Trump’s USAID staff plan paused by federal judge

Trump’s USAID staff plan paused by federal judge

A worker removes the U.S. Agency for International Development sign on their headquarters on Feb. 7, 2025 in Washington, DC. Kayla Bartkowski | Getty Images A federal judge on Friday said he would temporarily pause the Trump administration’s plan to place thousands of workers at the U.S. Agency for International Development on administrative leave. About 2,200 USAID employees…

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Tapestry (TPR) Q2 2025 earnings

Tapestry (TPR) Q2 2025 earnings

The logo of U.S. fashion brand Coach is seen in New York on Nov. 19, 2024. Charly Triballeau | AFP | Getty Images Shares of Coach parent Tapestry rose about 12% on Thursday after the company beat holiday-quarter sales expectations and boosted its full-year forecast. The fashion and accessories company said it now expects full-year…

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Shipping giant Maersk’s shares jump 10% on profit beat despite trade uncertainty

Shipping giant Maersk’s shares jump 10% on profit beat despite trade uncertainty

Maersk shares jumped more than 10% after the shipping giant posted better-than-expected fourth-quarter results on Thursday, putting shares on course for their best daily performance since 2016. Earnings before interest, depreciation, taxes and amortization (EBITDA) rose 26% to $12.13 billion in the full-year stretch and came in at $3.6 billion in the fourth quarter, exceeding…

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