role as chief executive effective immediately, though she will remain a member of the board. Joseph Selsavage, 23andMe’s chief financial and accounting officer, will serve as interim CEO, according to a filing with the U.S. Securities and Exchange…
