TikTok wants to open warehouses near Amazon to expand e-retail business
TikTok wants to horn in on Amazon’s e-commerce business by opening warehouses in the online retailer’s hometown and deliver products ...
Tag: Business
Fed determined to tame ‘unacceptably high’ inflation: minutes
Federal Reserve officials at their last meeting stressed their commitment to taming “unacceptably high” inflation before announcing that they were ...
Mortgage rates hit highest level in 16 years
The average interest rate on the most popular home loan rose to its highest level since 2006 as the housing ...
‘Crying CEO’ slammed for announcing grandmother’s death on LinkedIn
The Ohio-based CEO who got ridiculed for posting a “crying selfie” on LinkedIn as he revealed layoffs at his company ...
Steve Wynn defeats feds’ lawsuit over Chinese agent claims
Casino magnate Steve Wynn cannot be ordered to register with the Department of Justice as a foreign agent of China, ...
Wholesale inflation higher than expected in September
Inflation at the wholesale level rose 8.5% in September from a year earlier, the third straight decline though costs remain at painfully ...
Nissan sells Russian business for 1 euro, takes $687M loss
Nissan Motor will hand over its business in Russia to a state-owned entity for 1 euro ($0.97), it said on Tuesday, taking a loss ...
SPAC delays vote over Donald Trump’s Truth Social again
The blank-check acquisition firm that agreed to merge with former President Donald Trump’s Truth Social app postponed on Monday its shareholder ...
Texas Pete hot sauce faces lawsuit for being made in North Carolina
Texas Pete is facing a saucy lawsuit. A man in California is suing the popular hot sauce brand after he ...
PayPal says it never intended to fine users for ‘misinformation’
PayPal Holdings said Monday it will not fine users for misinformation and an earlier policy update that said customers could have ...
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