A strong May for U.S. equities is closing on a sour note, after President Donald Trump accused China of "totally" breaching a tariff agreement, raising new fears over trade disputes.
The wholesale chain indicated that it will maintain its prices for now, a move that contrasts with several competing retailers, such as Walmart, which are also adopting this approach.
he company grew from a 17th-century fur trading company into a major Canadian retail chain, before struggling with changing consumer behavior and closures in recent years.
Wall Street charged higher Tuesday, with U.S. equities posting broad-based gains by midday as investors embraced a risk-on mood, spurred by easing Treasury yields and renewed optimism surrounding trade talks between the U.S. and the European Union.
Diageo plc (DEO) reports steady growth in Q3 fiscal 2025, led by strong performance in North America and Latin America. On track to meet fiscal 2025 outlook despite new tariffs.
The full impact of tariffs — including shifts in consumer buying habits and pressure on corporate balance sheets — is expected to unfold gradually over several months.
The latest ruling is part of a retrial. Zest first sued Walmart in 2018 for unfairly copying its food preservation tech, and won a $115 million award in 2021.
