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Categories Economy

Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

July 4, 2025

In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager

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Categories Economy

Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands

July 4, 2025

Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed

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Categories Economy

Microsoft laying off about 9,000 employees in latest round of cuts

July 3, 2025

Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce

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Categories Economy

Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap

July 3, 2025

Apple has accused a former engineer for its Vision Pro headset computer of stealing company trade secrets before starting a new job

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Categories Economy

As his feud with Trump reignites, Musk’s business with the government is back in the crosshairs

July 3, 2025

Elon Musk and President Donald Trump are fighting again. Now Musk’s business interests — and the billions in government contracts they enjoy

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Categories Economy

Lululemon sues Costco over selling alleged dupes

July 2, 2025

Love your Costco dupes? Lululemon is coming after them. Lululemon has filed a lawsuit against Costco, accusing the big box store of

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Categories Economy

Clean energy stocks fall as Trump bill would tax components from China, phase out credits

July 2, 2025

Clean energy stocks fell Monday as President Donald Trump’s spending legislation now includes a tax on wind and solar projects using Chinese

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Categories Economy

Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

July 1, 2025

Google on Monday announced a partnership with Commonwealth Fusion Systems, or CFS, a private company spun off from the Massachusetts Institute of

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Categories Economy

Home Depot is buying GMS for about $4.3 billion as it chases more home pros

July 1, 2025

Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw

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Categories Economy

Home Depot is buying GMS for about $4.3 billion as retailer chases more home pros

July 1, 2025

Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw

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