Chinese authorities summoned Walmart executives to discuss alleged demands for major price reductions from suppliers due to ...

The San Diego company also lowered its financial guidance for 2025 in response to China’s import restrictions.

Chinese authorities summoned Walmart Inc. executives on Tuesday over reports it asked suppliers to bear rising costs incurred ...

Beijing has summoned Walmart for reportedly asking Chinese suppliers to swallow the tariff hikes imposed by the Trump administration, marking the latest salvo in the trade spat between the world's two ...

OANDA used Census data to see how top import prices and currency values may shift amid tariff fluctuations and ongoing ...

Illumina slashes costs by $100 million after China bans its sequencers. The company lowers its 2025 EPS outlook and aims for ...

US stocks open mostly down as worries over the tariffs and the economy linger. Companies say consumer demand's slowing and ...

Illumina will seek to cut $100 million in expenses by the end of this fiscal year as it plans to deal with a loss of revenue ...

Illumina on Monday lowered its annual forecast and said it plans to cut $100 million in spending after China announced a ban on imports of its genetic sequencing instruments.

Larry Fink's clout is on display with a $23 billion deal for ports in Panama and beyond. Shares of Delta Air Lines Inc. dropped more than 9% after hours Monday after the airline slashed its ...

Illumina lowered its adjusted profit outlook and cut spending cost for 2025 as the company grapples with Chinese ban on its ...

"Our new fiscal 2025 guidance provides for limited further earnings contribution from China, and assumes a continuation of the macro trends we see today," said Ankur Dhingra, CFO of Illumina. "We will ...