Tariff Tsunami: Apple’s Cumulative Costs Surge Past $3.3 Billion, Pressuring Profit Margins

October 31, 2025 – During Apple’s fiscal Q4 2025 earnings call (ending September 27), CEO Tim Cook revealed that tariff-related costs had reached approximately $1.1 billion for the quarter spanning July to September. This figure aligned closely with the company’s prior projections, marking a significant drag on profitability amid ongoing global trade tensions. The financial…

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US Wraps Up Probe into Cruise Self-Driving Car Safety for Pedestrians

January 17, 2025 – The U.S. auto safety regulator announced on Wednesday local time that it has concluded its investigation into whether Cruise, the autonomous driving subsidiary of General Motors, had taken adequate measures to ensure pedestrian safety. The National Highway Traffic Safety Administration (NHTSA) launched the probe in October 2023, citing five incidents where…

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