A publicly traded tech firm, ALT5 Sigma, plans to sell $1.5 billion of shares to fund the purchase of a cryptocurrency created by World Liberty Financial, which the Trumps control.
Category: Trump, Donald J
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Tariffs on China Set to Rise Sharply Tuesday if No Deal Is Reached
President Trump has yet to formally sign off on an agreement to extend an economic cease-fire with China.
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As Trump Curbs Wind Farms, Orsted Plans $9.4 Billion Share Offering
Shares of the Danish renewable energy developer tumbled after it would issue more stock to raise funds instead of divesting a stake in a wind farm off the U.S. coast.
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Higher Tariffs Loom as U.S.-China Trade Truce Nears Expiration
President Trump has yet to formally sign off on an agreement to extend an economic cease-fire with China, which expires on Tuesday.
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Paramount Strikes Seven-Year Deal to Stream UFC Fights
The seven-year $7.7 billion deal is an early win for the company’s new chairman, David Ellison, who took over last week. CBS will also show some marquee fights.
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What the Nvidia Chip Payoff Deal Says About Trump’s Trade War
A deal for Nvidia and AMD to give the Trump administration a cut of chip sales to China raises questions about national security and trade policy goals.
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Small Businesses Brace for the Punishing Side Effects of Trump’s Tariffs
Large firms with big bank balances, workers already in jobs and households near the top of the income ladder will have an easier time navigating the economic waves.
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U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China
In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in China to the U.S. government.
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Can AriZona’s 99-Cent Iced Tea Survive Trump’s Tariffs?
The price has been AriZona’s calling card for nearly three decades. A 50 percent tariff on imported aluminum may change that.
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Trump Tariffs Spur Layoffs and Price Increases as Companies Face Tough Choices
Businesses that had been in a holding pattern during President Trump’s evolving trade war are starting to plan ahead with more conviction.
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Car Companies Are Paying Tariffs So You Don’t Have To
But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.