Biggest US bike manufacturer on how trade war is affecting holiday sales
Kent International CEO Arnold Kamler, who is the biggest U.S. bike manufacturer, discusses his company raising its prices this holiday season due to the China trade war.
Electric scooter companies Lime and Bolt have left several markets recently.
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In a blog post on Thursday, Brad Bao, the CEO and co-founder of Lime, announced the company would be leaving 12 cities around the world in order to shift "our primary focus to profitability," he wrote.
Those cities include: Atlanta; Phoenix, Ariz.; San Diego, Calif.; San Antonio, Texas; Linz, Austria; Bogota, Colombia; Buenos Aires, Argentina; Montevideo, Uruguay; Lima, Peru; Puerto Vallarta, Mexico; Rio de Janeiro, Brazil; and São Paulo, Brazil.