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Trump to Slap New Tariffs on Pharma, Big Trucks
WSJ· 2025-09-26 00:10
Core Viewpoint - Tariffs on drugs will be imposed on companies that do not have manufacturing plants in the U.S. [1] Group 1 - The new tariffs aim to incentivize pharmaceutical companies to establish production facilities within the United States [1] - Companies without U.S. plants will face increased costs, potentially affecting their pricing strategies and market competitiveness [1] - This policy is part of a broader initiative to boost domestic manufacturing and reduce reliance on foreign production [1]
Six Flags Is Under Activist Pressure to Sell Its Real Estate
WSJ· 2025-09-25 23:00
Group 1 - Land & Buildings Investment Management holds approximately a 2% stake in the theme-park operator [1]
Stocks Extend Slide for a Third-Straight Day Ahead of Inflation Data
WSJ· 2025-09-25 20:40
S&P 500 and the tech-heavy Nasdaq composite slipped Thursday after economic data and corporate news offered conflicting signals on the outlook. ...
The Bank of Mexico cut its benchmark interest rate to a three-year low Thursday as expected and said further reductions are possible, while it still sees inflation returning to its target next year.
WSJ· 2025-09-25 20:27
The board of governors voted 4-1 to lower the overnight interest-rate target to 7.50% from 7.75%. ...
Intel Seeks Help from Apple and Others as U.S. Backs Comeback Bid
WSJ· 2025-09-25 18:53
The semiconductor maker has been winning support from other tech companies following the deal that gave the U.S. government a 10% stake. ...
The latest government economic revision shows the U.S. economy was growing at a much stronger clip this spring than previously realized, powered by consumer spending
WSJ· 2025-09-25 17:09
Core Insights - The gross domestic product (GDP) grew at a 3.8% annual rate for the period from April to June, an increase from the previous estimate of 3.3% due to higher consumer spending [1] Economic Performance - The upward revision in GDP growth indicates a stronger economic performance than initially anticipated, reflecting robust consumer spending trends [1]
Microsoft Cuts Back Work With Israel's Defense Ministry
WSJ· 2025-09-25 16:42
Core Viewpoint - The software company discovered that the ministry utilized its cloud services for surveillance of Gaza citizens [1] Group 1 - The software company's cloud services were implicated in monitoring activities conducted by a governmental ministry [1]
Amazon Reaches $2.5 Billion Settlement Over Allegations It Misled Prime Users
WSJ· 2025-09-25 15:40
The agreement requires the e-commerce giant to give money back to customers and change its subscription practices. ...
CarMax Profit Plunge Signals More Pain Ahead for Tariff-Strained Auto Sector
WSJ· 2025-09-25 14:54
Shares in CarMax dropped as much as 24% in morning trading. Analysts had projected higher profits and stable sales, but the company missed on both fronts. ...
The Office of the Parliamentary Budget Officer forecasts a $49.3 billion deficit for 2025-26, representing 2.2% of GDP
WSJ· 2025-09-25 14:38
Canada's budget deficit is projected to widen and surpass 2% of the economy for the current and coming fiscal years due to weak growth and spending measures planned by Prime Minister Mark Carney to rewire the economy, according to the country's fiscal watchdog. ...