Category Archives: WBAP 24/7 News

As US Wood Tariffs Kick in, Kitchen Cabinet Companies Look for a Silver Lining

As US Wood Tariffs Kick in, Kitchen Cabinet Companies Look for a Silver Lining

NEW YORK (AP) — New tariffs on imported kitchen cabinets, bathroom vanities, and upholstered furniture in the U.S. are expected to impact the home improvement industry. The tariffs took effect early Tuesday. The White House says the aim is to boost domestic production and to protect American companies. However, some small business owners worry about…MORE

Beyond Meat Shares Drop Below $1 on Investor Concerns

Beyond Meat Shares Drop Below $1 on Investor Concerns

Beyond Meat’s shares were trading below $1 Tuesday as investors fretted over the company’s plans to cut its debt by issuing more shares. It was further bad news for the plant-based meat maker, which has been struggling with weak demand for its burgers, sausages, tenders and other products. Beyond Meat’s net revenue was down 15%…MORE