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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
News
$1M Federal Insider Trading Scheme: Long Island Man Implicated, Feds Say $1M Federal Insider Trading Scheme: Long Island Man Implicated, Feds Say
$1M Federal Insider Trading Scheme: Long Island Man Implicated, Feds Say A Westchester man and Long Island resident are among four people charged in connection with their alleged involvement in an insider trading scheme that netted over $1 million in profits, federal officials announced. David Cooper, age 38, of the Westchester village of Larchmont, and John Lowe, age 61, of the Suffolk County hamlet of Sayville, were arrested on charges of conspiracy to commit securities fraud and securities fraud, the US Attorney's Office for the Eastern District of New York announced on Wednesday, Jan. 15.  Three other men—Randy Grewal, 54, of Anthem, Arizona, and Richar…

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by Ben Crnic
Business
Dow Drops 1,000 Points: US Stock Market In Free Fall, Wiping Away Trillions In Capital Dow Drops 1,000 Points: US Stock Market In Free Fall, Wiping Away Trillions In Capital
Dow Drops 1,000 Points: US Stock Market In Free Fall, Wiping Away Trillions In Capital Investors hoping the major dip in the stock market last week was just a blip were greeted with even more losses on Monday, Aug. 5, as fears of a recession and global turmoil sent stocks tumbling. The Dow Jones Industrial Average fell 1,200 points at one point but closed 1,000 down. The S&P 500 dropped more than 3 percent and the Nasdaq fell 3.4 percent.  The massive sell-off began on Friday after a US jobs report showed that employer hiring in July had slowed more than analysts had predicted. Investors were already on edge over fears the US Federal Reserve had left interest ra…

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by Josh Lanier
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