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Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

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1 Mins read
What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK Kellogg Co., the manufacturer of iconic American…
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White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

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1 Mins read
President Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested he…
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Sports executive charged with bid-rigging in Texas arena project

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3 Mins read
Oak View Group CEO Tim Leiweke was indicted on a federal criminal conspiracy charge related to allegedly rigging a bid to develop,…
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Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases

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4 Mins read
Amazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price worries and…
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Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

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1 Mins read
Boeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its bestselling…
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Waymo offers teen accounts for driverless rides

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1 Mins read
Waymo announced Tuesday that it is offering accounts for teens ages 14 to 17, starting in Phoenix. The Alphabet-owned company said that,…
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Is a Chinese chain’s blood orange cold brew the future of coffee in America?

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3 Mins read
Chinese chain Luckin Coffee opened its first two U.S. locations this week, betting that mobile-only ordering and creative flavors can lure customers…
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Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

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4 Mins read
In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager…
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Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands

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2 Mins read
Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed…
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As his feud with Trump reignites, Musk’s business with the government is back in the crosshairs

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