To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.
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AI-powered search engine startup Perplexity announced a revenue-sharing program on Tuesday with a handful of media companies.
Suppliers are upset Temu is swapping to a more Amazon-esque supplier model and trying to drive prices ever-downward.
Vitol Group, the world’s largest independent oil trader, has paid around a record $6.4 billion in share buybacks to its employee-owners.
Canada’s Liberal Party won a majority promising to distance the country from the US, a major importer of Canadian crude.
A recent study adds more ammunition to the idea that disturbing the sea floor via deep sea mining could do serious ecological damage.
Pioneering online education company 2U filed for bankruptcy, even as the public writ large has gradually embraced online learning.
Taylor Swift may be signed to the label, but Universal Music Group somehow can’t find a way to make its business work.
As the US — and everywhere else — has digested multi-year inflation, pressure has mounted disproportionately on the restaurant sector.
Pfizer, Moderna, and GlaxoSmithKline are developing vaccines for RSV to fill the gap on their balance sheets.
General Motors shares tumbled after the company said its driverless taxi division, Cruise, will suspend production of the Origin robotaxi.
Shell has started to shop around for buyers to offload its stake in an offshore wind project off the coast of Scotland.
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.