Author: admin

Stan Choe, AP Business WriterNEW YORK (AP) — US stocks fell Monday, wiping out even more profits since President Donald Trump’s election in November.The S&P 500 fell 1.8% after Trump said it “doesn’t remain” due to negotiations that could lower tariffs set to begin Tuesday for imports from Canada and Mexico. Trump had previously delayed tariffs once to increase the time for consultation.Trump’s announcement shattered hopes of choosing a painless path to world trade on Wall Street and followed the latest warning signals on the strengths of the US economy. Monday’s losses reduced the S&P 500 profit since Election Day…

TALHASSEE, Fla. (WFLA) – House Democrats are calling on the governor to investigate Florida insurance companies. House minority leader Fentris Driskel, D Tampa, called on letters from both Governor Ron de Santis and House Speaker Daniel Perez to further investigate recent news from property insurance companies claiming to be suffering, simultaneously turning billions of profits into the companies they own. Trump suspends aid to Ukraine amid clashes with Zelensky “We’re pushing that accountability, asking for an investigation, asking Florida homes to use the power of that subpoena. Let’s take some people swear and ask a few questions,” Driskel said. Democrats…

LOS ANGELES – Los Angeles Western Law Enforcement has released charges against four suspected of smuggling around 20,000 illegal immigrants from Guatemala to the United States, including seven people who died in a 2023 car accident.Officials said the operators of so-called Turkish organisations, Eduardo Domingo “Turco” Lunozi Matur, Cristobal Mezia Charge, Hermer Obispo Hernandez and Jose Pakstor Oxraj, were charged in federal court last week.Renoj-Matul, 51, and Mejia-Chaj, 49, were arrested on Friday, each appearing in court where they were ordered not to be detained. If convicted, they could each face the death penalty, officials said.Paxtor-Oxlaj, 44, is behind a…

When SpaceX last launched its spacecraft and super heavy rocket, the upper stage collapsed spectacularly over the Atlantic. Two months later, SpaceX has fewer explosive results and is set to try again today.However, Monday’s attempt was scrubbed, but the company was able to try it out right away on Tuesday. Starship’s 8th flight test live webcast starts now https://t.co/q9htusymtf – SpaceX (@Spacex) March 3, 2025 The launch on January 16th saw the successful catch of the ultra-heavy booster at the Texas launch site, but after passing the Gulf of Mexico, the spacecraft exploded in scenes posted to social media from…

Lincoln Diaz Barato, a Cuban-American Republican politician who defended immigrants and vehemently opposed Fidel Castro’s administration, died Monday at 70, after nearly 20 years of serving in Congress representing South Florida, helping to restore democracy in his home country of Cuba.His son, Daniel, said Diaz Barato had died of cancer.News of his death were published on X by his brother, Rep. Mario Diaz Barrato.”The authors of the democratic requirements for lifting US sanctions against Cuban dictatorships, and the authors of Lincoln’s achievements, the authors of the Nicaraguan coordination and the Central American relief law, will end for generations,” he wrote.Cuba’s…

Diddy Tan and Michelle L. PriceWASHINGTON (AP) — The chip giant Taiwanese semiconductor manufacturer is planning to invest $100 billion in the United States, President Donald Trump said Monday in addition to the $65 billion investment the company previously announced.TSMC, the world’s largest semiconductor manufacturer, produces chips for companies such as Apple, Intel and Nvidia. The company had already begun construction of three factories in Arizona after the Biden administration provided subsidies. The first factory in Arizona has begun mass production of 4 nanometer chips.Trump, who appeared at the White House with TSMC CEO CC Wei, called it “a tremendous…

Canadians are becoming “more careful” to potential biases in news coverage from “mainstream” media, exploring alternative news outlets or reducing overall news consumptionsays Canadian Telecommunications Watchdog.Over the past few years, the public has developed a “more important attitude towards traditional news sources” by applying a potential bias in media outlets: more scrutiny. February 17th Report From the Canadian Radio Television and Telecommunications Commission (CRTC). The report is based on results Online survey of 1,226 Canadians.In response, Canadians are more likely to look for alternative sources of news, watch news, or become “selective” about more political commentary, according to a study…

ExplanationToronto-based EME Professional Corp Law Firm employs more than 15 people. Among them are families of single mothers, lawyers including new Canadians, paralegals, law clerks and Artilling students, both in Canada and abroad, who support older parents, children, grandchildren and siblings, as well as new Canadians.Due to US tariffs, Canada is likely to begin experiencing the economic shock that will bring about a recession this week. Before this latest hit, the economic landscape was already pessimistic for Canada. Many of EME’s clients, small builders and developers, were already facing extreme economic hardships due to relatively high inflation and high interest…

Michelle Chapman, AP Business WriterKroger’s chairman and CEO Rodney McMullen resigned after an internal investigation of his personal conduct.Kroger, the country’s largest grocery chain, said Monday that investigations of McMullen’s personal conduct have been found to be unrelated to business but contradict its business ethics policies.Board member Ronald Sargent will serve as chairman and interim CEO and will soon be effective.Sargent has been on the Kroger board of directors since 2006 and has been the company’s lead director since 2017. He works in several roles in grocery chains across stores, sales, marketing, manufacturing and strategy. Sgt. is also former chairman…

Musk said he should be careful not to “work hard” with corruption or he could be killed.In a recent talk with podcast host Joe Rogan, including the impact of illegal immigration and the Department of Government Efficiency (DOGE) crackdown on bureaucratic bloat, high-tech billionaire, Elon Musk outlined some of the issues facing the United States. He also shared his opinions on the progress of artificial intelligence and the Mars Mission plan for SpaceX.”Giant Magnetic Force”Illegal immigrants are provided with benefits such as social security, disability, and Medicaid. It serves as a “huge magnetic force” to draw people from all over…