Tag: business news
Here’s how two apps connect Black-owned restaurants with new customers
Zoom In IconArrows pointing outwardsEatOkra's mobile app lists nearby Black-owned restaurants.Courtesy: EatOkraWhen Anthony Edwards Jr. and his then-g [...]
Roku shares surge as company halves quarterly losses
Shares of Roku surged more than 10% Friday, at one point reaching a new 52-week high, on earnings that beat Wall Street expectations.In an interview o [...]
Moderna (MRNA) Q4 earnings 2024
Moderna on Friday posted fourth-quarter revenue that beat estimates, but lost more than expected for the period, as the biotech company continues to s [...]
Target Walmart DEI decisions could hurt Black founders
Brown Girl Jane's sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15 Percent Pledge, an [...]
Elon Musk ripped a company for storing government records in a mine. Now, DOGE may give Iron Mountain a boost
A man exits the Iron Mountain Inc. data storage facility in Boyers, Pennsylvania, U.S., on Tuesday, Feb. 13, 2018. The underground data center, locate [...]
Defense stocks drop after Trump says Pentagon spending could be halved
U.S. President Donald Trump sits in the Oval Office of the White House in Washington on Feb. 13, 2025.Kevin Lamarque | ReutersDefense stocks dropped s [...]
CVS Health may be on track to turn its struggling business around
The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada, on Feb. 7, 2024.Patrick T. Fallon | AFP | Getty Imag [...]
As Trump ups tariffs, GM and Hyundai increase South Korean imports
President Donald Trump welcomes South Korea's President Moon Jae-In at the White House in Washington, U.S., May 22, 2018.Carlos Barria | ReutersDETROI [...]
China biopharma deals rise with Summit, Merck
A worker is working on a drug production line at the production workshop of a pharmaceutical company in Meishan, China, on January 30, 2024. \Nurphoto [...]
Tom Brady buys ownership stake in sports collectibles company
Seven-time Super Bowl champion Tom Brady is entering the sports collectibles space.Brady will acquire a 50% stake in CardVault, a sports card and memo [...]
Zelle payments top $1 trillion in 2024
The Zelle icon is displayed on a phone screen.Jakub Porzycki | Nurphoto | Getty ImagesZelle, the payments network run by banks-owned Early Warning Ser [...]
‘Rates are going to stay where they are’
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on c [...]
CVS CEO defends PBMs, accuses drugmakers of ‘monopolistic’ practices
David Joyner, a longtime CVS executive, speaks during a Senate Health, Education, Labor and Pensions Committee hearing in Washington, D.C., on May 10, [...]
Olipop prebiotic soda valued at $1.85 billion in funding round
Super Bowl ad of Poppi.Source: PoppiPrebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which [...]
Comcast and NBCUniversal receive FCC inquiry on DEI initiatives
U.S. President-elect Donald Trump speaks to Brendan Carr, his intended pick for Chairman of the Federal Communications Commission, as he attends a vie [...]