De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.
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“Any potential cost savings based off a vehicle’s lower-than-average carbon footprint could influence more price-conscious consumers.”
Robert “Kelly” Ortberg, an industry veteran, will take over as Boeing’s CEO on Aug. 8, inheriting its financial woes.
Uber announced a new partnership with BYD to get 100,000 of its drivers into the company’s electric vehicles.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
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.
McDonald’s warned that customers might be getting sick of price hikes. It was right. Sales fell year-over-year for the first time since 2020.
Netflix is rolling out the first major redesign of its home hub since 2013, hoping people might watch more if inundated with less.
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.
A patent for generative neural network-based ultrasounds from medical device firm Philips could provide more data to develop AI innovations throughout…
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.