Korea’s Lee urges chaebols to quell distrust, hears trade fears

by mikej222 | Jun 13, 2025 | Uncategorized

This post was originally published on this siteSouth Korean President Lee Jae-myung called on the heads of the country’s largest conglomerates to help restore market trust while hearing out their concerns over the impact of Donald Trump’s tariffs on global trade. In...

Exclusive: Trump’s tariff deal ‘quietly’ added 10% raise which nobody is complaining about anymore, says his former commerce secretary 

by mikej222 | Jun 13, 2025 | Uncategorized

This post was originally published on this siteWilbur Ross, former Commerce Secretary and a key architect of Trump’s first-term trade policy, describes Trump’s current tariff strategy as a deliberate evolution: moving faster, hitting harder, and using broader...

BYD manager calls EV price war it helped spark unsustainable

by mikej222 | Jun 13, 2025 | Uncategorized

This post was originally published on this siteBYD Co. sees China’s electric vehicle price war as unsustainable, according to a senior company executive, who stopped short of saying the country’s largest EV maker would scale back the aggressive discounting it helped...

House barely approves DOGE cuts of $9.4 billion in funding for NPR, PBS and foreign aid

by mikej222 | Jun 13, 2025 | Uncategorized

This post was originally published on this siteThe House narrowly voted Thursday to cut about $9.4 billion in spending already approved by Congress as President Donald Trump’s administration looks to follow through on work done by the Department of Government...

ICE raids are making CEO focus on employees even more important

by mikej222 | Jun 13, 2025 | Uncategorized

This post was originally published on this siteIn today’s CEO Daily: Diane Brady on the impact of ICE raids on CEOs. The big story: Israel attacks Iran and oil surges. The markets: Down on Middle East fight. Analyst notes from Convera, UBS, and Deutsche Bank. Plus:...