Strategy

Global Business

Latest Tariff Threat Could Be ‘Gut Punch’ for Apple

Analysts warn of a hit to earnings and iPhone demand if President Trump follows through with a 10% tariff on Chinese goods.
The Economy

GDP Growth Slows to 2.1% in Second Quarter

Consumers increased spending while exporters and manufacturers cut back.
The Economy

Key Investment Measure Surges 1.9% in June

"The trend in durable goods orders remains decidedly weak" amid worries about a global growth slowdown and trade tensions.
Strategy

Nissan to Cut 12,500 Jobs After Profit Plunge

The automaker is cutting 9% of its global workforce after reporting a 99% plummet in operating profit.
Strategy

eBay Matches Amazon With Logistics Option

A new eBay service will enable merchants to store inventory in strategically located warehouses, resulting in faster delivery times.
Tax

Tax Reform Spurs Major Unintended Consequence

Contrary to congressional intent, the Tax Cuts and Jobs Act has boosted multinationals' capital investments abroad more than at home.
Global Business

Alibaba Seeks Share of U.S. B2B E-Commerce

Alibaba's move to open its platform to U.S. sellers puts it "in direct competition with Amazon in the business-to-business online marketplace."
The Economy

U.S. Housing Starts Decline in June

The housing market continues to struggle despite lower mortgage rates.
Strategy

Gilead to Invest $5B in Galapagos Partnership

The deal expands Gilead's investment in the European biotech as it seeks to add assets to its drug portfolio.
Global Business

U.S. Trade Policy Fails to Reshore Manufacturing

Several government measures designed in part to bring manufacturing jobs back to the United States are having the opposite effect so far.
Global Business

China Posts Lowest Economic Growth in 27 Years

The country’s economy experienced a significant slowdown as it faces trade tensions with the United States.
The Economy

U.S. Producer Prices Rise 0.1% in June

The tepid gain in the PPE points to “relatively subdued inflation, as most of the increase was driven by volatile categories of goods and services.”
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