Retailer Temu’s daily US users halve following end of ‘de minimis’ loophole

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US judge blocks Trump from nixing union bargaining for TSA officers

A federal judge ruled the Trump administration likely broke the law by stripping 50,000 TSA workers of union rights. The decision, from Judge Marsha Pechman in Seattle, restores collective bargaining power. The case centers on whether executive orders exceeded presidential authority. Implications may extend beyond TSA, influencing federal labor relations and executive powers. Read More >>

Mattel is combining film and television units to create Mattel Studios

Mattel is merging its film and television units into one—Mattel Studios—as it capitalizes on the success of the Barbie movie. The restructuring aims to streamline content production and leverage the brand portfolio across both platforms. Executives believe this alignment will foster stronger brand synergies and pave the way for more franchise-driven storytelling. Read More >>

Retailer Temu’s daily US users halve following end of ‘de minimis’ loophole

Temu, a popular e-commerce platform under PDD Holdings, saw its U.S. user base plummet 58% in May. This comes after U.S. trade policy changes closed a key import loophole. Ad budget cuts and shifting logistics strategies hint at Temu’s rapid pivot in the face of protectionist pressures. Analysts believe the platform must reinvent its U.S. strategy to regain momentum. Read More >>

Disney laying off several hundred in film, TV, finance

Disney is conducting another round of layoffs, affecting several hundred employees in film, TV, and finance. The move reflects the company’s shift toward streaming and restructuring efforts after declining cable subscriptions. As Disney pivots to prioritize profitability and original content, this marks its latest step in adjusting to industry headwinds. Read More >>

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