MV TELEGRAPH DAILY NEWS
MercadoLibre CEO Marcos Galperin CNBC The CEO of Argentina’s MercadoLibre — often called the Amazon of Latin America — sees big opportunity for Latin America in the U.S.-China trade war. “If Latin America plays its cards well, I think could benefit from this volatility,” MercadoLibre CEO and founder Marcos Galperin told CNBC’s Robert Frank on …
Continue reading “Commerce struggle is alternative for Latin America”
Close-up of ‘Shop Canadian’ poster displayed in a local storefront in Edmonton, Alberta, Canada, on April 4, 2025. Artur Widak | Nurphoto | Getty Images Just across the U.S.-Canada border, some small businesses are taking tariffs personally. President Donald Trump has said his wide-sweeping tariffs, even on some of the country’s closest trade partners, will …
Continue reading “Canadian small companies are taking Trump’s tariffs personally”
David Solomon, CEO of Goldman Sachs, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building in Washington, D.C., on Dec. 6, 2023. Win Mcnamee | Getty Images Goldman Sachs is scheduled to report first-quarter earnings before the opening bell Monday. Here’s what Wall Street expects: Earnings: $12.35 per share, according …
Little Red Hen, a family-owned cafe in Altadena, was destroyed in last month’s deadly fires. Courtesy: Shay family When the Los Angeles wildfires swept through Southern California in January, Barbara Shay lost much more than the building housing the cafe she owned. Gone were the ingredients for menu items like grits or pancakes. Gone were …
The Stellantis Windsor Assembly Plant is shown on April 1, 2025 in Windsor, Canada. Bill Pugliano | Getty Images DETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump’s new round of 25% automotive tariffs, the company confirmed Thursday. The actions are …
Continue reading “Stellantis idles vegetation in Mexico and Canada as a result of tariffs”
Meta Platforms is among the U.S. tech giants leading the race to invest in generative AI and the foundational large language models that the AI breakthroughs rely on, and it’s also taken an open-source approach to its AI development, allowing the tech innovations to be shared widely. Those innovations are occurring rapidly. “Not just daily. …
This week was supposed to mark the end of compounding pharmacies making copycat versions of Eli Lilly‘s weight-loss drug Zepbound and its diabetes drug Mounjaro. Online, it doesn’t look like much has changed. Popular websites like Amble, EllieMD, Willow and Mochi Health are all still advertising versions of tirzepatide, the active ingredient in Zepbound. Some, …
Continue reading “Zepbound copycats stay on-line regardless of FDA ban”
Ryan Christiansen, president and head distiller at Caledonia Spirits, giving a tour in Montpelier, VT. Courtesy: Ryan Christianse | Caledonia Spirits President Donald Trump’s tariff rhetoric against Canada has only started to heat up, but Vermont’s small businesses are already feeling some pain. A shipment of spirits, ordered by the Société des alcools du Québec – …
A Southwest Airlines Boeing 737 MAX is pushed back from the gate at San Diego International Airport in San Diego, Aug. 24, 2024. Kevin Carter | Getty Images Southwest Airlines announced Tuesday what was once unthinkable: it will start charging customers to check their luggage. It’s a $300 million gamble. Last year, Southwest said its …
The US Treasury building in Washington, DC, US, on Monday, Jan. 27, 2025. Stefani Reynolds | Bloomberg | Getty Images The U.S. Department of the Treasury on Sunday announced it won’t enforce the penalties or fines associated with the “beneficial ownership information,” or BOI, reporting requirements for millions of domestic businesses. Enacted via the Corporate …
Continue reading “Treasury Division halts enforcement of BOI reporting for companies”
