E.l.f. Beauty's profits fell 30% in its fiscal first quarter as new tariffs on Chinese imports begin to affect the cosmetic company's bottom line.In the three months that ended on June 30, E.l.f.'s net income fell to $33.3 million, down 30% from $47.6 million a year ago. The company, which...
Category: News
Shares of American Eagle surge 20% after Trump calls Sydney Sweeney campaign ‘hottest ad out there’
An American Eagle advertisement featuring actress Sydney Sweeney on billboards in New York, US, on Monday, Aug. 4, 2025. Michael Nagle | Bloomberg | Getty ImagesShares of American Eagle surged more than 23% on Monday after President Donald Trump complimented the retailer's marketing campaign with actress Sydney Sweeney."Sydney Sweeney, a...
Why Black entrepreneurs flock to Martha’s Vineyard every August
Sign at Martha's Vineyard Airport, Massachusetts Cindygoff | Istock | Getty ImagesMartha's Vineyard has long been a summer vacation destination for Black families, but August in the Massachusetts beach community is becoming an important hub for Black entrepreneurs, investors and financial firms, too."I would say the magic of it is...
Starbucks same-store sales fall again, but CEO Niccol says turnaround is ahead of schedule
Starbucks on Tuesday reported its sixth straight quarter of same-store sales declines as the company implements a turnaround strategy.CEO Brian Niccol said in a statement that the company's comeback is ahead of schedule, based on his past experience, which includes turning around Chipotle Mexican Grill after a series of food-safety...
CBS canceling Colbert begs the question: Are more late night shows next?
A marquee featuring "The Late Show with Stephen Colbert" is seen outside the Ed Sullivan Theater, where Colbert's show is produced, in New York City on July 18, 2025. Angela Weiss | AFP | Getty ImagesThere are two schools of thought around CBS' decision to end "The Late Show with...