If you’re in the US and expecting a high-end package from overseas,...
If you’re in the US and expecting a high-end package from overseas, there’s a chance it’s not getting to you. That’s because, starting today, DHL is temporarily halting shipments to the US valued at more than $800 due to a “significant increase” in red tape at customs caused by tariffs. Shipments below $800 can still pass through, although that will change beginning on May 2, when the White House is set to close that loophole. Low-cost operators such as Temu and Shein are expected to be impacted.
The Magnificent Seven have been anything but this year, with their shares...
The Magnificent Seven have been anything but this year, with their shares suffering in a chaotic market. Tesla reports tomorrow after a tumultuous 2025 that has seen the company fail to meet delivery expectations in Q1 and reportedly cut back on production of its Cybertrucks. Alphabet announces on Thursday, this after Google’s recent legal defeat in an antitrust case against its advertising business. Other notable reports on tap: Capital One (tomorrow), Boeing (Wednesday), and Chipotle (Wednesday).
Luigi Mangione will be arraigned on federal charges: On...
Luigi Mangione will be arraigned on federal charges: On Friday, the man charged with the murder of UnitedHealth CEO Brian Thompson can enter a plea on four federal charges: a firearms offense, murder through the use of a firearm, and two counts of stalking. Mangione has already pleaded not guilty to 11 charges he faces in New York and four in Pennsylvania, where he was arrested at a McDonald’s restaurant. Mangione is being held in federal custody in Brooklyn.
A Boeing 737 Max intended for China’s Xiamen Airlines landed back at Boeing’s US production facility on Saturday. No word on if they will receive a refund to their card or store credit.
Volvo plans to cut up to 800 US jobs in response to tariff uncertainty, according to Reuters.
A mistake led to the White House’s battle with Harvard, according to a Trump official, after a list of demands was sent to the university without authorization.
The CEOs of Meta, Oracle, and JPMorgan Chase sold hundreds of millions of dollars’ worth of stocks before tariff announcements rocked the financial markets.
Coca-Cola, which already won the hearts of Americans as the No. 1 soda in the US, is also poised to beat Pepsi in the trade war.
WTI Soars Nearly 3% on Trump’s Russia, Iran Threats
Late on Sunday, Trump warned that he could impose secondary...
Late on Sunday, Trump warned that he could impose secondary sanctions on Russia’s energy sector if the U.S. and Russia are unable to reach a ceasefire agreement regarding the war in Ukraine.
“If Russia and I are unable to agree to stop the violence in Ukraine, and if I believe Russia is responsible, which may not be the case, but if I believe they are to blame, I will impose secondary tariffs on all Russian oil exports,” Trump told NBC.
U.S. benchmark crude oil prices soared 2.65% on Monday, with West Texas Intermediate (WTI) hitting $71.20, up $1.84 at 11:47 a.m. ET on fears that Trump will follow through on more tariff threats for buyers of Russian oil, combined with the prospect of a military response to Iran.
Brent crude was also climbing on Monday, up 1.47% to $74.71.
Two geopolitical deals are in play here. The first is a ceasefire deal over Russia-Ukraine, and the second focuses on a new deal over Iran’s nuclear program.
The energy sector is seeing a surge in cyberattacks, with some incidents...
The energy sector is seeing a surge in cyberattacks, with some incidents linked to nation-state campaigns, according to Resecurity researchers. Hacktivism and espionage from actors in Iran, China and North Korea pose threats. Technological transformations such as cloud adoption and AI integration have made systems more vulnerable, researchers say.
