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Categories Business

Macy’s CEO says retailer will hike some prices as tariffs cut into profits

May 28, 2025

Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said

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Categories Business

Why Trump’s iPhone tariff threat might not be enough to bring production to the U.S.

May 25, 2025

The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone. Last

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Categories Business

Trump clears Nippon merger with U.S. Steel

May 24, 2025

President Donald Trump on Friday cleared the merger of U.S. Steel and Nippon Steel, after the Japanese steelmaker’s previous bid to acquire

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Categories Business

United Airlines reaches ‘industry-leading’ labor deal with flight attendants, union says

May 24, 2025

United Airlines reached an “industry-leading” tentative labor deal for its 28,000 flight attendants, their union said Friday. The deal includes “40% of total

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Categories Business

FTC drops Biden-era suit accusing Pepsi of price discrimination

May 23, 2025

The Federal Trade Commission voted to dismiss a lawsuit filed in the last days of the Biden administration that accused PepsiCo of

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Categories Business

Burger King targets families through movie partnerships in latest stage of turnaround

May 22, 2025

As Burger King enters the next phase of its turnaround efforts, the fast-food chain is trying to lure families back to its restaurants

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Categories Business

Armenian organized crime rings charged with stealing $83 million in Amazon cargo

May 22, 2025

Department of Justice officials on Tuesday charged members or associates of an Armenian organized crime ring with stealing more than $83 million worth of

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Categories Business

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 Business

How UnitedHealthcare became the face of America’s health insurance frustrations

May 22, 2025

It took six months, countless hours on hold and intervention from state regulators before Sue Cover says she finally resolved an over

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Categories Business

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

May 21, 2025

Sports giant Fanatics is pitting fans against greats Tom Brady, Kevin Durant and Alex Rodriguez at an upcoming marketing event. The company announced

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