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Categories Economy

U.S. foreign tax bill sends jitters across Wall Street

May 31, 2025

While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his proposed laws could weaponize the American tax

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Categories Economy

Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

May 31, 2025

Amazon’s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being led by a former Microsoft executive who

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Categories Economy

Nvidia results spark global chip rally

May 30, 2025

Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia were

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Categories Economy

Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

May 30, 2025

Boeing’s airplane deliveries to China will resume next month after handovers were paused amid a trade war with the Trump administration, CEO

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Categories Economy

E.l.f. Beauty to acquire Hailey Bieber skin care brand Rhode in up to $1 billion deal

May 30, 2025

E.l.f. Beauty announced on Wednesday plans to acquire Hailey Bieber’s beauty brand Rhode in a deal worth up to $1 billion as

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Categories Economy

Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming

May 29, 2025

Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect. The

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Categories Economy

Macy’s CEO says retailer will hike some prices as tariffs cut into profits

May 29, 2025

Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said

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Categories Economy

23andMe to delist from Nasdaq, deregister with SEC

May 29, 2025

23andMe on Tuesday announced it will voluntarily delist from the Nasdaq and de-register with the U.S. Securities and Exchange Commission, according to

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Categories Economy

Walmart fined for shipping realistic toy guns to New York, violating state law

May 28, 2025

Walmart agreed to pay a small fine and promised to ensure its third-party resellers are unable to sell realistic looking toy guns

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Categories Economy

Why Trump’s iPhone tariff threat might not be enough to bring production to the U.S.

May 25, 2025

The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone. Last

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