GM halts BrightDrop van production in Ontario, leading to mass layoffs and a major plant retooling amid slow EV sales.
Industry
These Companies Have Pulled Out Products from the US Due to Trump's Tariffs
Major companies are pulling forecasts and scaling back in the US due to rising tariffs, signaling economic uncertainty and potential price hikes for consumers.
DOJ vs. Google: 5 Key Takeaways That Could Change Online Search
The DOJ's ruling against Google could transform online search, creating new opportunities for competitors and raising privacy concerns.
Starbucks Updates Employee Dress Code to Revive Brand Identity
Starbucks updates employee dress code to spotlight its green apron and boost brand identity starting May 12
Google Hit with Cease-and-Desist by Japan Over Android Search Practices
Japan orders Google to stop forcing Android phone makers to preinstall its apps, citing anti-monopoly law violations.
Latest News
China raises tariffs on U.S. goods to 125% in response to new American trade duties, escalating tensions.
Prada acquires Versace in a landmark merger, strengthening Italy's presence in the global luxury fashion market.
Amazon shoppers may face higher prices as Chinese sellers respond to new 145% U.S. tariffs by raising costs or exiting the market.
Novartis plans a $23 billion U.S. expansion to boost drug production and counter potential import tariffs.
Trump opposes Nippon Steel's $14 billion bid for U.S. Steel, causing uncertainty over the deal's future amid national security concerns.
Trump pauses tariffs for 90 days, boosting markets, but increases taxes on Chinese imports, escalating tensions with China.
Senator Mark Warner warns that Trump's extension for ByteDance to divest TikTok's U.S. assets may violate the 2024 law and jeopardize national security.
Trump orders a new review of Nippon Steel's $14.9 billion acquisition of U.S. Steel after Biden blocked the deal over national security concerns.
China retaliates with 34% tariffs on U.S. goods in response to President Trump's recent tariff moves, escalating the trade war between the two nations.
