Carter's will close 150 stores and cut 300 jobs by 2026 as rising tariffs drive up costs and squeeze profits.
Archives
Trump and Xi Seek to Reset US-China Trade Relations in South Korea Summit
Trump and Xi agree to lower tariffs and restart trade talks during a South Korea summit, signaling a potential reset in U.S.-China relations.
Zingerman's Candy Bars Recalled Days Before Halloween Over Life-Threatening Allergen Risk
Zingerman's Candy recalls Peanut Butter Crush and Ca$hew Cow bars just before Halloween due to undeclared peanut and cashew allergens.
New Walmart Partnership to Let Patients Buy Eli Lilly's Zepbound Without Insurance Hassles
Eli Lilly partners with Walmart to sell its weight-loss drug Zepbound nationwide, giving patients easier, insurance-free access through LillyDirect.
Universal Music Strikes Deal with AI Company Udio After Copyright Clash
Universal Music settles copyright dispute with AI startup Udio, launching a new AI-powered music platform for licensed content.
Latest News
Cameo sues OpenAI for using its brand name in Sora's "Cameo" video feature, alleging trademark infringement and consumer confusion.
UPS cuts 48,000 jobs and closes 93 facilities in a major $3.5 billion cost-saving overhaul by 2025.
Ex-UBS trader Tom Hayes sues the bank for $400M, claiming he was made the fall guy in the Libor scandal.
Paramount plans to cut about 1,000 jobs in a major corporate restructure following its merger with Skydance.
Google claims that no security breaches happened on Gmail despite a recent wave of reports claiming otherwise.
Buy with PayPal is coming to ChatGPT thanks to a new partnership, and it will allow users to shop directly on the platform.
In the fast-paced world of business, mergers and acquisitions (M&A) have become a common strategy for growth and expansion. However, the integration process following an acquisition can often be a major stumbling block, leading to operational slowdowns and missed opportunities. Enter Gotara.
Disney channels, including ESPN and ABC, may vanish from YouTube TV by Thursday night if a new carriage deal isn't reached.
China's C919 jet faces delivery delays due to U.S. export restrictions and ongoing trade tensions.
