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Palantir’s 2,500% run has bulls scrambling to justify valuation

Palantir Technologies Inc.’s meteoric rise is pushing the company’s valuation further into record territory, forcing bullish investors to bank on increasingly robust future growth to justify its current level. Shares of the defense maker closed at another all-time high Friday, bringing gains since its 2021 debut to near 2,500%. The stock is up almost 150% … Read more

Trump hikes tariffs on India to 50%, scrambling the country’s plans to be an alternative to China

President Donald Trump signed an executive order Wednesday to place an additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%. The tariffs would go into effect 21 days after the signing of the order, meaning that both India and Russia might have time to negotiate with … Read more

Trump’s drug price ultimatum sets pharma firms scrambling

A variety of generic pills and capsules.  Nenov | Moment | Getty Images Pharmaceutical firms are scrambling to respond to a fresh ultimatum from U.S. President Donald Trump demanding “binding commitments” to lower their drug prices stateside. The White House said Thursday that President Trump had sent letters to 17 major pharmaceutical firms outlining the … Read more

Trump’s 30% tariff letter leaves EU scrambling to bring U.S. on side

US President Donald Trump walks on the South Lawn of the White House after arriving on Marine One in Washington, DC, US, on Sunday, July 13, 2025. Bonnie Cash/UPI/Bloomberg via Getty Images The European Union has been left scrambling after U.S. President Donald Trump said he would slap a 30% tariff on goods imported from … Read more

Republicans are scrambling after learning their proposed cuts to Medicaid, which would offset trillions in tax breaks, violate Senate rules

WASHINGTON (AP) — The Senate parliamentarian has advised that a Medicaid provider tax overhaul central to President Donald Trump’s tax cut and spending bill does not adhere to the chamber’s procedural rules, delivering a crucial blow as Republicans rush to finish the package this week. Guidance from the parliamentarian is rarely ignored and Republican leaders are now forced to consider difficult … Read more

A firefighter’s frustration with scrambling to fire hydrants for water sparked an idea: Meet the Heli-Hydrant

CABAZON, Calif. (AP) — Mark Whaling and a crew raced up and down a hill in a tanker truck as they battled a wildfire in Los Angeles County, scrambling to get water from a street hydrant in time to stay ahead of flames moving up a ridge. A helicopter flew in to drop water, but … Read more

How China’s exporters are scrambling to mitigate the impact of punishing U.S. tariffs

Machinery and vehicles ready for shipment at the dock of the Oriental Port Branch of Lianyungang Port in China, on Sept. 27, 2024. Costfoto | Nurphoto | Getty Images BEIJING — U.S. has raised tariffs on Chinese imports to triple digits. For China’s exporters, it means raising prices for Americans while accelerating plans to diversify … Read more

The Chaos of NIH Cuts Has Left Early-Career Scientists Scrambling

“If we went on business-as-usual and admitted a normal class size, then we’d have students we couldn’t support in the program,” says Kimberly Cooper, a developmental biologist at UCSD and associate director of the biology PhD program. One of her undergraduate mentees wasn’t admitted to any graduate programs this year. That mentee hopes to become … Read more

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