Business

Crocs Are Shutting Down Their Manufacturing Plants And People Are Very Worried

The shoe company is shutting down their remaining two factories in Italy and Mexico . Its chief financial officer will also leave the company next year and...


Crocs closing manufacturing facilities but will keep making shoes

Chief Financial Officer Carrie Teffner will be replaced by Anne Mehlman. In a tweet shared Wednesday, the company said they "aren't going anywhere". The compa...


Tesla CEO Musk taunts short sellers amid legal scrutiny

Tesla declined to comment to both Reuters and Roadshow. Isaacs claims that Tesla's volatility on Wall Street after the Twitter storm has cost shareholders s...


China to slap additional tariffs on US$16 bln of United States goods

USTR Robert Lighthizer says, "The increase in the possible rate of the additional duty is meant to provide the administration with additional options to encoura...


Trump Threatens Tariffs on Canadian-Made Cars

USA and Mexican officials will continue to work on bilateral issues before their Canadian counterparts rejoin the discussions on modernizing the 24-year-old tra...


US, Mexico NAFTA negotiators to resume talks next week - minister

Canada, however, has yet to return to the NAFTA table this summer. Mexico's Economy Minister said on Friday that bilateral talks with the United States over t...


Trump doubles metal tariffs on Turkey as lira falls by 20%

For a start, investors are anxious that Turkish companies that borrowed heavily to profit from a construction boom may struggle to repay loans in dollars and eu...


Geely could spend $2B reinventing Lotus

Zhejiang Geely Holding Group is considering an investment of at least 1.5 billion pounds ($1.9 billion) to revive the British brand Lotus , according to peop...


Tesla's board seeking more information on Musk's financing plan

Nor has anyone stepped forward publicly - or privately - to say they're behind the plan. Those lingering questions, paired with a report from The Wall Street J...


Monsanto to appeal $289 million verdict that Roundup caused man's cancer

Dewayne Johnson was emotional after hearing the verdict. Hundreds of lawsuits claiming Roundup causes cancer have been given the green light to proceed to tri...


A mechanic dies after stealing a Horizon Airlines Plane

Flights from Sea-Tac were temporarily grounded but normal operations resumed around 9:30 p.m. There were no other passengers on the plane. Tonight, a 29-yea...


Trump Doubles Tariffs On Steel, Aluminum From Turkey

Those words will further alarm many investors, suggesting that Turkey will neither impose a conventional economic programme to protect its currency nor find a...


Turkish lira tumbles to fresh low

Together, that can weigh on the currency. Turkish President Erdogan urged all residents to rapidly convert dollars and other foreign currency into liras , ...


Why the Collapse of the Turkish Lira Matters

Consistently deteriorating relations between the USA and Turkey over recent years have risen to alarming levels, dealing a severe blow to both Turkey's econom...


United States securities regulator to decide on the fate of nine bitcoin ETFs

Earlier this month, legal expert Jake Chervinsky explained that the SEC has the regulatory freedom to push back the decision on the CBOE-backed Bitcoin ETF ...


BR Analysis. The most popular cryptocurrencies on August 8

XRP current price is $0.340770 with a marketcap of $13,392,208,591.00. Ethereum Classic is becoming a trending cryptocurrency after Coinbase launched ETC ...


Crowd of 40,000 throng IKEA Hyderabad store on first day

On its opening day, the store witnessed a stampede like situation as scores of people were waiting impatiently to take a sneak peek of the store. Store open thr...


Bird electric scooters arrive in Cleveland

The question of who made a decision to pull the plug triggered a several hours of confusion Wednesday. Plaza general manager Meredith Keeler first said in ane...


McDonald's offering chance to win McGold Card, free food for life

To enter, customers can either order a meal using the McDonald's app between August 10 and August 24, or enter via email, as the official rules stipulate that...


Trump doubles tariffs on Turkish steel and aluminum

Lower rates make lending less profitable for banks. The lira dropped by over 11 percent in value in one day on Friday morning to almost six lira per dolla...


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