Economy
Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump
Raising prices on consumers to cover the costs of President Donald Trump’s tariffs will be Target’s ‘very last resort,’ CEO...
Read more
A man once sued by the SEC wins Trump crypto contest to have dinner with the president
We now know who won the contest to attend an intimate dinner with President Donald Trump by buying his cryptocurrency...
Read more
Armenian organized crime rings charged with stealing $83 million in Amazon cargo
Department of Justice officials on Tuesday charged members or associates of an Armenian organized crime ring with stealing more than $83 million...
Read more
Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion
BEIJING — One Chinese baby products company announced Tuesday it is officially entering the United States, the world’s largest consumer...
Read more
Fanatics will host a skills challenge between fans and celebrities, with $2 million on the line
Sports giant Fanatics is pitting fans against greats Tom Brady, Kevin Durant and Alex Rodriguez at an upcoming marketing event....
Read more
Levi Strauss to sell Dockers to brand management firm Authentic Brands Group
Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million, the companies announced Tuesday. ...
Read more
Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation
Nvidia said it won’t be sending graphics processing unit plans to China following a report that the artificial intelligence chipmaker is working on...
Read more
Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal
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...
Read more
Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth
Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as...
Read more
Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of...
Read more
