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Editor's Pick

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 tensions and inflation, Black entrepreneurs are eager to get...

2 hours ago

Editor's Pick

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 demand slid and tariffs on aluminum weighed on its...

12 hours ago

Editor's Pick

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 less than 4% of its global workforce across different...

16 hours ago

Editor's Pick

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

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

1 day ago

Editor's Pick

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 trade secrets before starting a new job at Snap,...

1 day ago

Editor's Pick

Lululemon sues Costco over selling alleged dupes

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

2 days ago

Editor's Pick

McDonald’s rising prices pushing some diners away

McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales. The company also continues to see consumers...

May 1, 2024
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