To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.
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Moderna posted a quarterly loss of $3.63 billion, half of which was accounted for by unused Covid-19 shots past their expiration date.
Shares of Starbucks jumped more than 9% Thursday after the company posted better-than-expected Q4 earnings.
Logistical holdups at ports in Brazil combined with poor sugar crops in other major sugar-producing nations is stretching supply of the crop.
Canada’s Liberal Party won a majority promising to distance the country from the US, a major importer of Canadian crude.
On Tuesday, the Biden administration approved the construction of a massive wind farm off the coast of Virginia.
While the price of aluminum has climbed off the mat in recent months, it’s still well below the heady days of early 2022.
Salmon fishers in Alaska face a cascade of challenges as state regulators implement a series of restrictions to prevent overfishing.
As the US — and everywhere else — has digested multi-year inflation, pressure has mounted disproportionately on the restaurant sector.
WPP issued a reduction of its profit outlook for the second time in consecutive quarters on Thursday, citing major headwinds.
The good news is that GM generated about $3.1 billion in profit in the quarter. The bad news is that this is the only good news.
The European Space Agency has contracted Elon Musk’s SpaceX to launch navigation satellites next year, The Wall Street Journal reported.
Toymaker Hasbro crushed expectations in its latest quarter, but its annual guidance hasn’t been updated to consider potential tariffs.
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.