A Kentucky Boy Mistakenly Orders Almost 70,000 Dum-Dums Lollipops
On Sunday morning, as Holly LaFavers was preparing to go to church, a delivery worker dropped off a 25-pound box of lollipops in front of her apartment building in Lexington, Ky. And…
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Amazon.com Inc
Trump Says He Will Put 100% Tariff on Movies Made Outside U.S.
President Trump said he would impose a 100 percent tariff on movies “produced” outside the United States, proclaiming in a social media post on Sunday that the issue posed a national…
China’s Garment Factories Face a Tipping Point After New Tariffs
Liu Miao has sold clothing on Amazon to wholesale buyers in the United States for the past five years. That trade has come to an abrupt stop. Mr. Liu owns a small factory in Guangzhou,…
Trump’s Tariff on Cheap Chinese Imports Will Cost Big Tech Billions
The expansion of the loophole for tariff-free shipments of goods nearly a decade ago gave rise to Temu, Shein and other low-cost online retailers offering items straight from Chinese…
Why Apple Warned About a $900 Million Tariff Hit
The worst is yet to come Wall Street had been anxiously awaiting the latest quarterly results from Amazon and Apple to see how badly the companies — of the so-called Magnificent Seven tech…
How a U.S. Tax Loophole Supercharged China’s Exports
When Congress raised the threshold for imported goods to enter the United States tax-free to $800 from $200 nearly a decade ago, it threw open the door to the American consumer market.…
Amazon Says Operating Profits May Decline Amid Economic Uncertainty
As much as Amazon may have wanted to dodge the spotlight in President Trump’s trade war, there was no avoiding it for America’s largest online retailer. First, the e-commerce company was…
UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come as President Trump’s tariffs are prompting some…
White House-Amazon Spat Culminates in Trump Calling Bezos ‘Very Nice’
President Trump’s 100th day in office started with what seemed to be a fresh and fast-escalating spat between the White House and Amazon. Karoline Leavitt, the White House press secretary,…
Amazon to Launch First Project Kuiper Internet Satellites: What to Know
The battle of billionaires in space between Jeff Bezos and Elon Musk is ready to enter a new arena: satellite internet. Amazon, the company that Mr. Bezos started as an online bookseller…