Business

Here’s who is bearing the cost of Trump’s tariffs so far this year  MarketWatch Kelly Evans: The tariff math  CNBC Americans are mostly paying for tariffs — and price rises may be on the way, says Deutsche Bank  Business Insider Tariffs are a tax. Are you already paying it?  NPR Tariffs, Explained — and Explored  UC San Diego Today Source link

Mike Lynch’s Estate Ordered to Pay Hewlett Packard $945 Million  The New York Times Mike Lynch’s estate and business partner owe HP £700m, court rules  The Guardian HPE Lost £730 Million After Buying Mike Lynch’s Autonomy, Judge Says  Bloomberg Mike Lynch estate and business partner must pay £740mn to HP Enterprise, court rules  Financial Times Mike Lynch estate and business partner owe HP Enterprise …

About 5 million above-ground pools have been recalled by their manufacturers due to concerns that the pools’ compression straps could allow children to climb in unsupervised and potentially drown, according to the Consumer Product Safety Commission. The recalled above-ground pools are typically 48 inches or taller and have compression straps wrapped around the outside of the pool’s supporting poles to …

CNN  —  For years, Tesla has earned billions of dollars from its competitors just for selling electric vehicles. But that windfall is about to go away, just when the company may need it the most. Regulatory credit sales have been a huge source of revenue for the automaker, which currently faces a sales and profit slump. Legacy automakers purchase credits …

New York CNN  —  Target is changing a roughly decade-old policy that let customers save some extra cash. The retailer is altering its “price match” policy, which allowed customers to request and receive a refund for the difference of a product if the shopper found the identical item cheaper at Amazon, Walmart or Target itself within 14 days of purchase. …

London AP  —  Hewlett Packard is owed more than £700 million ($943 million) by the estate of late British tech tycoon Mike Lynch and his former finance director after they lost a fraud case involving Lynch’s software company, a UK High Court judge ruled Tuesday. The court’s decision comes nearly a year after Lynch was killed when his superyacht sank …

In-N-Out C.E.O. Says She Is Moving to Tennessee and Opening an Office There  The New York Times ‘We’re not leaving California’: In-N-Out says HQ isn’t changing with owner’s move to Tennessee  KCRA In-N-Out owner Lynsi Snyder says she is leaving California  Los Angeles Times ‘Raising a family is not easy here’: In-N-Out CEO says she is leaving California  The Guardian In-N-Out CEO airs California …

U.S. Is Missing the Century’s ‘Greatest Economic Opportunity,’ U.N. Chief Says  The New York Times World on brink of climate breakthrough as fossil fuels ‘run out of road’, UN chief says  The Guardian UN says booming solar, wind and other green energy hits global tipping point for ever lower costs  AP News Around 90% of renewables cheaper than fossil fuels worldwide, IRENA says  Reuters …

Summers Says Bessent Right to Question Fed on ‘Overreach’  Bloomberg.com Treasury Secretary Bessent calls for a review of ‘the entire’ Federal Reserve  CNBC Fed reform may move markets more than Powell ouster  Reuters Bessent: The Trump administration should look into the Fed’s ‘many mistakes’  CNN Bessent backs Fed independence on rates amid Trump criticism  The Hill Source link

US soft drink giant Coca-Cola says it plans to introduce a new Coke sweetened with cane sugar to its existing line-up , confirming a plan that President Donald Trump previewed last week. The company already uses regular sugar to sweeten its signature Coke drink in many parts of the world, but in the US it has typically used corn syrup, …