The U.S. Postal Service said it was temporarily suspending inbound parcels from China and Hong Kong, effective Tuesday Americans are likely to pay more for products from popular Chinese e-commerce platforms like Shein and Temu as the U.S. Postal Service said it would stop accepting parcels from China and Hong Kong. The move was announced…
Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai government Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a new partnership with the Shanghai government. Toyota Motor Corp. also announced it will start producing batteries for…
Global shares are trading mixed as markets mull the impact of tariffs being imposed by the United States and China Global shares were trading mixed Wednesday as markets mulled the impact of tariffs being imposed by the United States and China. France’s CAC 40 shed 0.3% in early trading to 7,881.94, while Germany’s DAX fell…
Google’s digital ad sales continued to grow at a healthy clip during the holiday season, but that wasn’t enough to offset investors’ worries about whether its big bet on artificial intelligence will be as lucrative as once envisioned Google’s digital ad sales continued to grow at a healthy clip during the holiday season, but that…
China has reiterated it could take “necessary countermeasures” after U.S. President Donald Trump decided to impose a 10% tariff on China for allegedly doing too little to stem the production of precursor chemicals for the drug fentanyl U.S. President Donald Trump’s trade war with Canada, Mexico and China is ramping up over the production and importation of…
Global shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in September Global shares mostly rose Thursday after the U.S. Federal Reserve opted not to cut interest rates for the first time since…
Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other incentives, but the results still fell short of Wall Street forecasts Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other…
Global stocks have advanced in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek fades Global stocks mostly advanced Wednesday in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks, as investors focused on the Federal…
Smithfield Foods’ CEO Shane Smith says he hopes that everything the company has done to make working in its plants more attractive ever since COVID tore through the industry during the pandemic will help it weather the impact of President Donald Trump’s promised mass deportations Smithfield Foods’ CEO says he hopes that everything the company…
Target’s rollback on diversity, equity and inclusion initiatives is raising questions about the retail giant’s philanthropic commitment to fighting racial disparities and promoting progressive values in liberal Minneapolis, where it is based, and beyond Target’s rollback on diversity, equity and inclusion initiatives is raising questions about the retail giant’s philanthropic commitment to fighting racial disparities and promoting…
