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Trump slaps 50% tariff on Brazil over Bolsonaro trial, trade

U.S. President Donald Trump answers questions during a multilateral lunch with African leaders in the State Dining Room of the White House July 9, 2025 in Washington, DC. Win McNamee | Getty Images President Donald Trump said Wednesday the U.S. will slap a 50% tariff on Brazil‘s imports starting Aug. 1, partly in retaliation for…

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Shares of Ray-Ban maker EssilorLuxottica jump on reported Meta stake

Smart Ray-Ban Glasses, on June 16, 2024, in Caen, Normandy, France. Nurphoto | Getty Images Shares of Ray-Ban maker EssilorLuxottica almost 6% on Wednesday on reports that Meta has taken a minority stake in the company amid growing appetite for AI-powered wearable devices. Meta reportedly bought a stake in EssilorLuxottica worth around 3 billion euros…

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TSA will let travelers keep their shoes on at airport security

Traveler wait in a long security line at John Wayne Airport in Santa Ana Wednesday, May 7, 2025. Allen J. Schaben | Los Angeles Times | Getty Images The Transportation Security Administration will let many travelers leave their shoes on at U.S. airport checkpoints, ending a roughly 20-year-old rule, Homeland Security Secretary Kristi Noem said…

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Shein files for Hong Kong IPO in hopes of salvaging London listing: FT report

A shopper carries bags with promotional merchandise while visiting fashion retailer Shein’s Christmas bus tour, in Manchester, Britain, December 13, 2024.  Temilade Adelaja | Reuters Online fast fashion giant Shein has confidentially filed for an initial public offering in Hong Kong in a bid to apply pressure on U.K. regulators and accelerate its long embattled…

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