>>Watching Wall Street
(New York, NY) -- The opening bell rings this morning after stocks closed lower on Wall Street Wednesday. At the closing bell, the Dow Jones Industrial Average fell by 132 points to 42-454. The S&P 500 dropped by 64 points to 57-12. The Nasdaq fell by 372 points to 17-899.
>>Uncertainty After Trump Tariffs On Cars
(Washington, DC) -- There is a lot of uncertainty after President Trump imposed new tariffs on automobiles. On Wednesday, Trump signed an executive order putting 25-percent tariffs on foreign made cars and trucks to go into effect April 2nd. He said the order aims to increase domestic manufacturing of cars and auto parts. The environmental group the Sierra Club claims the tariffs will increase car prices for Americans and hurt working families. Mexico and Canada have vowed previously the raise their tariffs if Trumped signed the order.
>>Canada Bars Tesla From EV Rebate Program
(Undated) -- Canada is barring Tesla from its electric vehicle rebate programs. This comes after President Trump's back-and-forth over tariffs in Canada, hitting a 25-percent tariff on the northern nation and Mexico. Canada's transport minister, Chrystia Freeland, said in a Tuesday statement to Reuters that Tesla won't be eligible for the program while the "illegitimate and illegal U.S. tariffs are imposed against Canada." Tech billionaire and Trump adviser Elon Musk serves as the automaker's CEO.
>>Apple's WWDC Kicks Off June 9th
(Cupertino, CA) -- Apple's World Wide Developers Conference will be held June 9th through the 13th this year. The WWDC25 is expected to feature dramatic software overhauls for the iPhone, iPad, and Mac. Bloomberg reports Apple's iOS 19 will be "the biggest revamp since iOS 7." Alongside software updates, the event could also see the launch of new hardware products, and possibly the unveiling of a smarter Siri.
>>More Than Two Dozen Kohl's Locations To Close
(Menomonee Falls, WI) -- More than two dozen Kohl's locations are closing. The retail chain originally made the announcement in January that 27 stores would close in April. Then-CEO Tom Kingsbury said "we always take these decisions very seriously." Three locations in California, Massachusetts, and Virginia have already closed. This Saturday marks the final day of business for the other 24 stores.
>>Dollar Tree Sells Family Dollar Business
(New York, NY) -- Dollar Tree is selling Family Dollar as the discount chain tries to reverse its losses under a new CEO. The company is selling it to two private equity firms for about a billion dollars. The deal is expected to be sealed in 90 days. New CEO Mike Creedon said the sale will allow the retail chain to "full dedicate" itself to Dollar Tree's growth and profitability.
