De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.
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AI-powered search engine startup Perplexity announced a revenue-sharing program on Tuesday with a handful of media companies.
Suppliers are upset Temu is swapping to a more Amazon-esque supplier model and trying to drive prices ever-downward.
Vitol Group, the world’s largest independent oil trader, has paid around a record $6.4 billion in share buybacks to its employee-owners.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
A recent study adds more ammunition to the idea that disturbing the sea floor via deep sea mining could do serious ecological damage.
Pioneering online education company 2U filed for bankruptcy, even as the public writ large has gradually embraced online learning.
Taylor Swift may be signed to the label, but Universal Music Group somehow can’t find a way to make its business work.
Netflix is rolling out the first major redesign of its home hub since 2013, hoping people might watch more if inundated with less.
Pfizer, Moderna, and GlaxoSmithKline are developing vaccines for RSV to fill the gap on their balance sheets.
General Motors shares tumbled after the company said its driverless taxi division, Cruise, will suspend production of the Origin robotaxi.
Shell has started to shop around for buyers to offload its stake in an offshore wind project off the coast of Scotland.
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.