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Business news

Nvidia results spark global chip rally

Nvidia shares jumped on Thursday after posting a positive set of earnings, sparking a rally in global semiconductor stocks. Shares of Nvidia were...

Business news

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

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 it...

Business news

Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming

Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect. The...

Business news

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

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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FTC drops Biden-era suit accusing Pepsi of price discrimination

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

Business news

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

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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Trump clears Nippon merger with U.S. Steel

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

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

It took six months, countless hours on hold and intervention from state regulators before Sue Cover says she finally resolved an over $1,000...

Business news

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 Brian Cornell said...

Business news

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 worth of cargo...