Author: BLMS MEDIA
Sportswear giant Adidas on Tuesday said that U.S. President Donald Trump’s tariffs would result in price hikes for all its U.S. products.The company said it did not yet know by how much it would boost prices, also noting that the global trade dispute was preventing it from raising its full-year outlook despite a bumper increase in first-quarter profits.”Higher tariffs will eventually cause higher costs for all our products for the US market,” Adidas said in a statement.The company said it was “somewhat exposed” to White House tariffs on Beijing — currently at an effective rate of 145% — but that…
Superman already has a lot on his broad shoulders. It seems unfair to add the fate of Hollywood to his worries.But that’s the kind of pressure that comes with being one of the biggest stars in the comic book universe, who is getting a grand reintroduction at a tumultuous time. Thankfully he’s not doing it alone — Marvel Studios is also returning to theaters in a big way with two movies this summer, “Thunderbolts” and “The Fantastic Four: First Steps.”Five years after the COVID-19 pandemic brought movie business to a halt, and two years after the strikes, the industry has…
Storied Silicon Valley VC firm Andreessen Horowitz is backing a fledgling U.K. startup that’s setting out to “redefine” how AI is used to match companies with talent. Dex, as the startup is called, targets candidates and companies with various AI-powered recruitment smarts, including matchmaking and coaching, with a view toward improving retention in the long run. Dex is the handiwork of CTO Harry Uglow and CEO Paddy Lambros (pictured above), who recently left their positions as software engineer and head of talent, respectively, at European VC firm Atomico. While they say that Dex has already lured some two dozen U.K.…
Canada has selected its leader as it prepares to navigate ongoing trade tensions with its neighbor to the south.CBC News projected on Tuesday morning that the Liberal Party will form the next government and give Prime Minister Mark Carney a full term. It’s unclear if they will have a majority — 172 seats in the House of Commons are needed — or if they’ll need to form a governing coalition. As of 4:15 a.m. ET, the Liberal Party had secured 168 seats, per Elections Canada’s real-time tracker.Carney, a former Goldman Sachs banker and the former governor of Canada’s and England’s…
Brno, Czech Republic CNN — From the street, it doesn’t look like anything special. Most tourists trying to find this UNESCO World Heritage site are usually looking for a grand European classical villa, so they often walk right past what they think is just a typical family home in a quiet Czech neighborhood. But this deceptively humble house is studied by architects and historians around the world. It has been a private residence, a dance studio, a recovery center for women with osteological conditions, a property owned by the Nazi Germany and the location for a major 20th century historical…
TORONTO (AP) — As Canada’s Liberals celebrated election victory in a stunning turn of fortune, the country would not know until later Tuesday whether the party of Prime Minister Mark Carney would have an outright majority or need help in Parliament.Populist Conservative leader Pierre Poilievre — in the lead until U.S. President Donald Trump took aim at Canada with a trade war and annexation threats — was voted out of his Parliament seat in Monday’s election.That capped a swift decline in fortunes for the firebrand Poilievre, who a few months ago appeared to be a shoo-in to become Canada’s next…
Barrie McDermott takes a look at what is set to be another party weekend as Super League’s Magic Weekend returns to Newcastle…After a pulsating round of Super League action last week, excitement is already building for one of the best weekends in the rugby league calendar – Magic Weekend 2025 – and once again, it’s heading back to the iconic St James’ Park. Newcastle will throw open its arms to rugby league fans from every corner of the country (and beyond!), creating that brilliant carnival atmosphere only Magic can deliver.Saturday May 3 and Sunday May 4 promises to be two…
HENDERSON, Texas — Timothy Michael Randall was on the phone with his mother when a police car pulled up behind his Nissan Altima with its lights flashing. It was just after 12:30 a.m. on Sept. 14, 2022, and Randall was heading to his cousin’s house after a night out.“He had called to let me know that he was going to be home a few minutes later,” Randall’s mother, Wendy Tippitt, recalled. “So I wouldn’t worry.”Randall, 29, pulled over and hung up with his mom. Sgt. Shane Iversen of the Rusk County Sheriff’s Office walked up to the Altima and told…
These are the faces behind President Donald Trump’s unprecedented first 100 days.Whether they’re a familiar image on TV screens or shy away from the spotlight, these 14 people have played a crucial role in authoring the deluge of executive orders and policies that have eroded norms, upended global markets, and laid the foundation for Trump’s second term.They have championed many of the policies reorienting America today: tariffs, deportations, federal worker firings, and budget cuts. Others drive the Trump brand, shaping media and public perception of the administration as it rolls out an agenda at lightning speed.”President Trump has assembled an…
It’s the 100th day of President Donald Trump’s second term, and it’s been full of economic changes.He’s signed over 100 executive orders, could push the average effective tariff rate to the highest in over a century, and has cut large swaths of the federal government.Hard economic data doesn’t reflect much of Trump’s new policies just yet: The job market is still on the same cooling but strong trajectory it’s been on, and inflation was still marching down toward the Federal Reserve’s target before the bulk of new tariffs kicked in.However, that could all change in the coming months. Implementing tariffs could…