Investments and Business

Lawsuit accuses Apple of stealing trade secrets to create Apple Pay

Lawsuit accuses Apple of stealing trade secrets to create Apple Pay

A significant legal conflict has arisen regarding the creation of Apple's touchless payment system. According to court filings, the technology company is accused of unlawfully utilizing safeguarded intellectual assets to create its Apple Pay service. The case, lodged in federal court, puts forth substantial claims that might affect one of Apple's highly lucrative offerings.La querella surge de una empresa de tecnología financiera que sostiene que sus innovaciones patentadas son la base de la solución de pago móvil de Apple. Según los documentos presentados ante el tribunal, representantes de ambas organizaciones realizaron varias reuniones donde se compartieron detalles técnicos confidenciales bajo…
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luxury villas located in Riviera del Sol Mijas costa del sol

Magari presents a new luxury development: three villas in Riviera del Sol combining style, comfort, and investment potential

The builder Magari showcases its latest unique housing development on the Costa del Sol: three brand-new upscale villas situated in Riviera del Sol, Mijas, where modern design meets ultimate practicality, perfectly positioned equidistant between Marbella and Fuengirola.Featuring a contemporary architectural approach and areas crafted for comfort, these houses provide an outstanding living experience in one of the most desirable regions of southern Spain. Each villa includes three bedrooms, four bathrooms, a personal solarium, multiple terraces with clear vistas—two offering sea views—a cinema room, a personal gym, an elevator, and a pool encircled by a garden. Additionally, there's a large garage…
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Here’s what could get more expensive from Trump’s massive tariff hikes

Products that may increase in price from Trump’s massive tariff hikes

The recent implementation of substantial tariff increases by the U.S. government is expected to impact consumer prices across multiple sectors of the economy. These trade policy changes, representing the most significant import tax adjustments in decades, will likely lead to noticeable cost increases for various everyday products in the coming months.The prices of electronics and technology gadgets seem especially prone to increases. Several consumer electronics items, such as smartphones, laptops, and home appliances, include parts that are impacted by the new tariffs. Experts in the field anticipate these products may experience an 8-12% rise in retail prices as producers and…
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Toyota, world’s biggest carmaker, warns of unprecedented .5 billion profit hit from tariffs

World’s largest carmaker Toyota warns tariffs threaten $9.5 billion in profits

The automotive industry faces substantial challenges as trade policies reshape the competitive landscape, with Toyota Motor Corporation projecting a $9.5 billion reduction in annual profits due to recently implemented tariffs. As the world's largest vehicle manufacturer, this forecast represents one of the most significant financial impacts reported by any corporation in response to changing international trade conditions.Industry experts highlight that these expected losses originate from various elements impacting Toyota's intricate international operations. The company's vast supply chain, stretching across many countries, has become especially susceptible to rising trade obstacles. Increased expenses will mainly influence vehicles and parts being transferred between…
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Claire’s, a mall staple for tweens, files for bankruptcy — again

Claire’s, tween accessory destination, files for bankruptcy — again

The well-known jewelry and accessories brand Claire's has started bankruptcy procedures, signifying the retailer's second Chapter 11 filing, which has been a staple for generations of youthful customers. This situation highlights the persistent difficulties confronting traditional retail businesses in a market that is becoming increasingly digital, especially those serving a younger audience with changing shopping habits.Founded in 1961, Claire's evolved into a cultural icon for young adolescents and teenagers looking for cost-effective fashion accessories, ear piercings, and stylish jewelry. The business's ongoing financial overhaul comes after its earlier bankruptcy in 2018, indicating continued challenges in adjusting to the swift evolution…
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Shein’s and Temu’s prices will get hit even harder by the new de minimis rule

New de minimis regulation threatens Shein’s and Temu’s low prices

Recent changes to U.S. customs regulations are poised to reshape the competitive landscape for ultra-low-cost online retailers, particularly those specializing in fast-fashion and discount merchandise. The updated de minimis rule, which governs the value threshold for duty-free imports, is expected to create new financial pressures for e-commerce giants like Shein and Temu that have built their business models around shipping inexpensive goods directly to American consumers.The changes in regulation signify a major transformation in the treatment of low-value international parcels by U.S. Customs and Border Protection. Before, items worth less than $800 could enter the U.S. without being subject to…
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The jobs report that enraged Trump was flashing a recession warning sign

Trump lashed out over jobs report flashing recession signals

A new report on employment, which has been closely analyzed for its impact on the U.S. economy, has sparked intense political responses while also causing worry among economists about a potential future decline. Although the main statistics seem to show continued robustness in the job market, a detailed review of the data suggests signs that the economy may be slowing, which could lead to a wider recession.Former President Donald Trump expressed frustration over the report’s contents and interpretation, claiming it either misrepresented the economy’s condition or reflected negatively on the Biden administration’s economic management. His comments, delivered via social media…
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All major Las Vegas Strip casinos are now unionized in historic labor victory

Complete unionization of Las Vegas Strip casinos marks labor milestone

In a development that marks a turning point for the hospitality and gaming industry, every major casino along the Las Vegas Strip is now officially unionized. This historic shift reflects years of persistent organizing efforts and signals a broader movement toward stronger labor representation in one of America’s most iconic tourism corridors.The culmination of this unionization wave has been hailed by labor advocates as a significant victory for service workers who have long sought improved conditions, better wages, and greater job security. It also reinforces the role of organized labor in sectors traditionally characterized by high turnover, demanding workloads, and…
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E.U. will pause retaliatory tariffs against U.S. as trade talks continue

E.U. to halt retaliatory tariffs on U.S. amid ongoing trade discussions

The European Union has agreed to temporarily halt the imposition of retaliatory tariffs on imports from the United States, signaling a strategic pause in a long-running transatlantic trade dispute. The move comes as both sides work to resolve key differences through renewed dialogue aimed at reducing economic tensions and avoiding further escalation in trade restrictions.Officials from the European Commission confirmed that the suspension is part of a broader effort to create a constructive environment for negotiations, particularly around issues involving subsidies, industrial policy, and regulatory alignment. The decision to hold off on additional tariffs reflects cautious optimism that a negotiated…
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Trump says the Bureau of Labor Statistics orchestrated a ‘scam.’ Here’s how the jobs report really works

Did the Bureau of Labor Statistics fake the jobs report? Trump’s accusation explained

Former President Donald Trump has once again cast doubt on the integrity of federal economic data, this time accusing the Bureau of Labor Statistics (BLS) of manipulating employment figures to mislead the public. Referring to the monthly jobs report as a “scam,” Trump’s comments have reignited debates about the accuracy and reliability of U.S. labor market data. While such accusations carry political weight, they often misrepresent the rigorous, methodical process by which these reports are compiled.Understanding how the BLS constructs its monthly employment summaries is key to evaluating such claims. The process is extensive, data-driven, and designed to ensure transparency…
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