Author: Harper Lane
Canadian Prime Minister Mark Carney expressed relief that his thoughts were unreadable during his meeting with President Donald Trump at the White House on Tuesday. After a reporter inquired about his mindset when Trump stated he wanted Canada to become part of the US, Carney replied, “I’m glad you could not tell what was going through my mind.” Throughout their discussion, Carney made it clear that Canada is “not for sale.” Trump has previously threatened and imposed tariffs on Canada and has mentioned the idea of adopting Canada as the 51st state. “The president has been vocal about this for…
The 2025 Met Gala, held in New York City on Monday, showcased an array of stylish and bold outfits from some of the world’s wealthiest individuals. This year’s theme, "Superfine: Tailoring Black Style," encouraged guests to embrace tailored fashion, and billionaires delivered looks that were both sophisticated and innovative. Among the best-dressed were Grace Murdoch and Wendi Murdoch, who dazzled in fitted white outfits adorned with gold embroidery and a high collar reminiscent of traditional Chinese attire. Wendi complemented her ensemble with striking accessories like a gold headpiece and lace-up boots, while Grace opted for a sleek blazer and pleated…
The era of the traditional software developer is likely coming to an end, according to Varun Mohan, CEO of Windsurf. During a recent podcast episode of “Y Combinator,” he emphasized that the role of developers will evolve into what he refers to as “builders.” Mohan believes that soon, everyone will have the opportunity to create software. Windsurf, founded in 2021 as Codeium, provides an AI-powered coding development tool and has gained traction in the “vibe coding” trend. The company has successfully raised $243 million in venture capital funding. Recently, Bloomberg reported that Windsurf is in negotiations for a potential acquisition…
Warren Buffett has announced his intention to resign as CEO of Berkshire Hathaway after 55 years, prompting an outpouring of admiration from investors and business leaders. The 94-year-old disclosed his plans during the company’s annual shareholder meeting in Omaha, Nebraska, where he received two standing ovations for his remarkable tenure as the longest-serving CEO of an S&P 500 company. In a lighthearted remark before leaving the stage, Buffett shared, “The enthusiasm shown by this response can be interpreted in two ways.” He plans to officially step down at the end of 2025 and has recommended that Greg Abel, currently a…
For the first time in 20 years, Subway’s number of locations in the U.S. has fallen below 20,000, as shown in freshly released franchise disclosure documents. In 2024 alone, the chain closed 631 restaurants, bringing the total to 19,502 stores nationwide. Despite this decline, Subway remains the largest restaurant chain in the U.S. by unit count. Although the company did not respond to inquiries from Business Insider, it stated to CNN that it is examining its U.S. footprint using a “strategic, data-driven approach” to ensure its restaurants are well-positioned and effectively managed. Subway is both opening new locations and closing…
Apple’s Q2 earnings report, released on Thursday, showed mixed results, leading to a drop of over 3% in its after-hours stock trading. During the call with analysts and investors, the company discussed critical issues such as tariffs, consumer behavior, and ongoing legal challenges. Key Takeaways from the Earnings Call 1. Potential $900M Tariff Impact Apple highlighted the anticipated effect of upcoming tariffs from the Trump administration, estimating a $900 million cost increase for the June quarter. CEO Tim Cook cautioned that this figure shouldn’t be projected onto future quarters due to unique variables affecting the current period. While he didn’t…
President Donald Trump took aim at Federal Reserve Chair Jerome Powell on Wednesday, expressing his feelings during a speech at the White House. “Mortgage rates are actually down slightly, even though I have a guy in the Fed that I’m not a huge fan of. But that’s all right, these are minor details. Don’t tell him I said that, please,” Trump remarked. Speaking to business leaders, he expressed gratitude for their investments in U.S. manufacturing. Trump reiterated his ongoing criticisms of Powell, particularly focusing on Powell’s reluctance to lower interest rates. “He should reduce the interest rates. I think I…
President Donald Trump stated that voters should have anticipated his implementation of reciprocal tariffs when they supported him in last year’s presidential election. During a recent ABC News interview, he remarked, “Well, they did sign up for it, actually. And this is what I campaigned on.” Trump expressed his views on the tariffs, saying, “We’ve been abused by other countries at levels that nobody’s ever seen before.” On April 2, he announced extensive tariffs affecting over 180 countries, with a 10% baseline rate effective April 5. A higher set of tariffs, varying by country, began on April 9, although he…
President Donald Trump shared a key takeaway from his administration regarding the recent “Signalgate” incident. In an interview with The Atlantic, he remarked, “I think we learned: Maybe don’t use Signal, okay?” This statement refers to the messaging application that became part of a security breach discussion. Trump advised, “If you want to know the truth, I would frankly tell these people not to use Signal, although it’s been used by a lot of people. But, whatever it is, I wouldn’t want to use it.” Recently, The Atlantic’s editor-in-chief, Jeffrey Goldberg, revealed that he was accidentally added to a Signal…
Russia’s kill chain—the process from identifying a target to launching an attack—has significantly improved since the war in Ukraine began. Federico Borsari, a resident fellow at the Center for European Policy Analysis, noted that “the Russians are adapting, and this is certainly something NATO is observing.” Russia is also surpassing the West in artillery production, which poses a challenge for NATO in terms of countering an adversary with greater firepower and advanced reconnaissance drones. Initially, Russia struggled with delayed responses; the time between target acquisition and attack was often too long—hours for artillery and mortars, and even longer for cruise…