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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Stock
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Amazon long ago passed Walmart in terms of market cap, but the e-commerce giant is finally poised to leapfrog its brick-and-mortar rival by another key metric:…
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Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico
Chipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go into effect next…
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Disney tops quarterly profit estimates but starts to lose Disney+ streaming subscribers
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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Mattel says Barbies and Hot Wheels could soon get more expensive under Trump’s tariffs
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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Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet
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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Editor's PickStock
Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers
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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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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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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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…