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Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending

Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call,…
Investing

FCC is investigating Disney and ABC for DEI initiatives

The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and…
Latest News

Trump cautions ‘bad things’ in store if Iran won’t negotiate as Islamic Republic touts ‘Missile City’

President Donald Trump promised that ‘bad things’ would happen to Iran if the regime does not come to the table for nuclear…
Latest News

Appeals court rules DOGE can continue operating at USAID in another win for Trump administration

A federal appeals court on Friday granted the Trump administration’s motion to extend a stay allowing the Department of Government Efficiency (DOGE)…
Latest News

Trump draws laughs when defining a ‘woman’ — until he touches on a serious issue

President Donald Trump drew laughs from the press when one reporter asked him to define what a woman is. Trump was speaking…
Latest News

Why Trump’s push for frigid Greenland is about icing out US adversaries

President Donald Trump has insisted the U.S. needs to ‘get’ Greenland, ‘one way or another.’ But it’s not the first time U.S….
Latest News

Trump effect forces Germany to reprioritize defense as nation plays catch-up in military spending

President Donald Trump’s continued criticism of Germany’s failure to pay its defense bills looks to have pushed one of Europe’s wealthiest nations…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

Chinese tea chain Chagee files for U.S. initial public offering

Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker…
Investing

Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes

Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs….
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