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    979 posts
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    Amazon set to pass Walmart in revenue for first time

    • February 6, 2025
    Amazon long ago passed Walmart in terms of market cap, but the e-commerce giant is finally poised to leapfrog its brick-and-mortar rival by another key metric: revenue. For the past dozen years, Walmart…
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    How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China

    • February 6, 2025
    China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores and manufacturing in an early repercussion of President Donald Trump’s trade…
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    U.S. lawmakers move to ban China’s DeepSeek from government devices

    • February 6, 2025
    A bipartisan congressional bill is being introduced to ban China’s DeepSeek artificial intelligence software from government devices. U.S. Reps. Darin LaHood, R-Ill., and Josh Gottheimer, D-N.J., are introducing the legislation…
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    Some tariff concessions from Canada and Mexico touted by Trump lack substance, experts say

    • February 6, 2025
    President Donald Trump and his supporters have heralded his use of tariff threats to extract concessions on drug trafficking and border security from Canada and Mexico.  Yet, experts say, some…
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    Lara Trump to host weekend show on Fox News

    • February 6, 2025
    President Donald Trump’s daughter-in-law Lara Trump will host a weekend show on Fox News, the news channel announced Wednesday. ‘My View with Lara Trump’ is expected to premiere Feb. 22…
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    Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico

    • February 6, 2025
    Chipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go into effect next month, noting that only about half of…
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    Disney tops quarterly profit estimates but starts to lose Disney+ streaming subscribers

    • February 6, 2025
    Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected streaming subscriber losses at Disney+. The company’s streaming business reported another…
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    Mattel says Barbies and Hot Wheels could soon get more expensive under Trump’s tariffs

    • February 5, 2025
    Mattel could soon raise the prices of toys such as Barbie and Hot Wheels in response to new tariffs imposed by President Donald Trump, executives said Tuesday.  The toy giant, which manufactures about 40% of…
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    USPS resumes shipments from China in abrupt about-face

    • February 5, 2025
    The U.S. Postal Service has agreed to resume accepting shipments from China, less than 12 hours after announcing it would stop doing so. ‘Effective February 5, 2025, the Postal Service…
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    Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers

    • February 5, 2025
    Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected streaming subscriber losses at Disney+. The company’s streaming business reported another…
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