Industry

Ford Struggles With $2.5B Tariff Costs, Pulls Guidance After $1.5B

Ford Struggles With $2.5B Tariff Costs, Pulls Guidance After $1.5B Profit Impact

Ford suspends 2025 guidance after Trump-era tariffs add $2.5B in costs and cut $1.5B from profits.


Walmart Announces 650 Store Upgrades for 2025, Adding Jobs and Cleaner Tech

Walmart to upgrade 650+ stores in 2025 with cleaner tech, job growth, and improved shopping experience.

Adidas Signals Across-the-Board US Price Hikes Over Global Trade Uncertainty

Adidas announces U.S. price hikes due to tariffs amid global trade uncertainty, impacting future sales outlook.

Amazon Launches Internet Satellites in High-Stakes Space Race with SpaceX

Amazon launches 27 satellites for its Project Kuiper, entering the space race to compete with SpaceX's Starlink in providing global internet coverage.


Latest News

Martinelli’s Apple Juice Recall Expands Across US Due to Potential
Martinelli's recalls over 170,000 apple juice bottles in 28 states due to potential patulin contamination risk.
Germany’s Merck KGaA to Acquire US Biotech Firm SpringWorks for
Merck KGaA to acquire U.S. biotech firm SpringWorks for $3.9 billion to expand its cancer and rare disease drug portfolio.
IBM Commits $150 Billion to Boost US Innovation Over Five
IBM commits $150 billion to boost U.S. tech and manufacturing, focusing on quantum computing over the next five years.
Intel Braces for Workforce Reductions as Losses Mount to $821
Intel announces job cuts and office changes after reporting a $821 million loss in Q1 2025.
Toyota Explores Investment as $42 Billion Buyout of Supplier Takes
Toyota considers investing in a $42 billion buyout of supplier Toyota Industries amid governance reform pressures.
Grain Millers Recalls 63,000 Pounds of Oats Due to Plastic
Grain Millers recalled 63,000 pounds of oats due to plastic contamination risk, according to the FDA.
DOGE's Cost-Cutting Efforts Could Cost US Taxpayers Big Time: Report
DOGE's cost-cutting efforts under Elon Musk may end up costing U.S. taxpayers billions, experts warn.
EV Industry Faces Uncertain Future With Tariffs; Tesla, Volkswagen May
Tariffs threaten the EV industry's growth, but Tesla and Volkswagen may gain an advantage with more American-made vehicles.
Shein, Temu Start Raising Prices as US Ends ‘De Minimis’
Shein and Temu raise prices as the U.S. ends a key tariff loophole for low-cost imports.
Trump Orders Fast-Track for US Deep-Sea Mining to Compete with
Trump signs executive order to fast-track U.S. deep-sea mining, aiming to compete with China's control of critical minerals.
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