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FedEx sues for full Trump tariff refund
Posted onIn recent weeks, prior to the decision release on Friday, hundreds of firms, including cosmetics company Revlon, aluminium giant Alcoa and food importers like tuna fish brand Bumble Bee, filed lawsuits contesting the tariffs, in a bid to get in line for a refund.
Thousands march in Edinburgh calling for action to end poverty
Posted onBBC Protestors met outside the Scottish Parliament building Thousands of people have marched through central Edinburgh calling for more action to tackle poverty in Scotland. The Scotland Demands Better demonstration was organised by trade unions and charities to push for more action on poverty ahead of the UK Budget and next year’s Scottish Parliament elections….
Kevin O’Leary says he asks ‘what would Charlie Munger do?’ when considering deals
Posted onKevin O’Leary praised the late Charlie Munger’s discipline, saying he often asked “What would Charlie do?” when approaching potential deals. But, in a wide-ranging interview with Business Insider, O’Leary said Munger was wrong to trash crypto, which he called “rat poison” and worse. The “Shark Tank” investor said he was a “huge” fan and close…
Help to Save scheme to be offered to more people
Posted onKevin PeacheyCost of living correspondent Getty Images More people on low incomes will be encouraged to save through a scheme that offers a large government bonus, the Treasury has announced. About three million people on universal credit are currently eligible for the scheme, which sees the government add 50p for every pound saved after two…
Honey, I shrunk the data centres: Is small the new big?
Posted onZoe KleinmanTechnology editor AFP via Getty Images Large numbers of vast data centres continue to be build around the world One day the mighty data centre could be toppled into obsolescence by the humble smartphone, said Perplexity CEO Aravind Srinivas on a recent podcast. Speaking to host Prakhar Gupta, the AI chief argued that people…
Trump temporarily blocked from firing Fed governor Lisa Cook
Posted onA federal judge has temporarily blocked President Donald Trump from sacking Federal Reserve governor Lisa Cook, who is part of the board responsible for setting US interest rates. The ruling is a win for the central bank in an unprecedented legal battle with the White House over the independence of the Fed. Last month, Trump…
