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Trump administration has paid $20bn in tariff refunds, with at least $65bn more to come
Refunds came after the supreme court ruled Trump overstepped his authority in enacting sweeping tariffsUS importers are expected to receive $85bn in tariff refunds after the supreme court struck down Donald Trump’s tariffs in February, according to US Customs and Border Protection (CBP), the agency that collects tariffs.Importers and shippers have so far been refunded $20bn, according to court documents filed on Tuesday, with about $65bn more on the way. Continue reading...
Oil Firms Return Profits As Dividends That Fund Roads, Highways: Sources
Roughly half the profit that oil firms make each year are returned to the centre as as dividend, with corporate tax on top. It funds roads, highways, railways, metros and the broader public investment programme, sources have said
Rubio's India Visit Seals Landmark Deals On Critical Minerals, Energy And Tech
The announcement was further reinforced at the multilateral level, where the Quad - comprising the United States, India, Japan, and Australia - unveiled its own Critical Minerals Framework on the sidelines of the New Delhi meeting.
H.B. Fuller Has Great Assets For Potential Buyers: Chadwick
Jim Chadwick, president of Ancora Alternatives, joins Dani Burger on "Bloomberg Deals." Activist investor Ancora is pushing US adhesives maker H.B. Fuller to abandon a proposed takeover of UK-based Advanced Medical Solutions Group. (Source: Bloomberg)
Uber Proposes Delivery Hero Takeover at $11.6B Valuation
Bloomberg's Natalie Lung joins Dani Burger on "Bloomberg Deals." Uber has offered to take over Delivery Hero in a deal that would value the German delivery company at about $11.6 billion as it seeks to ramp up competition with DoorDash outside the US. (Source: Bloomberg)
Lilly Goes on $20B Buying Spree as It Seeks Next Act
Bloomberg's Michelle Davis joins Dani Burger on "Bloomberg Deals." Eli Lilly is on a record spending spree, announcing acquisitions worth more than $20 billion so far in 2026 as the drugmaker expands beyond its blockbuster obesity franchise. (Source: Bloomberg)
Dimon ‘On the Lookout’ for JPMorgan’s Next Big Deal
Bloomberg Intelligence's Herman Chan joins Dani Burger on "Bloomberg Deals." JPMorgan Chase CEO Jamie Dimon says, “there might be, in the next couple years, a chance to put $10 billion to $20 billion to work buying something,” adding that JPMorgan is “on the lookout” for a deal. (Source: Bloomberg)
Lululemon Founder Chip Wilson Wins Two Board Seats To End Bitter Proxy Battle
BreakingBusinessRetailLululemon Founder Chip Wilson Wins Two Board Seats To End Bitter Proxy BattleByPamela N. Danziger,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market.Follow AuthorMay 27, 2026, 02:17pm EDTToplineLululemon has reached a cooperation agreement with company founder Chip Wilson, adding two of his handpicked candidates to the company’s board, while Wilson agrees to pause his...
Universal Credit change could give families extra £3,650 a year after major rule change
A major change to Universal Credit rules could leave larger families thousands of pounds better off after Labour abolished the controversial two-child limit on benefit payments.The rule change came into force on April 6 and means families can now receive the Universal Credit child element for every child in their household, regardless of how many children they have.Previously, parents claiming Universal Credit were generally restricted to receiving the child element for only their first two chil...
Yieldmo Appoints Anthony Flaccavento as Chief Revenue Officer, Expands Executive Leadership Team
Yieldmo, a leading advertising platform improving digital ad experiences through creative tech and AI, today announced the appointment of Anthony Flaccavento as Chief Revenue Officer (CRO). In this role, Flaccavento will oversee all aspects of Yieldmo’s global revenue organization, including sales, account management, supply partnerships, and overall go-to-market execution. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260527112213...
80+ Chambers Of Commerce Raise Alarm On STEM Talent Exodus, R&D Funding
LeadershipCareers80+ Chambers Of Commerce Raise Alarm On STEM Talent Exodus, R&D FundingByShalin Jyotishi,Contributor.Forbes contributors publish independent expert analyses and insights. I cover the intersection of science, workforce, and industrial policyFollow AuthorMay 27, 2026, 01:59pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.The Business for Federal Research Funding Coalition, a network of Chambers of Commerce...
80+ Chambers Of Commerce Raise Alarm On STEM Talent Exodus, R&D Funding
LeadershipCareers80+ Chambers Of Commerce Raise Alarm On STEM Talent Exodus, R&D FundingByShalin Jyotishi,Contributor.Forbes contributors publish independent expert analyses and insights. I cover the intersection of science, workforce, and industrial policyFollow AuthorMay 27, 2026, 01:59pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.The Business for Federal Research Funding Coalition, a network of Chambers of Commerce...
Goldman Says Iran War Dollar Surge Weighed on Treasury Demand
A stronger dollar during the first month of the US-Iran conflict spurred foreign official institutions to sell Treasuries, according to Goldman Sachs.
Tough Outlook For New North America Trade Agreement As Deadline Nears
InnovationTransportationTough Outlook For New North America Trade Agreement As Deadline NearsByEd Garsten,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Ed Garsten is a metro Detroit-based reporter who covers autos/mobilityFollow AuthorMay 27, 2026, 01:54pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Negotiators are working to hammer out an updated trade agreement between the U...
Partial lifting of internet restrictions reveal Iranians’ anger over food inflation
As government begins restoring connection, population voices dismay over massive price increases and shortagesThe partial lifting of internet restrictions in Iran has revealed a rising tide of anger about food price inflation as ordinary Iranians voiced anger over annual price increases of 308% for vegetable oil, 190% increases for chicken, and 170% for rice.Iranian authorities on Tuesday began restoring the connection to the global internet that was severed on the first day of the US-Israeli wa...
Boeing Rises as CEO Touts 737 Output, New Jet Approvals Nearing
Boeing Co.’s Chief Executive Officer gave investors an optimistic forecast for this year and beyond, as the US planemaker raises production on its workhorse 737 Max jet, nears certification on long-delayed models and expects a windfall from defense spending. The planemaker has successfully completed a so-called capstone review with the Federal Aviation Administration to further increase production of the 737 Max to 47-jet monthly output, a key step to improve profitability and generate cash, Kel...
Bengaluru techie who quit corporate job for farming killed by lightning in paddy field
A Kodagu resident, IT employee Hosoklu Roshan Balakrishna, was tragically killed by lightning while inspecting paddy fields near Mysuru. In a separate incident, Mathari Harsha, 37, from Kodagu, died of a heart attack while returning by train from a tribal conference in Delhi.
Micron Joins Trillion-Dollar Club | Open Interest 5/27/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." AI powers markets to fresh highs, with Goldman calling for even more gains. Micron joins the trillion-dollar club as the chip frenzy accelerates. Nasdaq President Nelson Griggs joins Open Interest on the battle for blockbuster listings and the SpaceX IPO. Plus, Northern Trust’ Asset Management President Michael Hunstad explains why he’s staying risk-on in the AI boom. (Source: Bloomberg)
Stock market holiday on Bakri Id: Are BSE, NSE closed for trading today?
Dalal Street participants will experience a shortened trading week as both NSE and BSE will be closed on Thursday, May 28, for Bakri Id. This holiday follows the Maharashtra Day closure and is one of 16 scheduled for 2026. Commodity markets will have a partial closure, with MCX resuming evening trade while NCDEX remains shut.
Exports Of U.S. Liquefied Natural Gas—Ten-Year Revolution Has Risks
BusinessEnergyExports Of U.S. Liquefied Natural Gas—Ten-Year Revolution Has RisksByIan Dexter Palmer, Ph.D.,Contributor.Forbes contributors publish independent expert analyses and insights. Ian writes on fossil energies, climate, and transition to renewables.Follow AuthorMay 27, 2026, 01:14pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.A liquefied natural gas tanker is moored at aN LNG berth in Kawasaki, Japan. AFP via...