Business news
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...
adminJuly 4, 2025 
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...
adminJuly 3, 2025 
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...
adminJuly 3, 2025 
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 on wind and solar projects using Chinese components...
adminJuly 2, 2025 
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...
adminJuly 2, 2025 
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 billion as the retailer moves to draw more...
adminJuly 1, 2025 
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 spun off from the Massachusetts Institute of Technology,...
adminJuly 1, 2025 
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 rules will help the company avoid a fine...
adminJune 30, 2025 
Women’s Tennis Association extends media rights deal with Tennis Channel through 2032
The Tennis Channel is extending its deal with the Women’s Tennis Association that will see the cable TV network and streaming service continue...
adminJune 27, 2025 
Divided Fed proposes rule to ease capital requirements for big Wall Street banks
The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent from...
adminJune 27, 2025 