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Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its...
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Editor's Pick
In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager to get...
Editor's Pick
Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce across different...
Editor's Pick
As the boutique fitness sector starts to buckle, Barry’s Bootcamp on Monday announced new investment from Princeton Equity Group. “The reason why this [boutique...
Editor's Pick
Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the NBA’s 76ers...
Editor's Pick
Microsoft is forming a new group focused on developing AI apps and providing tools for third-party customers, the company announced Monday. The new group will...
Editor's Pick
Barry Diller’s IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in 2017. IAC said it expects the transaction to...
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WASHINGTON — The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion bid for U.S. Steel, the...
Editor's Pick
McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s. To test the concept, the fast-food giant opened its first CosMc’s location more than a year ago...
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Four years after exiting bankruptcy, Chuck E. Cheese is making a comeback, thanks to a dramatic makeover to introduce its games and pizza to...
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Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring of diverse candidates, the...
Editor's Pick
The Securities and Exchange Commission said Friday that World Wrestling Entertainment co-founder Vince McMahon will pay more than $1.7 million in relation to charges...
Editor's Pick
Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement Friday. “After careful consideration,...
