{"id":852572,"date":"2025-06-01T09:12:11","date_gmt":"2025-06-01T14:12:11","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/01\/tourisms-perfect-storm-walmart-and-costcos-gas-stations-and-musk-leaves-doge-business-news-roundup\/"},"modified":"2025-06-01T09:12:11","modified_gmt":"2025-06-01T14:12:11","slug":"tourisms-perfect-storm-walmart-and-costcos-gas-stations-and-musk-leaves-doge-business-news-roundup","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/01\/tourisms-perfect-storm-walmart-and-costcos-gas-stations-and-musk-leaves-doge-business-news-roundup\/","title":{"rendered":"Tourism’s perfect storm, Walmart and Costco’s gas stations, and Musk leaves DOGE: Business news roundup"},"content":{"rendered":"
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Photo: Justin Sullivan (Getty Images), Scott Olson (Getty Images), Samuel Corum (Getty Images), Andrew Harnik (Getty Images), Andrew Harnik (Getty Images), Justin Sullivan (Getty Images), David Ryder \/ Stringer (Getty Images), Win McNamee (Getty Images), Chip Somodevilla (Getty Images), Image: Justin Sullivan (Getty Images)<\/figcaption><\/p>\n<\/div>\n

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The Golden Gate Bridge in San Francisco. Foreign tourism to California fell sharply to start the year.<\/figcaption>
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On a recent Finnair flight from Helsinki to Los Angeles, something felt off. The economy cabin \u2014 typically packed with tourists eager to explore California\u2019s beaches and theme parks \u2014 was less than half full. A flight to Europe two months earlier had been packed to the gills, but this flight had entirely empty rows, a stark reminder that America\u2019s appeal as a travel destination has taken a beating<\/a><\/span> this year.<\/p>\n

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Major retailers like Costco (COST<\/a><\/span>), Sam\u2019s Club, and Walmart (WMT<\/a><\/span>) are stepping on the gas even as the age of electric vehicles creeps closer. These big box stores \u2014 traditionally not a place for pumps, unless they are the kind sold in the shoe aisle \u2014 are turning into gas giants, expanding their hours, adding car capacity, and building more infrastructure <\/p>\n

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Elon Musk at the CPAC convention in Washington, D.C., in February 2025<\/figcaption>
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Show up for work and do your job \u2014 that\u2019s what 12 large pension funds, representing $950 billion in assets, told Tesla (TSLA<\/a><\/span>) CEO Elon Musk in an open letter, where they demanded he work 40 hours a week at the EV giant. <\/p>\n

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President Donald Trump\u2019s on-again, off-again tariffs have draped the economy in uncertainty.<\/p>\n

Because of this, some companies have simply resorted to tossing earnings guidance and raising prices to absorb whatever comes the market\u2019s way.<\/p>\n

\u201cWhen a single tariff announcement can erase trillions in market value overnight, who can blame finance leaders for tossing their annual forecasts out the window?\u201d Sunil Rajasekar, CEO of fintech platform Billtrust, tells Quartz.<\/p>\n

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Starbucks (SBUX<\/a><\/span>) is looking to hire a corporate pilot \u2014 and the job will probably include a lot of trips to Newport Beach, California.<\/p>\n

The coffee chain has a job posting <\/a><\/span>on its website for a \u201ccaptain, Starbucks Aviation,\u201d with a salary range between $207,000 and $360,300. The gig involves flying the company\u2019s corporate jets and requires thousands of hours of recorded flight time. <\/p>\n

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A top White House economic advisor said President Donald Trump doesn\u2019t want to hurt Apple (AAPL<\/a><\/span>) with its tariffs, only days after the president threatened the smartphone maker with steep import taxes on the iPhone. <\/p>\n

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GameStop (GME<\/a><\/span>) has become the latest publicly-traded U.S. company to put cryptocurrency on its balance sheet.<\/p>\n

The video game retailer bought 4,710 Bitcoin, it announced Wednesday morning in a single-sentence press release<\/a><\/span>. The purchase is worth around $509 million at current market prices, with Bitcoin hovering around $108,000. Shares of GameStop rose nearly 3% in premarket trading. <\/p>\n

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The president floated a 25% tariff on iPhones imported into the U.S. on Friday, adding that Apple (AAPL<\/a><\/span>) would foot the bill. <\/p>\n

\u201cI have long ago informed Tim Cook of Apple that I expect their iPhone\u2019s that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else. If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.,\u201d President Trump said in a TruthSocial post<\/a><\/span> on Friday morning. <\/p>\n

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\n Buffy Schroeder<\/p>\n","protected":false},"excerpt":{"rendered":"

Photo: Justin Sullivan (Getty Images), Scott Olson (Getty Images), Samuel Corum (Getty Images), Andrew Harnik (Getty Images), Andrew Harnik (Getty Images), Justin Sullivan (Getty Images), David Ryder \/ Stringer (Getty Images), Win McNamee (Getty Images), Chip Somodevilla (Getty Images), Image: Justin Sullivan (Getty Images) The Golden Gate Bridge in San Francisco. Foreign tourism to California<\/p>\n","protected":false},"author":1,"featured_media":852573,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1886,144319],"tags":[],"class_list":{"0":"post-852572","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-perfect","8":"category-tourisms"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/852572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=852572"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/852572\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/852573"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=852572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=852572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=852572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}