Starbucks CEO Brian Niccol defends company’s DEI practices, says they are ‘key’ strength of business
Starbucks CEO Brian Nicole reaffirmed at this week's shareholders meeting that the company calls it a key part of the coffee giant's strength and will continue to focus on diversity. “Starbucks is a very diverse organization and will continue to be a very diverse organization just by our mission, the nature of our values and […]
Breitbart Business Digest: Trump’s Economic Detox
Economics that detoxify the American economy That's what the American economy is like I live with the time I borrowed and the money I borrowed. For years, Washington sent out cheap credits, printed trillions and supported them It looked strong on paper, but underneath it was corrupted economy. Under Joe Biden, nearly 85% of employment […]
US judge blocks Trump order banning Dem-linked law firm from government business
A federal judge on Wednesday blocked the Trump administration from enforcing an executive order trying to punish Democrat-related law firm Perkins Koy, with the company's plaintiffs who alleged the order was unconstitutional and a violation of due process protections. The ruling from US District Judge Beryl A. Howell comes a day after a lawyer representing […]
Roomba maker iRobot warns it may go out of business, sending shares plunging
Roomba Vacuum Cleaner Maker Irobot, which was Amazon's previous $1.4 billion acquisition target, raised concerns about its ability to stay in business on Wednesday. The company's shares fell by more than 35%, extending the multi-year decline from the peak of the pandemic era. “Given macroeconomic and tariff-related uncertainties, there is a great doubt about iRobot's […]
Goldman Sachs CEO: Business community 'understands' what Trump is trying to do with tariffs
Goldman Sachs CEO David Solomon said the business community “understands” that President Trump is trying to do it with taxation on various goods despite wanting “low tariffs everywhere.” Solomon also said in an interview with Fox Business's Maria Bartilomo that Trump is more “engaged” with the business world than his White House predecessor, former President […]
Goldman Sachs’ David Solomon says ‘business community understands’ Trump tariffs
Goldman Sachs CEO David Solomon said the business community “understands” that President Trump is “trying to do with tariffs,” but added that executives “always want lower tariffs.” Solomon's comments on Fox Business Network's Maria Bartiromo on Wednesday came a week after Trump said he wanted “leveling the arena” by imposing taxes on imports. “I think […]
Ireland hopes Trump keeps two-way business relationship flowing
Ireland is the sixth largest investor in the United States and wants to strengthen its partnership under the Trump administration. Ireland's Taoiseach, or Micheál Martin, whose prime minister visits the White House on Wednesday, is likely to be debated, but it could benefit businesses in both interstate ways. “It's a relationship that goes both ways,” […]
Elon Musk’s White House role weighs on business empire
Elon Musk's role in the Trump administration complicates his business venture. The tech billionaires are moving forward with efforts to cut the federal government and budget in the face of increasing criticism. Tesla's stocks have plummeted more than 50% since the end of last year, but demonstrations have emerged at outlets of electric car companies […]
JPMorgan CEO Jamie Dimon says remote work ‘doesn’t work in our business’
Please see what you are clicking on foxbusiness.com. Jamie Dimon, CEO of JPMorgan Chase, defended his position from remote work to a group of college students, saying that teleworking “isn't going well in our business.” Dimon, 68, said he had “enough” virtual work when talking to students at Stanford University's Graduate School of Business last […]
Breitbart Business Digest: Trump’s Blue-Collar Boom Begins
Trump's election brought manufacturing back to life We have officially reached the midpoint of the first 100 days of President Donald Trump's second presidency. That's what I learned today The labor market is stronger than thinkingfactory work is back, Canada is not a reliable trading partner for strategic resources, and legacy media campaigns to stop […]