Business

In a surprising turn of events, Molson Coors has announced a significant overhaul of its diversity, equity, and inclusion (DEI) policies. This move aligns the company with a rising trend of corporations re-evaluating their approaches towards DEI initiatives. In an internal memo obtained by CNBC, leaders within the company articulated plans to eliminate supplier diversity
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Steph Curry, the four-time NBA champion and ten-time All-Star, is not merely a player focused on his immediate performance but is thoughtfully contemplating his future endeavors beyond basketball. In an enlightening conversation on CNBC’s “Squawk on the Street,” Curry opened up about his aspirations, including his entrepreneurial ventures and the prospect of one day owning
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The dining landscape has been increasingly tumultuous in 2024, as a notable surge in restaurant bankruptcies underscores a pivotal shift within the culinary business world. The surge mirrors escalating corporate bankruptcies across various sectors, revealing vulnerabilities in an industry still grappling with the aftermath of the COVID-19 pandemic. So far this year, 10 significant restaurant
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The cannabis industry in New York has recently entered uncharted territory with the emergence of luxury marijuana products and retailers in prime shopping districts. Gone are the days when cannabis was primarily associated with underground markets; today, it has found a prominent place in high-end retail environments, especially along Fifth Avenue. This change not only
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On a pivotal Friday, the Food and Drug Administration (FDA) granted emergency authorization to Novavax’s revamped protein-based Covid vaccine for individuals aged 12 and older. This move marks a significant step for Novavax, allowing it to join the competitive landscape alongside established mRNA vaccines from Pfizer and Moderna as the colder months approach. This development
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Best Buy recently showcased a pivotal turnaround in its financial forecasts as it raised its fiscal-year profit guidance, indicating a sense of optimism amid ongoing economic challenges. Having surpassed analysts’ expectations for both earnings and revenues in its latest quarter ending August 3, the electronics retail giant now anticipates adjusted earnings per share to range
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