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Stocks Plummet After Trump Says Tariffs On Canada, Mexico Will Start, Igniting Trade War Fears Stocks Plummet After Trump Says Tariffs On Canada, Mexico Will Start, Igniting Trade War Fears
Stocks Plummet After Trump Says Tariffs On Canada, Mexico Will Start, Igniting Trade War Fears President Donald Trump announced that tariffs on Canada and Mexico will take effect in less than a day, sending the stock market tumbling amid fears of a trade war. Trump said on Monday afternoon, March 3, that the US will impose 25 percent rates on imports from the two neighboring nations and the United States’ primary trading partners, effectively quashing any last-minute hopes for a negotiated agreement. “There’s no room left for Mexico or for Canada” to negotiate to prevent the tariffs from taking effect on Tuesday, March 4, Trump said at the White House, adding, “They’re all set.” The…

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by Joe Lombardi
Business
Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico
Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico Just hours after a similar agreement was reached with Mexico, the United States has agreed to paused planned tariffs on Canadian goods for 30 days. The deal was reached late Monday afternoon, Feb. 3 after President Donald Trump and Canadian Prime Minister Justin Trudeau concluded their second conversation of the day. "I just had a good call with President Trump," Trudeau said in a statement announcing that Canada is implementing a $1.3 billion border plan  "reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increase…

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by Joe Lombardi
Business
US, Mexico Reach Deal To Delay 25% Tariffs US, Mexico Reach Deal To Delay 25% Tariffs
US, Mexico Reach Deal To Delay 25% Tariffs Mexico and the US have reached an agreement to delay steep tariffs that were set to take effect on Tuesday, Feb. 4. Click here for a new, updated story: Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico Mexican President Claudia Sheinbaum announced the deal Monday morning, Feb 3. It will pause the 25 percent levies for a month, and follows negotiations between Mexican officials and the Trump administration on border security and drug trafficking.  Mexico committed to deploy 10,000 troops dedicated to stopping illegal drugs and migrants from…

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by Joe Lombardi
Police & Fire
NJ Pharmaceutical Exec Used Insider Info To Avoid $38 Million Loss: Feds NJ Pharmaceutical Exec Used Insider Info To Avoid $38 Million Loss: Feds
NJ Pharmaceutical Exec Used Insider Info To Avoid $38 Million Loss: Feds A 54-year-old former NJ pharmaceutical executive used insider information to avoid $38 million in losses, authorities said. Dale Chappell, who currently lives in Switzerland faces charges of securities fraud and insider trading, U.S. Attorney Philip Sellinger said. Chappell was formerly the chief scientific officer and member of the board of directors of Humanigen, a publicly traded clinical-stage biopharmaceutical company with offices in Short Hill, Sellinger said. Chappell was arrested on Friday, Dec. 20 in Switzerland, Sellinger said. The United States will seek Chappell’s extr…

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by Sam Barron
News
CEO Of CrowdStrike Is NJ Billionaire George Kurtz Working To Remedy Microsoft Meltdown CEO Of CrowdStrike Is NJ Billionaire George Kurtz Working To Remedy Microsoft Meltdown
CEO Of CrowdStrike Is NJ Billionaire George Kurtz Working To Remedy Microsoft Meltdown Friday, July 19 is not a good day for George Kurtz. Kurtz is the CEO of CrowdStrike, the cybersecurity firm that appears to be responsible for the global outage that disrupted flights, stock markets, media outlets, and banks. Kurtz, 59, is also a Parsippany-Troy Hills native and graduate of Seton Hall University who according to Forbes is worth about $3.1 billion. How has Kurtz spent his morning? Assuring the world that all will soon be right again after the issue with a Falcon content update for Windows Hosts that caused the global outage. Today was not a security or cyber incident. O…

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by Cecilia Levine
News
Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media
Mass Global Tech Outage Grounds Flights, Causes Chaos With Banks, Stock Markets, Media A major tech outage is causing issues worldwide, including grounding flights. Banks, stock markets, and media outlets are also being affected on Friday morning, July 19. An update by cybersecurity technology company CrowdStrike appears to be the cause of device outages for millions of Microsoft Windows device users. Several major US air carriers, including Delta, United, and Spirit are under a full ground stop, according to the FAA. "Several airlines have requested FAA assistance with ground stops until the issue is resolved," the agency said. Microsoft has said it is taking "mitigation …

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by Joe Lombardi