For the first time, Shake Shack, the fast-casual burger chain, is getting into the loyalty game to ramp up business with economic uncertainty looming.  Starting Wednesday, the burger chain, founded by renowned New York City restaurateur Danny Meyer, said customers will be able to get any size soft drink for…

Victoria’s Secret’s website went dark on Wednesday after a “security incident” prompted the company to completely shut down U.S. online operations. Customers clicking onto the world’s largest lingerie retailer’s website were met with a black screen featuring a message sprawled across the center of the page. CYBERATTACK AT SOFTWARE GIANT…

American lobsters could get shipped to the European Union (EU) tariff-free amid the U.S. and the EU’s ongoing discussions on trade.  The U.S. and EU have been negotiating a deal to address tariffs and, according to the Financial Times, the European Commission is amenable to including such a measure in it. The…

The U.S. Court of International Trade ruled Wednesday that President Donald Trump overstepped his authority over tariffs under the International Emergency Economic Powers Act (IEEPA). “The Constitution assigns Congress the exclusive powers to ‘lay and collect Taxes, Duties, Imposts and Excises,’ and to ‘regulate Commerce with foreign Nations,’” the court…

E.l.f. Beauty recently signed a definitive agreement to acquire celebrity skincare brand Rhode, founded by Hailey Bieber, in a $1 billion megadeal. The agreement includes $800 million of consideration payable at closing in a combination of cash and stock, subject to customary adjustments, and an additional potential earnout consideration of…

Tech giant Nvidia reported its first-quarter earnings on Wednesday, beating analysts’ expectations, though it projected second-quarter sales below estimates amid tightening export controls to China that cover some of its AI chips. Nvidia, a leader in the artificial intelligence (AI) space, saw shares rise 3% in after-hours trading following the…

Chevron has terminated the oil production, service and procurement contracts it had to operate in Venezuela, delegating its joint-venture governance to its partner, state company PDVSA, but it plans to retain its direct staff in the country, four sources close to the decisions told Reuters. The State and Treasury departments…

House Republicans’ proposal to implement stricter Medicaid work requirements is designed to strip out waste, fraud and abuse from the widely used healthcare program, but the changes could see millions of Americans booted from their benefits in the process.  The Republican-controlled Congress and the White House are mulling work requirements…

Vice President JD Vance on Wednesday delivered remarks at a bitcoin conference to highlight the Trump administration’s policies related to cryptocurrency and digital assets. Vance attended the Bitcoin 2025 Conference in Las Vegas and highlighted how President Donald Trump and his administration are taking a more favorable approach to the emerging digital…

Macy’s executives warned on Wednesday that the retailer will raise the prices of select products due to global tariffs. CEO Tony Spring, who took over last year to lead the company’s turnaround, said during an earnings call on Wednesday that the company is reducing its exposure to China, renegotiating orders…