Industry

Skechers Sued for Allegedly Favoring Founder in $9.4 Billion Buyout

Skechers Sued for Allegedly Favoring Founder in $9.4 Billion Buyout

Skechers faces a lawsuit over a $9.4B buyout, with claims the founder favored one bidder.


Paramount Investigated for Alleged Bribery Tied to Trump Campaign Settlement

California lawmakers are investigating Paramount over a $15M offer to Trump's campaign, raising concerns of bribery and unfair competition.

Aldi Faces Lawsuit Over Alleged Packaging Rip-Off of Oreo, Wheat Thins

Mondelez sues Aldi, claiming the store copied Oreo and Wheat Thins packaging to mislead shoppers.

China Pushes Back on Trump's Claim It Violated US Tariff Deal

China denies Trump's claim it broke a US tariff deal, urging the US to end trade restrictions.


Latest News

Trump Administration Targets China With New US Tech Export Restrictions
Trump administration blocks US chip-design software exports to China to limit tech advancement amid trade tensions.
Massive Ford Recall: Rear Camera Issue Affects Over 1 Million
Ford recalls over 1 million vehicles due to a rearview camera glitch that may increase crash risk, offering free software updates.
GameStop Buys $500 Million in Bitcoin in First Major Crypto
GameStop invests over $500 million in bitcoin, marking its first major move into cryptocurrency.
US Steel Shares Drop as Trump Announces Nippon Steel Investment
The US will keep veto power in Nippon Steel's $14.9B deal to buy US Steel, ensuring key decisions remain under American control.
Salesforce, Informatica Stocks and Shares Decreased Amidst Acquisition Rumors
Following the official announcement of the agreement, Informatica's stock saw a 5.7% increase.
CHINA-ECONOMY-FASHION-SHEIN
The EU warns Shein over alleged consumer law violations, giving the retailer one month to respond or face possible fines.
Volvo Shifts Production of Chinese-Made EVs to Belgium Amid EU Crackdown Concerns
Volvo cuts 3,000 jobs to save $2 billion amid industry challenges and global trade tensions.
US Delays Massive EU Tariff as Trump Opens Door to
President Trump delays 50% EU tariff to July 9, opening the way for new trade negotiations.
Tokyo-to-Houston Flight Rerouted to Seattle After Passenger Disturbance
A Tokyo-to-Houston flight was diverted to Seattle after a passenger tried to open an exit door mid-flight.
Memorial Day Hours: Here’s What’s Open and Closed on Monday
Find out what's open and closed on Memorial Day 2025, including store hours, bank closures, and mail service updates.
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