De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Paris-based Pernod Ricard announced Wednesday that it’s selling most of its wine portfolio to a consortium of Australian wine investors.
Italy’s antitrust agency has opened an investigation into Dior and Armani over allegations of worker exploitation.
PricewaterhouseCoopers’ annual Global Entertainment & Media Outlook says the media industry has plenty of reasons for optimism.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
Roku wants to personalize movie night with generative AI.
Not only is sportswear and sneaker giant Nike faced with struggling financials, but it is also searching for its soul.
Commissioner Roger Goodell said the NFL is en route to allowing PE groups to take ownership stakes in franchises
Netflix is rolling out the first major redesign of its home hub since 2013, hoping people might watch more if inundated with less.
Microsoft’s gaming division Xbox announced it’s splitting its hugely popular subscription service Game Pass into two subscription tiers.
CNN announced layoffs of 100 employees, a reorganization of its newsrooms, and its “first direct-to-consumer subscription product.”
Athletic Brewing Company, valued at $800 million following a $50 million fundraising round, makes craft beer that won’t get you drunk.
Novo Nordisk, maker of weight-loss drug Wegovy, struck a deal with online telehealth storefronts that sold cheap knockoffs during shortages.
Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.
To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.