Wal-Mart: Chinese Suppliers Controlling Costs
February 25, 2008
Michael Duke, vice chairman at Wal-Mart Stores, said that productivity improvements at Chinese factories have helped to offset the rising costs of goods.
Recent News
2024 Toyota Tacoma Hybrid: A Closer Look
Toyota has unveiled the 2024 Tacoma Hybrid, and it’s making waves in the midsize pickup segment.
High-Speed Rail Linking Las Vegas to Southern California Is Underway
Ground has been broken for a new high-speed rail line connecting Las Vegas to Southern California.
Cooking Oil Recall Issued Due to Packaging Issue
The FDA has issued a nationwide recall of Primal Kitchen Avocado Oil, affecting more than 2,000 cases of cooking oil. The recall was initiated due to a packaging issue involving the potential breakage of the glass containers, posing a safety risk to consumers.
Coach and Michael Kors Parent Companies’ Merger Challenged
The FTC is opposing the $8.5 billion merger between Tapestry and Capri, the parent companies behind brands like Coach, Kate Spade, Michael Kors, and Versace. This move is unusual for the FTC, which rarely steps in on fashion industry deals due to its competitive nature.