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Economy

62 posts
  • Economy

Target calls price hikes a ‘very last resort’ for offsetting tariffs as sales slump

  • May 21, 2025
  • Be On Top Invests
Raising prices on consumers to cover the costs of President Donald Trump’s tariffs will be Target’s ‘very last resort,’ CEO Brian Cornell said Wednesday. The remarks came as Target reported…
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  • Economy

A man once sued by the SEC wins Trump crypto contest to have dinner with the president

  • May 21, 2025
  • Be On Top Invests
We now know who won the contest to attend an intimate dinner with President Donald Trump by buying his cryptocurrency — and he’s a familiar face to Securities and Exchange Commission…
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Fanatics will host a skills challenge between fans and celebrities, with $2 million on the line

  • May 21, 2025
  • Be On Top Invests
Sports giant Fanatics is pitting fans against greats Tom Brady, Kevin Durant and Alex Rodriguez at an upcoming marketing event. The company announced Tuesday it is introducing a skills-based competition…
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  • Economy

Levi Strauss to sell Dockers to brand management firm Authentic Brands Group

  • May 20, 2025
  • Be On Top Invests
Levi Strauss has agreed to sell Dockers to brand management firm Authentic Brands Group for $311 million, the companies announced Tuesday.  Under the terms of the deal, Authentic will own Dockers’…
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Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion

  • May 20, 2025
  • Be On Top Invests
BEIJING — One Chinese baby products company announced Tuesday it is officially entering the United States, the world’s largest consumer market — regardless of the trade war. Shanghai-based Bc Babycare…
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  • Economy

Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal

  • May 17, 2025
  • Be On Top Invests
The Justice Department isn’t planning to prosecute Boeing in a case tied to two crashes of the aerospace giant’s 737 Max, a person familiar with the matter said, a tentative agreement that would…
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Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth

  • May 16, 2025
  • Be On Top Invests
Cava on Thursday reported better-than-expected sales in its latest fiscal quarter, shaking off the malaise the broader restaurant industry has felt as consumers have cut back on dining. The Mediterranean chain said…
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  • Economy

Nvidia says it is not sending GPU designs to China after reports of new Shanghai operation

  • May 16, 2025
  • Be On Top Invests
Nvidia said it won’t be sending graphics processing unit plans to China following a report that the artificial intelligence chipmaker is working on a research and development center in Shanghai in light of…
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  • Economy

Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team

  • May 16, 2025
  • Be On Top Invests
Reddit co-founder Alexis Ohanian has purchased a minority stake in Chelsea FC Women, giving him an ownership stake in two of the most-valuable teams in women’s sports. The founder of venture…
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  • Economy

‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots

  • May 16, 2025
  • Be On Top Invests
Bombas founder David Heath is stepping down from his role as CEO as the socks and apparel company looks to expand beyond its direct-to-consumer roots. Bombas President Jason LaRose, a…
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