Trump’s Delay on Mexico and Canada Tariffs Came in Response to Market Revolt

Taiwan Semiconductor Manufacturing (TSMC) is facing a challenging 2025 as tech stocks slump due to tariffs, but its strong sales growth hints at a potential turnaround. With revenue up 39% in the first two months of the year, TSMC is on track to exceed Q1 expectations and deliver impressive earnings growth driven by high demand for AI chips. The company's focus on increasing production capacity for customers like Nvidia and others in the AI chip...

The market is volatile, with Palantir Technologies' stock experiencing a significant drop despite being up 274% in the past year. The AI company is financially stable, with a strong government and commercial customer base, but its high valuation of over 150 times forward earnings raises concerns about its future growth potential. As one of the most expensive stocks on Wall Street, investors should avoid buying Palantir Technologies until its valuation aligns with its performance. Full...

Ben Coryell, who runs a wilderness guiding company in Golden, Colo., faced challenges as customers canceled climbing courses due to economic uncertainty from Trump administration tariffs. Delays in National Park Service permits and staffing cuts raised concerns about business continuity. Small businesses nationwide are grappling with changes, including funding freezes, staffing cuts, and an immigration crackdown, impacting operations and future prospects significantly. Full Article

Jaguar Land Rover, a British luxury automaker, announced a pause in shipments to the United States in response to President Trump's 25% auto tariffs, affecting its 38,000 cars exported to the US in the last quarter of 2024. The company cited the importance of the US market and its short-term actions to address the new trading terms, as British luxury carmakers face challenges due to limited production sites. Shares in Tata Motors, the Indian parent...

A jury in Louisiana has ordered Chevron to pay $745 million to Plaquemines Parish to help restore wetlands damaged by the energy company, setting a precedent for other similar lawsuits in the state. The lawsuit alleged that Chevron, through its acquisition of Texaco, violated state law by not applying for coastal permits and failing to remove oil and gas equipment. Despite Chevron's claims of innocence, the jury awarded the parish $575 million for land loss,...

Labour MP and mayor of the West of England, Dan Norris, has been arrested on suspicion of sexual offences and rape, leading to his suspension from the Labour party. The police investigation into alleged non-recent child sex offences and a rape from the 2020s is ongoing, with Norris released on conditional bail. Norris, who has previously served as an MP and rural affairs minister, has lost the parliamentary whip and is facing scrutiny following his...