Posted inEconomy
Trump commutes sentence of Ozy Media founder Carlos Watson
President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due…
Posted inEconomy
Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending
Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that…
Posted inEconomy
Trump signs executive order to end collective bargaining at agencies involved with national security
President Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with…
Posted inEconomy
Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services
Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital…
Posted inEconomy
FCC is investigating Disney and ABC for DEI initiatives
The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin…
Posted inEconomy
Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes
Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices…
Posted inEconomy
Chinese tea chain Chagee files for U.S. initial public offering
Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to…
Posted inEconomy
Oil executives bluntly criticize Trump tariffs and ‘drill, baby, drill’ mantra
Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created…
Posted inEconomy
Berkshire Hathaway employee wins $1 million in Warren Buffett’s March Madness bracket challenge
For the first time in nearly 10 years, a Berkshire Hathaway employee claimed Warren Buffett’s $1 million…
Posted inEconomy
Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout
Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay…