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    Economy

    167 posts
    • Economy

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

    • July 4, 2025
    • admin
    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 to the Essence Festival of Culture…
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    • Economy

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

    • July 4, 2025
    • admin
    Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its profitability. Still, the brewer reiterated its…
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    • Economy

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

    • July 3, 2025
    • admin
    Elon Musk and President Donald Trump are fighting again. Now Musk’s business interests — and the billions in government contracts they enjoy — are once again in the crosshairs. Investors…
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    • Economy

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

    • July 3, 2025
    • admin
    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 teams, geographies and levels of experience,…
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    • Economy

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

    • July 3, 2025
    • admin
    Apple has accused a former engineer for its Vision Pro headset computer of stealing company trade secrets before starting a new job at Snap, according to a lawsuit filed in…
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    • Economy

    Lululemon sues Costco over selling alleged dupes

    • July 2, 2025
    • admin
    Love your Costco dupes? Lululemon is coming after them. Lululemon has filed a lawsuit against Costco, accusing the big box store of selling knockoffs of the athleisure brand’s apparel for…
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    • Economy

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

    • July 2, 2025
    • admin
    Clean energy stocks fell Monday as President Donald Trump’s spending legislation now includes a tax on wind and solar projects using Chinese components and abruptly phases out key credits. Shares…
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    • Economy

    Microsoft says goodbye to the Windows blue screen of death

    • July 1, 2025
    • admin
    It’s a bittersweet day for Windows users. Microsoft is scrapping its iconic “blue screen of death,” known for appearing during unexpected restarts on Windows computers. The company revealed a new…
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    • Economy

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

    • July 1, 2025
    • admin
    Google on Monday announced a partnership with Commonwealth Fusion Systems, or CFS, a private company spun off from the Massachusetts Institute of Technology, which marks the tech giant′s first commercial…
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    • Economy

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

    • July 1, 2025
    • admin
    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 sales from contractors and other home professionals.…
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