Business News

Business

Levi Strauss Surpasses Expectations with a Stellar $1.5 Billion Q1 Revenue Report

Levi Strauss & Co. reported a strong start to fiscal 2025 with Q1 net revenues of $1.5 billion, up 3% year-over-year, and a net income of $140 million, reversing last year's loss. ...

Business

Microsoft Faces Backlash After Firing Employees Over Protest Against AI Military Use

Microsoft Corporation has fired employees who protested against the use of its AI products by the Israeli military during its 50th anniversary, sparking debates on corporate ethics...

Business

Government Announces Hike in LPG Prices and Excise Duties on Petrol and Diesel, Impacting Millions

The Indian government has increased LPG prices for all categories, including subsidized Ujjwala scheme refills, and raised excise duties on petrol and diesel. This adjustment aims ...

Business

Bill Ackman Advocates for a 90-Day Tariff Truce to Boost US Competitiveness

Billionaire hedge fund manager Bill Ackman proposes a 90-day delay in reciprocal tariffs to allow for private negotiations aimed at improving the competitiveness of US manufactured...

Business

Apple Accelerates iPhone Production Shift to India Amid Rising Tariff Tensions with China

Apple is shifting more iPhone production to India from China to avoid high tariffs, a move that highlights the iPhone's importance to Apple's revenue. The company seeks a tariff ex...

Business

First-Quarter Financial Showdown: Delta and Major Banks Set to Reveal Earnings Amid Tariff Impacts

The first-quarter earnings season begins with Levi Strauss, Delta Air Lines, and major US banks reporting their financial results. These reports will provide insights into the impa...

Business

JPMorgan CEO Jamie Dimon Warns: US Tariffs Could Spark Inflation and Slow Economic Growth

JPMorgan CEO Jamie Dimon warns that US tariffs could lead to inflation and slow economic growth, raising recession concerns. Business leaders, including Bill Ackman, express skepti...

Business

Richard Branson Warns: US Tariffs' Market Fallout Predictable Yet Preventable

Richard Branson criticizes the US tariffs' impact on global markets, calling the fallout predictable but preventable. He warns of rising consumer prices and economic ruin without s...