To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.
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Elliot is calling on the company to replace CEO Bob Jordan, revise its board of directors, and conduct a comprehensive business review.
The EU has a 10% tariff on EVs imported from China, but it could soon increase to 25% or 30%.
The diamond industry is undergoing a major shake-up. But can just how far can the bottom fall for the industry?
Canada’s Liberal Party won a majority promising to distance the country from the US, a major importer of Canadian crude.
The world’s largest fast food chain lost its “Big Mac” trademark for chicken sandwiches following a European Union court ruling.
The plaintiffs argue the league made an anti-competitive agreement forcing fans to pay for out-of-market broadcasts in one package.
Last year saw the highest private in-patient admissions since records began, totaling roughly 900,000, a 7% increase from 2022.
As the US — and everywhere else — has digested multi-year inflation, pressure has mounted disproportionately on the restaurant sector.
The industry just boosted its profit forecast for 2024 but warns that return on invested capital hurts the chance for sustainable profits.
One market research firm said even duties in the range of 15%-30% won’t keep most of the country’s carmakers out of Europe.
The brewer is reportedly in early talks to sell to Japan’s Suntory, which owns American spirits brands Jim Beam and Maker’s Mark.
Tesla was a notable absentee from this week’s Shanghai Auto Show, where Volkswagen and other carmakers debuted new offerings.
The warnings come as the industry adapts to seismic shifts in technology — which means it may just have some new tricks up its sleeve.
China is a top global producer of 30 of the 50 minerals the US considers critical, and is sources more than half of the US annual supply.
With Hollywood conquered, Netflix has a new goal: reach a $1 trillion market cap by 2030, according to a Wall Street Journal report.