Business

Trump pardons Nikola founder convicted of fraud

Nikola founder Trevor Milton announced Thursday on social media that he had been fully pardoned by President Donald Trump. “Today I was issued a full and unconditional pardon by @realdonaldtrump himself. He called me personally to tell me,” Milton noted.The Associated Press reported that the White House confirmed on Friday…

Trump’s auto tariffs could be boon for rental car companies

President Donald Trump’s recently announced auto tariffs could potentially be a boon for rental car companies.  Hertz on Thursday saw its stock price post a jump of over 20%, and another rental car company, Avis, posted a double-digit increase the same day. The jumps that those rental car companies experienced Thursday…

Amazon planning to extend Prime Day 2025

Amazon is planning to extend its two-day shopping bonanza this year. The Amazon Services team reportedly sent a message to independent sellers, which account for more than half of Amazon’s sales, that “two days just wasn’t long enough” for its Prime Day in 2025. This year will mark the 10th…

Trump’s 25% auto import tariffs: these are the most impacted manufacturers

President Trump’s tariffs on automobiles and automobile parts are going to hit some automakers harder than others, particularly among those with a lower share of their U.S.-sold vehicles assembled outside the United States. For instance, Volvo, Mazda, Volkswagen and Hyundai Motor, which include the brands Genesis and Kia, imported at…

Nearly half of Generation X is not confident about retirement, survey finds

As Generation X continues getting closer to retirement, some have less than rosy views about their retirement prospects, according to a recently-released study from Fidelity Investments.  Fidelity Investments found in the latest edition of its annual “State of Retirement Planning” study that 45% of Gen Xers – those between the ages…

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