CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20,...
Author: admin
Trump says he’s weighing giving 20% of DOGE savings to Americans
U.S. President Donald Trump revealed on Wednesday that he's considering sending 20% of the money saved by the Department of Government Efficiency advisory group to Americans."There's even under consideration a new concept where we give 20% of the DOGE savings to American citizens and 20% goes to paying down debt,"...
Birkin bag maker Hermes posts better-than-expected jump in fourth-quarter sales
A Hermes Birkin bag in a window display at a KaDeWe department store in Berlin, Germany, on Friday, Jan. 3, 2025. Bloomberg | Bloomberg | Getty ImagesHaute couture fashion house Hermes on Friday reported a better-than-expected jump in fourth-quarter sales, proving still strong demand for the most exclusive products in an...
As Target and other retailers drop DEI programs, Black founders could face tougher battle to get and stay on shelves
Brown Girl Jane's sales have more than doubled since the brand got picked up by Sephora last year. The beauty retailer took the 15 Percent Pledge, an effort to add more Black-owned brands to shelves.Courtesy: Brown Girl JaneFragrance brand Brown Girl Jane's perfume bottles sit on shelves at Sephora near...
Defense stocks drop after Trump says Pentagon spending could be halved
U.S. President Donald Trump sits in the Oval Office of the White House in Washington on Feb. 13, 2025.Kevin Lamarque | ReutersDefense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending.Trump said Thursday at the White House the U.S. could cut defense...