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Latest headlines for business news around the world.
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Retailers avoided a worst case scenario in Vietnam. But executives say Trump's trade deal could still hit consumers
Vietnam was the retail industry's backup plan when Trump first imposed duties on China, so some executives are relieved to see a potential deal with 20% levies. -
Airlines face investors after strong— but cheaper — July 4 holiday
Major airlines pulled their 2025 forecasts earlier this year, blaming economic uncertainty. -
Fourth of July barbeque prices have risen since Trump imposed tariffs, congressional analysis says
Americans may spend more on barbeque items such as beer and outdoor chairs at their Fourth of July celebrations this year, according to a congressional report. -
Top five tax changes for the wealthy in Trump's 'big beautiful bill'
Taxpayers earning $1 million or more are expected to see a boost in after-tax income of about 3% under Trump's megabill. -
Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty
Essence Fest kicks off on Friday, with roughly 500,000 people attending the event in New Orleans. It generates around $1 billion in economic activity. -
Trump's deportations are hurting Constellation Brands' beer sales
The brewer, which owns Modelo, Corona and Pacifico, says that roughly half of its beer sales come from Latinos in the U.S. -
New Stellantis CEO taps Kuniskis to oversee American brands, brings back SRT division
Tim Kuniskis was promoted to lead American brands and North American marketing for Stellantis. -
Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands
Constellation Brands missed Wall Street's estimates for quarterly earnings and revenue, as the Modelo owner saw lower demand and paid higher aluminum tariffs. -
Medicaid cuts in Trump's 'big beautiful bill' will leave millions uninsured, threaten rural hospitals
The bill would cut $1.1 trillion in health-care spending and result in 11.8 million people losing health coverage over the next decade, according to estimates. -
Ford sales jump 14% in the second quarter, well above industry forecast
Ford sales rose 14.2% during the second quarter over the year-earlier period, about 10 times the estimated 1.4% industry increase, the automaker said Tuesday.