Tom Jones

1 day ago | sherwood.news | Claire Yubin Oh |Tom Jones

Even with ~$6 billion tea giant Chagee now in the mix, the current landscape still seems to be deterring bigger names. Strange as the timing may seem, given the broader geopolitical picture, many Chinese companies are seeing 2025 as the year to hit the US public market. Last week, tea giant Chagee soared 21% on its Nasdaq debut to hit a $6.2 billion valuation, while a flurry of tech firms are reportedly looking to follow suit, per Bloomberg.

2 days ago | sherwood.news | Tom Jones

The US Department of Commerce yesterday announced new tariffs of up to 3,521% on solar panels and related products from Cambodia, Malaysia, Thailand, and Vietnam, as the government cracks down on allegations that companies dump cheap products in the US and that Chinese subsidies are hurting the domestic solar industry. Of course, rates vary from company to company across the Southeast Asian nations.

1 week ago | sherwood.news | Tom Jones

UnitedHealth slumped ~20% in premarket trading after posting disappointing results for the first quarter and lowering its profit forecast for the year. In its Q1 and revised outlook report this morning, the healthcare and insurance giant revealed that heightened demand for its Medicare Advantage plans — used mostly by customers over the age of 65 — was “far above” expectations, weighing more heavily than expected on the company’s earnings so far in 2025.

1 week ago | sherwood.news | Tom Jones

(Andrew Harnik/Getty Images)But Zuckerberg’s business could lose a lot more if it’s forced to sell Instagram or WhatsApp. The Federal Trade Commission’s antitrust trial against Meta is now heading into its third day, as the company’s acquisitions of Instagram and WhatsApp in 2012 and 2014, respectively, are hauled into question.

1 week ago | sherwood.news | Tom Jones |Millie Giles

86% of Americans could benefit from the college’s revised financial aid program. In the past, many prospective students who were academically gifted enough to be accepted into Harvard University were faced with one final stumper after all the entrance exams, essays, and interviews: how would they afford the ever-rising cost of attending the college itself?