Claire’s, Teen Jewelry Chain, Files for Bankruptcy a 2nd Time

Once ubiquitous for ear piercing at the mall, Claire’s faced financial volatility along with other bricks-and-mortar retailers. It last filed for bankruptcy in 2018.

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Amazon Cuts 100 Wondery Jobs Amid Podcast Strategy Shift

The tech giant is leaning more into video and the creator world.

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Amazon Reports $18.2 Billion in Profit Amid Strong Retail Demand

Consumers spent more than expected on the e-commerce giant’s site, while margins tightened at the company’s all-important cloud computing division.

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The Last Days of a Beloved Manhattan Toy Store

A rush of customer enthusiasm was not enough to save West Side Kids, a four-decade-old neighborhood institution battered by online shopping, Covid and tariffs.

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Trump Executive Order Ends De Minimis Exemption for Rest of World

The low-cost shipments were previously excluded from tariffs; President Trump said the loophole has allowed countries to avoid taxes and smuggle drugs into the U.S.

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Russia Counters Ukrainian Drones by Turning Off Russians’ Mobile Internet

The same data networks that enable phone apps and web surfing help drones navigate, so officials are imposing daily, patchwork shutdowns. The actions can be very disruptive to daily life.

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Target Ends Price-Matching Policy After More Than a Decade

Shoppers will no longer be able to buy an item for a lower price if they can prove that they found an identical product listed for less by Amazon or Walmart.

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China’s Problem With Competition: There’s Too Much of It

The Chinese government is taking steps to rein in what it calls “involution,” or excessive competition that is hurting local companies and fueling the country’s deflationary spiral.

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K-Beauty Fans Stock up on Cosmetics After Trump’s Tariff Threat

American consumers of Korean cosmetics and skin-care products are bulk buying, as President Trump threatens 25 percent tariffs on imports.

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Factories Were Pushed Out of Cities. Their Return Could Revive Downtowns.

Changes in zoning rules have allowed small manufacturers to return to the districts and neighborhoods they began leaving a century ago.

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