Amazon long ago passed Walmart in terms of market cap, but the e-commerce giant is finally poised to leapfrog its brick-and-mortar rival by…
Business
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BusinessEditor's Pick
Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico
Chipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go…
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BusinessEditor's Pick
Disney tops quarterly profit estimates but starts to lose Disney+ streaming subscribers
Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected streaming…
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BusinessEditor's Pick
Mattel says Barbies and Hot Wheels could soon get more expensive under Trump’s tariffs
Mattel could soon raise the prices of toys such as Barbie and Hot Wheels in response to new tariffs imposed by President Donald…
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BusinessEditor's Pick
Boeing’s Starliner losses top $2 billion after spacecraft program reports worst year yet
Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s…
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BusinessEditor's Pick
Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers
Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected streaming…
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The U.S. Postal Service has agreed to resume accepting shipments from China, less than 12 hours after announcing it would…
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General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business. The plans come two…
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Fox Corp. is finally getting into the direct-to-consumer streaming game. The company known for its news and sports TV content…
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BusinessEditor's Pick
Trump moves to develop sovereign wealth fund to ‘create value for American citizens’
President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that exist…