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Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands

Constellation Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ estimates as beer demand slid and tariffs on aluminum weighed…
Investing

Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

In a year when the U.S. consumer has been weighed down by economic uncertainty, geopolitical tensions and inflation, Black entrepreneurs are eager…
Latest News

Saudi defense minister secretly meets with Trump to discuss Iran de-escalation, Israel: sources

Saudi Defense Minister Prince Khalid bin Salman secretly met with President Donald Trump and other key officials in the White House on…
Latest News

Trump administration swarms SCOTUS with emergency requests and sees surprising success

The Supreme Court ended its term last week, but the justices aren’t done yet, partly due to a legal blitz President Donald…
Latest News

North Korea lashes out after Trump DOJ exposes massive IT infiltration scheme

North Korean officials accused the U.S. Department of Justice (DOJ) of running ‘an absurd smear campaign’ after announcing that it had unraveled…
Latest News

This July 4th, a family waits: American hostage’s father pleads for son’s freedom from Hamas terrorists

The first time I remember celebrating the Fourth of July was during the American bicentennial in 1976. As children living in New…
Latest News

President Trump to honor Iran strike flight team at the White House

Speaking to a crowd of supporters in Iowa on Thursday night, President Donald Trump announced that the military flight team that launched…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

As his feud with Trump reignites, Musk’s business with the government is back in the crosshairs

Elon Musk and President Donald Trump are fighting again. Now Musk’s business interests — and the billions in government contracts they enjoy…
Investing

Microsoft laying off about 9,000 employees in latest round of cuts

Microsoft said Wednesday that it will lay off about 9,000 employees. The move will affect less than 4% of its global workforce…
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