Canada Sues DoorDash for Allegedly Misleading Prices
The Competition Bureau of Canada filed a lawsuit against DoorDash on Monday because the company displayed false prices and discounts...
Business
Barclays Ups S&P 500 Target to 6,050 on Easing Trade Fears
Barclays increased its S&P 500 year-end prediction to 6,050 from 5,900 because of declining trade tensions and evidence that earnings...
Ford Sees 16% U.S. Sales Rise in May
The U.S. auto sales of Ford Motor Co. increased by 16% in May because pickup trucks and crossover SUVs experienced...
CEO Pay Surged Nearly 10% in 2024 as Profits, Stocks Jumped
The median compensation for S&P 500 company CEOs increased by 10% during 2024 because stock markets expanded and corporate profits...
Kohl’s Reaffirms Forecast Despite CEO Exit, Tariff Headwinds
Kohl's Corp. The company maintained its annual projection and delivered a smaller-than-forecast loss during its first quarter because it demonstrates...
Temu Parent PDD Sees 50% Profit Drop Amid Tariff Headwinds
The Chinese e-commerce company PDD Holdings which operates Temu experienced a 47% decrease in first-quarter profits because of new U.S....
Brazil Sues BYD Over ‘Slave-Like’ Labor Conditions
Brazilian prosecutors have filed a lawsuit against Chinese electric vehicle giant BYD and two of its contractors, accusing them of...
Musk Slams Trump’s Tax Bill Over Rising Deficit
Elon Musk criticized President Donald Trump's main policy program after the House of Representatives passed the sweeping tax and spending...
Nvidia Faces China Headwinds as Investors Eye AI Chip Outlook
Nvidia Corp. will reveal financial results on Wednesday as investors worry that increasing US-China trade restrictions may impede the rapid...
Apple Offers Limited-Time Trade-In Boost for iPhone 16
Apple provides a special limited-time promotion which enables customers to purchase iPhone 16 models at discounted prices. The company will...
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