US President Donald Trump (L) looks at a washing machine as he tours US Steel – Irvin Works in West Mifflin, Pennsylvania, May 30, 2025, to mark the deal between Nippon Steel and US Steel. Saul Loeb | AFP | Getty ImagesWASHINGTON — Back in Donald Trump’s first term, his staff decided they’d tuck into his briefing book a few letters from ordinary Americans who’d written to the White House.Only certain letters made the cut, though.Aides made a point of sending Trump the flattering mail while holding back the letters panning his work, a White House official in the last…
Author: usaeverydaylife
Berkshire Hathaway resumed selling shares of DaVita , a provider of kidney dialysis services, after the holding more than quadrupled in price. A new regulatory filing this week revealed that Berkshire sold another 200,010 shares of DaVita through multiple transactions between May 22-27. Berkshire remains DaVita’s biggest institutional investor with a 42.3% stake, according to FactSet. The stock, which Berkshire first bought in 2011, is still the conglomerate’s 10th biggest holding. This is just the latest sale by Warren Buffett’s sprawling, Omaha-based empire has trimmed its stake in DaVita. In late February, Berkshire sold another 750,000 shares for $116 million…
Chinese smartphone company Xiaomi in the last week reported record net profit for a second-straight quarter, bolstering several analysts’ conviction on the Hong Kong-listed stock. In absolute dollar terms, Xiaomi’s earnings are still a fraction of Apple’s . But the Chinese company has a larger smartphone market share in China , and has built an electric vehicle business, while the iPhone maker dropped its car plans . Apple in recent months has also come under pressure from the Trump administration over its overseas supply chain. Apple shares are down 20% year-to-date to around $200. Xiaomi’s have gained more than 45%…
The Home Depot logo is displayed outside a store on March 10, 2025 in San Diego, California. Kevin Carter | Getty ImagesEarnings of major U.S. companies and the uncertainty around tariffs continued to impact investor sentiment this week. While the stock market remains volatile, investors seeking consistent returns could add some attractive dividend stocks to their portfolios.In this regard, stock picks of top Wall Street analysts can be helpful, as the recommendations of these experts are based on in-depth analysis of a company’s financials and ability to pay dividends.Here are three dividend-paying stocks, highlighted by Wall Street’s top pros, as tracked by TipRanks,…
Willie Walsh, CEO of the International Airlines GroupSimon Dawson | Bloomberg | Getty ImagesAn unpredictable trade war and daunting environmental targets are on the agenda for global airline bosses at an annual summit in India, as the industry addresses concerns that geopolitical uncertainty will dent strong travel demand and raise costs.More people are flying than ever before after a full post-pandemic passenger market recovery, but airlines globally are facing rising cost pressures, extended plane delivery delays, supply chain bottlenecks and a setback in recently strong fares.On top of this, U.S. President Donald Trump’s evolving trade war has upended the aerospace…
On June 1, Mexico will become the only country in the world to elect all of its judges and magistrates. Emiliano Rodriguez Mega, a New York Times reporter based in Mexico City, breaks down why this new approach is so controversial. Source link
Japan’s prime minister, Shigeru Ishiba.Bloomberg | Bloomberg | Getty ImagesJapanese Prime Minister Shigeru Ishiba is considering visiting Washington to meet President Donald Trump before a mid-month summit of the Group of Seven nations as he seeks a trade deal, the Yomiuri newspaper reported on Sunday.Japanese officials see signs of progress on easing Trump’s tariffs after repeated visits by top tariff negotiator Ryosei Akazawa, and say the U.S. side has shown strong interest in Japan’s proposals, the Yomiuri said, citing Japanese government officials it did not name.Economy Minister Akazawa will return to Washington for more talks late this week, after which…
Vehicles produced by South Korean automaker Kia Motors are lined up ready to be shipped at the company’s shipping yard at the Port of Pyeongtaek on April 03, 2025 in Pyeongtaek, South Korea.Chung Sung-Jun/Getty ImagesSouth Korea’s exports fell in May for the first time in four months, as shipments to the United States and China dropped on global trade conflict triggered by U.S. President Donald Trump’s sweeping tariffs.Exports from Asia’s fourth-largest economy, an early bellwether for global trade, declined 1.3% from the same month last year to $57.27 billion, government data showed on Sunday.”Declines in exports to both the United…
Artist Lauren Bon, shown at the Los Angeles River. Bon and her non-profit art and research hub, Metabolic Studio, spent more than a decade on a project called “Bending the River.” The initiative draws water from the L.A. River in downtown L.A., cleans it and uses it to irrigate Los Angeles State Historic Park.Allen J. Schaben | Los Angeles Times | Getty ImagesPolitics, science and the law aren’t the only fields with the ability to influence climate change policy — when it comes to making direct interventions, art shouldn’t be underestimated, industry insiders say.The arts have an “essential” role to…
U.S. Customs and Border Protection in Newark Liberty International Airport.Nicolas Economou/NurPhoto via Getty ImagesSome European companies are growing wary about sending their employees to the U.S.It comes amid volatile policymaking by the Trump administration, more stringent immigration checks, and an uptick in reports of detentions and deportations.Some businesses CNBC spoke to, in areas including engineering and accounting, stressed that their work trips to the U.S. continued unabated. But others, usually in more politically sensitive fields, flagged employee welfare concerns.Their responses ranged from issuing new travel guidance — such as advising workers to bring wiped electronic devices or entering the U.S.…
