Steve Madden says it will cut production in China to avoid Trump tariffs
CBSN
One company is already responding to President-elect Trump's proposed tariffs, which if imposed could result in higher prices for American consumers as retailers pass along added costs on imports to shoppers.
Shoemaker Steve Madden says it plans to import fewer goods made in China to the U.S., and replace them with items made in other countries.
The company said on an earnings call with analysts Thursday that the plan to reduce its reliance on China and diversify its imports has been in the works for some time.
Starbucks' online ordering app malfunctioned Thursday, the same day the coffee giant introduced its holiday-themed menu.
On Jan. 14, 1995, Mary Catherine Edwards, 31, a beloved elementary school teacher, was found dead in her townhouse in Beaumont, Texas.
Provo, Utah — Five domestic llamas were spotted taking an evening stroll on train tracks in Provo, Utah, on Thursday after the woolen creatures escaped from their owner, according to the Utah Transit Authority.
Attorneys for a man charged in the stabbing deaths of four University of Idaho students asked a judge to take the death penalty off the table Thursday, arguing that international, federal and state law all make it inappropriate for the case. But a victim's mother who attended the hearing said the suspect "deserves to die."
A federal judge on Thursday struck down a Biden administration program that would allow unauthorized immigrants married to American citizens to get legal status and a streamlined path to U.S. citizenship, declaring the policy illegal.
Washington — President Biden still has no plans to pardon his son, Hunter Biden, in the final months of his presidency, the White House press secretary reiterated on Thursday.
Brad Chandler Simpson was charged with murder Thursday, a month after his wife Suzanne Simpson went missing in San Antonio, Texas.
The Trump administration could be a boon for business for private prison companies in the U.S. if the president-elect delivers on his promise to crack down on illegal immigration.
Federal Reserve Chair Jerome Powell said he won't step down if President-elect Donald Trump, who has previously criticized Powell's performance, asks him to resign.
Trump ally and former New York Mayor Rudy Giuliani got a tongue lashing Thursday in federal court after missing a deadline to turn over valuables to two election workers he defamed, including one asset, a vintage Mercedes, that he took for a drive to vote in Florida. He owes the women, Ruby Freeman and daughter Wandrea Moss, millions in damages.