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Business

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Amid retail slowdown, Dick’s Sporting to acquire Foot Locker
Dick's Sporting to buy Foot Locker for $2.4 billion

CORAOPOLIS, Pennsylvania: Dick's Sporting Goods is set to acquire Foot Locker in a US$2.4 billion deal, marking the second major footwear...

Walmart warns shoppers of price hikes amid rising tariffs
Walmart shoppers to face price hikes as Trump tariffs hit

BENTONVILLE, Arkansas: Walmart shoppers are bracing for price hikes as the world's largest retailer prepares to pass on the impact...

Tyson CEO says cattle supply recovery underway
US ranchers begin rebuilding herd after 74-year low

CHICAGO, Illinois: U.S. cattle farmers have either started rebuilding their herds or are close to it, according to Tyson Foods CEO...

Tariff threat pushed US smartphone shipments up by 30% in March
US smartphone shipments rose 30% in March due to tariff concerns

WASHINGTON, D.C.: Smartphone shipments to the United States jumped 30 percent in March as manufacturers including Apple, Samsung, and...

Kraft Heinz to invest $3 billion in US plants despite gloomy outlook
Kraft Heinz investing $3 billion upgrading US manufacturing

CHICAGO, Illinois: Kraft Heinz is committing US$3 billion to revamp its U.S. manufacturing plants, marking its largest investment in...

Sweden backs EU entry into Pacific trade bloc
Sweden to propose EU membership of Pacific rim free trade group CPTPP

STOCKHOLM, Sweden: Sweden plans to propose that the European Union join the Pacific Rim trading bloc, the CPTPP, aiming to create the...

United States

Section
Bipartisan Group of U.S. Senators Urges Trump Administration to Press for End to Gaza Blockade
U.S. Senators Call for End to Gaza Blockade

WASHINGTON, DC - A coalition of 29 U.S. senators, spanning both parties, introduced a resolution on Thursday calling on the Trump administration...

Amid retail slowdown, Dick’s Sporting to acquire Foot Locker
Dick's Sporting to buy Foot Locker for $2.4 billion

CORAOPOLIS, Pennsylvania: Dick's Sporting Goods is set to acquire Foot Locker in a US$2.4 billion deal, marking the second major footwear...

Citadel CEO to loan rare US documents for public exhibit
Citadel CEO honors Constitution ahead of America's 250th anniversary

MIAMI, Florida: Ken Griffin, the CEO of Citadel and a billionaire investor announced this week he would loan his rare first-edition...

UnitedHealth CEO returns with $1 million salary
UnitedHealth's CEO Hemsley to get $1 million annual base pay

Minnetonka, Minnesota: Stephen Hemsley, the 72-year-old former CEO of UnitedHealth Group, is returning to lead the company during a...

Goldman Sachs fined $1.45 million for trade reporting failures
Goldman Sachs fined for failing to properly report billions of trades

NEW YORK CITY, New York: Goldman Sachs has agreed to pay a US$1.45 million civil penalty to resolve allegations from the Financial...

Firefighters’ union demands probe into soaring fire truck costs
As fire truck prices hit $2 million, US firefighters demand probe

WASHINGTON, D.C.: The largest firefighters' union in the United States is calling for federal antitrust authorities to investigate...