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The White House’s sweeping move to raise tariffs on China as early as next week is due to “lessons learned” about the country’s actions, according to a former official who led the government’s review of what tariffs should be imposed. “It reflects that.”The White House announcement, scheduled for Tuesday, is the culmination of a two-year investigation and reflects the economic damage China has already inflicted on the United States, said most recently the general counsel for the U.S. Trade Representative’s office. Greta Peisch, who worked there, said:He cited unfair trade practices in areas such as solar panels and electric vehicles.”We…
Xavier Gutierrez, CEO of the Arizona Coyotes and CEO of ImpactX Sports Group (left), and Pedro Guerrero, CEO of Guerrero Media.Provided by: Guerrero MediaWhen the National Hockey League’s Arizona Coyotes sold their franchise to Utah last month, the league not only lost an Arizona-based team, but also its only active Latino CEO.Xavier Gutierrez, a native of Guadalajara, Mexico, became CEO of the Arizona team in 2019 after Cuban-American billionaire Alex Meruelo acquired the Coyotes a year earlier. Gutierrez, previously a managing director at private equity firm Clearlake Capital Group, had known Meruelo for about a decade before becoming the NHL’s…
San Jose, CA – March 18: Nvidia CEO Jensen Huang will deliver the keynote address. … [+] Nvidia GTC Artificial Intelligence Conference at SAP Center in San Jose, California on March 18, 2024. The developer conference is expected to focus on new chips, software and AI processor technology. (Photo by Justin Sullivan/Getty Images)Getty Images The word “exponential” is one of the most overused words in the English language, but in the world of technology, it has always retained its original meaning of accelerating change. This rapid growth is not limited to isolated regions or a few industries. It is systemic…
Silver Spring, Maryland CNN — The farmers’ market in this Washington, D.C., suburb was a packed crowd for Angela Alsobrooks, who faces an increasingly contentious Senate Democratic primary on Tuesday. “I really want to see a Black woman in the Senate. It’s about time,” said Kathy Pruitt, 68, of Takoma Park, while waiting in line for pickles last Saturday. If elected in November, Allsbrooks, the Prince George’s County executive, could become the third Black woman ever elected to the Senate. (The only Black woman currently serving is California’s LaFonza Butler, who was appointed but will not remain in office beyond…
A Bismarck State University graduate throws his hat during a graduation ceremony at the Bismarck Events Center on May 10, 2024. (Michael Achterling/North Dakota Monitor) by JEFF BEACH (North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) – North Dakota’s public universities are celebrating graduation weekend, with the University of North Dakota and North Dakota State University accounting for more than half of the degrees and certificates awarded.Which school out of the remaining 9 schools will move up the rankings next? If you guessed Bismarck State University, you get an A.According to 2023 numbers, approximately 33% of graduates will go to UND,…
Some investors rely on dividends to grow their wealth. If you’re also a dividend expert, you might want to know: Barrett Business Service Co., Ltd. (NASDAQ:BBSI) goes ex-dividend in four days. The ex-dividend date is his one business day before the record date and is the cut-off date on which a shareholder can be on the company’s books and receive dividend payments. When buying or selling stocks, the ex-dividend date is important because it takes at least two business days for the trade to settle. Therefore, if you purchased Barrett Business Services stock after May 16th, you will not be…
Goldman Sachs said this week that there are plenty of cheap tech stocks to buy following earnings. As of Friday, 92% of S&P 500 companies had reported quarterly results, with 79% of those reporting better-than-expected earnings, according to FactSet. The information technology sector reported year-over-year earnings growth of 23.2%, according to John Butters, senior earnings analyst at FactSet. CNBC Pro combed through Goldman Sachs research to find the most undervalued tech stocks with buy ratings. These include Microsoft, Teledyne Technologies, Arista Networks, Toast, and AppLovin. Teledyne Technologies Don’t overlook Teledyne stock, Goldman said. The company makes electronic components, including avionics…
Farooq Abdullah has dreamed of ruling Kashmir. To align with the people of the state, he wants the Delhi government to have a dialogue with Pakistan. He hardly notices that India has changed. India is now ruled by Indian nationalists rather than sectarian or divisive forces. “Pakistan Se Bat Nahin Karogei to Kashmir Gaza Banega“(If we don’t talk to Pakistan, Kashmir will become Gaza)” is former Jammu and Kashmir Chief Minister Farooq Abdullah’s latest battle cry on Kashmir. As parliamentary elections get into full swing, criticism from India’s opposition parties has become louder and more scolding. Abdullah is an opposition…
Authorities are investigating after a dead whale was found stuck in the bow of an MSC cruise ship.The whale was discovered on Saturday as the MSC Meraviglia approached the port of Brooklyn, New York. “We immediately notified the appropriate authorities and are currently testing the whale,” a spokesperson for the line told USA TODAY in an emailed statement.The 44-foot sei whale was towed to the shores of Sandy Hook, New Jersey, for an autopsy, said Andrea Gomez, a fisheries spokeswoman for the National Oceanic and Atmospheric Administration (NOAA). An examination on Tuesday found a fracture in his right flipper and…
“Frankly, I didn’t know how to do it and neither did they. None of us knew how to do anything,” Huang recently told “60 Minutes” about the company’s origins.Huang has now been Nvidia’s CEO for more than 30 years, building the company through ups and downs into a $2.2 trillion tech giant and helping drive the artificial intelligence boom.But he was only 30 years old when Nvidia was launched. Although the co-founders had never run a business before, Huang, a microprocessor designer, believed they could build a graphics processing unit (GPU) that would revolutionize video games and computer graphics. said.The…