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Hasbro says it’s taking steps to offset China tariff effects

Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential effect of Chinese tariffs on its business, as executives said the…

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Investing

SEC dropping crypto lawsuit, Coinbase says

The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a signal that…

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Investing

Meta approves plan for bigger executive bonuses following 5% layoffs

Executives at Meta stand to get bigger bonuses this year.  The company said in a corporate filing Thursday that it had approved “an increase in the…

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Investing

Amazon surpasses Walmart in revenue for the first time

Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue during the…

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Investing

JetBlue talking to ‘multiple airlines’ about a new partnership

JetBlue Airways is talking with “multiple airlines” about a potential new partnership after federal judges struck down two previous deals, the carrier’s president…

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Investing

Walmart says it’s ‘not going to be completely immune’ from Trump’s tariffs

Walmart would likely see some impact from tariffs President Donald Trump is seeking to impose, especially if ones threatened against Canada and…

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Investing

Walmart is getting a bump from a surprising cohort: Wealthier shoppers

Walmart is known for its low prices and no frills approach. So it may come as a surprise that wealthier shoppers are helping…

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Investing

Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says

Airbus could prioritize deliveries to its non-U.S. customers if tariffs disrupt the European plane maker’s imports stateside, CEO Guillaume Faury said Thursday. “We…

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Investing

ESPN plans to add user-generated content to upcoming ‘flagship’ streaming service

In an attempt to court younger audiences, Disney’s ESPN is planning to add some user-generated content to its yet-to-be-named flagship streaming service, which will…

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Investing

Trump Media sues Brazil Supreme Court judge who battled Elon Musk

Trump Media and its fellow conservative-oriented social media company Rumble on Wednesday sued a Brazil Supreme Court justice whose clash last year with Elon Musk led to the blocking…

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