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Wall Street Breakfast Podcast: Google May Cut Ties With Scale AI​

Summary​

  • Google is reportedly ending its partnership with Scale AI after Meta's major investment, prompting other tech giants to reconsider their ties with the startup.
  • Victoria's Secret faces mounting activist pressure to overhaul its board and refocus on its core business to unlock shareholder value.
  • Southwest Airlines is upgrading its Boeing 737 fleet with Honeywell's cockpit alert software to enhance runway safety and operational efficiency.
  • Market sentiment remains positive despite geopolitical tensions, with key industry events and economic data releases on investors' radar this week.
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www.supplychainbrain.com

Selling Into the EU? Time to Start Preparing for the Digital Product Passport

The European Union is on the verge of rolling out a reporting regulation that promises to have a huge impact on businesses selling into the region.
www.supplychainbrain.com

www.supplychainbrain.com

Watch: Getting Ahead of Customs Compliance Violations

Greg Husisian, partner in the law firm of Foley & Lardner, explains why importers should voluntarily disclose to U.S. Customs and Border Protection any underpayment of tariffs.
www.supplychainbrain.com
 
^^^^^^
searcher

Post in thread 'Oil Market News, OPEC+, sanctions and price shocks'

splash247.com

Laden Frontline VLCC collides with shadow suezmax tanker off Khorfakkan - Splash247

A collision occurred at 1:14 am Dubai time overnight between two tankers, the Antigua Barbuda-flagged Adalynn suezmax, part of the shadow fleet, and the Liberian-flagged Front Eagle VLCC, near the Khorfakkan anchorage in the Gulf of Oman. The impact resulted in a fire aboard the Adalynn and...
splash247.com splash247.com

maritime-executive.com

24 Crewmembers Rescued After Tanker Collision in Gulf of Oman

Early reports indicate that two tankers have collided off the coast of Khor Fakkan, UAE, possibly resulting in a fire.AIS data provided by...
maritime-executive.com maritime-executive.com
 

Trump ‘Revenge’ Tax Prompts AMP to Halt Long-Term US Investments​

(Bloomberg) -- One of Australia’s top asset managers has frozen new long-term investments in the US, citing mounting uncertainty over President Donald Trump’s policies.

AMP Ltd.’s main concern is a proposal to lift taxes on US income of non-US businesses as part of Trump’s sweeping domestic policy legislation, Head of Portfolio Management Stuart Eliot said in an interview. Roughly a third of the pension and wealth firm’s A$135 billion ($88 billion) of assets under management are US-domiciled, he said.

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https://www.msn.com/en-us/money/oth...m-us-investments/ar-AA1GQVJT?ocid=socialshare
 
tenthamendmentcenter.com

Are President Trump’s Tariff Orders Constitutional? | Tenth Amendment Center

The Constitution was drafted and adopted in the context of Founding-era law. Under that law (as under modern law) an agent could not further delegate his powers without the consent of the principal. The prevailing legal maxim was Delegata potestas non potest delegari: Delegated power cannot be...
tenthamendmentcenter.com tenthamendmentcenter.com
 

Dow closes nearly 300 points lower Tuesday as Israel-Iran conflict intensifies: Live updates​

Stocks were lower on Tuesday as investors pored through the latest developments in the Middle East, with the Israel-Iran conflict raging on for a fifth day.

The Dow Jones Industrial Average lost 299.29 points, or 0.70%, closed at 42,215.80. The S&P 500 shed 0.84% to end at 5,982.72, while the Nasdaq Composite fell 0.91% and settled at 19,521.09.

President Donald Trump threatened Iran’s leader in a series of Truth Social posts Tuesday and demanded “UNCONDITIONAL SURRENDER!”

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‘Tariff engineering’ is making a comeback as businesses employ creative ways to skirt higher duties​

  • Global manufacturers are rethinking their products design, tapping into a legal technique known as “tariff engineering” to lower tariff costs.
  • The practice involves changing the item’s materials, altering its dimensions or compositions.
  • Tariff engineering is legal, as long as the changes genuinely alter the product’s characteristics.
Would you be bothered if your coat was officially classified as a windbreaker or a raincoat, or your shoes as slippers? Businesses do care though, as classifications under a preferred category can help them pay lower tariff rates.

As U.S. President Donald Trump imposes duties on friends and foes alike, manufacturers are increasingly rethinking the classification of their products and resorting to “tariff engineering” to incur lower duties, several customs lawyers, supply chain and shipping experts told CNBC.

Tariff engineering — a practice that precedes Trump — involves changing an item’s materials, altering its dimensions or compositions so that the finished products can be justified to fit in a different “harmonized system code,” legal experts said.

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Weekly scrap report

Copper Slips But Stays Bullish 💰 | Catalytic Converters Surge & Steel Drops!​

📈 Check Scrap Prices: https://iScrapApp.com/ - Join us as we break down the latest in the scrap metal market, with copper once again stealing the spotlight—even as prices dip slightly. Despite geopolitical tensions between Iran and Israel and softening steel markets, copper’s long-term outlook remains bullish. Get the insights you need to stay ahead in the industry!
👉 Read more: https://iscrapapp.com/blog/weekly-scr...

Copper Slips But Stays Bullish 💰 | Catalytic Converters Surge & Steel
 
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