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

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

Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly…
June 2, 2025
U.S. foreign tax bill sends jitters across Wall Street
Posted inEconomy

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

While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his…
June 2, 2025
Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products
Posted inEconomy

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

Amazon’s devices unit has a new team tasked with inventing “breakthrough” consumer products that’s being…
June 2, 2025
Nvidia results spark global chip rally
Posted inEconomy

Nvidia results spark global chip rally

Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally…
June 2, 2025
United Airlines reaches ‘industry-leading’ labor deal with flight attendants, union says
Posted inEconomy

United Airlines reaches ‘industry-leading’ labor deal with flight attendants, union says

United Airlines reached an “industry-leading” tentative labor deal for its 28,000 flight attendants, their union…
May 24, 2025
FTC drops Biden-era suit accusing Pepsi of price discrimination
Posted inEconomy

FTC drops Biden-era suit accusing Pepsi of price discrimination

The Federal Trade Commission voted to dismiss a lawsuit filed in the last days of…
May 24, 2025
Trump clears Nippon merger with U.S. Steel
Posted inEconomy

Trump clears Nippon merger with U.S. Steel

President Donald Trump on Friday cleared the merger of U.S. Steel and Nippon Steel, after…
May 24, 2025
Armenian organized crime rings charged with stealing $83 million in Amazon cargo
Posted inEconomy

Armenian organized crime rings charged with stealing $83 million in Amazon cargo

Department of Justice officials on Tuesday charged members or associates of an Armenian organized crime ring with…
May 23, 2025
How UnitedHealthcare became the face of America’s health insurance frustrations
Posted inEconomy

How UnitedHealthcare became the face of America’s health insurance frustrations

It took six months, countless hours on hold and intervention from state regulators before Sue…
May 23, 2025
Burger King targets families through movie partnerships in latest stage of turnaround
Posted inEconomy

Burger King targets families through movie partnerships in latest stage of turnaround

As Burger King enters the next phase of its turnaround efforts, the fast-food chain is trying…
May 23, 2025

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