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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 ordering and creative flavors can lure customers…
Investing

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 demand slid and tariffs on aluminum weighed…
Investing

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 tensions and inflation, Black entrepreneurs are eager…
Investing

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 trade secrets before starting a new job…
Investing

As his feud with Trump reignites, Musk’s business with the government is back in the crosshairs

Elon Musk and President Donald Trump are fighting again. Now Musk’s business interests — and the billions in government contracts they enjoy…
Investing

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 less than 4% of its global workforce…
Investing

Lululemon sues Costco over selling alleged dupes

Love your Costco dupes? Lululemon is coming after them. Lululemon has filed a lawsuit against Costco, accusing the big box store of…
Investing

Clean energy stocks fall as Trump bill would tax components from China, phase out credits

Clean energy stocks fell Monday as President Donald Trump’s spending legislation now includes a tax on wind and solar projects using Chinese…
Investing

Google makes first foray into fusion in venture with MIT spinoff Commonwealth Fusion Systems

Google on Monday announced a partnership with Commonwealth Fusion Systems, or CFS, a private company spun off from the Massachusetts Institute of…
Investing

Home Depot is buying GMS for about $4.3 billion as it chases more home pros

Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw…
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