Skip to main content
X

Bloomberg

Contact or follow this author

More From Bloomberg

Canada Introduces Legislation to Ratify North America Trade Pact

Trudeau said the Trump administration's move to lift steel and aluminum tariffs cleared the biggest hurdle to…

Americans in Poll Reject Trump’s Claim That China Pays Tariffs

About 62 percent of U.S. adults said American consumers will bear more of the costs of duties than producers…

Walmart Hires Google, Amazon Veteran as Chief Technology Officer

Walmart hired an executive who held senior roles at Google, Microsoft and Amazon as its new CTO, while…

Eddie Lampert Sues Sears Estate, Demands Trial and $130 Million

The bitter fight over the deal that bought Sears Holdings Corp. out of bankruptcy shows no sign of cooling…

Alibaba Said to Mull Second Listing in Hong Kong to Raise $20 Billion

Alibaba Group Holding Ltd. is considering raising $20 billion via a second listing in Hong Kong after a…

Amazon Is Poised to Unleash Long-Feared Purge of Small Suppliers

A major purge is looming at Amazon that will upend the world's largest online retailer's relationship with…

Maersk Shares Tank After CEO Talks to Analysts About Trade War

Shares in Maersk slumped Friday after its chief executive officer started discussing the fallout of global…

U.K. Retail Sales Better Than Expected in April on Clothing

U.K. consumers unexpectedly kept up spending last month as retail sales beat economists' forecasts.

The Increasingly Futile Quest to Lobby Against Trump’s Tariffs

US trade associations and companies aren't giving up the fight against the latest round of duties, though…

US Companies Paying Nearly All China Tariff Costs, IMF Says

Companies in the U.S. are paying almost all the costs from Donald Trump's tariffs on Chinese imports, IMF…

Rihanna’s Fashion Label for LVMH Opens for Business in Paris

Rihanna revealed her first Fenty collection in Paris on Wednesday evening.

Victoria’s Secret Owner’s Results Give Street Some Relief

Shares of L Brands Inc., the parent company of Victoria's Secret, surged as much as 13 percent after the…

Nike’s Latest Sneakers Are Only Available on Fortnite Game

Nike Inc.'s newest sneaker release is entirely digital.

Mnuchin Says He Talked China Tariffs, Prices With Walmart CFO

Treasury Secretary Mnuchin said he spoke with Walmart CFO Brett Biggs after the exec said tariffs on Chinese…

Finally in Crosshairs of Trump’s Tariffs, Retailers Sound Alarm

After surviving a year mostly unscathed in President Trump's trade war, retailers are finally sounding the…