Nike’s comeback bid threatened by inventory reset, tariffs
Company faces weak consumer spending and fallout from Trump’s escalating trade war. Read more at straitstimes.com.
Temu-Owner PDD’s Revenue Misses Estimates as Expansions Slow
PDD Holdings Inc.’s revenue grew at a slower-than-expected pace of 24% after intensifying domestic competition and US tariffs crimped its expansion.The e-commerce company reported revenue of 110.6 ...
Maryland governor announces budget framework deal with taxes, cuts
Maryland Gov. Wes Moore has announced an agreement on a state budget framework with the state’s Democratic leadership. The Democratic governor announced the plan on Thursday at a news conference, ...