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Business

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Amid retail slowdown, Dick’s Sporting to acquire Foot Locker

Dick's Sporting to buy Foot Locker for $2.4 billion

CORAOPOLIS, Pennsylvania: Dick's Sporting Goods is set to acquire Foot Locker in a US$2.4 billion deal, marking the second major footwear...

Walmart warns shoppers of price hikes amid rising tariffs

Walmart shoppers to face price hikes as Trump tariffs hit

BENTONVILLE, Arkansas: Walmart shoppers are bracing for price hikes as the world's largest retailer prepares to pass on the impact...

Tyson CEO says cattle supply recovery underway

US ranchers begin rebuilding herd after 74-year low

CHICAGO, Illinois: U.S. cattle farmers have either started rebuilding their herds or are close to it, according to Tyson Foods CEO...

Tariff threat pushed US smartphone shipments up by 30% in March

US smartphone shipments rose 30% in March due to tariff concerns

WASHINGTON, D.C.: Smartphone shipments to the United States jumped 30 percent in March as manufacturers including Apple, Samsung, and...

Kraft Heinz to invest $3 billion in US plants despite gloomy outlook

Kraft Heinz investing $3 billion upgrading US manufacturing

CHICAGO, Illinois: Kraft Heinz is committing US$3 billion to revamp its U.S. manufacturing plants, marking its largest investment in...

Sweden backs EU entry into Pacific trade bloc

Sweden to propose EU membership of Pacific rim free trade group CPTPP

STOCKHOLM, Sweden: Sweden plans to propose that the European Union join the Pacific Rim trading bloc, the CPTPP, aiming to create the...

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