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Categories Economy

Target CEO to meet with Rev. Al Sharpton as civil rights groups threaten boycotts over DEI

April 18, 2025

Target CEO Brian Cornell will meet with the Rev. Al Sharpton this week in New York as the retailer faces calls for a

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Categories Economy

Temu slashes U.S. ad spending, plummets in App Store rankings after Trump China tariffs

April 17, 2025

Chinese online retailer Temu, whose “Shop like a billionaire” marketing campaign made its way to last year’s Super Bowl, has dramatically slashed its

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Categories Economy

Universal’s new Epic Universe park set to generate $2 billion for Florida in year one

April 17, 2025

Epic things are coming to Orlando. In a little more than a month, Universal will officially open the doors of its newest theme park, the

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Categories Economy

Hertz says 2024 hack exposed some customers’ driver license and credit card data

April 16, 2025

Hertz is notifying customers that a data hack late last year may have exposed their personal data. The rental-car giant said an analysis

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Categories Economy

Cash App owner Block pays $40 million in settlement over ‘serious compliance deficiencies’

April 12, 2025

New York state’s top financial regulator struck a $40 million settlement Thursday with Block Inc., the parent of Cash App, the popular

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Categories Economy

Retirees ‘stunned’ as market turmoil over tariffs shrinks their 401(k)s

April 7, 2025

Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit

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Categories Economy

Buffett denies rumors after Trump shares wild claim that investor backs president crashing market

April 6, 2025

Warren Buffett went on the record Friday to deny social media posts after President Donald Trump shared on Truth Social a fan

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Categories Economy

Boeing says it’s progressing on safety reforms and working with DOJ on revised plea deal

April 3, 2025

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

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Categories Economy

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

April 3, 2025

Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of

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Categories Economy

Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout

April 2, 2025

Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of

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