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Trump Says He’ll Decide on Next China Tariffs After G20 Summit
China has blamed the U.S. for the breakdown in talks and vowed to reciprocate for the increased tariffs in…
Amazon Poised to Test Chopper-Plane Mashup for Drone Deliveries
Amazon unveiled a revolutionary new drone—part helicopter and part science-fiction aircraft—it expects to use…
Walmart Chief McMillon Calls on Congress to Boost Minimum Wage
Calling the current $7.25 minimum wage "too low," Walmart CEO Doug McMillon said it's time for Congress to…
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IMF Cuts China Growth Forecast, Citing Downside Trade War Risks
The IMF trimmed its forecast for China's economic growth and said the trade war with the US is tilting the…
LVMH Lifts Luxury Shares on Vuitton’s `Unheard Of’ China Growth
LVMH shares gained after the company gave a rosy view of its China business, easing concerns about the…
Sorry, Amazon. Kim Kardashian Is Now a Store
The global apparel market could become a battle of the Everything Store against the Everyone Store.
Mexico Hopeful of Avoiding Tariffs That Trump Says Will Happen
Mexico is hopeful it will reach a deal to escape US tariffs, even as President Trump said he'll probably…
Retailer Forever 21 Said to Be Exploring Debt Restructuring
Forever 21 Inc. is in talks with potential lenders and restructuring advisers as it explores options for…
Air Cargo Carriers Are Caught in Crossfire of Trump-China Trade War
Trump's intensifying trade war with China dented air cargo traffic as companies reconfigure their supply…
Maybe Africa Really Will Become the New China
All across Africa, investors—many of them private entrepreneurs from China—are building factories…
Beaten-Down Retailers Face ‘Unfathomable’ Risk in Mexico Tariffs
If disappointing earnings weren't bad enough, retail investors now have to worry about potential impact of US…
Wet Weather, Dry Weather, Worms: U.S. Cotton Can’t Catch a Break
The weather this spring has been rough across the U.S. agriculture belt, and cotton farmers may have had some…
Italy Could Use Gucci Tax Deal in Bid to Avoid EU Penalty
Rome may cite revenue from a top luxury brand as evidence it can get its house in order and avoid a…
Trump Pushes USMCA Approval Plan in Move That Irks Pelosi
It could set up a showdown with Democrats who have opposed efforts by the Trump administration to rush a vote…
US Goods-Trade Gap Widens for Second Month to Highest This Year
The U.S. merchandise-trade deficit widened for a second month to the highest level since a record in December…