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Chris Spiker

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cspiker@dailyvoice.com

Chris Spiker's Contributions

Business
Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive
Walmart Raising Prices Due To Trump's Tariffs, CEO Says: Here's What's More Expensive Executives at Walmart are warning that the retail giant will raise prices on many everyday items due to President Donald Trump's sweeping tariffs. Walmart will hike the costs of many grocery items and general merchandise, CEO Doug McMillon said during an earnings call on Thursday, May 15. The announcement comes as Walmart's revenue rose 2.5% in the first quarter of 2025. McMillon said the chain can't swallow the greater costs caused by Trump's tariffs. "We're positioned to manage the cost pressure from tariffs as well or better than anyone, but even at the reduced levels, the hig…

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by Chris Spiker
Business
Dick's Sporting Goods Buying Foot Locker In $2.5B Deal: Here's Why Dick's Sporting Goods Buying Foot Locker In $2.5B Deal: Here's Why
Dick's Sporting Goods Buying Foot Locker In $2.5B Deal: Here's Why Dick's Sporting Goods is buying Foot Locker in a $2.5 billion deal, as the major sports brands try to cash in on Nike partnerships and sneaker culture. Dick's and Foot Locker announced the acquisition in a joint news release on Thursday, May 15. The deal will allow the Western Pennsylvania-based Dick's to have its first international presence, since the athletics apparel chain only has stores in the US. Foot Locker runs 2,400 stores in 20 countries, including brands like Champs Sports and atmos. "We believe there is meaningful opportunity for growth ahead," said Dick's executive chair…

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by Chris Spiker
Business
Retail Sales Stall In April Amid Trump's Tariffs And Slowing Demand, New Data Says Retail Sales Stall In April Amid Trump's Tariffs And Slowing Demand, New Data Says
Retail Sales Stall In April Amid Trump's Tariffs And Slowing Demand, New Data Says April's retail sales flatlined as Americans pulled back on spending, the latest sign that trade tensions under President Donald Trump's tariffs are taking a toll on the US economy. Total retail and food service sales rose just 0.1% in April, compared to March's 1.7% surge, the U.S. Census Bureau said on Thursday, May 15. April's monthly gain was within the margin of error (+/- 0.5%), suggesting no meaningful growth. From February to April, total sales rose 4.8% compared to the same period in 2024. The healthy gains appear to be slowing down after consumers rushed in February and March …

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by Chris Spiker
Business
Brake Failures Force Recall Of 273K+ SUVs, Ford Issues 'Do Not Drive' Warning For Some Broncos Brake Failures Force Recall Of 273K+ SUVs, Ford Issues 'Do Not Drive' Warning For Some Broncos
Brake Failures Force Recall Of 273K+ SUVs, Ford Issues 'Do Not Drive' Warning For Some Broncos Ford is recalling more than 273,000 large SUVs because of two significant issues that raise crash risks, federal regulators said. The National Highway Traffic Safety Administration said Ford has recalled 273,789 Expeditions and Navigators. The recall, which was announced on Friday, May 9, affects the model years 2022 through 2024. In the affected vehicles, the front brake lines may rub against the engine air cleaner outlet pipe, causing a fluid leak that could lead to a loss of front brake function. "A brake line leak may cause a longer-than-expected brake pedal travel and result…

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by Chris Spiker
Business
Spirit Adds Extra-Legroom Seats, Joining Airline Industry's Premium Push Spirit Adds Extra-Legroom Seats, Joining Airline Industry's Premium Push
Spirit Adds Extra-Legroom Seats, Joining Airline Industry's Premium Push Another airline is looking to compete for flyers wanting more comfortable travel experiences. Spirit Airlines will offer new extra-legroom seats on its flights, the company said in a news release on Tuesday, May 13. The budget airline also announced upgrades to its Free Spirit loyalty program. The updates mark a major shift for Spirit, which recently exited bankruptcy and is working to win over flyers with added perks and space. "Spirit's new premium options offer travelers exceptional value, and we're creating even more opportunities for guests to experience them with our new extra-legroo…

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by Chris Spiker
Business
NY AG Sues Capital One Over $2B+ Savings Scheme After Trump's CFPB Dropped Case NY AG Sues Capital One Over $2B+ Savings Scheme After Trump's CFPB Dropped Case
NY AG Sues Capital One Over $2B+ Savings Scheme After Trump's Cfpb Dropped Case New York's attorney general is reviving a major consumer protection case that federal regulators dropped shortly after President Donald Trump returned to office. Attorney General Letitia James announced the lawsuit against Capital One on Wednesday, May 14. The suit accuses the banking giant of misleading savings account customers and withholding millions in interest. According to the lawsuit, Capital One used "bait-and-switch" tactics by advertising its 360 Savings account as a high-interest option. The company then secretly offered far better rates to new customers through a…

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by Chris Spiker
Business
Burberry Laying Off 1,700 Workers As High-End Fashion Designer's Sales Plunge Burberry Laying Off 1,700 Workers As High-End Fashion Designer's Sales Plunge
Burberry Laying Off 1,700 Workers As High-End Fashion Designer's Sales Plunge Burberry is cutting more than 1,500 jobs worldwide after the British luxury fashion brand saw a steep drop in profits. The company will lay off about 1,700 workers by 2027, Burberry said in an earnings report on Wednesday, May 14. The job cuts are part of a broader restructuring plan, aiming to save 100 million British pounds. The cuts will come from operational expenses, including procurement, real estate, and staffing. Burberry said the changes are "subject to consultation where applicable." The layoffs follow a difficult year for Burberry, which reported a 94% drop in adjusted oper…

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by Chris Spiker
Business
HBO Max Returns: Here's Why Max Is Reviving Its Old Name HBO Max Returns: Here's Why Max Is Reviving Its Old Name
HBO Max Returns: Here's Why Max Is Reviving Its Old Name The digital home of hit shows like "White Lotus," "The Pitt," and "The Rehearsal" is going back to its old name. The streaming platform Max will be called "HBO Max" once again, Warner Bros. Discovery announced on Wednesday, May 14. The change is expected to happen in the summer, although an exact date remains unclear. The return to the HBO Max branding comes as the app tries to focus on high-quality programming, separating it from competitors with larger libraries. "The powerful growth we have seen in our global streaming service is built around the quality of our programming," s…

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by Chris Spiker
Business
Northwell Health's Longtime CEO Resigns As Company Expands With Nuvance Merger Northwell Health's Longtime CEO Resigns As Company Expands With Nuvance Merger
Northwell Health's Longtime CEO Resigns As Company Expands With Nuvance Merger New York's largest health care system is getting new leadership just as it completes a major merger. Michael Dowling will resign as president and CEO of Northwell Health, the company announced on Wednesday, May 14. Executive vice president Dr. John D'Angelo will be promoted to Dowling's position. After more than 23 years, Dowling will move into a new advisory role as CEO emeritus. Under his leadership, Northwell grew into one of the top 10 largest health systems in the country, now serving more than 13 million patients in the tri-state area. Dowling helped expand research and education pro…

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by Chris Spiker
Business
United Airlines Adding Luxury Suites To International Flights: See What's Inside United Airlines Adding Luxury Suites To International Flights: See What's Inside
United Airlines Adding Luxury Suites To International Flights: See What's Inside International travelers can soon fly on United Airlines in luxury suites with caviar, champagne, and much larger screens. United unveiled its Polaris Studio suites in a news release on Tuesday, May 13. The premium seating will be on the airline's Boeing 787-9 Dreamliner aircraft. Flyers can soon relax in lie-flat seats with privacy doors, hoodie-pajamas, and Ossetra caviar served as hors d'oeuvres. The luxury service will begin in 2026, starting with flights from San Francisco International Airport to London and Singapore. The suites will be in the first row of eac…

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by Chris Spiker
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