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Business News

Location American Business News for 29 May 2025
Amalgamated Bank execs discriminated, misused funds: Lawsuit Three current and former employees of the New York City-based bank allege that executives made racist comments, misused corporate money and retaliated against protected complaints.
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Cannes Film Festival & Market Reaffirms One Persisting Trend Beyond the silver screen and behind the giant red carpet and gowns, there is a well-attended and robust market to be explored.
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Elon Musk, Distanced From Trump, Says He's Exiting Washington and DOGE The billionaire has made clear he is frustrated with the obstacles he encountered as he tried to upend the federal bureaucracy.
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Here's why Nvidia's stock is climbing despite a disappointing forecast Investors are embracing a "keep calm and carry on" attitude as Nvidia shows a healthy business outside of China, with big growth opportunities ahead.
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Trump's 'Liberation Day' Tariffs Struck Down In Court The Court of International Trade unanimously ruled that Trump didn't have the authority to impose the sweeping tariffs.
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Goldman Sachs Predicts Sub-$60 Oil Prices In 2026 Global investment bank has gone even more bearish for next year based on its expectations of yet higher non-OPEC oil production.
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Supreme Court Boosts Oil Billionaires By Restricting Environmental Reviews Justice Neil Gorsuch recused from the case due to his friendship with energy billionaire Philip Anschutz--one of several oil billionaires with a stake in the case.
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Kohl's stock soars as a sales beat, affirmed outlook soothes some tariff fears Kohl's beats sales expectations for the first time in more than three years, and keeps its outlook intact, to assuage some tariff fears.
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Seven Practical Tips For Manufacturers Amid Tariff Uncertainty Manufacturers can't afford to freeze in place amid tariffs. One thing seems certain: in one form or another, tariffs are here to stay as the current administration takes a protectionist approach to global trade.
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A New Bagatelle Collab Refreshes Gosman's Dock In Montauk Gosman's Dock by Bagatelle opens on Thursday, May 29, 2025 with a variety of food and beverage spaces.
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The Coolest Trends And Innovations In Produce Preservation A look at some of the most trending innovations in produce preservation, helping to curb food waste and save the planet.
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Apple finally got good news about the iPhone this week

Business Insider - 29 May 2025 23:48
The iPhone 16 is the best-selling smartphone globally in Q1 2025, but Apple's revenue misses targets, raising concerns about its overall success.
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Epic Games has launched the Fortnite Data API to the public, allowing anyone to access information about the company's own islands.
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AEO reported quarterly earnings that missed expectations, reflecting a $75 million merchandise write-down, following the company pulling its full-year guidance.
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Andy Ogles Discusses Calling For House Investigations Into Nashville Mayor Critical Of ICE Operations Rep. Andy Ogles called on the House Judiciary and Homeland Security Committees to investigate Nashville Mayor O'Connell, who was critical of a recent ICE operation.
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The Fed's Problem And The Interest Rate Forecast The Fed is coping with tremendous changes in policy, plus swings back and forth on tariffs. Their latest minutes lead me to anticipate no interest rate changes this year.
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Collegiate Sport Needs To Prioritize Women's Leadership Advancement Leadership imbalances have forever plagued collegiate sport, with men dominating coaching and administrative roles. However, the data shows women leaders excel in the areas that sport organizations need most.
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Prioritize mental health as a business imperative

Fast Company - 29 May 2025 23:20
Prioritize mental health as a business imperative Why it matters during Mental Health Awareness Month...and every other month If you break your arm, you get a cast. If your cholesterol is high, you get a prescription. But what happens when what ails you is mental, behav...
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Wells exits another consent order, leaving just the big one The megabank, which has spent years trying to improve its regulatory compliance, now has just one consent order remaining. And observers expect that Wells' historic asset cap will be lifted soon.
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I started a masters program in my 30s. Now I'm working toward a doctorate. It's not easy to do as a mom of three, but I'm glad I've kept going.
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Ulta Beauty is warning about consumer 'uncertainty.' It still nudged its forecast higher. Shares of Ulta Beauty rallied after hours on Thursday as the cosmetics retailer grew slightly more upbeat on the year ahead -- while still warning its outlook reflected "uncertainty around how consumer demand could evolv...
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DeFi Dev Corp. Becomes First Public Company to Integrate Solana Liquid Staking Into Treasury Strategy DeFi Development Corp. has become the first publicly traded company to adopt Solana-based liquid staking tokens (LSTs), integrating Sanctum's technology to enhance its SOL treasury management and validator operations. Sa...
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