Browsing: Business

The U.S. job market is showing renewed signs of weakness, with middle-class manufacturing employment facing mounting pressure amid high operating costs and subdued hiring. Recent government data and industry assessments highlight a sharp decline in factory job creation, closely linked

U.S. federal agents detained nearly 500 workers in a large-scale immigration raid at Hyundai Motor Group’s electric vehicle and battery complex in Ellabell, Georgia, marking the country’s largest single-site enforcement action in recent years. The operation, carried out on September

U.S. President Donald Trump said Friday that his administration will impose new tariffs on semiconductor imports from companies that do not shift their manufacturing operations to the United States. The move, revealed during a White House dinner with technology executives,

John Deere is confronting mounting operational and financial pressure as U.S. tariffs and declining farm equipment demand take a significant toll on the company’s performance. The Illinois-based manufacturer, considered a cornerstone of American agricultural machinery, now faces one of its

Macy’s Inc. shares soared 20 percent on Tuesday after the department store chain delivered second-quarter results that beat Wall Street expectations and posted its first increase in comparable sales in three years. The New York-based retailer also raised its full-year

Global trade dynamics are undergoing a seismic shift as the United States, under President Donald Trump, intensifies tariff measures that are straining relations with major economic powers. The latest escalation involving India, one of the world’s fastest-growing economies, highlights how

Shares of Alibaba Group surged nearly 19 percent in Hong Kong trading on Monday, September 1, following stronger-than-expected growth in its cloud computing business and reports of a domestically developed artificial intelligence chip. The rally helped lift emerging market equities,

U.S. spirits giant Brown-Forman reported a sharp 62 percent decline in Canadian sales of its flagship brand Jack Daniel’s, attributing the drop to a widespread boycott of American alcoholic beverages across Canada. The impact, disclosed during the company’s quarterly earnings report on August

Top executives at Canada’s largest banks delivered a unified message of caution during third-quarter earnings calls held this week, highlighting how unresolved global trade tensions and shifting monetary policies are weighing on the economic outlook. Despite delivering stronger-than-expected profits, the

Best Buy Co. Inc. reported stronger-than-expected earnings for its fiscal second quarter on Wednesday, with revenue and profits exceeding Wall Street estimates as demand for technology products showed signs of stabilizing. Despite the improved performance, the company maintained its full-year