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iPhone Prices Could Rise 20% Under Trump’s Plan

iPhone Prices Could Rise 20% Under Trump’s Plan

iPhone prices will rise significantly if Apple Inc.(NASDAQ: AAPL) assembles the smartphone domestically, according to Bank of America Merrill Lynch.On Saturday, President Donald Trump tweeted Apple should manufacture its products in the U.S. to avoi..

General Mills Announces Plan to Cut Jobs

General Mills Announces Plan to Cut Jobs

General Mills Inc. (NYSE:GIS), a maker of Cheerios cereal and one of the largest cold cereal producers in the U.S., announced on Wednesday that it will be cutting 625 jobs amid rising commodity and freight costs, as well as slowing sales of its Yopl..

PepsiCo Pre-Orders Tesla Semi Trucks

PepsiCo Pre-Orders Tesla Semi Trucks

PepsiCo, Inc. (NYSE: PEP) has been seeking ways to reduce fuel costs and fleet emissions by reserving 100 of Tesla Inc (NASDAQ: TSLA) new electric Semi trucks. For awhile now, Tesla has been trying to build an affordable electric big rig with c..

Kohl's Reported Worse-than-Expected Earnings, Shares Drop

Kohl's Reported Worse-than-Expected Earnings, Shares Drop

Kohl's Corporation (NYSE: KSS) reported worse-than-expected third-quarter earnings on Thursday. The results were influenced by higher costs and hurricanes. Shares of the company dropped 6.9% to $37.97 per share after the announcement.For the thi..

Costco to Pay Tiffany $19 Million for Selling Counterfeit Rings

Costco to Pay Tiffany $19 Million for Selling Counterfeit Rings

U.S. District Judge Laura Taylor Swain ruled on Monday that Costco Wholesale Corporation (NASDAQ: COST) is to pay Tiffany & Co. (NYSE: TIF) $11.1 million in trebled profits plus interest, as well as $8.25 million in punitive damages.Swain&r..