Business

Car rental giant Hertz is facing some blowback as customers report that its “AI-powered” vehicle scanner charges them hundreds of dollars for tiny cosmetic dings. Earlier this summer, a Hertz customer in Atlanta was charged a jaw-dropping $440 for an inch-long bit of curb rash — a cosmetic scuff — on the wheel of his rental, as our sister site …

Market Resilience Challenged by Trump’s Weekend Tariff Salvo  Bloomberg.com Only the markets can stop Trump’s tariff regime now  Axios The TACO trade is backfiring on Wall Street as Trump seizes on stock market highs to charge ahead with tariffs  Fortune Donald Trump could trigger another market shock, investors warn  Financial Times The Stock Market’s TACO Trade May Be About to Backfire  Business Insider Source link

BBC In an unassuming building in Stratford, east London, British start-up Better Dairy is making cheese that has never seen an udder, which it argues tastes like the real thing. It is one of a handful of companies around the world hoping to bring lab-grown cheese to our dinner tables in the next few years. But there has been a …

Manufacturers plead for US tariff clarity before copper stockpiles dwindle  Financial Times Opinion | Trump’s Tariffs Blow Up the Copper Market  The Wall Street Journal Once-in-a-Generation Copper Trade Upends a $250 Billion Market  Bloomberg.com Trump’s copper tariffs pile more metal misery on US auto industry  Reuters Triangle businesses brace for possible 50% copper tariff  ABC11 Source link

In my years as an Italian travel writer and frequent flier, I’ve come to learn the hard way that your international flight experience can be seriously impacted by what you pack. And with airlines increasing baggage fees to near astronomical levels, I’ve started traveling with only a carry-on suitcase and a personal item bag to cut down on unnecessary costs.  …

A crypto analyst suggests altcoins may have plenty more upside, as many are already surging without pulling much market share from Bitcoin. “BTC dominance hasn’t even sneezed and Alts are ripping,” crypto analyst Matthew Hyland said in an X post on Friday.  Bitcoin reaches new highs on three consecutive days TradingView shows Bitcoin (BTC) Dominance is 64.46% at the time …

Our Investigation of UnitedHealth Started With a Tip  The New York Times UnitedHealth’s Campaign to Quiet Critics  The New York Times Source link

Mass layoffs hit Texas-based tech giant in AI pivot  MySA Indeed and Glassdoor are cutting over 1,000 jobs. The CEO overseeing both companies says ‘we must adapt’ to AI  Fortune Austin-based Indeed laying off roughly 1,300 workers  KVUE Job search giants cut 1,300 roles as parent doubles down on AI  San Francisco Chronicle Another company with Texas ties is slashing hundreds of jobs  Chron Source …

(Bloomberg) — In just three months, US stocks have swung from a dramatic April selloff to new heights. Now, traders are about to see if Corporate America’s report cards justify the optimism priced into equity markets. Most Read from Bloomberg Expectations aren’t high: Wall Street is bracing for the weakest earnings season since mid-2023. Analysts see second-quarter profits on the …

July 12, 2025 By Karan Singh Tesla is moving to aggressively expand its Robotaxi Network at a rapid pace, with new information revealing that an expansion into Arizona is imminent, pending, of course, regulatory approval. Tesla has already begun looking at building out the program to other cities, just weeks after the launch of its pilot program in Austin, Texas. …