Business
Trump meets Scottish First Minister John Swinney to discuss whisky tariffs

First Minister John Swinney has met President Donald Trump in the Oval Office to discuss whisky tariffs.
The meeting took place in the Oval Office, where the President was accompanied by Secretary of State Marco Rubio.
Mr Swinney says he discussed the possibility for a better tariff deal for Scotch whisky.
A 50-minute meeting took place ahead of the US President’s State Visit to the United Kingdom next week.
The First Minister confirmed to Mr Trump he would attend the State Banquet at Windsor Palace.
He said: “With the US state visit to the UK just days away, we are now entering the critical days on which hopes of a better tariff deal for Scotch whisky rest. Scotch whisky holds a unique position, as it can only legally be produced in Scotland.
“During my discussions with President Trump, I made the case to reduce the tariffs on the Scotch whisky industry – something the US industry supports.
“The United States is the largest market for Scotch whisky but Scottish distillers also spend hundreds of millions of dollars every year buying Bourbon casks from Kentucky.
“The negotiations themselves are, of course, for the UK negotiating team but given whisky exports to the US were worth almost £1 billion in 2024, its importance to the Scottish economy cannot be underestimated and I am determined to do all that I can to protect and safeguard this iconic Scottish product.”
The First Minister also raised the international situation including the ongoing conflict in Gaza and Qatar.
Mr Swinney is in the United States to undertake a series of trade and political meetings involving both main US political parties.
In a video posted to X, he confirmed he had met Mr Trump and discussed whisky tariffs, in particular, the possibility of no tariffs on Scotch whisky.
He said: “I wanted to share an update on my visit to Washington, DC. I spent the morning with representatives of the whisky industry from Scotland and the United States and we discussed the zero-for-zero approach on tariffs, which would help the industry to flourish on both sides of the pond.
“I’ve now taken those arguments to the Oval Office to President Trump, and we’ve had a constructive discussion about the reasons why Scotch whisky would benefit from no tariffs.
“It’s all part of my job to make sure that Scotland’s interests are promoted at all times, and that’s what I’ll always do as First Minister.”
The meeting at the White House was scheduled to last around 30 minutes and took place at 7pm UK time.
Prior to the meeting at the White House, the First Minister met representatives and member companies of the Distilled Spirits Council of the United States (Discus) and the Scotch Whisky Association (SWA) at Mount Vernon, the home of US founding father George Washington and the site of a whisky distillery he opened in 1798 which was operated by his Scottish farm hand, James Anderson.
The First Minister flew to Washington DC on Tuesday, saying he would be “pressing the case” for a better tariff deal for Scotch whisky in key talks in the United States.
Business
AI Gold Rush Breeds Harsh 996 Work Routine In Silicon Valley

Last Updated:
Silicon Valley tech giants battle for AI dominance, offering huge pay and adopting the 9-9-6 culture in San Francisco startups.

AI Boom, Human Cost: San Francisco Startups Push 9-9-6 Work Schedule
The race for AI heats up, with tech companies in Silicon Valley pouring billions into overpowering others and grabbing the largest pie in the emerging market. Companies have reportedly begun poaching human resources by offering millions of dollars in a pay package. No one wishes to lag behind when things are high at stake. Everyone is ready to pour sweat and blood, literal and metaphorical.
At the center of this heated race, a new culture called 9-9-6 has emerged in the startups of San Francisco, USA.
What Is 9-9-6 Culture?
It means employees of these startups work from 9 in the morning to 9 in the evening, Monday through Saturday. It translates to 72 hours of work weekly, going away from 4 or 5 day work week culture being promoted across Europe, particularly Nordic countries for more leisure time.
An X handle named TBPN in the post said that they checked the receipts and found that the claims are “true” – Saturdays have become a workday. “The great lock-in is in full effect,” it added.
Many San Francisco startups claim they practice 9-9-6, so we checked the receipts.We worked with Ramp to look at the data and it’s true – Saturdays have become a workday.
The great lock-in is in full effect. pic.twitter.com/MbwAICe3Dy
— TBPN (@tbpn) September 8, 2025
AI War Among Tech Titans
Several big tech giants, including Meta, Google, Microsoft and Amazon, have poached the startup founders with a high paycheck to work with their teams building the smartest Large Language Models (LLMs) and improving the hot application-based technology. For instance, Meta shocked the tech industry when it announced to invest a $14.3 billion in data labelling startup Scale AI. As part of the agreement, Meta took a 49% stake in the company, hired its CEO Alexandr Wang to lead a new superintelligence lab and said it would deepen the work it does with Scale.
Since the inception of ChatGPT by OpenAI in late 2020, the official age of AI has begun. Two years after the trailblazing technology, there’s no official winner, but a sudden push to have everything as AI-laced.
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More
September 10, 2025, 10:22 IST
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Business
Ford rolls out new ad campaign amid industry-wide uncertainty

Ford on Wednesday rolled out a new advertising campaign that the company said will mark a “fundamental shift” in its branding strategy — and comes as the auto industry deals with major uncertainty.
The automaker’s new strategy, titled “Ready, Set, Ford,” goes beyond vehicle-first advertising, Ford said, and instead focuses on the people who buy its cars. It involves four fundamental promises: capability, passion, community and trust.
The auto industry is facing a crucial crossroads as companies deal with President Donald Trump‘s tariffs and an overall consumer pullback in spending. Despite uncertainty with various sectoral tariffs, Trump’s auto tariffs have remained more or less unchanged, with a 25% tariff charge on imported cars and auto parts.
That timing, Ford Chief Marketing Officer Lisa Materazzo said, is intentional.
“The auto industry is in the midst of historic disruption. We are fortunate in the sense that Ford has an incredible 122-year history to leverage,” she said. “So because of that, we felt like there’s no better time to double down on our commitment to our brand and our consumers than now.”
Materazzo said the company engaged in extensive research ahead of the rollout, finding a common theme of uncertainty and anxiety from consumers due to a range of factors, including the political climate and the economy.
“The other thing we found is that consumers are surprisingly optimistic and resilient, especially when they feel empowered, and they’re seeking brands that help them navigate this uncertainty,” she said.
Ford has long championed its American roots and declared it’s the “most American automaker.” That identity is now crucial to the automaker’s brand, Materazzo said, and builds on its “America for America” campaign that offered employee pricing to all consumers shortly after tariffs were initially announced.
The new strategy aims to leverage Ford’s iconic brand while simultaneously signaling that the car company is entering a new era, Materazzo said. It will unify all of Ford’s global brands for the first time in decades under the new campaign, allowing the company to “represent ourselves very consistently around the globe,” she added.
“By Q1 of 2026, all of our global markets will be in market with ‘Ready, Set, Ford,'” Materazzo said. “The majority of them will do that by Q4 of this year.”
The first rollout of the ad is kicking off in conjunction with this week’s Thursday Night Football game, as the automaker aligns itself with the NFL season, one of the largest moneymakers for advertisements leading up to the Super Bowl.
During the Covid pandemic, the auto industry pulled back significantly on advertising and marketing budgets as it dealt with supply chain issues left companies without enough vehicles to sell. Many automakers returned to advertising during the NFL season last year as vehicle inventory levels returned to more normal levels.
Even as the macroenvironment signals uncertainty, Materazzo said the company is focused on continuing to deliver on its legacy and invest in its brand.
“The industry is in the middle of a transition right now. I don’t think all brands will survive, but I think those that not just survive, but thrive, will be the ones who recognize that one of their most valuable assets is their brand,” she said. “And if you don’t invest in your brand, you’re really disadvantaging your business for the long term.”
Business
Donald Trump’s tariff battle: US Supreme Court fast-tracks review; presidential power limits questioned – The Times of India

The Supreme Court on Tuesday agreed to take up a fast-track review of the Trump administration’s sweeping global tariffs, setting a November hearing that could decide the fate of one of US President Donald Trump’s most significant economic policies. The justices approved an unusually brisk schedule after a federal appeals court last month struck down much of the program, ruling in a 7-4 decision that Trump unlawfully invoked the International Emergency Economic Powers Act (IEEPA) to impose steep import taxes on major US trading partners. The tariffs, however, will remain in effect during the litigation. Five small businesses and a dozen states had challenged the duties, arguing that Congress — not the president — holds the power to levy taxes. “Congress, not the President alone, has the power to impose tariffs,” said Jeffrey Schwab of the Liberty Justice Center, representing affected enterprises that warn of near-bankruptcy under the duties. The administration countered that the 1977 emergency law gives the president broad authority to regulate imports when national security or the economy is threatened. Solicitor General D. John Sauer warned that the appeals court ruling “casts a pall of uncertainty upon ongoing foreign negotiations that the president has been pursuing through tariffs … jeopardizing both already negotiated framework deals and ongoing negotiations,” as quoted by NYT. The stakes are high: Trump has used tariffs both as leverage in trade talks and as a revenue source, with collections reaching £159 billion by late August — more than double last year’s figure. Officials also cautioned that overturning the tariffs could force the Treasury to refund billions, potentially affecting resources earmarked for fentanyl control and support for Ukraine in its war with Russia. The case marks the first time the Supreme Court will hear full arguments on Trump’s expansive use of emergency powers, after previously granting temporary approvals for other policies. With a conservative majority that includes three Trump appointees, the court will now weigh whether presidential authority under IEEPA extends to such far-reaching trade actions — or whether Congress must reclaim the power to tax.
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