• Mon, May 12, 2025

by: ABC News

US stocks soar as US and China agree to slash tariffs

The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%. The previous set of sky-high tariffs had threatened a surge in prices and a possible U.S. recession, experts told ABC News.

by: WOWT.com

37 West Farnam officially welcoming tenants and new businesses

Property managers say people who live here will be able to take advantage of the streetcar, once the project is completed.

by: CNN

FDA chief on new plan to lower prescription drug prices | CNN Business

Dr. Martin Makary joins The Lead

by: WSB-TV

Georgia businesses react as Chinese tariffs get 'paused'

"I have 90 days to prepare, 90 days stockpile, 90 days forecast, and 90 days to figure out what to do next," one business owner said.

by: WMUR

NH congressional delegation says businesses need certainty amid tariff fight

As the United States and China announced a de-escalation of a trade war, the New Hampshire congressional delegation on Monday was in the Manchester Millyard to celebrate local small businesses.

by: WPXI

Ongoing roadwork on busy Pittsburgh road leaves business owners frustrated

For weeks, the construction along Penn Avenue has been messy, congested and difficult to navigate. With no end in sight, local business owners are growing increasingly frustrated.

by: The Advocate

LSU selects new dean for business school. See who it is.

New dean set to take over on July 28, will replace Jared Llorens.

by: Toronto Star

Consolidated Lithium Extends Closing of Private Placement Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

by: lbbonline

Howatson+Company Appointed Australian Financial Review's Creative Agency | LBBOnline

Little Black Book, The indie will help refine the AFR's brand identity while maintaining its 70-year legacy in business and financial journalism

by: Reuters

BDx secures financing for data centre expansion in Hong Kong

SINGAPORE (Reuters) -BDx Data Centers said on Tuesday that it has secured project financing from infrastructure credit firm Clifford Capital, Singapore's United Overseas Bank and Japan's Sumitomo Mitsui Banking Corporation for the development of its first hyperscale data centre in Hong Kong. The Asia-Pacific data centre operator said in a statement that the loan marks its debut in the Hong Kong market and its third project financing facility, after two other loans in Singapore and Indonesia.

by: The News-Gazette

Business Notes for May 11, 2025

The Gazette's Business Notes is a compendium of the week's promotions, new hires, certifications, added business lines and business events, among other items, in Cedar Rapids, Iowa City and the rest of the Corridor.

by: Fortune

HHS workers who research diseases, inspect food and administer Medicare and Medicaid are offered $25,000 buyouts

by: WXIX-TV

Budget and Finance Committee approves $161 million plan for Carew Tower

This historic building has been empty for years.

by: CoinTelegraph

Curve Finance warns its DNS has been hijacked again

Curve Finance is warning users that its domain name system might have been hijacked, only a week after its X handle was taken over.

by: Fortune

UK says Europe needs 'coalition of willing' for Ukraine

"We've got to find those countries in Europe that are prepared to be a bit more forward-leaning — I'm not criticizing anyone here."
  • Tue, May 13, 2025

by: Bring Me the News

Champlin bar and grill closing after 18 years in business

Maverick's Wood Grill's last day will be May 31.

by: WETM Elmira

Roadwork continues impacting local businesses in Elmira

ELMIRA, N.Y. (WETM) -The City of Elmira is continuing a construction project it started last year, which is impacting both traffic and businesses. The East Water Street Rejuvenation Project includes street milling and paving, sidewalk repair, landscape, and parking improvements. As a result, East Water Street up until Madison Avenue has become a one way […]

by: The Daily News Online

Woman accused of stealing business vehicle in Perry

PERRY — A woman was charged Saturday after a vehicle was taken from an area resident.

by: ABC News

Dow closes up 1,160 points as US and China agree to slash tariffs

The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%. The previous set of sky-high tariffs had threatened a surge in prices and a possible U.S. recession, experts told ABC News.

by: Seeking Alpha

Universal Music Group gets new finance chief (UMGNF:Pink Limited Info)

Universal Music Group appoints Matt Ellis as CFO, effective June 9.

by: NBC Los Angeles

Germany's business leaders have a message for the country's new government: It's time to deliver

At the Tegernsee summit, business leaders urged Germany's new government to turn campaign promises into reality.

by: TheBusinessDesk.com

People: Finance for Enterprise; Clearpoint Recycling; and more

Finance For Enterprise (FFE) has appointed Sean Thorn as its new senior business lending manager, bringing over 25 years of industry experience to support the organisation's commitment to helping SMEs access funding. Thorn joins the South Yorkshire-based outfit after running his own finance brokerage.

by: The Diplomat

The Rise and Fall, and Rise Again, of Sea Ltd

The Southeast Asian tech giant has just come off its best year yet, and finally appears to be on a path toward stable profits.

by: Mandatory

Blake Lively's Attorney Reportedly Asks for Justin Baldoni's Finances

Blake Lively and Justin Baldoni's ongoing legal battle seemingly intensified after reports revealed a new request from Lively's legal team. The lawsuit, which features the star and director of It Ends with Us, Justin Baldoni, continues to attract major media attention. While the legal battle seems far from over, now finances are at the center […] The post Blake Lively's Attorney Reportedly Asks for Justin Baldoni's appeared first on Mandatory.

by: moneycontrol.com

63% of Indian accountants want to start their own business: Survey report

ACCA's Global Talent Trends Survey 2025 reveals that 63% of Indian accountants aim to launch startups, highlighting a shift toward entrepreneurship, hybrid work, and global career aspirations.

by: Sports Illustrated

Business of Football: Derek Carr Gave a Gift to the Saints

Plus, thoughts on Justin Tucker, George Pickens, Bill Belichick and a new Commanders stadium.

by: syracuse.com

Business Listings: See 37 new businesses in Central NY

See a list of filings in Onondaga, Madison and Cayuga counties.

by: newsbytesapp.com

5 timeless finance strategies that can help your money grow

Managing personal finances effectively is key to achieving financial stability and security

by: reuters.com

Angola's $1 bln loan from JPMorgan cost below 9%, finance ministry says

A loan to Angola from JPMorgan, which was the subject of a $200 million margin call during a market selloff caused by U.S. trade tariffs, cost just below 9%, the finance ministry said.

by: Business Insider

Axos Business Banking Review 2025

Axos is a good bank for business owners, and it's business checking accounts are particularly strong. Is Axos Business right for you in 2025?

by: The Athletic

Blackburn Rovers at risk of Women's Championship relegation due to financing concerns

Blackburn Rovers have been given until Monday, May 18 to decide whether they want to remain in the Women's Championship or face relegation from English football's second tier. According to sources who, like all referenced in this piece, wished to remain anonymous to protect relationships, the club has failed to state its intention to finance their women's team. The Women's Super League Football (formerly known as the Women's Professional Leagues Limited), the organisation in charge of running th

by: USA Today

United Airlines unveils new business class, premium economy seats: Take a look

United Airlines unveiled new business class seats, which are expected to enter into service in 2026. Here's what they look like.

by: newsbytesapp.com

5 simple finance tips to tackle inflation like a pro

Inflation can heavily shake your personal finances, so it is important to adapt and plan smartly

by: USA Today

Business and diplomacy

President Trump has arrived in Saudi Arabia

by: reuters.com

Cyprus business challenges old divisions amid hopes of new crossing points

When Andreas G. Andreou and Emre Serdar founded their window and framing company in Cyprus in 2015, they had a mission: to challenge the island's divisions by operating the business on both sides of its historic ceasefire line.

by: moneycontrol.com

Suryoday Small Finance Bank - a stock for investors with high risk appetite

Growth guidance intact, but core portfolio stress needs to be watched

by: reuters.com

Japan's finance minister wants to discuss forex with Bessent at G7

Japanese Finance Minister Katsunobu Kato said on Tuesday that he would seek to meet U.S. Treasury Secretary Scott Bessent on the sidelines of the G7 meetings in Canada next week to discuss foreign exchange.

by: BBC

Homes evacuated after blaze at joinery business

The fire service said seven crews were sent to tackle the blaze in Rothley, Leicestershire.

by: CNN

United Airlines unveils new Dreamliner interior with business class studio suites | CNN

United Airlines passengers flying on new Boeing 787-9s will find a new "Elevated" aircraft interior when the fresh design debuts on international flights next year.

by: BBC

Van driver dies after crash on busy A-road

A man in his 30s has died and a lorry driver remains in a serious but stable condition, police say.

by: CNN

Nissan more than doubles layoffs to around 20,000 | CNN Business

Nissan unveiled sweeping new cost cuts Tuesday, saying it would eliminate 11,000 more jobs and scale back production, capping a tumultuous year that has left the Japanese automaker fighting to turn itself around.

by: Forbes

Empowering Finance: Integrating Agentic AI Into The Talent Model

Finance functions can leverage agentic AI to mitigate the effects of talent shortages and improve data production and analysis.

by: BBC

Glasner on Wharton fitness, 'business as usual' and facing Tottenham

Crystal Palace boss Oliver Glasner has been speaking to the media before Sunday's Premier League game against Tottenham (kick-off 14:15 BST). 90% he can play [in the FA Cup final], but always things can happen.

by: Fortune

Why Greenhouse CEO Daniel Chait says managing business on the cloud is a 24/7 job

Daniel Chait says the reality of doing business on the cloud means facing constant security risks and questions from customer security teams.

by: Fortune

Tony's Chocolonely: The small chocolate business became a $230 million success story by focusing on two things

Tony's is a hit among Gen Z consumers as the brand advertises through viral social media moments and has stayed true to its core mission of equity and transparency.

by: Fortune

FCC incoming chief questions whether YouTube TV discriminates against faith-based programming

"I want to determine whether your company engages in this form of discrimination."

by: Fortune

DOGE says it's saved $55 billion, itemized data show far less

DOGE's accounting raises questions about the reliability of their self-reporting and their level of accountability.

by: Fortune

Car trouble: Can the French car industry recover to pre-pandemic levels?

Sales are down, factories are closing—but profits remain high. As EVs, offshoring, and China reshape the road ahead, France's car sector faces a reckoning.

US stocks soar as US and China agree to slash tariffs

The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%. The previous set of sky-high tariffs had threatened a surge in prices and a possible U.S. recession, experts told ABC News.
U.S. stocks experienced a significant surge following an agreement between the U.S. and China to reduce tariffs, marking a pivotal moment in their ongoing trade negotiations. The deal, which involves cutting tariffs on a range of goods, has been hailed as a major step towards easing trade tensions between the world's two largest economies. Investors reacted positively to the news, with major indices like the Dow Jones Industrial Average, S&P 500, and Nasdaq all posting strong gains. The agreement is expected to boost global economic growth and enhance market confidence, although some analysts caution that challenges remain in fully resolving the trade dispute.

Read the Full ABC News Article at:
https://abcnews.go.com/Business/us-stocks-soar-us-china-agree-slash-tariffs/story?id=121708443

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