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…
Posted inEconomy
E.l.f. Beauty to acquire Hailey Bieber skin care brand Rhode in up to $1 billion deal
E.l.f. Beauty announced on Wednesday plans to acquire Hailey Bieber’s beauty brand Rhode in a…
Posted inEconomy
Nvidia results spark global chip rally
Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally…
Posted inEconomy
Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says
Boeing’s airplane deliveries to China will resume next month after handovers were paused amid a…
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…
Posted inEconomy
23andMe to delist from Nasdaq, deregister with SEC
23andMe on Tuesday announced it will voluntarily delist from the Nasdaq and de-register with the…
Posted inEconomy
Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming
Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected…
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…
Posted inEconomy
Walmart fined for shipping realistic toy guns to New York, violating state law
Walmart agreed to pay a small fine and promised to ensure its third-party resellers are…
Posted inEconomy
Why Trump’s iPhone tariff threat might not be enough to bring production to the U.S.
The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down…