Pandora, the Danish jewelry company, said it was “battle ready,” with plans to raise prices and reroute shipments from the United States, but tariffs could potentially cost it millions of dollars.
Category: Relocation of Business
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Canada and China Retaliate Against Trump’s Tariffs, Amid Fears of Trade War
Prime Minister Justin Trudeau of Canada warned that the Trump administration’s tariffs were leading to a trade war. Mexico’s leader vowed to impose countermeasures on Sunday.
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KFC to Leave Kentucky for Texas
KFC, formerly named Kentucky Fried Chicken, disappointed state leaders when it announced it was moving to Texas.
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Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.
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The White House Bet Big on Intel. Will It Backfire?
A plan to revive U.S. chip manufacturing rests partly on a company that is firing workers and delaying factories, even as the government pushes for the opposite.
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Harris and Trump Embrace Tariffs
Both Democrats and Republicans are expressing support for tariffs to protect American industry, reversing decades of trade thinking in Washington.
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Chevron Moves Its Headquarters to Houston From California
The oil company, which already has extensive operations in Texas, has often been at odds with California’s elected leaders over the state’s climate and energy policies.
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U.A.W. Says Lax Enforcement of Trade Deal Has Cost U.S. Jobs
The Biden administration declined to pursue a union complaint of labor abuses in Mexico, raising new concerns about offshoring.
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Elon Musk Got 72% in Tesla Shareholder Vote on Pay
About 72 percent of the shares in the balloting affirmed the lucrative stock award to the chief executive in a bid to get a court to reinstate it.
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Losing a Bridge Upends Life in Baltimore (and It May Soon Get Worse)
Congestion has increased on other routes in the city and residents are worried that traffic will get worse as the port returns to more normal operations.
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BlackRock and Citadel Securities Back Start-Up Texas Stock Exchange
The Texas Stock Exchange, based in Dallas, has the backing of BlackRock and Citadel Securities. But challengers to the dominant New York markets have gained little traction.