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

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

In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical…
July 4, 2025
Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands
Posted inInvesting

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

Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer…
July 4, 2025
Microsoft laying off about 9,000 employees in latest round of cuts
Posted inInvesting

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

Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect…
July 3, 2025
Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap
Posted inInvesting

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

Apple has accused a former engineer for its Vision Pro headset computer of stealing company…
July 3, 2025
Clean energy stocks fall as Trump bill would tax components from China, phase out credits
Posted inInvesting

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

Clean energy stocks fell Monday as President Donald Trump’s spending legislation now includes a tax…
July 2, 2025
Lululemon sues Costco over selling alleged dupes
Posted inInvesting

Lululemon sues Costco over selling alleged dupes

Love your Costco dupes? Lululemon is coming after them. Lululemon has filed a lawsuit against…
July 2, 2025
Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems
Posted inInvesting

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

Google on Monday announced a partnership with Commonwealth Fusion Systems, or CFS, a private company…
July 1, 2025
Home Depot is buying GMS for about $4.3 billion as it chases more home pros
Posted inInvesting

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

Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3…
July 1, 2025
Apple reveals complex system of App Store fees to avoid E.U. fine of 500 million euros
Posted inInvesting

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

Apple Thursday made changes to its App Store European policies, saying it believes the new…
June 30, 2025

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