Industry

DOGE's cost-cutting efforts under Elon Musk may end up costing U.S. taxpayers billions, experts warn.

Tariffs threaten the EV industry's growth, but Tesla and Volkswagen may gain an advantage with more American-made vehicles.

Shein and Temu raise prices as the U.S. ends a key tariff loophole for low-cost imports.

Trump signs executive order to fast-track U.S. deep-sea mining, aiming to compete with China's control of critical minerals.

Starbucks faces a lawsuit over claims it profited from forced labor on Brazilian coffee farms.

McDonald's brings back McCrispy Strips nationwide on May 5, rejoining the fast-food chicken battle.

Trump's meme coin, $TRUMP, surged by 58% after offering an exclusive dinner with the former president to top coin holders.

Southwest Airlines cuts flights and suspends its financial outlook as economic uncertainty weakens travel demand.

Apple and Meta fined nearly $800 million by the EU for breaking digital market rules under the Digital Markets Act.

Eli Lilly sues four companies for selling unapproved versions of its weight-loss drug tirzepatide, citing safety concerns and illegal practices.

Big Lots is reopening over 130 stores in May across 14 states after a major retail deal with Variety Wholesalers.

Swiss pharma giant Roche announces a $50 billion U.S. expansion, creating 12,000 jobs and boosting biotech in four states.

The FDA has paused its milk testing program after major staff cuts, raising concerns about national food safety.

Chipotle is set to open its first restaurant in Mexico by 2026, expanding despite ongoing US-Mexico trade tensions.

DOGE's Cost-Cutting Efforts Could Cost US Taxpayers Big Time: Report