US-China Trade Talks Continue in London on Second Day
The U.S. and China maintained their trade negotiations in London throughout Tuesday while officials attempted to expand the current tariff...
US Wholesale Inventories Revised Up as Firms Stockpile
The United States recorded higher wholesale inventory growth in April because businesses stockpiled prescription drugs before new tariffs took effect....
Tesla Shares Surge as Musk-Trump Tensions Ease
The market reacted positively to Elon Musk's improved relations with President Donald Trump as Tesla stock prices increased by 5%...
Procter & Gamble to Cut 7,000 Jobs Amid Restructuring
Procter & Gamble announced plans to reduce its workforce by 7,000 jobs over the next two years, representing about 6%...
SEC Mulls New Rules for Foreign-Traded U.S. Firms
The U.S. Securities and Exchange Commission plans to evaluate possible modifications which would impose stricter disclosure requirements on foreign companies...
Toyota to Buy Supplier in $33 Billion Deal
Toyota Motor revealed its intention to acquire Toyota Industries through a $33 billion private deal which will eliminate complicated shareholding...
Venezuela Increases Taxes Amid Oil Revenue Decline
The Venezuelan government has started to raise taxes and public service fees for private businesses because U.S. sanctions have reduced...
E.l.f. Beauty Acquires Hailey Bieber’s Rhode Brand in $1 Billion Deal
E.l.f. The beauty company acquired Rhode through a $1 billion deal to buy the skincare brand which model and entrepreneur...
Trump’s Tariffs Face Uncertainty After Court’s Sweeping Ruling
On Wednesday a New York federal court dealt a major blow to President Donald Trump's extensive import tariffs because he...
Victoria’s Secret US Website Taken Offline Amid Security Breach
Victoria’s Secret disabled its U.S. website and stopped online customer service after a cybersecurity incident occurred according to a company...
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