A recent decision by a U.S. trade court has caused a major shift in trade policies, dealing a setback to former President Donald Trump’s use of tariffs as a tool in international negotiations. The court ruled that Trump had exceeded his authority by imposing broad tariffs under a law meant for national emergencies. This decision …
Zoox, the self-driving car company owned by Amazon, has announced another software recall this month. This is the second time in May that the company has had to update its software after one of its driverless vehicles was involved in a crash. The latest incident happened in San Francisco when a Zoox robotaxi hit an …
The popular online fashion store Shein has announced plans to conduct more safety tests on its products after the European Union raised concerns about dangerous items being sold on its platform. The EU warned that Shein could face fines if it does not fix the problem. The company has promised to carry out 2.5 million …
Victoria’s Secret, a well-known clothing and lingerie brand, recently faced a security issue that forced the company to temporarily shut down its website and some in-store services. The company confirmed the problem in a statement, saying they were working to fix it. A spokesperson explained that they noticed the security incident and quickly took action …
Nissan, the Japanese car company, is planning to raise over $7 billion to help its business grow and stay strong. According to reports, the company is looking at different ways to get this money, including loans, selling parts of its business, and getting help from the British government. One of the biggest parts of this …
The Trump administration is planning to review federal funding given to Harvard University, which could lead to a loss of around $100 million for the prestigious school. This move is part of an ongoing disagreement between the White House and Harvard, one of America’s oldest and most famous universities. A senior White House official said …
Texas is close to passing a new law that will make big tech companies check the age of people using their app stores. If the governor signs the bill, Apple and Google will have to make sure that anyone under 18 gets permission from their parents before downloading apps or buying things inside those apps. …
Adidas has announced that it experienced a cyber attack where hackers stole some customer data. The company shared this news in a statement on its website, explaining that the stolen information mostly includes contact details of people who had interacted with its customer service team. However, the good news is that sensitive details like passwords, …
PDD Holdings, the company that owns the popular shopping app Temu, saw its stock price fall by more than 13% after announcing weaker-than-expected earnings for the first quarter of 2025. Investors were unhappy because the company’s profits and revenue were much lower than what experts had predicted. The company reported earnings per share (EPS) of …
Target, a popular US retail store, has reported a big drop in sales. The company says this is because of new trade taxes (called tariffs) and other challenges. Sales fell by 5.7% in the last three months. Target also faced problems after it stopped some diversity and inclusion programs. Why Are Sales Down?Target sells things …
Apple has officially announced that its Worldwide Developers Conference (WWDC25) will take place from June 9 to 13. This free, all-online event promises an exciting week packed with the latest advancements in Apple technology, tools, and platforms. Developers from around the globe will tune in to connect with Apple engineers, designers, and product experts, gaining …
The Federal Trade Commission has officially abandoned its attempt to block Microsoft’s $69 billion acquisition of Activision Blizzard, marking the end of one of the most high-profile antitrust challenges initiated during the Biden administration. In an order issued Thursday, the FTC stated that it would dismiss the case, concluding that “the public interest is best …
Newark Liberty International Airport has had a very tough month. Many flights have been delayed or canceled because of problems with the airport’s communication and radar systems. Air traffic controllers, the people who guide planes safely in the sky, say these issues started because of a plan made during former President Donald Trump’s time in …
Many US companies that import goods from China are quickly turning their warehouses into special "bonded" storage spaces. These bonded warehouses allow them to delay paying high tariffs set by former President Donald Trump. The companies hope these tariffs won’t last long, but for now, they need a way to save money while storing their …
