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Categories Economy

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

May 22, 2025

Raising prices on consumers to cover the costs of President Donald Trump’s tariffs will be Target’s ‘very last resort,’ CEO Brian Cornell

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Categories Economy

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

May 22, 2025

We now know who won the contest to attend an intimate dinner with President Donald Trump by buying his cryptocurrency — and he’s

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Categories Economy

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

May 21, 2025

Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million, the companies announced Tuesday.  Under the terms

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Categories Economy

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

May 21, 2025

BEIJING — One Chinese baby products company announced Tuesday it is officially entering the United States, the world’s largest consumer market —

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Categories Economy

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

May 17, 2025

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

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Categories Economy

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

May 17, 2025

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

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Categories Economy

Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team

May 16, 2025

Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of the most-valuable

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Categories Economy

‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots

May 16, 2025

Bombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks to expand beyond

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Categories Economy

5 new Uber features you should know — including a way to avoid surge pricing

May 15, 2025

Uber is giving commuters new ways to travel and cut costs on frequent rides. The ride-hailing company on Wednesday announced a route share feature

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Categories Economy

American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory

May 15, 2025

American Eagle on Tuesday said it is writing off $75 million in spring and summer merchandise and withdrawing its full-year guidance as it

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