The pickup was especially fueled by millennials and Gen Z users, who spent more on experiences such as travel and entertainment.
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Target rolls back DEI initiatives, the latest big company to retreat
Target joins Walmart, Meta, McDonald’s and a wave of other major companies pulling back on DEI programs.
Continue readingUnrivaled women’s basketball league debuts Friday. Here’s everything we know about it
The Unrivaled basketball league will play its first games, airing on TNT, on Friday. It’s poised to capitalize on growing national interest in women’s sports.
Continue readingFTC sues PepsiCo, alleging price discrimination is raising costs for consumers
The Federal Trade Commission is suing PepsiCo for alleged price discrimination in the final days of the Biden administration.
Continue readingFAA grounds SpaceX’s Starship after mid-flight explosion, reports property damage on Turks and Caicos
The FAA grounded SpaceX’s Starship pending an investigation into the failure that caused the rocket to break apart midflight after launching on Thursday.
Continue readingOzempic is in the next round of Medicare drug price negotiations. See the full list of 15 medications
The talks around drugs including Novo Nordisk’s Wegovy, GSK’s Trelegy Ellipta, and Pfizer’s Xtandi will set Medicare prices that go into effect in 2027.
Continue readingWhy 2025 is set to be a crucial year for Amazon’s Zoox robotaxi unit
This year is expected to be a crucial one for Amazon’s Zoox, as the company plans to grow its operations and commercialize a robotaxi business.
Continue readingSpaceX catches Starship booster again as rocket continues on in space
SpaceX launched the seventh test flight of its Starship rocket on Thursday.
Continue readingWall Street banks had a great quarter, and the boom times are just starting
JPMorgan Chase, Goldman Sachs and Morgan Stanley easily topped estimates for the fourth quarter.
Continue readingInvestors pitch new international basketball league that would offer players equity
The investors are looking to raise $5 billion to start a basketball league that could offer players equity to potentially lure them away from the […]
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