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As retailers drop DEI programs, Black founders could face obstacles to staying on shelves

Fragrance brand Brown Girl Jane’s perfume bottles sit on shelves at Sephora near some of the most storied labels in the fashion…
Investing

Grocery stores are rationing eggs as supply falls and prices rise

Egg rationing is here. With prices rising rapidly and showing no signs of slowing anytime soon, some of the nation’s biggest grocery…
Investing

Retail sales slumped 0.9% in January, down much more than expected

Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday….
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

Tariffs would be ‘catastrophic’ for sales of tequila and mezcal, industry group says

The U.S. spirits industry maintained its market share leadership over beer and wine for a third straight year in 2024, even as…
Investing

How America’s chief consumer-protection agency came into the Trump administration’s crosshairs

When the Consumer Financial Protection Bureau made an appearance in the Heritage Foundation’s Project 2025 blueprint, the conservative group’s plan was simple:…
Investing

With Trump all-in on crypto, bitcoin bulls bet America’s corporate balance sheets are next

Last week, White House crypto czar David Sacks held his first press conference to discuss the future of crypto policy coming out…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

AI-powered sports media company raises $13 million, led by Alexis Ohanian and Giannis Antetokounmpo

ScorePlay, an artificial intelligence service for sports clips, has raised $13 million in series A funding, the company announced Tuesday. The sports…
Investing

Google says U.S. is facing a power capacity crisis in AI race against China

The U.S. is facing a power capacity crisis as the tech sector races against China to achieve dominance in artificial intelligence, an…
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