Business – The Market Insider

Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands

adminJuly 4, 20250

Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed on its profitability. Still, the brewer reiterated its forecast for fiscal 2026, showing confidence that it can hit its financial targets despite the weaker-than-expected quarterly performance and higher duties. Shares of the company […]

Microsoft laying off about 9,000 employees in latest round of cuts

adminJuly 4, 20250

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 teams, geographies and levels of experience, a person familiar with the matter told CNBC. The announcement comes on the second day of Microsoft’s 2026 fiscal year. Executives at the Redmond, Washington-based […]

Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

adminJuly 4, 20250

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 to the Essence Festival of Culture to connect with their core customers. “Essence Fest is like my Black Friday,” said Rochelle Ivory, owner of beauty brand On the Edge Baby Hair. […]

Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap

adminJuly 3, 20250

Apple has accused a former engineer for its Vision Pro headset computer of stealing company trade secrets before starting a new job at Snap, according to a lawsuit filed in California last week. In the June 24 court filing, Apple accuses Di Liu, a senior design engineer, of downloading thousands of documents in his final […]

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

adminJuly 3, 20250

Elon Musk and President Donald Trump are fighting again. Now Musk’s business interests — and the billions in government contracts they enjoy — are once again in the crosshairs. Investors were already punishing Tesla on Tuesday, sending shares in the electric carmaker more than 4% lower in afternoon trading. The stock has experienced a late-spring […]

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

adminJuly 2, 20250

Google on Monday announced a partnership with Commonwealth Fusion Systems, or CFS, a private company spun off from the Massachusetts Institute of Technology, which marks the tech giant′s first commercial commitment to fusion. The company unveiled plans to buy 200 megawatts of clean fusion power from what CFS describes as the world’s first grid-scale fusion […]

Lululemon sues Costco over selling alleged dupes

adminJuly 2, 20250

Love your Costco dupes? Lululemon is coming after them. Lululemon has filed a lawsuit against Costco, accusing the big box store of selling knockoffs of the athleisure brand’s apparel for a fraction of the price. According to the complaint filed Friday in the Central District of California, Costco allegedly ‘unlawfully traded’ on Lululemon’s ‘reputation, goodwill […]

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

adminJuly 2, 20250

Clean energy stocks fell Monday as President Donald Trump’s spending legislation now includes a tax on wind and solar projects using Chinese components and abruptly phases out key credits. Shares of NextEra Energy, the largest renewable developer in the U.S., fell 4%. Solar stocks Array Technologies, Enphase and Nextracker were down between 1% and 9%. […]

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

adminJuly 1, 20250

Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals. Shares of Home Depot were roughly flat in early trading Monday. GMS shares jumped more than 11%. As part of the deal, the Home Depot-owned […]

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

adminJuly 1, 20250

Recent News

Joyful Parisians take a historic plunge into the Seine after 100 years

Ukraine says it struck a Russian air base as Moscow sent hundreds of drones into Kyiv

Japan braces for more quakes, authorities dismiss doomsday hype

Category: Business

Joyful Parisians take a historic plunge into the Seine after 100 years

Ukraine says it struck a Russian air base as Moscow sent hundreds of drones into Kyiv

Japan braces for more quakes, authorities dismiss doomsday hype

A Gaza ceasefire is the closest it has been in months. Here’s what we know

Dalai Lama marks his 90th birthday as crowds throng his home-in-exile

For the first time, Xi is missing a China-backed BRICS summit. Why?

Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands

Microsoft laying off about 9,000 employees in latest round of cuts

Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

Apple sues former Vision Pro employee for allegedly stealing ‘thousands of documents’ before joining Snap

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

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

Lululemon sues Costco over selling alleged dupes

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

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

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

Grid News

Joyful Parisians take a historic plunge into the Seine after 100 years

Ukraine says it struck a Russian air base as Moscow sent hundreds of drones into Kyiv

Japan braces for more quakes, authorities dismiss doomsday hype

A Gaza ceasefire is the closest it has been in months. Here’s what we know

Latest Post

Joyful Parisians take a historic plunge into the Seine after 100 years

Ukraine says it struck a Russian air base as Moscow sent hundreds of drones into Kyiv

Japan braces for more quakes, authorities dismiss doomsday hype