Pepsico Cuts Growth Forecast Amid Tariffs and Slowed Consumer Spending

Pepsico Cuts Growth Forecast Amid Tariffs and Slowed Consumer Spending

Consumers, worried about the economy, are pulling back on their spending, and that anxiety is translating into lower sales and profits for some of the country’s largest consumer-oriented companies. On Thursday, PepsiCo cut its full-year guidance outlook, citing a reduction in consumer spending as well as the impact the beverage and snacks company is feeling…

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For China’s Trolls, ‘Chairman Trump’ and ‘Eyeliner Man’ Are Easy Targets

For China’s Trolls, ‘Chairman Trump’ and ‘Eyeliner Man’ Are Easy Targets

The Chinese are trolling the Trump administration. A YouTuber who used to make parody music videos about the Chinese leader, Xi Jinping, produced “The Song of MAGA,” a satire of President Trump’s vision for the United States. A nationalistic TikToker who whitewashes China’s persecution of Uyghurs in Xinjiang made a video mocking Vice President JD…

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Perkins Coie and WilmerHale Ask Judges to Block Trump’s Orders

Perkins Coie and WilmerHale Ask Judges to Block Trump’s Orders

Two federal judges on Wednesday appeared sympathetic to arguments from elite law firms asking for definitive relief from President Trump’s executive orders targeting them. Lawyers for two firms, Perkins Coie and WilmerHale, have asked the courts to permanently block the Trump administration from carrying out the orders, arguing that the measures are so blatantly unconstitutional…

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