Tesla’s first-quarter 2025 earnings fell 71%
Following a 20% decline in its automotive revenue, Tesla's net profit dropped 71% to $409 million in the first quarter...
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Alsea signs an agreement with Chipotle to open locations in Mexico
Mexican firm Alsea said Monday it signed an agreement with U.S.-based Chipotle Mexican Grill to open restaurants in Mexico and...
Walgreens to pay $300 million in the US opioid settlement
Walgreens has agreed to pay $300 million to resolve accusations by US authorities that it fraudulently filled millions of invalid...
Pope Francis died at the age of 88
Pope Francis, history's first Latin American pontiff, died on Monday. He enchanted the world with his humble attitude and care...
Banorte purchases Rappicard for $50 million; will have brand exclusivity for 15 years
Grupo Financiero Banorte stated that it had bought all of the shares of TDF, Rappicard's parent business. According to a...
Shein and Temu will boost prices under pressure from Trump’s trade restrictions
Temu, a Chinese online marketplace, and Shein, a fast-fashion retailer, will hike their prices next week as President Trump's crackdown...
Tariffs may cost chip equipment producers more than one billion dollars
President Donald Trump's new tariffs may cost semiconductor equipment manufacturers more than $1 billion a year, according to industry estimates...
Prada buys Versace for roughly $1.4 billion after Trump’s tariffs almost ruined the acquisition
Luxury fashion firm Prada Group has reached an agreement with Capri Holdings to acquire designer label Versace for $1.38 billion,...
Chinese companies start raising pricing on Amazon
China's Anker, one of Amazon's biggest sellers of power banks and phone cases, has raised prices on a fifth of...
General Motors suspends production at its Canadian factory
General Motors (GM) has announced that it will cease operations at one of its Canadian assembly factories until October, resulting...
