Impact of de minimis loophole closure on Shein's valuation and IPO plans

Shein is facing a significant drop in valuation for its London stock market listing due to the closure of the de minimis loophole by President Trump, which allowed small import shipments to evade duties. This change may impact Shein's profitability and IPO plans in London.

Amazon Delivery Drivers Unionization in Palmdale, California

National Labor Relations Board determines that Amazon is a joint employer of subcontracted delivery drivers in Palmdale, California, leading to improved pay and working conditions after a yearlong fight. Teamsters union celebrates the decision.

Debate over Trump's Praise for Elon Musk Firing Twitter Staff

Rep. Byron Donalds, R-Fla., defended former President Trump's praise for Elon Musk firing Twitter staff, sparking a debate with CNN anchor Kate Bolduan over economic policies and labor practices.