Elon Musk’s DOGE fans, Target’s DEI lawsuit, and Trump’s new trade war: Business news roundup

Image for article titled Elon Musk's DOGE fans, Target's DEI lawsuit, and Trump's new trade war: Business news roundup

Image: Luis Boza/NurPhoto (Getty Images), Christopher Furlong (Getty Images), Jeff Greenberg/Education Images/Universal Images (Getty Images), Joe Raedle (Getty Images), urand T/Alpaca/Andia/Universal Images Group (Getty Images), Photo: Smith Collection/Gado / Contributor (Getty Images), Brandon Bell (Getty Images), Ji Haixin/VCG (Getty Images), li xin/AFP (Getty Images)

A McDonald’s in Lisbon, Portugal.

A McDonald’s in Lisbon, Portugal.
Image: Luis Boza/NurPhoto (Getty Images)

McDonald’s is bringing back its popular Shamrock Shake on Feb. 10, with a nostalgic twist.

The fast food chain is reintroducing Uncle O’Grimacey, the character first created in 1975 to promote the seasonal shake. After decades in the background, he’s “packed his bags” to reunite with his nephew Grimace to celebrate the return of the popular treat.

Read More

Elon Musk

Elon Musk
Image: Christopher Furlong (Getty Images)

Image for article titled Elon Musk's DOGE fans, Target's DEI lawsuit, and Trump's new trade war: Business news roundup

Photo: Smith Collection/Gado / Contributor (Getty Images)

A Starbucks at the Florida Fort Lauderdale Airport terminal.

A Starbucks at the Florida Fort Lauderdale Airport terminal.
Image: Jeff Greenberg/Education Images/Universal Images (Getty Images)

U.S. President Donald Trump on January 27, 2025 in Doral, Florida.

U.S. President Donald Trump on January 27, 2025 in Doral, Florida.
Image: Joe Raedle (Getty Images)

President Donald Trump’s new tariffs, set to take effect on Tuesday, Feb. 4, are throwing a wrench into the rapid rise of e-commerce giants like Temu (PDD) and Shein, while potentially giving Amazon (AMZN) a chance to reclaim its edge.

Read More

Image for article titled Elon Musk's DOGE fans, Target's DEI lawsuit, and Trump's new trade war: Business news roundup

Photo: Brandon Bell (Getty Images)

Image for article titled Elon Musk's DOGE fans, Target's DEI lawsuit, and Trump's new trade war: Business news roundup

Image: urand T/Alpaca/Andia/Universal Images Group (Getty Images)

The United States Postal Service early on Wednesday said it would resume accepting packages from China and Hong Kong, reversing a brief hours-long freeze.

Read More

Beijing on Tuesday said it would slap U.S. imports with new tariffs in response to President Donald Trump’s own tariffs on Chinese imports.

Beijing on Tuesday said it would slap U.S. imports with new tariffs in response to President Donald Trump’s own tariffs on Chinese imports.
Photo: Ji Haixin/VCG (Getty Images)

China on Tuesday fired back at the U.S. over President Donald Trump’s new tariffs, pledging to impose its own taxes on imports beginning next week.

“The U.S.’s unilateral imposition of tariffs seriously violates the rules of the World Trade Organization (WTO),” China’s Ministry of Commerce said in a statement. “It is not only unhelpful in solving its own problems, but also undermines the normal economic and trade cooperation between China and the U.S.”

Read More

Chipotle downplays the effect of President Trump’s tariffs

Despite the possibility of tariffs on goods from Mexico, Canada, and China, the burrito chain believes it will not face a major cost increase

Chinese regulators opened an investigation into Google soon after President Donald Trump’s new tariffs on goods from China became active.

Chinese regulators opened an investigation into Google soon after President Donald Trump’s new tariffs on goods from China became active.
Photo: li xin/AFP (Getty Images)

China’s first major response to President Donald Trump’s tariffs wasn’t like the U.S.’s approach, which tackled all Chinese imports. Instead, Beijing singled out a handful of big areas — and major companies — to pile on the pressure.

Read More

Read More
Diego Damron

Latest

Tencent Music Posts 7.3% Q1 2026 Revenue Jump, Points to Triple-Digit Live Growth and Continued Superfan Expansion

A live performance from Jay Chou, whose Children of the Sun is said to have generated about $14.7 million on Tencent Music during Q1 2026. Photo Credit: GEM_Ady Amid a continued SVIP expansion and a triple-digit revenue boost on the concerts side, Tencent Music Entertainment (TME) has reported nearly $1.2 billion in Q1 2026 revenue.

Newsletter

Don't miss

Tencent Music Posts 7.3% Q1 2026 Revenue Jump, Points to Triple-Digit Live Growth and Continued Superfan Expansion

A live performance from Jay Chou, whose Children of the Sun is said to have generated about $14.7 million on Tencent Music during Q1 2026. Photo Credit: GEM_Ady Amid a continued SVIP expansion and a triple-digit revenue boost on the concerts side, Tencent Music Entertainment (TME) has reported nearly $1.2 billion in Q1 2026 revenue.

BLXCKIE Previews New Song “Uphi Usomnyama”

MusicBLXCKIE Previews New Song “Uphi Usomnyama.” The SA...

WD sees sustainability as key business driver in an ‘AI economy’

Hard drive company WD promoted long-term operations and sustainability executive Jackie Jung to become its first chief sustainability officer in February, as it steps up sales to companies building AI data centers. Her vision: Turn sustainability into a “brand” for WD, a strategy that reduces risk for the $6 billion company (formerly known as Western

5 Business Ideas Worth Starting in 2026

If there is one thing Nigerians understand well, it is how to spot opportunity inside hardship. In 2026, that mindset will matter more than ever. The economy is tough, competition is rising, and many people are looking for smarter ways to earn, build, and survive. But even in a difficult environment, some businesses still stand

Getting a business loan now comes with a frequent flyer upside

Australian fintech Prospa has partnered with Qantas Business Rewards, letting eligible SMEs earn up to 500,000 points per loan. What’s happening: Australian fintech lender Prospa has partnered with Qantas Business Rewards to allow eligible small and medium business owners to earn up to 500,000 Qantas Points per loan when taking out a Prospa Small Business