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Why Walmart decided to say it would raise prices — and risk Trump’s fury

Why Walmart decided to say it would raise prices — and risk Trump’s fury

Business News

A Walmart store is shown in Oceanside, California, U.S., May 15, 2025. Mike Blake | Reuters Last month, Walmart downplayed how much President Donald Trump’s tariffs would affect its business in front of a large audience of investors. CEO Doug McMillon pointed to other challenging times that the company had weathered — like the aftermath […]

Why Walmart decided to say it would raise prices — and risk Trump’s fury Read More »

FDA outlines stricter Covid vaccine booster approval standards for healthy people

FDA outlines stricter Covid vaccine booster approval standards for healthy people

Business News

Brandon Guerrero, of Compton, California, is given both a flu and Covid vaccine at CVS in Huntington Park, California, Aug. 28, 2024. Christina House | Los Angeles Times | Getty Images The Food and Drug Administration on Tuesday outlined new regulatory guidance for future Covid-19 vaccine boosters, setting stricter approval standards for healthy Americans.  The

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Fanatics will host a skills challenge between fans and celebrities, with million on the line

Fanatics will host a skills challenge between fans and celebrities, with $2 million on the line

Business News

Tom Brady attends Fanatics Fest NYC 2024 at Jacob Javits Center in New York City on Aug. 16, 2024. Dave Kotinsky | Getty Images Entertainment | Getty Images Sports giant Fanatics is pitting fans against greats Tom Brady, Kevin Durant and Alex Rodriguez at an upcoming marketing event. The company announced Tuesday it is introducing

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Levi Strauss to sell Dockers to brand management firm Authentic Brands Group

Levi Strauss to sell Dockers to brand management firm Authentic Brands Group

Business News

The Levi’s brand logo on a store.  Jens Kalaene | Picture Alliance | Getty Images Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million, the companies announced Tuesday.  Under the terms of the deal, Authentic will own Dockers’ intellectual property while Centric Brands will take on operations,

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Here’s JPMorgan’s summer reading list for the wealthy for 2025

Here’s JPMorgan’s summer reading list for the wealthy for 2025

Business News

Along with the list of 16 books, and increase from prior lists, which had 10, this year’s Summer Reading List also includes suggested summer experiences, from the DATALAND exhibit at The Grand LA, to the SailGP racing series and the Hill Family Estate in Napa, California. “Life in Three Dimensions: How Curiosity, Exploration, and Experience

Here’s JPMorgan’s summer reading list for the wealthy for 2025 Read More »

Home Depot CFO says retailer won’t raise prices due to tariffs, reaffirms full-year forecast

Home Depot CFO says retailer won’t raise prices due to tariffs, reaffirms full-year forecast

Business News

Home Depot on Tuesday stuck by its full-year sales forecast as a top executive told CNBC the retailer won’t hike prices because of tariffs. “Because of our scale, the great partnerships we have with our suppliers and productivity that we continue to drive in our business, we intend to generally maintain our current pricing levels

Home Depot CFO says retailer won’t raise prices due to tariffs, reaffirms full-year forecast Read More »

JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse

JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse

Business News

Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of de-banking on Feb. 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images JPMorgan Chase CEO Jamie Dimon said Monday that markets and central bankers

JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse Read More »

USTA to invest 0 million in US Open facilities in New York

USTA to invest $800 million in US Open facilities in New York

Business News

The USTA unveils the largest single investment in U.S. Open history. USTA The  United States Tennis Association announced on Monday it will make an $800 million investment to transform and modernize tennis facilities for the U.S. Open. The project marks the largest single investment in U.S. Open history and will feature a top-to-bottom renovation of

USTA to invest $800 million in US Open facilities in New York Read More »

Novo Nordisk is betting on a CEO shake-up to regain its weight loss drug edge over Eli Lilly

Novo Nordisk is betting on a CEO shake-up to regain its weight loss drug edge over Eli Lilly

Business News

A view of the logo of Novo Nordisk at the company’s office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, March 8, 2024.  Tom Little | Reuters Novo Nordisk is banking on fresh leadership to help it reclaim the crown in the booming weight loss drug market. The Danish drugmaker on Friday abruptly announced that

Novo Nordisk is betting on a CEO shake-up to regain its weight loss drug edge over Eli Lilly Read More »

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