Shein IPO: Lawmakers scrutinize forced labor
Lawmakers are ramping up their scrutiny of Shein after it confidentially filed to go public last week.One congressman who sits on a key committee is even threatening to pursue legislation…
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Breaking News: Business
Alaska-Hawaiian airline merger faces Justice Department scrutiny
An Alaska Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022.Joshua Roberts | ReutersAlaska Air Group's…
TikTok is driving spending for women in their 20s
Young people using cellphones.Filippobacci | E+ | Getty ImagesGen Z women are driving spending trends on TikTok.Women in their 20s spend more time on the short-form video app than male…
Alaska Airlines to acquire Hawaiian Airlines in $1.9 billion deal
Alaska Air Group has agreed to buy rival Hawaiian Airlines in a $1.9 billion deal, setting up another potential regulatory battle in the second proposed airline merger in less than two…
What strong Black Friday retail sales mean for holiday spending
Shoppers walk around Twelve Oaks Mall on November 24, 2023 in Novi, Michigan. Emily Elconin | Getty ImagesRetailers are cheering after shoppers spent big on gifts and decor in the days…
Charlie Munger’s wisdom and irreverence: Investors mourn a legend
Charlie Munger at Berkshire Hathaway's annual meeting in Los Angeles California. May 1, 2021.Gerard MillerAs Charlie Munger's admirers around the globe mourn the loss of one of the most…
Amazon buys SpaceX rocket launches for Kuiper satellite internet project
A Falcon 9 rocket launches a Starlink mission on January 31, 2023 from Vandenberg Space Force Base in California.SpaceXAmazon bought three rocket launches from SpaceX for its Project…
Pfizer to discontinue twice-daily version of weight loss pill
Pfizer on Friday said it would stop developing the twice-daily version of its experimental weight loss pill after obese patients taking the drug lost weight but had trouble tolerating the…
‘You barely knew what we were actually selling’
Richard Dickson, CEO of Gap Inc.Courtesy: Gap Inc.New Gap CEO Richard Dickson has spoken about his experience upon joining the struggling company from toy business Mattel in August."You…
Munger and Buffett were unable to pull off one last deal together
JOHANNES EISELE | AFP | Getty ImagesCharlie Munger didn't manage to help pull off one final deal with his lifelong partner Warren Buffett, but he remained hopeful that Berkshire Hathaway,…