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Walmart to Absorb Tariff Hikes to Keep Prices Low

As tariff-spooked shoppers begin pulling back on spending, Walmart is prepping for a worsening economy by using its massive footprint to keep prices low and hunt for ways to take market share.

April 9, 2025

Costco’s Profit Miss Reflects Broader Retail Concerns

Costco slipped in late trading after the big-box retailer posted profit that missed Wall Street’s expectations. Retailers have taken a more cautious outlook in recent weeks.

March 6, 2025

Amazon Warehouse Workers Reject Union Bid in North Carolina

Amazon workers at a warehouse in North Carolina overwhelmingly rejected union representation.

February 18, 2025

Amazon Workers Seek $30 an Hour in North Carolina

Amazon employee organizers in Garner, N.C., won the right to hold an election this week to determine whether workers at the facility will be represented by an upstart union.

February 11, 2025

Cemex CEO Fernando González to Step Down After 30 Years

González will be replaced April 1 by Jaime Muguiro, who is the current head of Cemex’s U.S. operations, the company said in a statement.

February 10, 2025

Rivian Broadens Sales of Van Once Exclusive to Amazon

Rivian said it will sell its electric delivery van designed for Amazon to other customers, a move to boost revenue from fleet operators as consumer demand for battery-powered cars slows.

February 10, 2025

Amazon Posts Strong Q4 Earnings, but Stock Dips on Q1 Outlook

Amazon on Feb. 6 reported better-than-expected revenue and profit for the holiday shopping period, but its share price dipped in after-hours trading due to disappointing guidance for Q1.

February 7, 2025

Logistics Agents Put 30% Levy on Shein, Temu Retailers

Chinese retailers that sell on Shein and Temu have been asked by logistics agents to start paying an additional 30% levy after President Donald Trump hiked tariffs on goods imported to the U.S. 

February 6, 2025

Amazon to Face Legal Action After Layoffs in Quebec

Amazon.com Inc.’s decision to close all seven of its warehouses in the Canadian province of Quebec and terminate more than 1,900 workers is prompting legal action from the affected union.

February 4, 2025