Amazon Warns of Potential Price Hikes Due to Tariffs, Says...
Amazon shoppers may soon see higher prices, as CEO Andy Jassy confirmed the impact of rising global tariffs on the e-commerce giant. Speaking to CNBC on Thursday, Jassy explained that...
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China Vows Strong Response After Trump’s 104% Tariffs Take Effect
China has pledged to take “resolute and effective measures” in response to U.S. President Donald Trump’s new 104% tariffs on Chinese imports, which came into effect on Wednesday. Chinese Foreign...
Delta Air Lines Issues Recession Warning Amid Economic Uncertainty and...
Delta Air Lines has raised concerns about a potential recession, cautioning that its revenue may decline in the current quarter and admitting that “growth has largely stalled.” CEO Ed Bastian...
Walmart Pulls Quarterly Profit Forecast Due to Tariff Uncertainty
Walmart, the world’s largest retailer, has withdrawn its financial forecast for the current quarter, citing uncertainty caused by broad new tariffs imposed on imports from China, Vietnam, and other countries....
China Slaps 84% Tariffs on US Goods in Escalating Trade...
In a major escalation of the ongoing trade war, China announced retaliatory tariffs of 84% on US goods on Wednesday, directly responding to sweeping new levies introduced by former President...
US and South Korean Shipbuilders Join Forces to Boost Naval...
America’s leading military shipbuilder, Huntington Ingalls Industries (HII), has partnered with South Korea’s Hyundai Heavy Industries in a move that could significantly enhance the U.S. Navy’s ability to compete with...
America’s Infrastructure Sees Slight Improvement Over Four Years
The United States has made modest progress in improving its infrastructure over the past four years, according to a new report from the American Society of Civil Engineers (ASCE). The...
Hyundai Announces $20 Billion Investment in the U.S., Including $5...
South Korean automaker Hyundai has unveiled plans for a $20 billion investment in U.S. manufacturing, including the construction of its first steel plant in the country. The announcement, made at...
BYD Surpasses Tesla with Over $100 Billion in Annual Sales
China’s electric vehicle (EV) giant BYD has outpaced Tesla in annual revenue, reporting 777 billion yuan ($107 billion) in 2024, a 29% increase from the previous year. The company delivered...
Florida Considers Easing Child Labor Laws Amid Worker Shortages
Florida lawmakers are set to debate a bill that would loosen child labor laws, allowing teenagers as young as 14 to work overnight shifts on school days. The move comes...
