The U.S. goods trade deficit jumped to $105.8B in May as imports rose and exports fell, a 27.4% monthly surge that raises risks to second‑quarter growth.

Target will start counting late arrivals and no-shows under a new points system in September. Employees and labor advocates are watching closely.

JPMorgan promoted Doug Petno and Troy Rohrbaugh to co‑presidents as Marianne Lake retires, and the board paired the moves with multi‑year retention awards tied to profit targets. The shakeup tightens the bank’s succession picture.

Micron’s June 24 earnings could jolt markets: a booming DRAM ETF and a new 2x leveraged product raise the chance of outsized swings. Traders are already positioned.

UnitedHealth’s Optum is reportedly negotiating the sale of New York orthopedics and outpatient surgery operations. The move could reshape where patients go for specialty care and how local clinics are run.

Adirondack Capital Partners’ Q1 report finds SoHo captured about 43% of U.S. trophy retail trades, driven by record per‑square‑foot storefront sales and tight vacancy.

Club Pilates has struck a deal with New York‑area developer Saber Ammori to add 70 studios across Michigan, Maryland and New York, expanding a franchisee group to a potential 84 locations.

Mitchell Modell relaunched an online shop and teases a Manhattan flagship by 2030, tapping Knicks championship fervor to test demand.

Houston buyer Valiant Energy Management has purchased VanDeMark Chemical as the Lockport plant closed in May and 69 workers were laid off; the sale comes amid a lawsuit alleging toxic exposure.

CRH said it will acquire Arcosa for $8.5 billion, combining CRH’s scale with Arcosa’s U.S. aggregates and engineered‑structures footprint. The deal is subject to customary approvals.

Prime Day moves to late June and stretches to four days, with Amazon leaning on groceries and an Alexa shopping push to gauge how strained U.S. wallets are. Analysts and data firms will watch staples versus splurges for early signals.

Yum! Brands agreed to sell Pizza Hut for $2.7 billion in two deals, sending most operations to LongRange Capital and Pizza Hut China to Yum China. The sale follows years of sliding sales and store closures.

Parisian cashmere label Kujten leased a 2,567-square-foot SoHo storefront at 92 Greene Street, expanding after its Madison Avenue debut.