The Horn News

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President Trump warns Walmart: Don’t raise prices

President Donald Trump on Saturday ripped into Walmart, saying on social media that the retail giant should eat the additional costs created by his tariffs. As Trump has jacked up import taxes, he has tried to assure a skeptical public that foreign producers would pay for those taxes and that… Read More

Trump’s “big, beautiful bill” advances with huge price tag

House Republicans pushed forward President Donald Trump’s massive tax and spending package Sunday night despite serious concerns about its impact on the federal deficit. The bill cleared a key hurdle in the House Budget Committee with a 17-16 party-line vote, setting up a potential floor vote before Memorial Day. The… Read More

Trump’s controversial “big, beautiful bill” could fail

President Donald Trump’s comprehensive legislative package faces a precarious vote in the House Budget Committee on Friday, with at least three Republican committee members publicly stating they will vote against the multitrillion-dollar bill in its current form. Hard-liner conservative Reps. Ralph Norman of South Carolina, Andrew Clyde of Georgia, and… Read More

Dick’s Sporting Goods to buy shoe chain Foot Locker for $2.4 billion

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with uncertainty over U.S. President Donald Trump’s tariffs. Dick’s said Thursday that it expects to run Foot Locker as… Read More

Walmart announces it will raise prices over tariffs

Walmart’s first-quarter profit slipped, and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump. The nation’s largest retailers posted strong quarterly sales Thursday and said it expects sales growth of 3.5% to 4.5% in the second quarter. Like many other U.S. companies,… Read More

Starbucks baristas strike to protest new dress code

More than 1,000 Starbucks baristas at 75 U.S. stores have gone on strike since Sunday to protest a new company dress code, a union representing the coffee giant’s workers said Wednesday. Starbucks put new limits starting Monday on what its baristas can wear under their green aprons. The dress code… Read More

Auto giant Nissan cuts thousands of jobs, closes multiple factories

Nissan is slashing about 15% of its global work force, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for the fiscal year that just ended amid slipping vehicle sales in China and other nations, and towering restructuring costs. Nissan Motor Corp. said it will reduce the… Read More

Fox announces new streaming service, ‘FOX One’

Fans of all things Fox will now be able to consume all of the network’s content in one place this fall. “FOX One”, a new streaming service will bring Fox news, sports and entertainment content under one roof. FOX One, a wholly-owned streaming platform, will give customers live-streaming and on-demand… Read More

Reports: Microsoft to slash 3% of its entire workforce

Microsoft began laying off nearly 3% of its entire workforce Tuesday. The tech giant didn’t disclose the total amount of lost jobs but it will amount to about 6,000 people. Microsoft employed 228,000 full-time workers as of last June, the last time it reported its annual headcount. About 55% of… Read More