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Pershing Square Buys Amazon Stake After 31% Stock Price Drop

Bill Ackman鈥檚 Pershing Square Capital Management built a new stake in Amazon, noting that the investor acquired shares at an 鈥渆xtremely attractive鈥 price.

May 23, 2025

JBS Vote Spurs SEC Probe Request From Rand Paul

Shareholders in Brazil鈥檚 JBS, which has beef, chicken and pork operations stretching from Colorado to New Zealand, will meet on May 23 to vote on the plan to sell shares in New York.

May 19, 2025

Walmart Says It Will Raise Prices Due to Tariff Costs

Walmart鈥檚 first-quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.

May 15, 2025

Beef Losses Deepen as Tyson Battles Cattle Crunch

The company's shares slumped the most since 2023 as investors shrugged off stronger-than-expected quarterly earnings to focus on deepening losses at its beef business.

May 5, 2025

Amazon Projects Lower Q2 Profit Than Expected Due to Tariffs

Amazon gave a weaker-than-expected forecast for operating profit in the current quarter, pointing toward tariffs and trade policies that may cause consumers to pull back on spending.

May 1, 2025

Amazon Plans Dozens of US Warehouses in Rural Expansion

Amazon.com plans to build dozens of warehouses to serve rural areas in the U.S. before the end of next year, growing its footprint as the company works to rely less on other carriers.

April 30, 2025

Amazon Denies Tariff Label Plans After White House Criticism

Amazon said April 29 it never planned to widely display the cost of President Donald Trump鈥檚 tariffs on products after the White House blasted the reported move.

April 29, 2025

UPS Plans 20,000 Job Cuts This Year in Pullback From Amazon

UPS expects to cut 20,000 jobs this year and close dozens of facilities as it dramatically reduces shipments for e-commerce giant Amazon.

April 29, 2025

Hydrogen Maker Plug Power Makes $525 Million Debt Deal

Plug Power announced a $525 million secured debt facility, and said it completed construction of a hydrogen production plant in Louisiana.

April 28, 2025

Trump鈥檚 Tariffs Set to Unleash Supply Chain Jolt on Economy

Since the U.S. raised levies on China to 145% in early April, cargo shipments have plummeted. That drastic reduction in goods hasn鈥檛 been felt by many Americans yet, but that鈥檚 about to change.

April 28, 2025