A cohort of panelists and audience members berated Pershing Square CEO Bill Ackman in a small session at the Milken Institute Global Conference this year for his opposition to DEI initiatives.
Tags: US
Shein Pushing for London IPO Launch Amid US Listing Hurdles
Chinese fast-fashion giant Shein is reportedly intensifying its efforts for a London stock market debut amid uncertainty on the likelihood of receiving approval from the US Securities and Exchange Commission.
US Federal Judge Overturns $8 Cap on Late Credit Card Fees
US District Court Fort Worth judge Mark Pittman blocked the new rule imposed by the Consumer Financial Protection Bureau capping credit card late fees at $8.
US Tariffs on Chinese EVs, Green Tech to be Announced Next Week, Reports Say
White House officials said the Biden administration would impose a massive tariff increase on Chinese electric vehicles in an announcement on May 14.
US Now Considers Sanctioning Chinese Banks Supporting Russia's Ukraine Invasion—Will This Work?
The U.S. government weighs sanctions targeting Chinese banks. Can this help stop Russia from invading Ukraine?
Latest News
Target announced that it was planning to reduce its LGBTQ+-themed merchandise in some of its stores for June’s Pride Month.
Initial jobless claims in the US have surged to their highest level since August 2023, indicating potential challenges in the strong labor market. Employers are increasing layoffs despite recent positive hiring trends.
A major American supermarket has requested customers to voluntarily return several cheese spreads due to concerns over salmonella contamination.
Google announced that they plan to leave its One Market Plaza office in San Francisco by April 2025 in order to consolidate its operations in the Bay Area at a smaller site nearby.
Canadian oil and energy company Enerplus reported an 18.6% revenue loss for its Q1 2024 report compared to figures at the same period last year.
Differences between Western nations led by the U.S. and China-aligned economic blocs threaten global trade cooperation and economic growth, as a top IMF official warned. Escalating tensions between Washington and Beijing could potentially cost the world's GDP up to 7%.
Data analysts from the German cybersecurity consultancy SRLabs said that a large network of fake online designer shops apparently operated from China have stolen money and personal data from over 850,000 people in Europe and the United States.
The United States has withdrawn several licenses that allow companies to move materials, such as semiconductors, to the sanctioned Chinese telecoms equipment manufacturer Huawei Technologies.
Musical instrument retailer Sam Ash announced it would be closing all of its stores by July 2024 after 100 years in the business.
