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Bottom Line: Toy group taps Trump alum for tariff fight

trade toy association hired ballad partners Lobbying and providing advice on customs duties. Retailers are concerned as President-elect Donald Trump threatens to impose a wide range of tariffs, including punitive tariffs against both enemies and allies, particularly China. One of the account's lobbyists is Hunter Morgen, a former special assistant to the president and senior […]

Jill Biden schooled by children at White House toy drive event in priceless moment

The kids are fine. On Friday, first lady Jill Biden wished young people “Happy Holidays” at a Marine Corps Reserve toy drive, but several children quickly corrected her and the exchange was caught on camera. “Happy Christmas,'' he said, sparking a social media frenzy. “Hello! How are you? Hello! Happy Holidays,” the 73-year-old first lady […]

Trump tariffs could send US toy prices soaring more than 50%: trade group

If President-elect Donald Trump changes policy, toy makers could be forced to significantly raise prices by up to 56%. Price proposal Regulations on foreign-made products are report From the National Retail Federation. A $50 tricycle can now cost up to $78, according to a report released this week by a U.S. industry group. Under the […]

Basic Fun toy company emerges from bankruptcy ahead of holidays

The CEO of the company that makes Tonka trucks and Care Bears successfully completed a four-month term in bankruptcy court last week, bailing out all creditors while he was busy fending off takeover attempts. Basic Fun, a Boca Raton, Fla.-based company that also specializes in classic toy brands such as Lincoln Logs, Lite-Brite and Tinker […]

Toy gun-wielding teen shot after allegedly trying to rob armed man

A teenager with a toy gun was shot and killed Sunday night in Philadelphia after he allegedly tried to rob a man who was carrying a loaded gun. According to FOX 29 in Philadelphia, police say a 16-year-old boy and another suspect approached a man and his girlfriend in the 2200 block of Emerald Street […]

Rare, stone-carved toy found by archaeologists in Iceland dating back to the Viking Age

An archaeological dig in Iceland has uncovered a rare Viking Age toy, and although researchers know what period it dates to, there's still debate over which animal the figurine represents. Archaeological research has been taking place in the Fjörður town of Seyðisfjörður since 2020, excavation director Ragnheidur Traustadóttir told Fox News Digital. Many artifacts were […]

Lego bucks toy industry woes, turning in 13% sales increase

While the rest of the toy industry struggles to break even, Lego continues to break sales records. The Danish toy block maker, which has a passionate following among adults and children, said on Wednesday that sales and operating profit for the first half of 2024 had reached record highs. Revenue rose 13% to $4.6 billion […]