Category: Costco Wholesale Corporation

Trump Administration Takes Steps to Refund $166 Billion in Tariffs

The New York Times – Business:
The government debuted a system to repay importers two months after the Supreme Court struck down tariffs at the heart of the president’s trade policy.
Consumers Paid Tariffs on Overseas Items. Now They Want a Refund.

The New York Times – Business:
The Trump administration has yet to announce a process to return fees paid by companies and shoppers for tariffs now deemed illegal.
Businesses Push for Tariff Refunds as Trump Aides Hint at Fight to Come

The New York Times – Business:
By the president’s own admission, it could be years before the matter is settled, even though the administration previously indicated it would pay.
Tariff Turmoil Returns to Global Markets

The New York Times – Business:
Businesses and U.S. trade partners are again grappling with the uncertainty of President Trump’s trade war, even as he imposes new levies.
Six Questions on the Future of Trump’s Tariffs

The New York Times – Business:
The Supreme Court’s ruling on the president’s tariffs has jolted Washington and the business world. Here’s what to watch next.
Costco Is Sued Over Preservatives in Its $5 Rotisserie Chickens

A proposed class-action lawsuit claims Costco was misleading customers and engaging in false advertising when it described the chicken as having no preservatives.
As Low-Income Shoppers Tighten Belts Further, Businesses Worry

A delay in SNAP benefits mixed with a decline in foot traffic has many stores, restaurants and food producers concerned about sales.
Costco to Sell Ozempic and Wegovy, Weight-Loss Wonder Drugs

Costco members will pay $499 a month out of pocket, the same price offered at CVS and Walmart, and on the manufacturer’s direct-to-consumer website.
Iranian Diplomats Are Barred From Shopping at Costco While Visiting U.S.

As the U.N. General Assembly met in New York, the Trump administration forbade the Iranian delegation from shopping at discount wholesalers, an apparent bid to inflame Iranian public opinion.
Costco Recalls Kirkland Prosecco, Citing Risk of Sudden Shattering

The retailer said the unopened bottles should be wrapped in paper towels and placed in a plastic bag before being discarded.
Krispy Kreme Bets on Big-Box Stores to Stay Fresh

Executives are racing to boost revenues at the struggling doughnut maker as sales slump and shares tumble.
5 Million Pools Are Recalled After at Least 9 Children Drown

Children have been able to climb into the aboveground pools by using a compression strap on the outside as a foothold, the U.S. Consumer Product Safety Commission said.