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

    by admin July 7, 2025
    July 7, 2025

    Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect…

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  • Business

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

    by admin July 7, 2025
    July 7, 2025

    In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical…

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  • Business

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

    by admin July 7, 2025
    July 7, 2025

    Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer…

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  • Business

    Netflix stock is trading at all-time high levels in unprecedented win streak

    by admin May 7, 2025
    May 7, 2025

    Netflix is on a winning streak. The streaming giant’s stock has traded for 11 straight days…

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  • Business

    Temu halts shipping direct from China as de minimis tariff loophole is cut off

    by admin May 7, 2025
    May 7, 2025

    Chinese bargain retailer Temu changed its business model in the U.S. as the Trump administration’s new rules…

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  • Business

    Skechers to be acquired by 3G Capital in take-private deal, shares soar 25%

    by admin May 7, 2025
    May 7, 2025

    Footwear giant Skechers has agreed to be acquired by private equity firm 3G Capital for $63 per…

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  • Business

    Rite Aid files for second bankruptcy in two years

    by admin May 7, 2025
    May 7, 2025

    U.S. pharmacy chain Rite Aid on Monday filed for bankruptcy protection for the second time…

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  • Business

    Amazon’s Zoox robotaxi unit issues software recall after recent Las Vegas crash

    by admin May 7, 2025
    May 7, 2025

    Amazon’s Zoox issued a software recall for 270 of its robotaxis after a crash in…

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