Press review · Wednesday, 6 August 2025
06 August 2025
3,131 articles: 08 May 2025 – 27 October 2026
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foxbusiness.com
Elon Musk buys $1B worth of Tesla shares
Elon Musk purchased $1 billion worth of Tesla shares on Friday, his first open market buy since 2020, as he seeks greater control over the company as it pivots to robotaxis and AI.
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usatoday.com
Elon Musk puts his money where his mouth is, buys $1 billion of Tesla shares
Elon Musk bought nearly $1 billion of Tesla shares on Sept 12, regulatory filings show. It's the largest insider purchase by value Musk has ever made.
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calmatters.org
California Uber and Lyft drivers closer to being able to unionize after crucial vote
A California bill allowing Lyft and Uber drivers to unionize was approved this week after it was tied to an insurance bill that benefits both companies.
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timesofindia.indiatimes.com
'Don't want them to buy Russian oil': Donald Trump slams EU over trade with Moscow; asks Europe to 'toughen up' - The Times of India
International Business News: Donald Trump is pressuring European allies to cease purchasing oil from Russia and strengthen their sanctions, deeming current measures insufficient.
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tennessean.com
Korean workers at Spring Hill factory leave U.S. following immigration raid in Georgia
Many South Korean Ultium Cells employees in Spring Hill leave the country after Hyundai raid in southern Georgia.
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abcnews.go.com
Fed governor Cook asks appeals court to reject White House bid to remove her
Federal Reserve Governor Lisa Cook is asking a U.S. appeals court to reject the Trump administration's latest attempt to remove her from her post
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California extends cap-and-trade program to advance state climate goals
The California Legislature has voted to extend the state's cap-and-trade program
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pbs.org
Boeing workers reject latest contract offer, extending strike at three Midwest plants
Another contract proposal has been rejected by Boeing workers who now have been on strike for nearly six weeks from three Midwest plants where military aircraft and weapons are developed.
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Mortgage rates are falling fast. Is it a good time to buy a home?
The average interest rate on a 30-year fixed mortgage stands at 6.35%.
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Applications for jobless benefits jump to 263,000 last week, most in nearly 4 years
In another grim sign for the U.S. labor market, jobless claim applications jumped to their highest level in almost four years last week, virtually assuring the Federal Reserve will cut its benchmark interest rate next week
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Consumer sentiment worsens as some economists warn of 'stagflation'
A fresh inflation reading a day earlier showed an uptick in price increases.
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nbcnews.com
Trump's trade agenda has a new flashpoint: The humble soybean
China has turned to soybeans from Argentine farmers even as the Trump administration telegraphs help for Argentina's economy. U.S. farmers have been left in the lurch.
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gamespot.com
Peter Molyneux Is Making His Last Game: "I Just Haven’t Got the Life Energy Left To Do This Again"
The veteran game developer calls Masters of Albion a "redemption title."
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bostonglobe.com
Trump makes MIT an offer, one many on campus hope the school can refuse - The Boston Globe
President Trump issued terms to MIT and other schools; many on campus urge them to push back.
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independent.co.uk
Larry Ellison: The billionaire who could buy TikTok – and is almost as rich as Musk
The billionaire American is about to become a major investor in buying TikTok
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Rite Aid officially closes all locations after bankruptcy filing
Rite Aid, which once had thousands of stores across the country and was beloved for its in-house ice cream, announced it has closed all locations.
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aljazeera.com
First lawsuit filed challenging Trump’s $100,000 H-1B visa fee
The lawsuit claims Trump does not have the authority to override the law that created the H-1B visa programme.
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Parents of woman killed in Tesla crash allege design flaw trapped her in burning car
A lawsuit filed Thursday by parents of a college student killed in a Tesla crash says she was trapped inside as the car burned because of a design flaw that makes it difficult to open the doors in fires
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nbcnews.com
Treasury touts 'first drafts' of Trump dollar coin planned for next year
The design features President Donald Trump's face on one side and an image of him raising his fist on the other.
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nypost.com
Pfizer, Moderna shares plunge on report that Trump officials plan to link 25 child deaths to COVID vaccine
Shares in Pfizer and Moderna fell 3.9% and 7.4%, respectively.
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gamedeveloper.com
Nintendo patents summoning mechanic in the U.S.
The news comes with Nintendo and The Pokemon Company suing Palworld maker Pockerpair over alleged patent infringement.
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hollywoodreporter.com
Warner Bros. Discovery Stock Soars Amid Report of David Ellison Offer
So ... Paramount Skydance Warner Bros. Discovery?
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Wall Street trader hits $5 million jackpot with well-timed bet on Warner Bros stock
The stock surged by more than 35% when the Wall Street Journal reported that Paramount Skydance is preparing a bid for Warner Bros.
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A beloved grocery chain, a family rift, and a board vote: Inside the firing of Market Basket’s CEO - The Boston Globe
The Market Basket Board chair did not say why efforts to mediate fell through.
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nbcnews.com
Larry Ellison eclipses Elon Musk as world's richest person, billionaires index says
Ellison's wealth surged along with the stock of his company, Oracle, which projected massive revenue driven by AI demand over the next few years.
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theguardian.com
Trump reportedly asks EU to levy 100% tariffs on India and China; Ozempic maker Novo to cut 9,000 jobs – as it happened
US president wants to up pressure on Russia to end war in Ukraine
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US federal court temporarily blocks Fed Governor Lisa Cook’s firing
The case has ramifications for the Federal Reserve’s ability to set interest rates without regard to political wishes.
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'100% tariff': Trump asks EU to impose higher duties on Russian oil buyers India, China — Report - The Times of India
International Business News: US reportedly considers increased tariffs on nations buying Russian oil, including India. Donald Trump suggests tariffs of 50-100% on buyers like Chin
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Apple unveils iPhone 17, including first-ever iPhone Air
The product event also featured new versions of the Apple Watch and AirPods.
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Former Bethesda exec says subscriptions undercut devs
Pete Hines believes 'short sighted' decision making in service of subscriptions has left developers out in the cold.
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npr.org
Here's what happens when private equity buys homes in your neighborhood
What makes rents go down and neighborhood diversity go up? Corporate landlords. But they also make it harder to own for yourself.
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Apple to unveil next iPhone amid Trump trade war that could result in higher prices
Apple on Tuesday will unveil its next line-up of iPhones amid a global trade war that’s added a potential price increase to the usual intrigue surrounding the annual evolution of the company’s marquee product
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Rupert Murdoch seals deal passing control of media empire to eldest son
Legal settlement ensures Lachlan Murdoch will take control of sprawling media portfolio after 94-year-old mogul’s death.
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washingtonexaminer.com
Bessent's challenge: Backing tariffs while defending the dollar
Treasury Secretary Scott Bessent faces a tough challenge of carrying out Trump's tariff agenda while also protecting the markets.
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bisnow.com
Lumber Futures Dive 23% After Reaching Record Highs
Lumber futures have fluctuated wildly, reaching a three-year high at the beginning of August before plummeting 23%.
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nbcnews.com
Lachlan Murdoch cements control of Fox and WSJ media empire in new family deal
The deal ends a battle over who will control one of the highest-profile global media groups.
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nbcnews.com
Trump trade and immigration agendas collide in Hyundai raid
The president is pushing for billions in investment from South Korea as he seeks to reduce foreign-born workers in the U.S.
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Trump demands foreign firms in US ‘hire and train’ Americans — as ICE raid on Hyundai jolts Korean companies
ICE raid has thrown billions of dollars in planned US investments into doubt and straining ties just weeks after leaders vowed to deepen cooperation.
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Homebuyer shortage forces many sellers to lower prices, walk away as slump drags on
The housing market is becoming more buyer-friendly after years of sharply rising prices
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Hyundai raid fallout, US work visa system hurdles: How Trump’s Made-in-US dream is being paralysed - explained - The Times of India
International Business News: US President Donald Trump's 'Made-in-USA' dreams face setbacks as immigration raids, like the one at the Hyundai-LG battery facility in Georgia, disru
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ICE raids unfold in Boston and nearby communities, federal official says - The Boston Globe
Immigration agents conducted raids across Boston and nearby communities, arresting dozens of people, according a spokesperson for the Department of Homeland Security.
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US job cuts soared in August, outplacement company says
Jobs cuts announced by U.S. firms climbed 39% last month, data shows.
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theglobeandmail.com
Air Canada flight attendants reject tentative agreement that ended strike
Airline and union to meet with a mediator to find ways to reach common ground on wages
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Donald Trump maelstrom likely to leave US economic model unrecognisable | Heather Stewart
President alters demands on a whim, and although investors are averting eyes for now, risks rise with each chaotic week
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Powerball winning numbers for $1.8 billion jackpot drawing on Saturday, Sept. 6
Saturday's Powerball jackpot ranks as the second highest in U.S. history, only behind the world record $2.04 billion in 2022.
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nbcnews.com
What's next for Trump's tariffs?
There are at least five statutes the president could use to quickly impose tariffs again if the administration's Supreme Court appeal fails, though some have never been tested.
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Postal traffic to US sank 80% after Trump ended low-value parcels exemption
The U.N. postal agency says postal traffic into the United States plunged by more than 80% after a Trump administration move to end a tariff exemption for low-cost imports
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South Korea expresses 'concern' over US immigration raid at Hyundai's Georgia plant
South Korea has expressed “concern and regret” over a major U.S. immigration raid at a sprawling Georgia site where South Korean auto giant Hyundai manufactures electric vehicles
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heatmap.news
Trumponomics Is Starting to Have Some Ugly Effects
The energy sector — including oil and gas — and manufacturing took some heavy hits in the latest jobs report.
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Tesla's proposed pay package could make Elon Musk a trillionaire
Elon Musk is already the wealthiest person in the world.