Browsing: Business

The 157th running of the Belmont Stakes is fast approaching, bringing with it a wave of excitement and anticipation for horse racing fans across the country. Known as the “Test of the Champion,” the Belmont Stakes is the final and often most grueling leg of the Triple Crown, held annually at Belmont Park in Elmont,…

US export controls on advanced chips have been a “failure,” Nvidia CEO Jensen Huang said at a tech forum on…

Summary BEIJING, May 16 (Reuters) – Chinese worker Liu Shengzun lost two jobs in the span of a month after…

Microsoft announced on May 13, 2025, that it will lay off approximately 3% of its global workforce, equating to about…

President Donald Trump has expressed openness to significantly reducing the U.S.’s current 145% tariff rate on China ahead of upcoming…

U.S. Trade Deficit Jumps Amid Pre-Tariff Import Rush The U.S. trade deficit in goods and services surged to a record…

Rite Aid Files for Bankruptcy Again Amid Mounting Debt and Store Closures U.S. pharmacy chain Rite Aid filed for bankruptcy…

Summary WASHINGTON, May 4 (Reuters) – On Sunday, former U.S. President Donald Trump announced a 100% tariff on all foreign-produced…

Summary OMAHA, Nebraska, May 3 (Reuters) – Warren Buffett announced he will step down as CEO of Berkshire Hathaway at…

Chinese discount retailer Temu has altered its U.S. business strategy in response to new regulations on low-value imports implemented by…