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.
China is a top global producer of 30 of the 50 minerals the US considers critical, and is sources more than half of the US annual supply.
The warnings come as the industry adapts to seismic shifts in technology — which means it may just have some new tricks up its sleeve.
Banks pocketed huge sums in the first quarter from equities because the “increased market volatility” triggered a rush on transactions.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
As a share of US GDP, the manufacturing sector has decreased from a nearly 25% peak in the 1950s to about 11% today.
A handful of retail executives hinted this week that they are eyeing some strategic advantages and opportunities amid the trade war.
While Kuiper won’t generate revenue for a while, Amazon is still using its enormous influence to position itself for some corporate Star Wars.
Airline stocks are in a prolonged nosedive: Delta, American, and United have each fallen 35 to 45% this year.
A Minecraft Movie is lighting the box office on fire. It’s a much-needed win for the battered Warner Bros Discovery.
Elon Musk’s departure from the Department of Government Efficiency still remains something of an “if,” not a “when.”
Netflix is rolling out the first major redesign of its home hub since 2013, hoping people might watch more if inundated with less.
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.