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donald trump ap

‘100% tariff will supersede trade deals’: Trump threatens countries planning digital services tax on US firms

US President Donald Trump on Friday warned that any country imposing a Digital Services Tax (DST) would face 100% tariffs on exports to the United States warning that such duties would override existing trade agreements. Escalating his trade offensive against digital taxes targeting American companies, US President Donald Trump on Friday warned that any country...
german car manufacturer volkswagen

Volkswagen considers 4 factory closures, 1 lakh job cuts amid China competition, tariff pressure: Report

The logo of German car manufacturer Volkswagen is pictured at Volkswagen’s transparent factory in Dresden, Germany, on May 14, 2025. (AP-Photo) Volkswagen is considering closing four factories in Germany and increasing planned job cuts to as many as 1,00,000 (1 lakh) in what could become the biggest restructuring in the company’s history as the automaker...
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OpenAI IPO timeline delayed, Kalshi predictions

CEO of OpenAI Sam Altman waves as he speaks with reporters, following meetings on Capitol Hill in Washington, June 3, 2026. Kylie Cooper | Reuters The outlook for an initial public offering from artificial intelligence platform OpenAI is changing after a New York Times report said the company may delay a debut on the public...
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ON Semiconductor stock tanks 20% following Synaptics deal

ON Semiconductor CEO Hassane El-Khoury defended the company’s core business as shares tanked 20% after announcing its largest acquisition to capitalize on physical artificial intelligence. The maker of power and sensing components for the automotive industry on Thursday announced plans to buy edge AI and wireless connectivity solutions company Synaptics in an all-stock deal. The...
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