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Categories Business

A flagging U.S. industry looks for new life in a Philadelphia shipyard

July 19, 2025

The U.S. shipbuilding industry is looking for help. A South Korean company is answering the call. Hanwha Philly Shipyard CEO David Kim, nodding

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Categories Business

Trump says it’s ‘highly unlikely’ he will fire Fed Chair after broaching idea with GOP reps

July 18, 2025

President Donald Trump said Wednesday it was ‘highly unlikely’ he would fire Jerome Powell as chair of the Federal Reserve. His statements, made

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Categories Business

Inflation picks up again in June as tariffs slowly work their way through U.S. economy

July 17, 2025

Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy. The consumer price

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Categories Business

Jerome Powell asks inspector general to review Fed’s $2.5B renovation project

July 16, 2025

The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House,

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Categories Business

Some Walmart garment orders from Bangladesh on hold due to U.S. tariff threat

July 14, 2025

LONDON/NEW YORK, July 11 (Reuters) – Suppliers to Walmart WMT.N have delayed or put on hold some orders from garment manufacturers in

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Categories Business

Trump’s tariffs on Brazil could make your coffee even more expensive

July 12, 2025

President Donald Trump’s proposed 50% tariff on Brazilian imports is bad news for coffee drinkers. Brazil, the largest U.S. supplier of green coffee

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Categories Business

Sports executive charged with bid-rigging in Texas arena project

July 11, 2025

Oak View Group CEO Tim Leiweke was indicted on a federal criminal conspiracy charge related to allegedly rigging a bid to develop,

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Categories Business

OpenAI to release web browser in challenge to Google Chrome

July 11, 2025

SAN FRANCISCO — OpenAI is close to releasing an AI-powered web browser that will challenge Alphabet’s market-dominating Google Chrome, three people familiar

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Categories Business

Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

July 11, 2025

What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK Kellogg Co., the manufacturer of iconic American cereals,

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Categories Business

White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

July 11, 2025

President Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested he

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