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    Some tariff concessions from Canada and Mexico touted by Trump lack substance, experts say

    by admin February 7, 2025
    February 7, 2025

    President Donald Trump and his supporters have heralded his use of tariff threats to extract concessions on drug trafficking and border security from…

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  • Business

    U.S. lawmakers move to ban China’s DeepSeek from government devices

    by admin February 7, 2025
    February 7, 2025

    A bipartisan congressional bill is being introduced to ban China’s DeepSeek artificial intelligence software from government devices. U.S. Reps. Darin LaHood, R-Ill., and…

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  • Business

    How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China

    by admin February 7, 2025
    February 7, 2025

    China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores and manufacturing in…

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  • Business

    All Quiksilver, Billabong and Volcom stores to close in U.S.

    by admin February 7, 2025
    February 7, 2025

    All Quiksilver, Billabong and Volcom stores in the United States will close after their operator filed for bankruptcy protection.  Altogether over 100 stores…

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  • Business

    GM cuts 50% of Cruise staff after ending robotaxi business

    by admin February 6, 2025
    February 6, 2025

    General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM…

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  • Business

    Fox reveals plans to launch subscription streaming service this year

    by admin February 6, 2025
    February 6, 2025

    Fox Corp. is finally getting into the direct-to-consumer streaming game. The company known for its news and sports TV content said Tuesday it’s…

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  • Business

    Mattel says Barbies and Hot Wheels could soon get more expensive under Trump’s tariffs

    by admin February 6, 2025
    February 6, 2025

    Mattel could soon raise the prices of toys such as Barbie and Hot Wheels in response to new tariffs imposed by President Donald Trump, executives said Tuesday.  The…

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  • Business

    Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet

    by admin February 6, 2025
    February 6, 2025

    Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut flight…

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  • Business

    Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers

    by admin February 6, 2025
    February 6, 2025

    Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected streaming subscriber losses at…

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  • Business

    USPS resumes shipments from China in abrupt about-face

    by admin February 6, 2025
    February 6, 2025

    The U.S. Postal Service has agreed to resume accepting shipments from China, less than 12 hours after announcing it would stop doing so.…

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