Posted inBusiness
Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker
What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK…
Posted inBusiness
White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation
President Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has…
Posted inBusiness
Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases
Amazon is extending its annual Prime Day sales and offering new membership perks to Gen…
Posted inBusiness
Waymo offers teen accounts for driverless rides
Waymo announced Tuesday that it is offering accounts for teens ages 14 to 17, starting…
Posted inBusiness
Boeing delivers most airplanes since late 2023 after ramping up 737 Max output
Boeing delivered 60 airplanes last month, the most since December 2023, as the plane maker…
Posted inBusiness
Is a Chinese chain’s blood orange cold brew the future of coffee in America?
Chinese chain Luckin Coffee opened its first two U.S. locations this week, betting that mobile-only…
Posted inBusiness
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…
Posted inBusiness
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…
Posted inBusiness
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…
Posted inBusiness
Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap
Apple has accused a former engineer for its Vision Pro headset computer of stealing company…