HONG KONG — Shares in online fast-fashion retailer Shein fell 8% in their first day of Hong Kong trade on Tuesday, with investors worried about the impact of setbacks that long delayed its listing and have undermined its competitive advantages. Known globally for selling $5 tops and $10 dresses, Shein has been humbled by tariff
Panda Express is famous for its orange chicken. But the founders of the iconic fast-casual Asian chain also want to be known for something else: helping their workers realize the American dream. “I always believe that when you do well, you know, personally, then you can go out and take care of other people,” said
House and Senate Republicans on Friday criticized President Donald Trump’s decision to suspend tariffs on ground beef imports, with lawmakers from agricultural states decrying the impact Trump’s decision will have on farmers. Nebraska’s GOP senators, Deb Fischer and Pete Ricketts, said in separate posts on X that Trump’s decision was unwise. “I’m extremely disappointed by
For a rocket company, SpaceX is spending a lot of money to build out its AI capacities. Too much, according to investors. The company reported revenue in its first quarterly update as a public company that surpassed analysts’ expectations. Most of its revenue came from its Starlink satellite offering. But investor focus turned to capital
New York’s attorney general sued prediction market operator Kalshi on Friday, claiming that its platform violates state laws against illegal gambling. In a petition filed in a state court in Manhattan, Attorney General Letitia James said Kalshi failed to obtain a New York State Gaming Commission license to operate its platform, where people trade based
Farah Berent, a teacher in Michigan, used to learn about politics from channels like ABC, CBS and CNN. But that changed as she decided that coverage of the war in Gaza was irreparably biased. “I couldn’t stand all the lies on the stations,″ she said, arguing that there wasn’t enough attention being paid to Palestinian
Two months after a major shake-up, CBS’ “60 Minutes” has hired a lineup of new correspondents and contributors in time for its 59th season, including Ross Douthat, a conservative opinion columnist at The New York Times, and Norah O’Donnell, former anchor of “CBS Evening News.” The show’s new executive producer, Nick Bilton, announced the news
A major new bridge linking Canada and the U.S. at Detroit opened Monday to trucks, cars and other vehicles, the climax of a yearslong project that lately had been bruised a bit by international politics. Descendants of Gordie Howe, the hockey legend whose name is on the bridge, were among the first to cross over
Telemundo’s coverage of elite, global soccer won’t end after the World Cup final. Telemundo has acquired the Spanish-language broadcast rights in the U.S. for all UEFA men’s club competitions for three seasons, beginning in 2027-28, the company announced Sunday. The deal will bring live coverage of every match in the Champions League, the European tournament
LONDON — Scotland fans famously drank Boston dry. But while the team’s exploits on the field could not match the success of its supporters, pubs in England — some of which are struggling financially — have been boosted by the boon in beer sales from the team’s run to the World Cup semifinals. England plays