Frazier was the first to resign from Trump’s American Manufacturing Council after the former president’s supportive comments of white nationalist groups at the deadly protest in Charlottesville, Virginia, in 2017.
Category Archives: business
Weekly jobless claims fall to 779,000 vs. 830,000 expected; lawmakers close in on Covid relief
“The economy cannot fully reopen until the virus is wrestled to its knees,” said one economist. “We are in a race between the spread of more contagious variants of the virus, and reaching herd immunity.”
As Jeff Bezos pivots to rockets, will SpaceX's Elon Musk stay focused on Tesla?
From recalls to product launch setbacks, the California-based automaker is currently facing a number of challenges.
Janet Yellen calls top regulator meeting to discuss GameStop volatility
The meeting signals heightened concern about the volatility, just one week after Yellen was sworn in.
Jeff Bezos steps down as Amazon CEO
Andy Jassy, the chief executive of Amazon Web Services, will take over as CEO of Amazon.
Makeup company brings inclusivity to the cosmetics world
When entrepreneur KJ Miller couldn’t find a lipstick that matched her skin tone, she set out to make cosmetics for women across the color spectrum. What began as creating lipstick at home, Mented Cosmetics is now a nationwide business with over 80 types of products across 8 makeup categories, including lip, eye, and cheek complexion. (Visionaries is sponsored by Accenture)
Uber to buy alcohol delivery service Drizly for $1.1 billion
“Now Uber can deliver even more things,” Uber CEO Dara Khosrowshahi said Tuesday.
From Brooks Brothers to L'Occitane, Main Street bankruptcies continue
Almost a year into the pandemic, iconic department stores, gyms, and favorite restaurants continue to shutter their doors or file for bankruptcy.
GameStop madness presents a challenge for Biden's potential SEC chief
There are “weaknesses in regulation that have been exposed by these events,” such as a lack of clarity around how market players are incentivized and compensated, one expert said.
Ford and Google pair up to 'reinvent' car design, connectivity and ownership
Google and Ford are teaming up to rework the car experience, from the way vehicles are engineered to the way customers shop for and then drive their vehicles.