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    Economy

    167 posts
    • Economy

    Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump

    • May 22, 2025
    • admin
    Raising prices on consumers to cover the costs of President Donald Trump’s tariffs will be Target’s ‘very last resort,’ CEO Brian Cornell said Wednesday. The remarks came as Target reported…
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    • Economy

    A man once sued by the SEC wins Trump crypto contest to have dinner with the president

    • May 22, 2025
    • admin
    We now know who won the contest to attend an intimate dinner with President Donald Trump by buying his cryptocurrency — and he’s a familiar face to Securities and Exchange Commission…
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    • Economy

    Fanatics will host a skills challenge between fans and celebrities, with $2 million on the line

    • May 22, 2025
    • admin
    Sports giant Fanatics is pitting fans against greats Tom Brady, Kevin Durant and Alex Rodriguez at an upcoming marketing event. The company announced Tuesday it is introducing a skills-based competition…
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    • Economy

    Levi Strauss to sell Dockers to brand management firm Authentic Brands Group

    • May 21, 2025
    • admin
    Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million, the companies announced Tuesday.  Under the terms of the deal, Authentic will own Dockers’…
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    • Economy

    Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion

    • May 21, 2025
    • admin
    BEIJING — One Chinese baby products company announced Tuesday it is officially entering the United States, the world’s largest consumer market — regardless of the trade war. Shanghai-based Bc Babycare…
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    • Economy

    Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

    • May 17, 2025
    • admin
    The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with the matter said, a tentative agreement that would…
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    • Economy

    Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth

    • May 17, 2025
    • admin
    Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have cut back on dining. The Mediterranean chain said…
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    • Economy

    Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation

    • May 17, 2025
    • admin
    Nvidia said it won’t be sending graphics processing unit plans to China following a report that the artificial intelligence chipmaker is working on a research and development center in Shanghai in light of…
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    • Economy

    Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion

    • May 16, 2025
    • admin
    Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders…
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    • Economy

    YouTube will stream NFL Week 1 game in Brazil for free

    • May 16, 2025
    • admin
    YouTube will stream the National Football League’s Week 1 game on Sept. 5 for free, the first time the dominant streaming platform has ever broadcast a live NFL game in its…
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