Bessent suggests tariff negotiations could last into June US Secretary of Commerce Howard Lutnick (L) and…
Tag: Retail industry
China tariff live updates: Retail, tech firms pivot as recession fear weighs on markets
White House says Trump tariffs ‘delivering wins for Americans’ U.S. President Donald Trump tries to reach…
Canadians pull back on U.S. trips, threatening to widen United States’ $50 billion travel deficit
Canadians hold an “Elbows Up” protest against U.S. tariffs and other policies by U.S. President Donald…
Alibaba has staged a quiet $100 billion rally — AI and Jack Ma’s return are at the heart of it
In November 2023, Jack Ma posted an internal memo at Alibaba, urging the e-commerce giant he…
Chinese bubble tea chain Chagee files for U.S. initial public offering
Pedestrians walk past a CHAGEE store in Shanghai, China on March 14, 2025. CFOTO | Future…
Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4,…
Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps
Ulta Beauty on Thursday issued weak guidance for the year ahead as it navigates a series…
Amazon’s most powerful new Alexa features being powered by Anthropic’s AI, sources say
Amazon, the leading investor in artificial intelligence startup Anthropic, is relying on that company’s AI models…
Lowe’s beats Wall Street expectations as it starts to break out of sales slump
A Lowe’s store stands in Brooklyn on February 27, 2024 in New York City. Spencer Platt…
Tequila, mezcal are the only spirits growing in sales, but tariffs would be ‘catastrophic,’ industry group says
A seller holds up a bottle of Casamigos, tequila from Diageo, the world’s leading spirits maker,…