On this edition of Next Africa. Ethiopia powers a new future. The $5 billion Grand Renaissance Dam is now online, but it's also deepening a years long dispute with Egypt and Sudan over the flow of the River Nile.Plus, Donald Trump's trade war is fueling the South-South trade. Indian automaker Mahindra is betting big on South Africa's Bakkie market, challenging Western rivals. And Africa's biggest e-commerce player, Jumia is riding a supply chain shift from China, turning trade tensions into fresh momentum.W ...

Welcome back to Market on Close. I'm Marley Caden here in Chicago alongside Sam Bodis at the New York Stock Exchange. We'll close out this Friday's show with some thoughts on today's session and the week on the whole.First, of course, the tariff news. We got a swath of new tariffs today. 100% tariff on any branded pharmaceutical.This is a move the president says will incentivize drug companies to move manufacturing operations to the US. Also, kitchen cabinets and bathroom vanities will see 50% tariffs after ...

Carvana Co (NYSE: CVNA) experienced a significant Power Inflow alert, a key bullish indicator closely tracked by traders who value order flow analytics, specifically institutional and retail order flow data.At 10:08 AM EST on September 25, CVNA triggered a Power Inflow signal at a price of $357.65. Prior to the alert, CVNA had been trading lower on the day, with the price of the stock consistently dropping during opening hour of trading leading up to the Power Inflow alert. At the time of the alert, institu ...

Cross-border platform brings Tibetan jewelry and handicrafts to a global audience. 2025 Yarlung Cultural Tourism Festival Opening Ceremony. Photo by Danzeng Nubu, Xinhua. LHASA, Tibet Autonomous Region, China, Sept. 26, 2025 (GLOBE NEWSWIRE) -- The 2025 Yarlung Cultural Tourism Festival officially opened on September 20 in Shannan, marking the start of a week-long celebration of Tibetan heritage and cultural exchange. ZenHima, a cross-border e-commerce platform founded by Marvin Zhou, participated in the f ...

Amazon has agreed to pay $2.5 billion to settle a lawsuit with the Federal Trade Commission over claims that it tricked millions of people into signing up for Prime, its paid subscription service, and made cancellation too difficult. The FTC said $1.5 billion will go into a fund to repay eligible subscribers, with the remaining $1 billion as a civil penalty. The settlement requires Amazon to add a "clear and conspicuous" option to decline Prime during checkout and to simplify the cancellation process."Amazo ...

Key Takeaways SFIX reported Q4 revenues of $311.2M, down 2.6% but above the $301M consensus estimate.Loss narrowed to 7 cents per share, beating estimates and improving from last year's 12-cent loss.AOV rose 12% and RPAC grew 3%, marking consecutive quarters of client spending growth.Stitch Fix, Inc. (SFIX) reported fourth-quarter fiscal 2025 results, wherein the top and bottom lines beat the Zacks Consensus Estimate. The top line declined from the year-earlier quarter. Meanwhile, the bottom line fared bett ...

SEATTLE (AP) — Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission, which said the online retail giant tricked customers into signing up for its Prime memberships and made it difficult for them to cancel after doing so. The Seattle company will pay $1 billion in civil penalties — the largest fine in FTC history, and $1.5 billion will be paid to consumers who were unintentionally enrolled in Prime, or were deterred from canceling their subscriptions, the agency said Thur ...

Creator-powered commerce platform expands its roster of athletes and entertainers with a dedicated shop for the iconic documentary about the life and times of champion MMA fighter Mark KerrNEWPORT BEACH, Calif., Sept. 25, 2025 (GLOBE NEWSWIRE) -- Amaze Holdings, Inc. (NYSE American: AMZE) (“Amaze”), a global leader in creator-powered commerce, today announced the launch of an exclusive online storefront for The Smashing Machine, a line of limited edition apparel and merchandise inspired by the seminal HBO d ...

Partnership aligns with Jumia's push for ecofriendly deliveries and sustainable e-commerce KAMPALA, UG / ACCESS Newswire / September 25, 2025 / Jumia (NYSE:JMIA), a leading e-commerce platform in Africa, has partnered with Spiro to launch a fleet of electric bikes (e-bikes) to power deliveries in Uganda, within Kampala. This initiative marks a significant step in Jumia's ongoing Environmental, Social, and Governance (ESG) strategy to reduce carbon emissions and promote sustainable business practices. ...

Lou Whiteman: I'm a terrible person to ask this because it's so boring, Rick. Not because I'm brilliant, not because I don't have terrible mistakes, but rather I don't tend to dabble in the early stage companies that get these great explosions later higher. I assure you, if I would have owned Amazon or if I would have owned Tesla back in the day, I would have sold them, and I would have regretted them now. But I do have a lot of regrets, and I do think there's a lesson there because I share a theme. Two rea ...