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Large retailers urge Trump against China tariffs

WASHINGTON Several large retail companies, including Wal-Mart, Target, Best Buy and Macy's, are making a direct appeal to President Donald Trump not to impose massive tariffs on goods imported from China, in a letter sent to the White House on Monday.

Recent Business News

Exclusive: 'Where can I buy?' - Google makes push to turn product searches into cash

NEW YORK Alphabet Inc's Google routinely fields product queries from millions of shoppers. Now it wants to take a cut of their purchases, too.

12:57am EDT

EU lawmakers to investigate alleged misuse of Facebook users' data

BRUSSELS EU lawmakers will investigate whether the data of more than 50 million Facebook users has been misused, the head of European Parliament said on Monday.

Tech, Facebook 7:48am EDT

Alibaba doubles Lazada investment to $4 billion in aggressive Southeast Asian expansion

BEIJING/SINGAPORE Alibaba Group Holding Ltd said it will invest an extra $2 billion in Southeast Asian e-commerce firm Lazada Group and tapped a top executive to run the business, as it takes on rivals such as tech titan Amazon in an aggressive expansion in the region.

6:30am EDT

Toys 'R' Us stores may be closing, but name will live on

WILMINGTON, Del Barring a last-minute buyer, Toys 'R' Us will soon disappear from U.S. shopping centers, but the name and its iconic Geoffrey the Giraffe mascot are likely to survive for another generation of Toys 'R' Us kids.

7:57am EDT

Saudi Aramco seeks majority stake in Indian refinery: Economic Times

Oil giant Saudi Aramco is looking to buy a majority stake in a proposed refinery and petrochemical complex valued at 3 trillion rupees ($46.10 billion) in the western Indian state of Maharashtra, local daily Economic Times reported, citing people familiar with the matter.

7:41am EDT


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