Tariff Refunds, Manufacturing Stability and Corporate Deals Lead the Week
A tariff refund ruling, steady U.S. manufacturing, retailer uncertainty, a Six Flags park acquisition, and a lawsuit involving Girl Scout cookies highlight this week’s business news.
Judge Rules Companies That Paid Tariffs Are Entitled to Refund
After the Supreme Court ruled many of President Donald Trump’s tariffs unconstitutional, a federal judge ruled this week that U.S. companies who paid those tariffs have a right to their money back. Read Full Article
U.S. Manufacturing Activity Holding Steady
There’s some good news and some bad news in the manufacturing industry.
According to a report from Reuters, U.S. manufacturing activity grew steadily in February, but prices at the factory gate raced to a near 3½-year high amid tariffs, highlighting upside risks to inflation even before a U.S.-led attack on Iran sent oil prices rocketing. Read Full Article
Retailers Trying to Navigate Shifting Tariffs
The tariff landscape is shifting again – caused largely by the Supreme Court decision rendering many of President Donald Trump’s tariffs unconstitutional – and the uncertainty is apparently having an affect on retailers. Read Full Article
EPR Acquires Seven Six Flags Amusement Parks
KANSAS CITY, Mo. (BUSINESS WIRE) – EPR Properties announced it has entered into definitive agreements to acquire a portfolio of seven regional parks from Six Flags Entertainment Corporation for a gross transactional value of $342 million. Read Full Article
San Diego Girl Scouts Sue Ferrero Over Contract Terms
A Girl Scouts organization in California is suing a major candy company for breaking a contract and trying to force the organization into a newer, more-expensive deal.
According to the San Diego Union-Tribune, a federal lawsuit filed this week by Girl Scouts San Diego says that Ferrero U.S.A., a massive multinational corporation whose subsidiary bakes Girl Scout cookies, broke a contract with the local Girl Scouts in 2024, a decision the Scouts claim cost them more than $1.1 million in lost revenue and the elimination of 25 jobs. Read Full Article