To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Among the conglomerates to go this route have been Alcoa in 2016, United Technologies in 2018 and, last year, General Electric.
It can be hard to sate investors’ appetites, but if there’s two companies who should know how to do it, it’s these two.
Aside from the Cybertruck, the company hasn’t had a new mass market model since 2019 when it first unveiled its popular Model Y.
Canada’s Liberal Party won a majority promising to distance the country from the US, a major importer of Canadian crude.
To give some perspective on Spotify’s long road to steady profitability, the company was founded all the way back in 2006.
Pharma giant Merck on Tuesday announced in its earnings report that it would halt all shipments of HPV drug Gardasil to China.
With his executive order, Trump nixed the de minimis tax rule that had let the companies ship their unsettlingly cheap products for so long.
As the US — and everywhere else — has digested multi-year inflation, pressure has mounted disproportionately on the restaurant sector.
Americans make about 150 million trips to emergency departments each year. Their bank accounts wish they made far fewer.
Toyota is selling the present, while Tesla is selling the future — an arguably really far-flung version of the future.
The startup promises to fill a void in one area where US military research and development has been caught flat-footed.
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.