Archive snapshot · Business
Mon, Aug 24, 8:13 PM ET
Trump says US to hike tariffs on Canadian cars to 50%; Canadian officials set to respond
The US escalates trade war with Canada with 50% auto tariffs set for Jan 1, 2027 as Canadian negotiators left Washington without a deal.
International homepage · +3 outlets
Treasury Secretary Bessent unveils anti-Iran sanctions plan; Iran threatens 46 ships in Strait of Hormuz
The Trump administration plans secondary sanctions on Iran's enablers as Tehran threatens to seize vessels in the Strait of Hormuz.
International homepage · +2 outlets
Canada could cut off electricity to US, Ontario premier says; Canadians renew boycott of American goods
Ontario Premier Doug Ford threatens to cut electricity and critical mineral exports as Canada responds to new US tariffs.
All Content from Business Insider
Supreme Court allows Trump restrictions on mail-in ballots ahead of midterms
The Supreme Court lifts an injunction covering 23 states and DC, allowing Trump's order restricting mail-in ballot eligibility to a federal voter list.
International homepage · +2 outlets
Trump admin preparing largest mass visa revocation in US history, targeting up to 200,000 asylum seekers
The State Department is expected to revoke B1 and B2 visas issued between 2016 and 2026 whose holders have sought asylum.
Fortune
Paramount CEO David Ellison's WBD deal faces antitrust hurdle; California AG cancels settlement meeting
A state AG antitrust challenge threatens Paramount's proposed merger with Warner Bros. Discovery, potentially freezing broader media M&A.
US Top News and Analysis
SEC subpoenas Wall Street banks over hedge fund Situational Awareness
The SEC is investigating trading activity related to Leopold Aschenbrenner's AI-focused hedge fund, which nearly collapsed in July before a Citadel deal.
International homepage · +1 outlets
Alibaba plunges 10% after announcing $10.2 billion share placement to fund AI push
Alibaba shares fell sharply after the company priced a large share placement to invest in artificial intelligence.
US Top News and Analysis · +1 outlets
Bessent could tap near $1 trillion Treasury General Account to fund bond buybacks
Treasury yields decline on reports that Secretary Bessent may use the TGA to buy back long-term bonds and influence yields.
US Top News and Analysis · +2 outlets
Trump readies new tariff to punish China for cheap exports without endangering trade truce
Trump considers a 7.5% tariff on Chinese goods on top of previously announced tariffs, calibrated to avoid breaking the trade truce.
Fortune
Apple to launch foldable 'iPhone Ultra' priced over $2,000 in early September - report
Apple is reportedly launching its first foldable phone, the iPhone Ultra, with a price tag above $2,000.
Fortune · +1 outlets
SpaceX plans to put Nvidia-powered AI satellites in orbit next year
Elon Musk's company plans to launch orbital data centers by the end of next year using Nvidia's AI chips.
MarketWatch.com
Mark Walter's TWG Global hires Goldman veteran Markowitz as top lawyer amid federal probe of insurers
Federal authorities are investigating how two insurers in Mark Walter's empire classified more than $20 billion in loans.
US Top News and Analysis · +1 outlets
FTC moves to require retailers to disclose use of 'personalized pricing'
The FTC proposes that failing to disclose use of personal data to set prices could violate the FTC Act.
Fortune · +1 outlets
Netflix parts ways with ad exec Jon Whitticom in leadership shake-up
A key executive who helped build Netflix's advertising business is exiting, according to an internal memo.
All Content from Business Insider · +1 outlets
Bitcoin closing in on $80,000 after biggest 3-day rally since 2023
Bitcoin extends gains and approaches the $80,000 level last touched in May, beating stocks and gold over six months.
US Top News and Analysis · +2 outlets
AMD investing more than $10 billion in Taiwan to build advanced chip packaging with TSMC
AMD CEO Lisa Su outlines the company's investment in advanced chip packaging facilities in Taiwan.
Motley Fool
US Trade Rep Greer blames Canada for failed tariff talks: 'They wanted more'
Canadian negotiators left Washington on Friday without a deal to prevent 50% tariffs on about $20 billion worth of goods.
US Top News and Analysis

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