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Categories Business

White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

July 11, 2025

President Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested he

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Categories Business

Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases

July 10, 2025

Amazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price worries and

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Categories Business

Waymo offers teen accounts for driverless rides

July 9, 2025

Waymo announced Tuesday that it is offering accounts for teens ages 14 to 17, starting in Phoenix. The Alphabet-owned company said that, beginning

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Categories Business

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

July 9, 2025

Boeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its bestselling

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Categories Business

Is a Chinese chain’s blood orange cold brew the future of coffee in America?

July 7, 2025

Chinese chain Luckin Coffee opened its first two U.S. locations this week, betting that mobile-only ordering and creative flavors can lure customers

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Categories Business

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

July 4, 2025

Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed

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Categories Business

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

July 4, 2025

In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager

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Categories Business

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

July 3, 2025

Apple has accused a former engineer for its Vision Pro headset computer of stealing company trade secrets before starting a new job

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Categories Business

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

July 3, 2025

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

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Categories Business

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

July 3, 2025

Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce

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