U.S. consumer spending on Temu fell about 36% in May compared to a year earlier, while it fell 13% over the same period on Shein, according to trend data from Consumer Edge. Nurphoto | Nurphoto | Getty Images Temu and Shein are pivoting to Europe as their business in the U.S. takes a major hit […]
U.S. Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. testifies before the Senate Committee on Appropriations hearing on the Department of Health and Human Services budget, on Capitol Hill in Washington, D.C., U.S., May 20, 2025. Ken Cedeno | Reuters Health and Human Services Secretary Robert F. Kennedy Jr. on Monday said he
RFK Jr. removes all members of CDC panel advising U.S. on vaccines Read More »
The Food and Drug Administration on Monday approved Merck’s shot designed to protect infants from respiratory syncytial virus during their first season of the virus, bringing to market a rival to a similar treatment from Sanofi and AstraZeneca. The decision will allow the company to launch the drug, which will be marketed as Enflonsia, ahead
David Zaslav attends the world premiere of “The Flash”, in Hollywood, Los Angeles, California, U.S., June 12, 2023. REUTERS/Mike Blake Mike Blake | Reuters Earlier this year, Warner Bros. Discovery Chief Executive Officer David Zaslav ended his company’s long relationship with the National Basketball Association. Now, he may be setting the stage to end his
Warner Bros. Discovery split throws the future of TNT Sports into question Read More »
A Capital One Walmart credit card sign is seen at a store in Mountain View, California, United States on Tuesday, November 19, 2019. Yichuan Cao | Nurphoto | Getty Images Walmart’s majority-owned fintech startup OnePay said Monday it was launching a pair of new credit cards for customers of the world’s biggest retailer. OnePay is partnering
Walmart is using its own fintech firm to provide credit cards after dumping Capital One Read More »
Microsoft ROG Xbox Ally and Ally X Handheld devices Source: Xbox Microsoft Xbox players will soon be able to take their favorite games anywhere with the launch of the new ROG Xbox Ally handhelds. This is a first for Xbox, which has never released a handheld before. The devices, developed in collaboration with ASUS, offer
Microsoft enters portable gaming with new ROG Xbox Ally devices Read More »
Warner Bros. Discovery plans to split into two public companies by next year, the media giant announced Monday, the latest upheaval in the industry as consumers transition from cable to streaming. WBD will separate into a streaming and studios company, which will include its movie properties and streaming service HBO Max, and a global networks
Warner Bros. Discovery to split into two public companies by next year Read More »
LAFAYETTE, Ind. — President Donald Trump has said he wants to bolster manufacturing jobs and other technical employment in the United States. But in the aviation industry, finding skilled workers to make airplanes and engines — and maintaining those jobs for years to come — has been a struggle. The average age of a certified
Bloomberg | Bloomberg | Getty Images Airplane tickets are getting cheaper, but it’s getting more expensive to bring your family to an airport lounge. Capital One is the latest company to limit access to booming airport lounges to combat overcrowding. Starting Feb. 1, Venture X and Venture X Business cardholders will no longer be able
Why it’s getting even harder to get into airport lounges now Read More »
Slate Auto electric vehicles inside the startup’s beta production facility in Lake Orion Township, Michigan. Slate Auto LAKE ORION TOWNSHIP, Mich. — In a nondescript supplier park in suburban Detroit, an electric vehicle startup backed by Amazon founder Jeff Bezos is building what it hopes will be America’s newest automaker. The facility is filled with
Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos Read More »
