President Donald Trump commuted the criminal sentence of Ozy Media founder Carlos Watson on Friday, just hours before Watson was due to begin serving a 116-month…
Business
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The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity,…
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BusinessEditor's Pick
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 disappointed analysts. On an Thursday…
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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 national security missions across the…
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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 investment products, more consumers will…
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BusinessEditor's Pick
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 uncertainty in energy markets that…
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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 on some products to offset…
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Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using…
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BusinessEditor's Pick
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 later loan services to merchants…
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BusinessEditor's Pick
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 grand prize for his company’s…