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6h ago

Auto giants forced to confront some hard truths in the age of 'polycrisis'

The term polycrisis refers to simultaneous headwinds that become entangled and amplify each other, creating a situation that is more severe than the sum of its individual parts.
Savannah Bet Its Economy on a Big Hyundai Plant. Now It Has to Find the Workers
Savannah Bet Its Economy on a Big Hyundai Plant. Now It Has to Find the Workers

U.S. could take stakes in more firms, White House adviser says

Kevin Hassett likened the Trump administration's piece of chipmaker Intel to a down payment on a sovereign wealth fund.
White House national economic council director Kevin Hassett speaks as President Donald Trump listens in the Oval Office on March 7, 2025.
White House national economic council director Kevin Hassett speaks as President Donald Trump listens in the Oval Office on March 7, 2025.
8h ago

South Korea's Lee meets with Trump, promising to 'Make America Shipbuilding Great Again'

The U.S. ally's new president hopes the $150 billion deal can help revitalize the industry and stave off further tariffs.
Lee Jae Myung, left, and Donald Trump sit in chairs in the Oval Office
Lee Jae Myung, left, and Donald Trump sit in chairs in the Oval Office

More postal services pause shipments to U.S. with tax loophole set to expire

The crackdown on small-dollar imports has left businesses and consumers scrambling.
DHL parcel center
DHL parcel center
10h ago

Sports

Sports

Kevin O'Leary buys a Kobe Bryant and Michael Jordan card for record-breaking $13 million

The Canadian investor revealed that he was one of three buyers to snap up the record-breaking card at auction over the weekend.
The only copy that ever will exist of an extraordinary card featuring NBA uniform logos and signatures of Michael Jordan & Kobe Bryant.
The only copy that ever will exist of an extraordinary card featuring NBA uniform logos and signatures of Michael Jordan & Kobe Bryant.

Keurig Dr Pepper to buy Peet's Coffee owner in $18 billion deal

When the acquisition is complete, the company plans to split into two companies, one focused on coffee and the other focused on beverages.
Dr. Pepper Ties Pepsi For 2nd Most Popular Soda In U.S., After Coca-Cola
Dr. Pepper Ties Pepsi For 2nd Most Popular Soda In U.S., After Coca-Cola
14h ago

Hong Kong

Hong Kong

Delisting of Chinese developer Evergrande closes tumultuous chapter for investors

The company's journey from stock exchange darling to a pariah in the financial markets is a cautionary tale.
Embattled property giant China Evergrande Group said on August 12 it will delist from Hong Kong Stock Exchange as a heavier-than-expected debt burden weighed on its liquidation process.
Embattled property giant China Evergrande Group said on August 12 it will delist from Hong Kong Stock Exchange as a heavier-than-expected debt burden weighed on its liquidation process.
15h ago

Rihanna's multibillion-dollar brand invested in the WNBA — and it's just the start

The women's basketball league has set highs in viewership and attendance in recent years, and companies are taking notice.
New York Liberty Ticker Tape Victory Parade & Rally
New York Liberty Ticker Tape Victory Parade & Rally

From American Eagle to Swatch, why brands seem to keep getting it so wrong

Recent ad campaigns have reignited the debate about when an ad is effective and when it's just plain offensive.
A window display of actress Sydney Sweeney is seen on a window of an American Eagle store from outside on the street
A window display of actress Sydney Sweeney is seen on a window of an American Eagle store from outside on the street

What's the secret of their success? Summer camp

Female entrepreneurs find community, investors and tips for navigating a male-dominated world at a Long Island coastal oasis.
Anu Duggal playing tug of war
Anu Duggal playing tug of war
2d ago

Return of recession specials could be the latest sign of deteriorating consumer sentiment

Fears of a slowing economy and worries about tariffs have spurred young Americans to point out so-called recession indicators.
A sign outside Brooklyn coffee shop Clever Blend offers a $6 gelato and espresso “recession special.”
A sign outside Brooklyn coffee shop Clever Blend offers a $6 gelato and espresso “recession special.”

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