Some Walmart garment orders from Bangladesh on hold due to U.S. tariff threat
LONDON/NEW YORK, July 11 (Reuters) – Suppliers to Walmart WMT.N have delayed or put on hold some orders...
Category: Investing
Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker
What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK Kellogg Co., the...
Trump’s tariffs on Brazil could make your coffee even more expensive
President Donald Trump’s proposed 50% tariff on Brazilian imports is bad news for coffee drinkers. Brazil, the largest...
Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases
Amazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid...
Waymo offers teen accounts for driverless rides
Waymo announced Tuesday that it is offering accounts for teens ages 14 to 17, starting in Phoenix. The...
Boeing delivers most airplanes since late 2023 after ramping up 737 Max output
Boeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise...
Is a Chinese chain’s blood orange cold brew the future of coffee in America?
Chinese chain Luckin Coffee opened its first two U.S. locations this week, betting that mobile-only ordering and creative...
Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty
In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation,...
Microsoft laying off about 9,000 employees in latest round of cuts
Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4%...
Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands
Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and...