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Economy

Economy

Kimberly-Clark to buy Kenvue in $48.7 billion deal

Kimberly-Clark said on Monday it will buy Tylenol maker Kenvue KVUE.N in a cash-and-stock deal valued at about $48.7 billion, to create…
Economy

Barbie, Monopoly toymakers see bright holiday season despite tariff pressure

President Donald Trump’s tariffs are hitting toy giants Mattel and Hasbro as the critical holiday season nears. Still, both companies see a…
Economy

Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

Target said Thursday that it is eliminating about 1,800 corporate positions in an effort to streamline decision-making and accelerate initiatives to rebuild…
Economy

Travis Kelce part of investor group aiming to revive struggling Six Flags

A group that includes activist investor Jana Partners and NFL player Travis Kelce says it has accumulated one of the largest ownership…
Economy

Trump’s Argentina beef import plan will harm U.S. ranchers, industry warns

The American cattle ranching industry is blasting President Donald Trump’s proposal to purchase beef from Argentina in an effort to lower supermarket…
Economy

X-ray tables, hidden cameras: The tech in rigged poker games linked to the mob and NBA

Card-reading contact lenses, X-ray poker tables, trays of poker chips that read cards, hacked shuffling machines that predict hands. The technology alleged…
Economy

Customers sue sneaker company On over shoes that cause ‘noisy and embarrassing squeak’

Customers of the athletic shoe company On have filed a class action lawsuit alleging that some of the brand’s sneakers squeak embarrassingly…
Economy

Giorgio Armani group names longtime executive Giuseppe Marsocci as CEO

MILAN — Giorgio Armani has appointed deputy managing director Giuseppe Marsocci as chief executive with immediate effect, the Italian fashion house said…
Economy

LendingTree founder and CEO Doug Lebda dies in ATV accident

LendingTree CEO and founder Doug Lebda died in an all-terrain vehicle accident over the weekend, the online loaning platform said Monday. In…
Economy

UPS is ‘disposing of’ U.S.-bound packages over customs paperwork problems

Thousands of U.S.-bound packages shipped by UPS are trapped at hubs across the country, unable to clear the maze of new customs…
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