
American Financial Watchdogs Ordered to Cease Activities
Employees of the Consumer Financial Protection Bureau were instructed to cease all of their operations and all stakeholder engagement effective immediately after receiving an email from the director of the Office of the Management and Budget, Russell Vought, on Saturday evening. Russell Vought was also named to lead the Office of Management and Budget, and…

Shein, Temu, and Amazon to Increase Prices, Report Says
Recently, the USPS (United States Postal Services) temporarily suspended every inbound parcel from China and Hong Kong posts under further notice, according to the USPS website. However, the website also mentioned that the suspension will not affect the flow of letters coming from China or Hong Kong. Many people believe that this is tied to…

President Donald Trump’s Tariff Plan Hits a Roadblock
Donald Trump suspended his plans to impose steep tariffs on Mexico and Canada on Monday. In return for talks on border and crime enforcement with the neighboring countries, he agreed to a 30-day pause. However, tariffs on China are still to take effect on Tuesday. The leaders of both neighboring countries, Canadian Prime Minister Justin…

Talos Energy to Name Paul Goodfellow their New CEO
Talos Energy, the fifth-largest oil and natural gas producer in the USA, is about to appoint its new CEO. According to Mint and its sources, the company is expected to name veteran Shell executive Paul Goodfellow as its next CEO. The sources say Goodfellow, the chief internal auditor at Shell, will be appointed as soon…

SoftBank to Invest $25 Billion on OpenAI Ahead of Stargate
OpenAI, one of the biggest artificial intelligence companies in the world, has long been in a money-raising frenzy. Now, it is in talks with SoftBank, a Japanese conglomerate, to raise around $25 billion, as per three people familiar with the development. This money might cover OpenAI’s commitment to the $100 billion data center project Stargate,…

Nvidia’s Future in Jeopardy, China takes Center Stage
Shares of the chipmaking giant Nvidia plunged on Monday following an announcement by a Chinese firm. This marked the worst day for chipmaker’s shares after the global market sell-off in 2020 due to the pandemic. The plunge is the direct result of the advances claimed by a Chinese startup and a global share sell-0f over…

The UMG and Spotify Makes a Deal for Streaming Rights
Universal Music Group (UMG), the biggest music label in the world, and the Swedish streaming giant Spotify have signed a new long-term deal for the streaming rights of music made under the UMG label. The company said in a statement on Sunday that this agreement allows Spotify to use UMG’s music and publishing rights in…

CNN Revamps its Processes to Become More Future-Ready
Mark Thompson, CNN’s chief executive, is driving a transformative shift at the network, focusing on adapting to the digital age to secure CNN’s future. He emphasized that following audiences to new platforms like new social media platforms is a must and that failure to do so could jeopardize the company’s prospects and future. Key steps…

The TikTok Bidding Begins with Multiple Interested Parties
Recently, President Trump announced that TikTok would have to sell 50% of its business to an American or a non-Chinese entity in order to keep doing business in the US. As a result, a bidding war has started between American businesses to buy this lucrative business. One of the front runners is Frank McCourt, who…