Germany's Got a Problem, and It's More Than Donald Trump
By and Marilen Martin
As Donald Trump pushes ahead with his campaign to transform the way the world does business, Germany is uniquely vulnerable.
Trump has harbored a grudge against Germany since his first term in office and the country's auto and steel industries are particularly exposed to his tariffs.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
26 minutes ago
- Yahoo
Why EchoStar Bounced Back Today
EchoStar issued a press release touting its new 5G-enabled tablet. The FCC recently threatened EchoStar's spectrum holdings, alleging it hadn't been building its 5G network fast enough. Elon Musk's public spat with Donald Trump may also, believe it or not, account for the rise, since Musk's SpaceX wants EchoStar's spectrum. 10 stocks we like better than EchoStar › EchoStar (NASDAQ: SATS) shares were bouncing back today, up 10% as of 2 p.m. ET. EchoStar's shares have been under severe pressure since the beginning of the year, but especially in the past week. That's because management decided to not make two separate interest payments on its debt, as it awaits a decision from the FCC regarding its spectrum. Management has a 30-day grace period to do so before the company is technically in default. The spectrum debate has to do with the pace of EchoStar's 5G rollout, and is also indirectly linked up with Elon Musk's SpaceX. Back in May, the new Trump-appointed FCC director sent a letter to EchoStar, stating that the extension it was granted to complete its 5G network buildout by the prior administration was under review. EchoStar had purchased valuable spectrum years ago, on the terms that it would build a 5G network to increase competition in the industry. However, EchoStar's buildout has been slow, which is perhaps not surprising, given its declining legacy business in satellite TV. In an interesting wrinkle, Musk's SpaceX had led a campaign to win more satellite spectrum for its own services, including the spectrum held by EchoStar. That may have played a part in the FCC's initiation of a review, given Musk's ties to the Trump administration. However, late yesterday, EchoStar issued a press release introducing its new Boost Mobile Celero tablet, the Celero5G TAB, a low-cost tablet that takes advantage of EchoStar's 5G network. While normally not that significant, the announcement of a new 5G product could go a ways toward making EchoStar's case to the FCC that it deserves to keep its spectrum. Furthermore, it appears Musk's relationship with the Trump administration is now on the outs, given Musk's storm of posts today criticizing the administration and Republicans in Congress for the deficit expansion in the "Big, Beautiful Bill" making its way through Congress. If Musk and Trump have a falling out, then the FCC may not aggressively pursue EchoStar's spectrum on behalf of SpaceX, if SpaceX's campaign was in fact a motivating factor in initiating the review. EchoStar's stock has been punished severely, so it could make for a turnaround play if in fact it's able to deploy 5G to more areas and grow its low-cost Boost Mobile offerings. However, its high debt, declining legacy satellite TV business, and unresolved battle with the FCC remain big risks. Betting on a big recovery is a highly risky proposition, and only appropriate for speculators at this point. Before you buy stock in EchoStar, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and EchoStar wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor's total average return is 789% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Billy Duberstein and/or his clients have no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why EchoStar Bounced Back Today was originally published by The Motley Fool
CNN
29 minutes ago
- CNN
Officers throw flash bangs to disperse crowd protesting immigration enforcement in Los Angeles
Federal immigration authorities carried out enforcement activities at businesses across Los Angeles on Friday, prompting clashes outside at least one location as authorities threw flash bangs to try to disperse a crowd that had gathered in protest. Immigration advocates confirmed at least 45 people were arrested without warrants across seven locations, including two Home Depots, a store in the fashion district and a doughnut shop, said Angelica Salas, executive director for the Coalition of Humane Immigrant Rights, or CHIRLA, at an afternoon press conference denouncing the activity. Federal immigration authorities have been ramping up arrests across the country to fulfill President Donald Trump's promise of mass deportations. Todd Lyons, the head of US Immigration and Customs Enforcement, defended his tactics earlier this week against criticism that authorities are being too heavy-handed. He has said ICE is averaging about 1,600 arrests per day and that the agency has arrested 'dangerous criminals.' Protests recently broke out after an immigration action at a restaurant in San Diego and in Minneapolis when federal officials in tactical gear showed up in a Latino neighborhood for an operation they said was about a criminal case, not immigration. In Los Angeles, Mayor Karen Bass said the activity was meant to 'sow terror.' 'As Mayor of a proud city of immigrants, who contribute to our city in so many ways, I am deeply angered by what has taken place. These tactics sow terror in our communities and disrupt basic principles of safety in our city,' Bass said. Salas, of CHIRLA, echoed that language. 'Our community is under attack and is being terrorized. These are workers, these are fathers, these are mothers, and this has to stop. Immigration enforcement that is terrorizing our families throughout this country and picking up our people that we love must stop now,' Salas said, surrounded by a crowd holding signs protesting Immigration and Customs Enforcement. ICE declined to discuss the details of its operations. The agency said it routinely makes arrests of noncitizens 'who commit crimes and other individuals who have violated our nation's immigration laws,' said an emailed statement from an unnamed spokesperson. Yasmeen Pitts O'Keefe, a spokesperson for Homeland Security Investigations, a branch of ICE, told the Los Angeles Times that federal agents were executing search warrants related to the harboring of people illegally in the country. In Los Angeles, videos from bystanders and television news crews captured people being walked across a Home Depot parking lot by federal agents as well as clashes that broke out at other detention sites. KTLA showed aerial footage of agents outside a clothing store in the fashion district leading detainees out of a building and toward two large white vans waiting just outside in a parking lot. The hands of the detained individuals were tied behind their backs. The agents patted them down before loading them into the vans. The agents wore vests with the agency acronyms FBI, ICE and HSI for Homeland Security Investigations. Armed agents used yellow police tape to keep crowds on the street and sidewalk away from the operations. Aerial footage of the same location broadcast by KABC-TV showed officers throwing smoke bombs or flash bangs on the street to disperse the people so they could drive away in SUVs, vans and military-style vehicles. The station showed one person running backward with their hands on the hood of a moving white SUV in an apparent attempt to block the vehicle. The person fell backward, landing flat on the ground. The SUV backed up, drove around the individual and sped off as others on the street threw objects at it. Immigrant-rights advocates used megaphones to speak to the workers, reminding them of their constitutional rights and instructing them not to sign anything or say anything to federal agents, the Los Angeles Times reported. Katia Garcia, 18, left school when she learned her father, 37-year-old Marco Garcia, may have been targeted. Katia Garcia, a US citizen, said her father is undocumented and has been in the US for 20 years. 'We never thought this would happen to us,' she told the Los Angeles Times. Eleven of the LA City Council's 15 members issued a statement accusing federal immigration agencies of 'an egregious escalation.' 'This indiscriminate targeting of children and families not only harms the individuals who are directly impacted, but destroys our communities' sense of trust and safety in their own homes,' the statement said.
Business Insider
30 minutes ago
- Business Insider
Trump signs Executive Order to ‘unleash American drone dominance'
President Donald Trump signed an Executive Order to 'ensure continued American leadership in the development, commercialization, and export of unmanned aircraft systems – otherwise known as drones,' the White House announced. 'The Order directs the Administrator of the Federal Aviation Administration to expand drone operations by enabling routine 'Beyond Visual Line of Sight' drone operations for commercial and public safety missions, and to accelerate the development, testing, and scaling of American drone technologies, including advanced air mobility and autonomous operations. The Order establishes an electric 'Vertical Takeoff and Landing' integration pilot program to accelerate the deployment of safe and lawful vertical operations in the United States, selecting at least five pilot projects to advance applications like cargo transport and medical response,' the White House stated. Companies working on drones or low-altitude urban aircraft known as eVTOLs include AeroVironment (AVAV), Joby Aviation (JOBY) and Archer Aviation (ACHR). Confident Investing Starts Here:
