Levi Strauss raised its full-year guidance Thursday and said it’s working to absorb some of the costs it’s facing from higher tariffs, but that could change as President Donald Trump’s trade policy evolves. The denim maker doesn’t disclose its key manufacturing hubs, but much of its supply comes from Southeast Asia. Many countries in the […]
Levi Strauss (LEVI) earnings Q2 2025 Read More »
The Food and Drug Administration will consider drug affordability when granting companies new vouchers that speed up approvals of some treatments, the agency’s Commissioner Marty Makary told CNBC on Friday. The FDA in June announced a national priority voucher plan that aims to cut drug review times to one-to-two months for companies it says are
FDA to consider drug affordability when speeding up approvals: Makary Read More »
General atmosphere during an IMAX private screening for the movie “First Man” at an AMC theater in New York City on Oct. 10, 2018. Lars Niki | Getty Images Entertainment | Getty Images More than a year before “F1: The Movie” would eventually hit theaters, Apple struck a deal with IMAX. The studio secured the
IMAX capitalizes on Hollywood’s box office rebound Read More »
7-Eleven to celebrate 98th birthday with free Slurpees, tongue tattoos KTLA WHO’s ‘3 by 35’ initiative targets tobacco, alcohol and sugary drinks Indian Express Climate/Environment It’s been moist – but how moist? Balanced Weather U.S. rocked by four 1-in-1,000-year storms in less than a week NBC News Floods and droughts in Texas Moving Day Abbott
Links 7/11/2025 | naked capitalism Read More »
Meta CEO Mark Zuckerberg and Square CEO Jack Dorsey. Manuel Orbegozo | Handout | Reuters A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Even as tax changes may reduce giving by
How Iconiq, wealth firm backed by Zuckerberg, brings rich donors together Read More »
This has little to do with trade — in fact, the US had a $6.8 billion annual trade surplus with Brazil last year — and everything to do with geopolitics. On Wednesday, Brazil became the latest in a growing list of countries to receive a threatening letter from Donald J Trump. Brazil, the letter warned,
Trump Just Did Lula a Massive Favour With His 50% Tariff Against Brazil Read More »
Kansas City Chiefs quarterback Patrick Mahomes has added “coffee entrepreneur” to his already packed resume. The three-time Super Bowl champion has invested in Throne Sport Coffee, adding to the 29-year-old superstar’s portfolio off the field. As his Chiefs and the rest of the NFL gear up for the upcoming season, Mahomes spoke to CNBC about
Patrick Mahomes talks Throne Coffee investment, 18 game NFL season Read More »
A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters The newest hire at Goldman Sachs isn’t human. The bank is testing an autonomous software engineer from artificial intelligence startup Cognition that is
Goldman Sachs autonomous coder pilot marks major AI milestone Read More »
Yves here. Your truly is of two minds about the worked example in this post, of a cheap Shein dress from China and how Trump starting to close the de minimus loophole will affect that. Mind you, this piece only addresses the financial cost to consumers, and not the additional hassle, which I assume entails
Yves here. It should come as no surprise that large food companies, even ones that sport organic product lines, care more about cost minimization than farming conditions. This of course is typical neoliberal short-sightedness and corporate short-term return incentives writ large. The reason this matters is food, more so than ever in the modern era,
Food Giants Graded a “D” on Sustainable Farming Practices Read More »
