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Business
There is a new twist in the TikTok tale
Back in 2020, when then US president Donald Trump threatened to ban TikTok because of alleged Chinese influence, Microsoft tried and failed to buy the app’s US operation — a move…
Walmart CFO says 'many consumer pocketbooks' are being stretched as high inflation persists
While Walmart's earnings topped Wall Street expectations, CFO John David Rainey said that "many consumer pocketbooks are still stretched." "We see the effect of that in our…
Křetínský’s Royal Mail deal is far from in the bag
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Czech billionaire Daniel Křetínský’s move to buy Royal…
South Korea encourages supply chain cooperation with China as both express desire to improve ties
South Korea's finance minister on Thursday said Seoul and Beijing should seek better economic cooperation on the supply chain for raw materials. "We should lead global…
Walmart issues rosy outlook as bargain-hunting shoppers continue to spend
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Walmart raised its full-year outlook after a…
Time to claim $1B in tax refunds dwindles: A state-by-state breakdown
State or District
Estimated Number of Individuals
Median Potential Refund
Total Potential Refunds*…
Why Biden’s China tariffs are more bark than bite
Good morning and welcome back to Energy Source, coming to you from New York.President Joe Biden reinstated Trump-era tariffs on double-sided solar panels this morning as the…
Comer announces new subpoena in Biden family probe
House Committee on Oversight Chairman Rep. James Comer, R-Ky., announced a new legislative motion that aims to unveil financial information related to the Biden family. "This…
BT’s CEO says she ‘loves to squeeze’ short sellers while unveiling £3bn of cost cuts
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BT’s new chief executive Allison Kirkby said “I always…
Ex-Olympics star Shaun White rides with CVS for new snack and beverage line: 'They've really upped the…
Olympic gold medalist snowboarder Shaun White partnered with CVS for the announcement of their new snack and beverage line called Well Market on Thursday. White said CVS…