Costco tariff refunds: Warehouse club is one of the few retailers saying it will pay customers back. How and when?
The Supreme Court struck down Trump's tariffs five months ago, and Costco has said it will return tariff refunds to members, though details remain unclear. The warehouse club faces a class-action lawsuit demanding it pass along government refunds to customers.
Read full story →Tyson Foods beef plant closures come as severe drought makes U.S. cattle shortages worse
Tyson Foods closed or sold three beef facilities due to severe U.S. cattle shortages linked to drought affecting 53% of the nation's cattle inventory. More than three-quarters of beef cattle specifically faced drought conditions in July according to agriculture forecasting company Terrain.
Anthropic needs to bring in Amazon-style earnings to justify its $2 trillion valuation—but it’s barely turned a profit
Anthropic is pursuing a valuation of $2 trillion despite having barely turned a profit. The company plans an October listing requiring exceptionally rapid revenue growth to justify its valuation target.
Companies are charging ahead with AI—even though middle managers are not ready for it
Companies are collapsing management layers and prioritizing AI adoption at over 50% of firms, while 75% cite operational efficiency as a goal. However, chief people officers are often excluded from these transformation conversations, potentially limiting organizational change management effectiveness.