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Founders of Black-owned brands adapt their hopes and business plans for a post-DEI era
NEW YORK (AP) — The co-founders of a company that makes lip products for darker skin tones no longer hope to get their line into Target. A brother and sister who make jigsaw puzzles celebrating Black subjects wonder if they need to offer “neutral” images like landscapes to keep growing. Pound Cake and Puzzles of Color [&h[...]
Kroger blames Albertsons for merger’s demise in new court filings
Kroger is denying Albertsons’ claims that it didn’t do enough to ensure regulatory approval of the companies’ planned supermarket merger. In court papers filed Tuesday in the Delaware Court of Chancery, Kroger said Albertsons disregarded the companies’ merger agreement and worked secretly with a partner, [...]
Trump’s crypto empire set to expand with new stablecoin and investment fund offerings
President Donald Trump’s crypto empire is expanding with the recent announcements of a new dollar-backed stablecoin and investment funds for digital assets. The moves are the latest in the norm-defying ways the president has leaned into crypto projects that could significantly boost his personal wealth while in office. W[...]
Waymo plans to bring its driverless taxis to Washington in 2026
Waymo on Tuesday added Washington to its pioneering robotaxi service’s steadily expanding list of U.S. markets, although passengers will have to wait until next year until they can take a driverless ride around the nation’s capital city. For now, Waymo’s robotaxis will continue to map Washington’s street[...]
Port of Charleston adds direct connection to Mediterranean market
The Port of Charleston’s new ocean carrier deployments will be increasing from 25 to 29 weekly services. The services will continue to include prime markets such as Asia and Europe, according to an SC Ports news release. Two of the weekly services will be first-in-calls from Asia, one of which being the fastest transit fro[...]
Stock market today: Wall Street drifts ahead of report on US consumer confidence
NEW YORK (AP) — Wall Street is holding steadier Tuesday after roaring the day before on hopes that President Donald Trump’s tariffs may not be as sweeping as earlier feared. The S&P 500 was 0.1% higher in early trading after jumping 1.8% on Monday. The Dow Jones Industrial Average was up 58 points, or 0.1%, as of[...]
US consumer confidence tumbles for 4th consecutive month to 12-year low
WASHINGTON (AP) — U.S. consumer confidence fell for the fourth straight month amid rising concern over tariffs and inflation. The Conference Board reported Tuesday that its consumer confidence index fell 7.2 points in March to 92.9. Analysts were expecting a decline to a reading of 94.5, according to a survey by FactSet. The[...]
23andMe files for Chapter 11 bankruptcy as co-founder and CEO Wojcicki resigns
NEW YORK (AP) — 23andMe has filed for Chapter 11 bankruptcy protection and its co-founder and CEO has resigned as the struggling genetic testing company continues its push to cut costs. San Francisco-based 23andMe announced on Sunday that it will look to sell “substantially all of its assets” through a court-approv[...]
Stock market today: Wall Street gains ground after shaking off four-week losing streak
Stocks are broadly higher in afternoon trading as Wall Street navigates through uncertainty amid a trade war. The S&P 500 jumped 1.4% Monday. It is coming off its first winning week after a four-week losing streak. The Dow Jones Industrial Average rose 1.1% and the Nasdaq composite rose 1.9%. Wall Street remains focused on h[...]
Caught in the middle, this US oddity at the border is grappling with Trump’s trade war with Canada
POINT ROBERTS, Wash. (AP) — In the northwest corner of Washington state lies a quirky U.S. exclave so dependent on Canada’s goodwill that the strain of President Donald Trump‘s tariff war is inescapable — in the sole grocery store, at any of the three eateries, and for the many residents who never voted for him. [...]
Another massive deal in the building supply sector, James Hardie offers AZEK $8.75 billion
Australian building products company James Hardie Industries is buying the US outdoor products maker AZEK in a cash-and-stock deal valued at approximately $8.75 billion. The transaction includes about $386 million in debt. It’s the second large deal in the sector in less than a week, with QXO Inc. announcing on Thursday th[...]
Stock market today: Wall Street slips and heads for a fifth straight weekly loss
NEW YORK (AP) — Stocks fell in morning trading Friday and Wall Street is veering toward its fifth straight weekly loss. The S&P 500 fell 0.6%. The index, which is a benchmark for the broader market’s health, is facing its worst weekly losing streak in nearly two years. The Dow Jones Industrial Average fell 228 [&hell[...]
