Cityscape and Tokyo Tower at sunset, Tokyo, Japan. © Marco Bottigelli | Moment | Getty Images Shares of Asian pharmaceutical companies fell Friday after U.S. President Donald Trump announced fresh tariffs on furniture, heavy trucks and pharmaceutical products. Starting from Oct. 1, “any branded or patented Pharmaceutical Product” faces 100% duties, except for companies that…
Artificial intelligence is in the early part of a “super cycle” that could last 20 years, according to a top investor. Raj Ganguly, co-founder and co-CEO of venture capital firm B Capital, told CNBC’s “Beyond the Valley” podcast released Friday that AI is going to have a huge, global impact in the coming years. “We’re…
In an aerial view, trucks line up to enter a shipping berth at the Port of Oakland on Aug. 26, 2025 in Oakland, California. Justin Sullivan | Getty Images U.S. President Donald Trump said Thursday night stateside that he would impose a 25% tariff on imported heavy trucks from Oct. 1, part of his broader…
Shelf of pharmaceutical products. D3sign | Moment | Getty Images President Donald Trump announced Thursday that the U.S. will impose a 100% tariff on “any branded or patented Pharmaceutical Product” entering the country from Oct. 1. The measure will not apply to companies building drug manufacturing plants in the U.S., Trump added. He said that…
FILE PHOTO: Former FBI Director, James Comey appears before the Senate Intelligence Committee in the Hart Office Building on Thursday June 08, 2017 in Washington, DC. Matt McClain | The Washington Post | Getty Images Former FBI Director James Comey was indicted Thursday in Virginia federal court on criminal charges of false statement and obstruction…
U.S. President Donald Trump speaks during the 80th session of the United Nations General Assembly (UNGA) at the UN headquarters on Sept. 23, 2025 in New York City. Chip Somodevilla | Getty Images Shale oil executives say President Donald Trump is hurting investment in the oil patch, and are giving a grim outlook for the…
A Costco store in Richmond, California, US, on Thursday, May 29, 2025. David Paul Morris | Bloomberg | Getty Images Costco on Thursday posted fiscal fourth-quarter earnings and revenue that topped analyst estimates as the warehouse club posted double-digit gains in both membership income and its e-commerce business. The warehouse club does not share an…
Lisa Cook, governor of the US Federal Reserve and governor nominee for US President Joe Biden, during a Senate Banking Committee nomination hearing in Washington, DC, US, on Wednesday, June 21, 2023. Anna Rose Layden | Bloomberg | Getty Images Lawyers for Federal Reserve Governor Lisa Cook on Thursday argued that the Supreme Court should…
House Minority Leader Hakeem Jeffries (D-NY) speaks during a press conference as the U.S. House of Representatives considers U.S. President Donald Trump’s sweeping tax-cut bill, on Capitol Hill in Washington, D.C., U.S., May 19, 2025. Nathan Howard | Reuters House Minority Leader Hakeem Jeffries said Thursday that Democrats will not be “intimidated” by the Trump…
Microsoft President Brad Smith, left, speaks at a press conference on future visions for the development and application of artificial intelligence in education in North Rhine-Westphalia at the Representation of the State of North Rhine-Westphalia in Berlin on June 4, 2025. To his right is Hendrik Wüst (CDU), Minister President of North Rhine-Westphalia, in front…
