Business

Coca-Cola says its success relies on diversity and inclusion in the workplace and warns of potential negative impacts if workforce diversity policies are changed.

Published on: February 21, 2025, 01:00 PM UTC

KPMG pulls back on diversity, equity, and inclusion initiatives, citing legal landscape surrounding DEI efforts. The firm ends Accelerate 2025 strategy and removes DEI transparency reports from its website.

Published on: February 21, 2025, 01:00 PM UTC

US Justice Department begins investigating UnitedHealth over Medicare billing practices

Published on: February 21, 2025, 01:00 PM UTC

Worries about tariffs overshadow Walmart’s recent earnings beat. The company says it can shift supply and lean into private brands to keep prices low, but it hasn't ruled out passing along some cost increases to consumers.

Published on: February 21, 2025, 12:03 PM UTC

Rivian (RIVN) Q4 Results: Gross Profit, Smaller 2024 EBITDA Loss, and 2025 Loss Reduction

Published on: February 21, 2025, 12:02 PM UTC

Mass layoffs at the IRS could impact this year's tax season, raising concerns about customer service, processing delays, reduced enforcement, and potential taxpayer headaches.

Published on: February 21, 2025, 12:01 PM UTC

US companies, particularly small businesses, face challenges due to President Trump's tariffs. Many are forced to increase prices or absorb costs, impacting profit margins and expansion plans. Uncertainty over future tariffs affects business investment and supply chain adjustments. While some businesses have found workarounds, others lack resources and lobbying power. Despite positive aspects of Trump's agenda, tariffs remain a concern, especially for industries facing other challenges like high mortgage rates.

Published on: February 21, 2025, 12:01 PM UTC

Standard Chartered CEO Bill Winters slams EU bonus cap, saying it made bankers lazy and less likely to work hard. The cap, which limited bonuses to two times salary, has been scrapped by the UK. Winters will benefit from the bonus cap overhaul, with a maximum pay packet of £13.1m.

Published on: February 21, 2025, 12:00 PM UTC

U.S. President Trump claims value-added taxes (VAT) hurt America's trade deficit, while 170+ countries insist they have no impact. Despite White House officials' claims of a "double-whammy" effect, trade experts argue that VAT may not be the trade deterrent it's made out to be.

Published on: February 21, 2025, 12:00 PM UTC

U.S. stocks pulled back Thursday as investors assessed Walmart's outlook and weighed the impact of President Trump's planned tariffs and policy shifts.

Published on: February 21, 2025, 11:02 AM UTC