Tapestry, the parent company of Coach and Kate Spade, sees shares plunge as tariffs threaten profits despite strong sales trends. CFO Scott Roe discusses the impact of rising costs and strategic adjustments.
In a significant legal twist, a federal appeals court has allowed the Trump administration to cut billions in foreign aid, overriding a previous court's decision. This ruling has sparked debates on the constitutionality of such funding cuts.
Explore the intense struggle for control over Rubaya's coltan mines, where M23 rebels seize profits amidst a humanitarian crisis. The U.S. is pushing for peace, but will it hold?
Spirit Airlines, struggling to return to profitability since its 2019 bankruptcy, is facing tough choices ahead. With staffing cuts and reduced flight capacity, analysts suggest a possible merger with Frontier could be on the horizon.
In a recent Q&A at the Locarno Festival, Jackie Chan expressed his concerns about Hollywood's obsession with profit, claiming it's harming the quality of modern filmmaking. He shared insights from his career and the importance of cinema craft.
Jamnagar, once in the spotlight for a celebrity wedding, is now at the center of a geopolitical crisis as U.S. tariffs on Indian oil test the limits of U.S.-India relations. The region's key refineries, led by Mukesh Ambani's Reliance Industries, face scrutiny amid rising tensions over Russian oil imports.
HSBC's pretax profit dropped 26% in the first half, signaling challenges ahead for CEO Elhedery as losses mount in China. The bank restructures to adapt to changing markets amid a struggling property sector.
UnitedHealth Group faces a crisis with a cyberattack, federal investigations, and a leadership change. Can new CEO Stephen Hemsley restore investor confidence and improve profits?
Asian shares dipped from record highs as profit-taking set in ahead of significant economic events next week, including Trump's tariff deadline and central bank meetings. Investors are anxious about political shifts in Japan and potential impacts on global markets.
Tesla's recent earnings call raised eyebrows as CEO Elon Musk focused on future AI and robotics ambitions while ignoring declining car sales and profits. With analysts divided, what's next for Tesla?