tariffs News

How Trump’s Second Administration Affects Business: Musk, Tariffs And More

Donald Trump’s return to the White House after winning the Nov. 5 U.S. presidential election may reshape American business. Much depends on whom he appoints as deputies and cabinet members, including the role of Tesla CEO Elon Musk, and what …

Sedgwick: U.S. Product Recalls Dropped in Q2 in 5 Key Industries

Product recalls in the U.S. decreased across the automotive, consumer product, food and drink, medical device and pharmaceutical industries in the second quarter, a new report shows. A report from Sedgwick shows the 788 recalls across those industries represent a …

Insurance, Economy, Tariffs Weigh on Berkshire Hathaway

Berkshire Hathaway Inc on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting, a slowing economy and trade woes weighed on the conglomerate run by billionaire Warren Buffett. Berkshire’s auto insurer Geico suffered …

Tesla Investigates Video of Parked Model S Exploding in Shanghai

SHANGHAI — U.S. electric vehicle maker Tesla Inc. said it has sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding, the latest in a string of fire incidents involving …

Up to Their Waists in Water, U.S. Farmers Face Crucial Decisions

For American farmers already struggling to navigate the U.S.-China trade war, optimism for the spring planting season is washing away. Floods from the Mississippi Delta to the Dakotas have inundated roads and submerged fields just as Midwestern farmers should be …