Blog #Business Trends

Apple Inc. is restructuring its executive team to improve its AI efforts after facing delays and setbacks.

Johns Hopkins University announced it is laying off over 2,000 workers worldwide after losing $800 million in federal grants due to Trump administration cuts.

The Trump administration has initiated plans to reduce the Department of Education's workforce by half, with 2,000 employees placed on administrative leave.

The U.S. is set to impose a 25% tariff on all steel and aluminum imports, with Canadian metals facing an even higher 50% tax.

Sun Pharmaceutical Industries Ltd. has announced its acquisition of US-based Checkpoint Therapeutics Inc. for $355 million.

Elon Musk’s net worth dropped by $8.8 billion to $342.8 billion following a Tesla stock decline triggered by concerns over Trump’s tariffs.

China's exports hit a record high this year as companies rushed shipments ahead of higher US tariffs and potential future increases.

China has set an ambitious 5% economic growth target for this year while raising its fiscal deficit to 4% of GDP, the highest in over 30 years, and lowering its CPI target to 2% for the first time in two decades.

Ukraine has agreed to a mineral development deal with the U.S., marking a shift in negotiations that previously included a demand for a $500 billion U.S.-controlled fund.

The United States is negotiating a deal with Ukraine for $500 billion worth of its natural resources, including titanium, lithium, and graphite, in exchange for military aid provided during Russia’s invasion.

Ukraine is resisting U.S. demands for a $500 billion compensation fund in exchange for a share of the country's mineral wealth

A Bank of America survey shows fund managers are more optimistic than they’ve been in years, with cash holdings at their lowest levels since 2010 and 82% believing a global recession is unlikely in the next year.