Month March 2025

The No. 2 toy company in the U.S. is dealing with tariffs by shrinking its manufacturing operations and leaning into movies starring its biggest brands, chief executive Ynon Kreiz said at an investment conference on Thursday. “We used to be…

Roomba vacuum cleaner maker iRobot, a former $1.4 billion buyout target of Amazon, raised concerns on Wednesday about its ability to stay in business. Shares of the company fell more than 35%, extending a multi-year decline from its pandemic-era peak.…

Chinese officials gave Walmart a dressing-down this week and warned of legal consequences after the retailer reportedly pressured China-based suppliers to bear the cost of tariffs, according to a report. Authorities summoned Walmart executives to meet with them on Tuesday…

Struggling chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18, more than three months after the it ousted company veteran Pat Gelsinger. Tan, a longtime technology investor with more than 20 years of industry…

Travelers who claim to be loyal customers of Southwest are sounding off after the airline announced changes Tuesday to its popular passenger perk. The Texas-based carrier revealed several changes are being made in an effort to drive revenue growth and…

Marking a Midtown office-market milestone, State Bank of India leased nearly 42,000 square feet on three floors of 425 Park Ave. — bringing the tower to 100% full. It’s a triumph for developer L&L Holdings, which with its financial partners…

Commerce Secretary Howard Lutnick said President Trump’s tariffs are “worth it” — even if they trigger a recession.  Economists have warned that the president’s stiff tariffs on Canada and Mexico, which are on a 30-day pause, his 20% levy on…

Executives from United Airlines and Delta Air Lines on Tuesday weighed in on rival Southwest Airlines making a major change to its checked bag policy. Southwest announced it will end its long-standing policy of free checked bags beginning in May.…

Representatives of President Trump’s family have held talks to take a financial stake in the US arm of crypto exchange Binance, the Wall Street Journal reported Thursday. Binance’s billionaire founder Changpeng Zhao has been pushing for the Trump administration to grant him…

NPR urged its longtime host, Ari Shapiro, one of its most visible gay employees, not to attend a Pride event – and later reversed the decision after the email leaked to many newsroom staffers and media outlets, according to a…