Economy
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...
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A man once sued by the SEC wins Trump crypto contest to have dinner with the president
We now know who won the contest to attend an intimate dinner with President Donald Trump by buying his cryptocurrency...
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Fanatics will host a skills challenge between fans and celebrities, with $2 million on the line
Sports giant Fanatics is pitting fans against greats Tom Brady, Kevin Durant and Alex Rodriguez at an upcoming marketing event....
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Levi Strauss to sell Dockers to brand management firm Authentic Brands Group
Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million, the companies announced Tuesday. ...
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Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion
BEIJING — One Chinese baby products company announced Tuesday it is officially entering the United States, the world’s largest consumer...
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Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal
The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person...
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Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth
Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as...
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Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation
Nvidia said it won’t be sending graphics processing unit plans to China following a report that the artificial intelligence chipmaker is working on...
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Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of...
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‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots
Bombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks to...
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