A one-two punch from the United States risks shattering the already fragile trade war truce between Washington and Beijing, with Chinese tech companies and students both dealt shock blows by the Trump administration Wednesday night. Viewed from within China, things had been looking up after the world’s two largest economies agreed to dramatically roll back steep tariffs – a conciliatory ...
Walmart agreed to pay a small fine and promised to ensure its third-party resellers are unable to sell realistic looking toy guns to buyers in New York, after state Attorney General Letitia James said Tuesday that the retail giant’s online store shipped them to the state. The settlement comes nearly a decade after Walmart, Amazon, Sears and other retailers entered ...
Macy’s cut its full-year profit guidance on Wednesday even as it beat Wall Street’s quarterly earnings expectations, as the retailer’s CEO said it will hike prices of certain items to offset tariffs. In a news release, the department store operator said it reduced its earnings outlook because of higher tariffs, more promotions and “some moderation” in discretionary spending. Macy’s stuck ...
23andMe on Tuesday announced it will voluntarily delist from the Nasdaq and de-register with the U.S. Securities and Exchange Commission, according to a release. The move comes after Regeneron Pharmaceuticals said earlier this month that it will acquire “substantially all” of 23andMe’s assets for $256 million. The drugmaker came out on top following a bankruptcy auction for 23andMe, a once ...
Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect. The sporting goods giant said it’s expecting earnings per share to be between $13.80 and $14.40 in fiscal 2025 — in line with the $14.29 that analysts had expected, according to LSEG. It’s projecting revenue to be between ...
King Charles III used a significant speech in Canada’s parliament on Tuesday to underscore the country’s sovereignty following pressure from US President Donald Trump. “Today, Canada faces another critical moment. Democracy, pluralism, the rule of law, self-determination, and freedom are values which Canadians hold dear, and ones which the Government is determined to protect,” the king said from the throne ...
Thousands of Palestinians overran a newly established aid site in southern Gaza on Tuesday that is part of a controversial new Israeli- and US-approved aid distribution mechanism that began on Tuesday after months of blockade. Videos from the distribution site in Tel al-Sultan, run by the Gaza Humanitarian Foundation (GHF), showed large crowds storming the facilities, tearing down some of ...
For decades, Germany has stood squarely in Israel’s corner, its dark history of Jewish persecution shaping its modern-day policy of virtually unquestioned backing. In the aftermath of the Hamas October 7, 2023, attacks, the question of German political and military support for Israel was raised – and reaffirmed by then-Chancellor Olaf Scholz. But comments by new Chancellor Friedrich Merz in ...
A quick shove. A split-second clip that would have dominated US news for days aired in France for just 24 hours and then it was gone. When a viral video appeared over the weekend showing French President Emmanuel Macron’s wife, Brigitte, pushing his face just as he was about to deplane during a visit to Vietnam, not a single French ...
A judge has stepped down from the criminal proceedings regarding the death of Argentine football legend Diego Armando Maradona. An Argentine court had removed the judge, Julieta Makintach, after one of the defendants in the Maradona trial requested her disqualification due to a possible lack of impartiality and for allegedly authorizing the filming of a documentary during court hearings. Makintach ...