Connect with us

Business

Trump mulls over tariffs on foreign electronics | The Express Tribune

Published

on

Trump mulls over tariffs on foreign electronics | The Express Tribune



WASHINGTON:

The Trump administration is considering imposing tariffs on foreign electronic devices based on the number of chips in each one, according to three people familiar with the matter, as it seeks to drive companies to shift manufacturing to the United States.

According to the plan, which has not previously been reported and could change, the Commerce Department would impose a tariff equal to a percentage of the estimated value of the product’s chip content. The Commerce Department did not immediately respond to requests for comment.

“America cannot be reliant on foreign imports for the semiconductor products that are essential for our national and economic security,” White House spokesperson Kush Desai responded when asked about the details.

“The Trump administration is implementing a nuanced, multi-faceted approach to reshoring critical manufacturing back to the United States with tariffs, tax cuts, deregulation, and energy abundance.”

If implemented, the plan would show the Trump administration is seeking to hit a wide range of consumer products, from toothbrushes to laptops, potentially driving up inflation as it strives to ramp up US manufacturing.

The plan could push up the cost of consumer goods “at a time when the US has an inflationary problem, with inflation clearly above the Fed’s target and accelerating,” said Michael Strain, an economist with the conservative American Enterprise Institute. The Federal Reserve’s target inflation rate is 2%. Even domestically produced items would likely become more expensive, thanks to new tariffs on key inputs needed to make those goods, Strain added.

US President Donald Trump has deployed an array of tariffs aimed at bolstering American manufacturing. It announced on Thursday sweeping new import tariffs, including 100% duties on branded drugs and 25% levies on heavy-duty trucks.



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

A Universal-DreamWorks movie is bringing the winning formula of kids content frenzy to the big screen

Published

on

A Universal-DreamWorks movie is bringing the winning formula of kids content frenzy to the big screen


Laila Lockhart Kraner stars as Gabby in Universal and Dreamworks Animations’ “Gabby’s Dollhouse: The Movie.”

Universal | Dreamworks Animation

A young girl named Gabby, alongside her menagerie of animated cat friends, is making the leap from streaming to the big screen.

Universal and DreamWorks Animation’s “Gabby’s Dollhouse: The Movie” is the latest kid’s TV show to head to the box office, following in the footsteps of Paramount’s Paw Patrol and SpongeBob SquarePants franchises.

“We felt like the franchise had gotten to the point where there was enough fandom to justify a theatrical event, and we wanted to expand the world,” Margie Cohn, president of DreamWorks Animation, told CNBC.

Children’s programming has become an increasingly important piece of the media landscape in recent years. As linear TV has given way to streaming, studios are looking for ways to drive and sustain subscriber growth. For “Gabby’s Dollhouse,” establishing a theatrical presence increases awareness of the brand, stirs up fresh excitement from existing fans and spurs new opportunities for products in the retail market.

“Gabby’s Dollhouse,” created by “Blue’s Clues” veterans Traci Paige Johnson and Jennifer Twomey, launched on Netflix in 2021. It’s already run for 11 seasons, and a 12th is on due out in November. Each season has six to 10 episodes, about 25 minutes each.

It’s been the most-viewed streaming original series for kids this year, according to Nielsen.

Each episode begins with a live-action Gabby, played by Laila Lockhart Kraner, as she unboxes a miniature package that sparks an adventure in her magical dollhouse. She dons her cat-ear headband, shrinks down to become an animated character and joins her cat friends, called Gabby’s cats. Like a lot of preschool shows, Gabby pauses to ask the audience questions and invite them to play along.

Those elements all appear in the full-length feature film, which arrived in theaters Friday. It melds animation and live-action, but at a bigger scale.

Cohn said the goal was to create a theatrical experience, akin to a “‘Rocky Horror Picture Show’ for little kids.’ Invite them to sing, dance, clap.”

“Gabby’s Dollhouse: The Movie” debuts at a time when the movie calendar has limited family-friendly options. The most recent major releases in this genre were Disney’s “Freakier Friday” and Universal’s “The Bad Guys 2,” both of which were released in early August.

While there has been a steady stream of family-friendly fare in recent years, it comes after a considerable dry spell caused by the pandemic and dual Hollywood labor strikes shutting down production. At the same time, consumers’ habits shifted as streaming services grew in popularity and studios shortened the time it took for movies released in cinemas to reach the home market.

But younger viewers are some of the most engaged, and a primary driver to get families out to the theater.

Kids are some of the most fervent streaming users, too, as they tend to watch the same content over and over again, leading to high engagement. That’s why kid-friendly shows have offer a unique value proposition for studios even as traditional linear television and the theatrical landscape has become less reliable.

Presenting their favorite characters in more places can mean spreading the wealth and ultimately fueling their appetites for more.

“One need only look at the big screen-small screen synergies that were created by ‘KPop Demon Hunters’ to see how ‘Gabby’s Dollhouse: The Movie’ could similarly make the leap from a small screen 2021 series into a big screen cinematic event in 2025,” said Paul Dergarabedian, senior media analyst at Comscore.

Heading to the big screen

A global theatrical release not only serves the strong domestic market, but extends the reach of “Gabby’s Dollhouse” internationally. Cohn noted that Europe is one region where the show is gaining traction.

“As a relatively new franchise with notable reach into the marketing world aimed at today’s youngest generations, this is a film that should capture the interest of that audience and continue showcasing its strengths as a fresh brand,” said Shawn Robbins, director of analytics at Fandango and founder of Box Office Theory.

And it can be a relatively affordable way to extend a franchise’s reach.

“Gabby’s Dollhouse: The Movie” had a production budget of just over $30 million, a small investment for the likes of Universal and DreamWorks Animation compared to other theatrical kids films. For example, franchise films from Disney’s Pixar and Universal’s other animation arm, Illumination, can cost upwards of $200 million to create.

Still from Universal and Dreamworks Animation’s “Gabby’s Dollhouse: The Movie.”

Universal | Dreamworks Animation

“At DreamWorks, we know how to make a budget fit,” Cohn said. “We make some really big, high-budget, all-audience animated films. But then we also do smaller films like ‘Captain Underpants’ or the most recent one with ‘Dog Man.’ We know how to make high-quality movies for a lower price point.”

Paramount’s two Paw Patrol films had similarly small budgets, according to media reports. “Paw Patrol: The Movie,” released in 2021, generated $40 million domestically and more than $145 million globally, according to data from Comscore. Meanwhile, 2023’s “Paw Patrol: The Mighty Movie” collected $65 million domestically and $200 globally.

Box office analysts estimated “Gabby’s Dollhouse: The Movie” would collect between $15 million and $25 million during its opening weekend.

More than just a movie

While theatrical revenues are important, bringing “Gabby’s Dollhouse” to the big screen is part of a wider strategy. The content is part of an interconnected ecosystem that includes toys, books, merchandise and live events.

“I came from Nickelodeon,” Cohn said. “We studied the audience a lot, and we knew that they liked to watch a show, but then they wanted to play it, iterate on it, and experience the characters and ideas in their own way, in their own form. And so we developed the Gabby franchise to let them do just that.”

DreamWorks partnered with toy company Spin Master to manufacture a line of toys tied to “Gabby’s Dollhouse.” The range of products includes playsets, figures, plush toys, games and puzzles. Since launching the line, Spin Master has sold nearly 3 million dollhouses tied to the show.

Cohn said DreamWorks Animation “nurtured and brewed success” for “Gabby’s Dollhouse” with through the Spin Master partnership as well as through the production of YouTube shorts, grassroots marketing and a traveling live show presented by Walmart.

“The series just grew and grew and grew,” Cohn said. “And then it gets to a certain point you’re able to deliver on bigger strategic franchise expansion with live entertainment and shows in museums and presence in the parks and music, you know, all that comes when you have a property that kids respond to.”

“Gabby’s Dollhouse” has been a top five preschool toy property for five of the last eight quarters, according to data from Circana. It has been a top 10 property for 10 straight quarters.

In addition to toys, “Gabby’s Dollhouse” has merchandise collections with Walmart, Target and Amazon, that include apparel, home goods, games and even toothbrushes. As the film heads to theaters, audiences will be able to buy themed popcorn buckets, drink tumblers and other specialty items.

The franchise has also become part of Universal’s theme parks, with character meet-and-greets with Gabby and retail areas where guests can buy headbands, plush and apparel.

And Universal isn’t stopping there. “Gabby’s Dollhouse: The Movie” sets up a bigger future for Gabby and a potential spin-off series. As the film credits roll, Gabby puts the finishing touches on a new dollhouse — a dog dollhouse that she says her little sister will love.

When asked about what “Gabby Dollhouse” fans can expect following the reveal, Cohn teased, “You’re gonna have to wait and see.”

Disclosure: Comcast is the parent company of Fandango and NBCUniversal, which owns CNBC. Versant would become the new parent company of Fandango and CNBC upon Comcast’s planned spinoff of Versant.



Source link

Continue Reading

Business

Tata Capital IPO GMP: Rs 17,200 Crore Issue To Open On October 06; Check Details

Published

on

Tata Capital IPO GMP: Rs 17,200 Crore Issue To Open On October 06; Check Details


Last Updated:

Tata Capital IPO opens October 6, 2025, aiming for a Rs 17,200 crore issue and Rs 18 billion valuation. Price band has yet to be finalised, but GMP of unlisted shares in focus.

Tata Capital IPO to open between October 06 and October 08.

Tata Capital IPO to open between October 06 and October 08.

Tata Capital IPO GMP: Tata Capital, the non-banking financial arm of the Tata Group, is set to launch its initial public offering (IPO) on Monday, October 06, 2025. The issue size has been pegged at around $2 billion (Rs 17,200 crore), with the company eyeing a valuation of nearly $18 billion. The public issue will be closed for subscription on Wednesday, October 8, 2025.

The price band for the Tata Capital IPO hasn’t been finalized yet, but unlisted shares have begun trading in the gray market.

The proposed issue comprises a total of 47.58 crore shares, including a fresh issue of 21 crore equity shares and an offer for sale (OFS) of 26.58 crore shares.

Tata Sons, which currently holds an 88.6% stake in Tata Capital, will offload about 23 crore shares.

International Finance Corporation (IFC), which owns 1.8%, will sell 3.58 crore shares.

Proceeds from the fresh issue will be used to bolster Tata Capital’s Tier-1 capital base, helping the NBFC meet future capital requirements, including lending operations.

In August, Tata Capital launched a series of institutional roadshows to engage both global and domestic investors. The move follows the shadow bank’s filing of an updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on August 4.

Tata Capital IPO GMP

According to investorgain.com, the gray market premium for unlisted shares of Tata Capital is currently Rs 20.5. The gray market is an unauthorized market where a company’s shares trade before their listing.

The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.

This IPO comes as part of the Reserve Bank of India’s mandate, which requires all upper-layer NBFCs to be listed within three years of classification. Tata Capital was identified as an upper-layer NBFC in September 2022.

The move mirrors similar listings in the sector. HDB Financial Services went public in June 2025 with a Rs 12,500 crore issue, while Bajaj Housing Finance made a blockbuster debut in September 2024, doubling investors’ money on listing day with a 135% premium.

Tata Capital Business and Financials

Founded in 2007, Tata Capital today serves over 70 lakh customers with a wide portfolio of more than 25 lending products, catering to individuals, SMEs, entrepreneurs and corporates. Apart from lending, it also distributes third-party products like insurance and credit cards, provides wealth management services, and acts as a sponsor and investment manager for private equity funds.

For FY25, Tata Capital reported a profit after tax (PAT) of Rs 3,655 crore, compared to Rs 3,327 crore in the previous year. Its revenue jumped to Rs 28,313 crore in FY25, up from Rs 18,175 crore in FY24.

The IPO is being managed by a strong line-up of book-running lead managers, including Axis Capital, Kotak Mahindra Capital, BNP Paribas, HDFC Bank, HSBC Securities, Citigroup Global Markets, ICICI Securities, IIFL Capital, SBI Capital Markets and J P Morgan India.

Varun Yadav

Varun Yadav

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More

Click here to add News18 as your preferred news source on Google. Stay updated with all the latest business news, including market trendsstock updatestax, IPO, banking finance, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated.
News business ipo Tata Capital IPO GMP: Rs 17,200 Crore Issue To Open On October 06; Check Details
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Read More



Source link

Continue Reading

Business

‘We need to fix India’: Howard Lutnick urges New Delhi to ‘play ball’ with Trump; ‘avoid policies that harm US’ – The Times of India

Published

on

‘We need to fix India’: Howard Lutnick urges New Delhi to ‘play ball’ with Trump; ‘avoid policies that harm US’ – The Times of India


Donald Trump‘s commerce secretary, Howard Lutnick, on Sunday said India must “react correctly” to the United States, adding that “we need to fix a bunch of countries,” amid the ongoing trade tensions demanding an end to policies “harming” American interests.In an interview with News Nation, Lutnick stated that India must open its markets and avoid policies that could “harm” the US. “We have a bunch of countries to fix like Switzerland, Brazil, right? It’s got an issue. India, these are countries that need to really react correctly to America. Open their markets, stop taking actions that harm America, and that’s why we’re off sides with them,” he said.He added that while trade issues can be resolved over time, India must “play ball” with the US if it wants access to American consumers. “Those, I think, will be sorted out, but they take time. And these countries have to understand that if you want to sell to the US consumer, right? You’ve got to play ball with the president of the United States. So those are still coming. A bunch of countries left but the big ones maybe the big ones you know India we’ll sort it out over time,” Lutnick noted.He further claimed that, “2026 economy is Donald Trump’s economy.”The remarks come shortly after a high-level Indian delegation, led by commerce and industry minister Piyush Goyal, visited the United States. The delegation engaged in productive discussions aimed at strengthening bilateral trade and investment ties, the Commerce and Industry Ministry said on September 26.





Source link

Continue Reading

Trending