{"id":809564,"date":"2024-12-02T00:13:33","date_gmt":"2024-12-02T06:13:33","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2024\/12\/02\/trumps-tariffs-walmarts-dei-rollback-and-elon-musks-nvidia-chips-business-news-roundup\/"},"modified":"2024-12-02T00:13:33","modified_gmt":"2024-12-02T06:13:33","slug":"trumps-tariffs-walmarts-dei-rollback-and-elon-musks-nvidia-chips-business-news-roundup","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2024\/12\/02\/trumps-tariffs-walmarts-dei-rollback-and-elon-musks-nvidia-chips-business-news-roundup\/","title":{"rendered":"Trump’s tariffs, Walmart’s DEI rollback, and Elon Musk’s Nvidia chips: Business news roundup"},"content":{"rendered":"
\n
\n
\n
\n
\"Image<\/picture><\/div>\n

Image: INA FASSBENDER (Getty Images), Justin Sullivan (Getty Images), John Greim \/ Contributor (Getty Images), Photo: Joe Raedle (Getty Images), Saul Loeb (Getty Images), Brandon Bell (Getty Images), Kevin Carter (Getty Images), Andrew Harnik (Getty Images)<\/figcaption><\/p>\n<\/div>\n

<\/span><\/figure>\n<\/div>\n

\n
\n
\n
\"Walmart\"<\/picture><\/div>\n

Walmart<\/figcaption>
Photo: Joe Raedle (Getty Images)<\/figcaption><\/p>\n<\/div>\n

<\/span><\/figure>\n

\n

Walmart (WMT<\/a><\/span>) is joining a slew of other major corporations \u2014 including automakers Toyota Motor (TM<\/a><\/span>) and Ford Motor Co. (F<\/a><\/span>) \u2014 in rolling back its diversity, equity, and inclusion (DEI) initiatives after facing potential conservative boycotts. <\/p>\n

Read More<\/a><\/span><\/p>\n<\/div>\n<\/div>\n

\n
\n
\n
\"Image<\/picture><\/div>\n

Photo: Saul Loeb (Getty Images)<\/figcaption><\/p>\n<\/div>\n

<\/span><\/figure>\n

\n

For many of America\u2019s top business and finance leaders, backing Trump in his quest to return to the White House was a straightforward financial investment that in some cases is already paying off handsomely. It\u2019s not unusual for presidents to hand out diplomatic posts to \u2014 and make policy to benefit \u2014 their supporters. What happens next could be at another level. <\/p>\n

Read More<\/a><\/span><\/p>\n<\/div>\n<\/div>\n

\n
\n
\n
\"President-elect<\/picture><\/div>\n

President-elect Donald Trump<\/figcaption>
Photo: Brandon Bell (Getty Images)<\/figcaption><\/p>\n<\/div>\n

<\/span><\/figure>\n

\n

President-elect Donald Trump appears to be making good on at least one of his campaign promises: slapping tariffs on imports from the United States\u2019 biggest trade partners. <\/p>\n

Read More<\/a><\/span><\/p>\n<\/div>\n<\/div>\n

\n
\n
\n
\"A<\/picture><\/div>\n

A Spirit Airlines plane<\/figcaption>
Photo: Kevin Carter (Getty Images)<\/figcaption><\/p>\n<\/div>\n

<\/span><\/figure>\n

\n

Spirit Airlines has just given the world a peek into how bad things got at the end before it filed for bankruptcy<\/a><\/span>. <\/p>\n

After formally declaring that it would not be able<\/a><\/span> to file its third-quarter earnings report on time, the company finally filed the document<\/a><\/span> Monday. There are no surprises in it. As had been the case for every quarter for the last three years, Spirit presented a loss: $308 million against $1.2 billion in revenue. <\/p>\n

Read More<\/a><\/span><\/p>\n<\/div>\n<\/div>\n

\n
\n
\n
\"A<\/picture><\/div>\n

A Jersey Mike\u2019s Subs shop on April 05, 2024 in Petaluma, California.<\/figcaption>
Image: Justin Sullivan (Getty Images)<\/figcaption><\/p>\n<\/div>\n

<\/span><\/figure>\n<\/div>\n

\n
\n
\n
\"Frozen<\/picture><\/div>\n

Frozen food section of a supermarket.<\/figcaption>
Image: John Greim \/ Contributor (Getty Images)<\/figcaption><\/p>\n<\/div>\n

<\/span><\/figure>\n

\n

A listeria outbreak linked to ready-to-eat meat and poultry products has left one infant dead and least 11 people sick, federal regulators are reporting. <\/p>\n

Read More<\/a><\/span><\/p>\n<\/div>\n<\/div>\n

\n
\n
\n
\"Elon<\/picture><\/div>\n

Elon Musk on Capitol Hill on November 13, 2024 in Washington, D.C. <\/figcaption>
Photo: Andrew Harnik (Getty Images)<\/figcaption><\/p>\n<\/div>\n

<\/span><\/figure>\n

\n

Tesla (TSLA<\/a><\/span>) CEO Elon Musk\u2019s aggressive pursuit of artificial intelligence chips for his supercomputer has pushed Nvidia (NVDA<\/a><\/span>) to its production limits. <\/p>\n

Read More<\/a><\/span><\/p>\n<\/div>\n<\/div>\n

\n
\n
\n

JPMorgan Chase ranks top among banks in AI adoption<\/p>\n<\/div>\n

Alexandra Mousavizadeh, chief executive officer of Evident, breaks down how Jamie Dimon\u2019s bank has become an AI trailblazer<\/p>\n<\/div>\n

\n
\n
\n
\"Nearly<\/picture><\/div>\n

Nearly 95% of U.S. households now subscribe to at least one streaming service, with most viewers opting for ad-supported tiers to save money<\/figcaption><\/p>\n<\/div>\n

<\/span><\/figure>\n

\n

The first television commercial aired on July 1, 1941, in New York City just before a Brooklyn Dodgers and Philadelphia Phillies baseball game on an NBC-owned (CMCSA<\/a><\/span>) station. The minimalistic black-and-white ad promoting Bulova watches<\/a><\/span> featured a simple branded illustration of a clock over a map of the United States. It was just under 10 seconds long and had a voiceover that said, \u201cAmerica runs on Bulova time.\u201d <\/p>\n

Read More<\/a><\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n

Read More<\/a>
\n Qiana Buresh<\/p>\n","protected":false},"excerpt":{"rendered":"

Image: INA FASSBENDER (Getty Images), Justin Sullivan (Getty Images), John Greim \/ Contributor (Getty Images), Photo: Joe Raedle (Getty Images), Saul Loeb (Getty Images), Brandon Bell (Getty Images), Kevin Carter (Getty Images), Andrew Harnik (Getty Images) Walmart Photo: Joe Raedle (Getty Images) Walmart ( WMT ) is joining a slew of other major corporations \u2014<\/p>\n","protected":false},"author":1,"featured_media":809565,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[272,163],"tags":[],"class_list":{"0":"post-809564","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tariffs","8":"category-trumps"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/809564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=809564"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/809564\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/809565"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=809564"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=809564"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=809564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}