2025-03-14
BMW says tariffs could deliver a $1 billion hit to earnings this year
BMW on Friday warned that new tariffs could cost it as much as 1 billion euros ($1.09 billion) this year, as tensions heat up between Europe, the U.S. and China.
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2025-01-07
CES 2025: BMW's vision-spanning Panoramic iDrive will make sure you never miss another navigation prompt
At a surprisingly star-studded event this morning, BMW showed off the final form of its long-awaited and long-teased Panoramic iDrive system. It's a combination of an oddly angular touchscreen, a [...]
2025-02-02
Trump’s tariffs on Mexico, Canada and China could drive up prices of cars, electronics, fuel, food and more
On Saturday evening, Trump signed executive orders to impose tariffs on Mexico, Canada and China under the International Emergency Economic Powers Act (IEEPA), with a White House fact sheet claiming t [...]
2025-05-02
Apple could spend $900 million on tariffs over the next quarter
In an earnings call for the quarter ending in March, Apple CEO Tim Cook said the company expects to pay around $900 million for US tariffs for the months of April to June. Apple saw limited impacts fr [...]
2025-02-24
Apple plans to invest $500 billion in the US over the next four years
Apple plans to ramp up its US hiring and investments. On Monday, the company said it will hire around 20,000 workers and spend over $500 billion in the US over the next four years.<br /> In 2021 [...]
2025-03-04
TSMC is investing an additional $100 billion into semiconductor manufacturing in the US
Taiwan Semiconductor Manufacturing Company (TSMC), the world's top semiconductor manufacturer, has pledged to invest another $100 billion over the next four years to boost advanced semiconductor [...]
2025-05-02
The White House's proposed budget would cancel NASA's Gateway space station project
The Trump administration's preliminary 2026 budget proposes the biggest single-year cut to NASA funding in the agency's 67-year history. The cuts are part of the White House's broader g [...]
2025-04-30
Samsung says US tariffs will affect prices and demand for smartphones and memory chips
During an earnings call, Samsung's chief financial officer Soon-cheol Park told reporters that "ongoing uncertainty surrounding US tariff policies continues to pose a potential risk of deman [...]
2025-05-02
Apple earnings takeaways: A rush to buy iPhones before tariffs, a $900 million hit, and more
Apple (AAPL) delivered solid second-quarter earnings — but you wouldn’t exactly know it from the mood on Wall Street. Despite beating expectations for the fifth straight quarter, investors were le [...]