Tag: COVID-19 pandemic
A study says the global luxury goods market will shrink in 2025. Trump tariffs could make it worse
MILAN -- Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according...
China to unveil much-anticipated economic stimulus package
BEIJING -- China is expected to announce much-anticipated steps to boost its flagging economy Friday at the end of this week's meeting of...
Germany's economy is in trouble. The government's collapse and Trump's return bring more risk
WARSAW, Poland -- WARSAW, Poland (AP) — The collapse of Germany's governing coalition and President-elect Donald Trump's imminent return to the White House...
Peloton appoints Apple Fitness+ co-founder, now Ford executive, as its next CEO
NEW YORK -- Peloton has appointed its next CEO. Peter Stern, co-founder of Apple Fitness+ and a current Ford executive, will soon helm...
On Navajo Nation, a push to electrify more homes on the vast reservation
HALCHITA, Utah -- After a five-year wait, Lorraine Black and Ricky Gillis heard the rumblings of an electrical crew reach their home on...
Spirit Airlines plans to cut jobs and sell some planes amid looming financial struggles
NEW YORK -- NEW YORK (AP) — Spirit Airlines is cutting jobs and selling off some jets worth millions of dollars as the...