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May 9, 2025

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Category: Business

  • Business
1 week ago

The trucking industry hits the brakes with tariffs set to dent imports

U.S. trucking is heading for a slowdown, with industry players fearing the “worst is yet to come” as tariffs start to crimp imports. Trucking volumes have plunged to near pre-pandemic levels, according to Craig Fuller, founder of the logistics industry publication FreightWaves. “With imports deteriorating, volumes are expected to fall by another 3-4% over the…

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admin07 mins
  • Business
2 weeks ago

Inside the $1 billion berry startup backed by Ray Dalio’s family office

Berry unicorn startup Fruitist has surpassed $400 million in annual sales, thanks to the success of its long-lasting jumbo blueberries. The company, which was founded in 2012, announced on Tuesday that it is changing its name from Agrovision to Fruitist. It previously only used the name for branding its consumer products, which also include raspberries,…

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admin09 mins
  • Business
2 weeks ago

California homeowners allege home insurance companies colluded to deny coverage

LOS ANGELES — A group of California homeowners is taking on insurance companies that they say illegally coordinated to deny coverage to fire-prone areas, leaving thousands of displaced residents drastically underinsured as they fight for funding to rebuild. The homeowners, many of whom were affected by the recent wildfires that torched large swaths of Los…

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admin05 mins
  • Business
2 weeks ago

Starbucks imposes new limits on what baristas can wear under their green aprons

Starbucks is imposing new limits on what its baristas can wear under their green aprons. Starting May 12, employees will be required to wear a solid black shirt and khaki, black or blue denim bottoms. Shirts can be short- or long-sleeved and collared or collarless, the company said in a memo released Monday. Starbucks will give…

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admin04 mins
  • Business
2 weeks ago

Google forcing some remote workers to come back 3 days a week or lose their jobs

Five years removed from the onset of the Covid pandemic, Google is demanding that some remote employees return to the office if they want to keep their jobs and avoid being part of broader cost cuts at the company. Several units within Google have told remote staffers that their roles may be at risk if they don’t start showing…

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admin08 mins
  • Business
2 weeks ago

Boeing CEO says China has stopped taking its aircraft amid trade war

Boeing could hand over some of its aircraft that were destined for Chinese airlines to other carriers after China stopped taking deliveries of its planes amid a trade war with the United States. “They have in fact stopped taking delivery of aircraft due to the tariff environment,” Boeing CEO Kelly Ortberg told CNBC’s “Squawk on the Street” on…

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admin03 mins
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