WASHINGTON (Reuters) - The Biden administration on Friday issued last-minute proposed rules to curb duty-free imports under the $800 de minimis threshold, denying the low-value shipments exemption for goods that are subject to other punitive U.S. tariffs. The move marks a setback for e-commerce firms, including China-based Shein and PDD Holdings' Temu, which have exploited the de minimis threshold to...

01:20 PM EST, 01/17/2025 (MT Newswires) -- National Bank Financial hosted Empire management in Toronto, Ontario. Key discussion topics included the consumer backdrop, capital allocation priorities, real estate strategy, loyalty/data, e-commerce/Voia, among others. Overall, we found EMP's presentation to largely align with comments made during the Q2/F25 conference call, notes analyst Vishal Shreedhar. Empire believes it can successfully deliver on...

01:17 PM EST, 01/17/2025 (MT Newswires) -- Boston Scientific ( BSX ) is on track to be the highest performing large cap medtech company, RBC Capital Markets said in a note emailed Friday. The firm said it had come away more bullish on the company's 2025 setup after catching up with the company and its investors. The firm cited the...

01:21 PM EST, 01/17/2025 (MT Newswires) -- Procter & Gamble's ( PG ) organic sales growth trends are expected to be driven primarily by the US, although growth in this market is slowing, RBC Capital Markets said in an earnings preview Friday. RBC forecasts the company's organic sales to grow 2% to 3% in fiscal Q2, noting that this figure...