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LGBTQ+ entrepreneurs beginning companies in report numbers
Liz Whalen co-owns Rebel Rebel, a hair salon in Libertyville, Ill. that caters to LGTBQ+ clients. Courtesy: Lissete Briggs In the face of the anti-diversity, equity and inclusion environment, LBGTQ+ small business owners have remained resilient — and are actually starting businesses in record numbers. Some 10% of entrepreneurs who started their own businesses last…
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Nike inventory soars after higher than feared This fall 2025 outcomes
Nike stock soared 17% on Friday after the company said the worst of its struggles are behind it, following a better-than-feared fiscal fourth-quarter earnings report. Nike on Thursday reiterated it would take the biggest financial hit from its turnaround plan during the quarter, soothing investors who worried President Donald Trump’s tariff hikes on key Nike…
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Trump’s tax invoice might finish ‘SALT’ workaround for some companies
Speaker of the House Mike Johnson, R-La., speaks to the media after the House narrowly passed a bill forwarding President Donald Trump’s agenda at the Capitol on May 22, 2025. Kevin Dietsch | Getty Images As Senate Republicans debate trillions of tax breaks advanced by the House, some business owners could be blocked from part…
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Lakers homeowners Buss household promote majority stake at $10 billion valuation
Owner Jeanie Buss of the Los Angeles Lakers and Jay Mohr prior to game one of a first round NBA basketball game between the Los Angeles Lakers and the Minnesota Timberwolves at Crypto.com Arena in Los Angeles on Saturday, April 19, 2025. Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty Images The Buss…
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Underneath-the-radar supply apps are gaining floor within the U.S. by courting Asian eating places
Logo with QR code for Fantuan Asian food delivery service in the Silicon Valley, Mountain View, California, January 3, 2021. Smith Collection/gado | Archive Photos | Getty Images NEW YORK – When Kelly Wu feels sick and wants a delivery of congee, the Chinese porridge she grew up eating, she opts for a platform many…
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Used car costs ease from fear-buying highs
A Ford mustang is seen at a used car dealership in Montebello, California on May 5, 2025. Frederic J. Brown | AFP | Getty Images DETROIT — Used vehicle prices last month eased from their recent high in April as consumers who may have needed a vehicle but feared price hikes due to tariffs flocked…
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A 25-year-old is utilizing a Japanese idea to develop a matcha enterprise
Angel Zheng at Isshiki Matcha in New York, NY on May 21, 2025. Lisa Kailai Han | CNBC Angel Zheng is relying on the Japanese principle of “ikigai” to turn her passion for matcha — a powdered green tea with a unique taste and purported health benefits — into building what she hopes will be…
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Lilo and Sew, Mission Unimaginable break field workplace data
Still from Disney’s newest live-action remake “Lilo & Stitch.” Disney Shares of movie theater companies soared on Tuesday following a record-breaking Memorial Day Weekend at the domestic box office. AMC saw its stock jump more than 23%, while shares of Marcus Theatres’ parent company Marcus Corporation climbed 10% and Cinemark stock leaped nearly 4%. The…
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China tariff stacking pushes true price of import taxes properly above 30%
China News Service | China News Service | Getty Images The Trump administration’s trade truce with China that paused the steepest tariffs on Chinese goods isn’t offering much of a reprieve to many importers. Stacking of multiple tariff layers already implemented during the trade war has pushed up costs to import retail goods much higher…
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Cable corporations Constitution and Cox to merge
Charter Communications and Cox Communications, two of the largest cable companies in the U.S., have agreed to merge. The deal would be one of the largest in the industry – and across corporate America – in the last year. The agreement values Cox at $34.5 billion on an enterprise basis – comprised of $21.9 billion…
