Bussines

100 Articles

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...

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...

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...

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...

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,...

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...

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...

Microsoft says goodbye to the Windows blue screen of death

It’s a bittersweet day for Windows users. Microsoft is scrapping its iconic “blue screen of death,” known for appearing during unexpected restarts on...