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    Economy

    73 posts
    • Economy

    Trump’s massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair

    • April 3, 2025
    • admin
    Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of China. For years, China’s southern neighbor became a…
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    Boeing says it’s progressing on safety reforms and working with DOJ on revised plea deal

    • April 3, 2025
    • admin
    WASHINGTON — Boeing CEO Kelly Ortberg told senators on Wednesday that he’s happy with the company’s progress improving manufacturing and safety practices following several accidents, including a near catastrophe last year. Ortberg faced questioning from the…
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    • Economy

    AMC bets on premium screens as Hollywood slate boasts big blockbuster titles

    • April 2, 2025
    • admin
    Hollywood’s blockbuster slate is heating up, and AMC Entertainment is increasing the number of its premium screens to meet demand. The world’s largest cinema chain is adding 40 Dolby Cinema theaters to its U.S.-based AMC locations…
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    Meta’s head of AI research announces departure

    • April 2, 2025
    • admin
    Meta’s head of artificial intelligence research announced Tuesday that she will be leaving the company.  Joelle Pineau, the company’s vice president of AI research, announced her departure in a LinkedIn post, saying…
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    Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout

    • April 2, 2025
    • admin
    Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group backed…
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    Elon Musk says backlash against his DOGE government cuts is hurting Tesla stock

    • April 2, 2025
    • admin
    Tesla CEO Elon Musk said Sunday that his involvement in the Trump administration could be hurting the automaker’s stock price. Speaking at a town hall event in Wisconsin, Musk said his…
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    • Economy

    Amazon’s Nova AI agent launch puts it up against rivals OpenAI, Anthropic

    • April 1, 2025
    • admin
    Amazon on Monday released a new AI model that can take actions in a web browser on a user’s behalf, a move that puts it in more direct competition with OpenAI, Anthropic and…
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    • Economy

    Trump commutes sentence of Ozy Media founder Carlos Watson

    • March 30, 2025
    • admin
    President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due to begin serving a 116-month prison term for a multi-million-dollar scheme that included falsely claiming…
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    Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending

    • March 29, 2025
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    Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call, CEO Calvin McDonald said the athleticwear company conducted…
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    Trump signs executive order to end collective bargaining at agencies involved with national security

    • March 29, 2025
    • admin
    President Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with national security missions across the federal government, citing authority granted him under a 1978 law.…
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