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IMF urges US to change course on economic policy – Financial Times
Kristalina Georgieva, IMF managing director © Samuel Corum/Bloomberg The IMF has taken aim at the Trump administration’s economic policies, attacking US tariffs and warning that the role of the country’s statisticians, supervisors and tax collectors needs to be respected. The fund said in a statement that the administration of President Donald Trump should deploy “a different set…
Bayer agrees to $7.25 billion proposed settlement over thousands of Roundup cancer lawsuits – AP News
JEFFERSON CITY, Mo. (AP) — Agrochemical maker Bayer and attorneys for cancer patients announced a proposed $7.25 billion settlement Tuesday to resolve thousands of U.S. lawsuits alleging the company failed to warn people that its popular weedkiller Roundup could cause cancer. The proposed settlement comes as the U.S. Supreme Court is preparing to hear arguments…
Natural gas prices in Texas are negative and producers burn it off while shortages loom elsewhere – Fortune
A quirk in global energy markets has created a stark geographic divide between the haves and the have nots, as a glut of natural gas in West Texas has produced negative prices while shortages loom over Europe and Asia amid the U.S. war on Iran. Over the past week, spot prices at the Waha gas…
Warner Bros. Discovery rejects Paramount’s amended takeover offer – NBC News
Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit of the streaming and cable giant. The media company said it remains committed to the $82.7 billion deal it reached in December to sell its streaming service, studio and HBO cable channel to…
Stellantis shares plunge 23% after automaker announces $26 billion hit from business overhaul – CNBC
In this article STLA RNO-FR EO-FR FR-FR STLA Follow your favorite stocksCREATE FREE ACCOUNT Stellantis logo is pictured at one of its assembly plants following a company’s announcement saying it will pause production there, in Toluca, state of Mexico, Mexico April 4, 2025. Henry Romero | Reuters Shares of automaker Stellantis plunged 27% in European…
Bitcoin might be at risk from a new quantum math trick that breaks digital ownership – CoinDesk
Not everything in bitcoin is at risk from a quantum computer. Bitcoin mining, the process by which new blocks get added to the blockchain, uses a type of math called hashing that quantum computers cannot meaningfully break. The ledger itself and the rule that new bitcoin can only be created through mining would survive a…
