Brookstone files for bankruptcy and will close all of its mall stores
Brookstone filed for bankruptcy and will close its remaining 101 mall stores. The mall and airport seller, best known for massage chairs, quirky gadgets, and travel luggage, filed for Chapter 11 bankruptcy in federal court on Thursday. It was Brookstone's …
Apple profit soars; Tariff threats; Tesla earnings
Apple profits: Apple sold essentially the same number of iPhones last quarter as it did a year prior, but sales and profits soared as it made more money from higher-priced devices
Pampers and Charmin are getting more expensive
Get ready to pay a little more for Pampers, Charmin, Bounty, and Puffs. Procter & Gamble said on Tuesday that it was in the process of raising Pampers' prices in North America by 4%. P&G also began notifying retailers this …
Amazon HQ2 bid is already paying off for some cities
Birmingham, Alabama's bid for Amazon's second headquarters wasn't enough to take first place, but it did earn the city its first fulfillment center from the tech giant.
Food shortages? Grounded flights? These could be the consequences of a messy Brexit
Would a messy Brexit cause food shortages? Or planes to be grounded? Would car plants fall silent? With just eight months to go before Brexit, the UK government is fighting off accusations that it's not doing enough to prepare for …
Why Amazon can't touch Ross and TJMaxx
As department stores, specialty stores and big box retailers retrench, discount chains are growing. Ross, a clothing and home decor chain, recently opened 30 stores and plans to add 70 more this year. It's aiming for 2,500 stores eventually, up …
Walmart Supports Future Leaders Through Funding to the Congressional Black Caucus Foundation and the Congressional Hispanic Caucus Institute
Walmart announced $2 million in grants to organizations working to expand internship opportunities for diverse youth populations, the Congressional Black Caucus Foundation, Inc.
Magic Johnson Explains How He Brokered the $154 Million Deal With Lebron James
NBA legend Earvin "Magic Johnson" explained in detail how he brokered the $154 million dollar deal for Lebron James to come and play for the Los Angeles Lakers.
Corona's Parent Sharpens Pitch to Hispanic Drinkers
Constellation Brands wants to strengthen its appeal to Hispanic drinkers.
Facebook’s Diversity Efforts Failing African American and Hispanic Women
Facebook is inching toward increasing the diversity of its workforce but it still has a big problem:
Growing the Dollar in Black Businesses
Fifteen years ago Frederick E. Jordan and John William Templeton were just two Black businessmen living the American dream. Jordan operated an engineering and construction management company, F.E. Jordan Associates Inc., while Templeton was president and executive editor of eAccess …
Whirlpool loved Trump's tariffs. Now it's struggling
"Tariffs are the greatest!" President Donald Trump said on Twitter Tuesday morning. Whirlpool used to agree.
Hasbro adjusts to life without Toys 'R' Us and stock soars
Hasbro hopes the worst is over. Sales fell 7% in the last quarter and earnings were down more than 10% from a year ago.
USHCC Announces Comcast as 2018 National Convention Corporate Chair
The United States Hispanic Chamber of Commerce (USHCC) is proud to announce Comcast as the Corporate Chair of its 2018 USHCC National Convention in Philadelphia this September.
The classic car industry could be hurt by tariffs, too
Higher tariffs on cars and parts could sideswipe the collector car industry. More than 20 million cars are classified as "collector cars" in the United States, according to Hagerty Insurance, a company that insures them. More than $1.5 billion worth …
