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Categories Business

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 Business

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 Business

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

July 3, 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 Business

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

July 2, 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 Business

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 Business

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

July 2, 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 Business

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

July 1, 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 Business

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 Business

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 Business

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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Categories Business

Apple reveals complex system of App Store fees to avoid E.U. fine of 500 million euros

June 30, 2025

Apple Thursday made changes to its App Store European policies, saying it believes the new rules will help the company avoid a

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Categories Business

Microsoft says goodbye to the Windows blue screen of death

June 30, 2025

It’s a bittersweet day for Windows users. Microsoft is scrapping its iconic “blue screen of death,” known for appearing during unexpected restarts on

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Categories Business

Divided Fed proposes rule to ease capital requirements for big Wall Street banks

June 27, 2025

The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent

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Categories Business

Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

June 27, 2025

The Tennis Channel is extending its deal with the Women’s Tennis Association that will see the cable TV network and streaming service

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Categories Business

Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

June 26, 2025

Chris Schwegmann is getting creative with how artificial intelligence is being used in law. At Dallas-based boutique law firm Lynn Pinker Hurst &

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Categories Business

Bumble shares jump 26% as dating company plans to axe 30% of workforce

June 26, 2025

Bumble shares rallied more than 26% on Wednesday after the dating app company revealed in a securities filing that it intends to

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