Business

Katherine Power (left) and Dana Settle (right) formed the SPAC Powered Brands to be the next global beauty conglomerate. Source: Powered Brands The SPAC craze rippling across Wall Street has largely left out women. But one group of female founders and investors is looking to change that. A special purpose acquisition company, or SPAC, called

A person wearing a protective mask arranges a table outside a restaurant in San Francisco, California, July 14, 2020. David Paul Morris | Bloomberg | Getty Images California will lift its stay-at-home order across the state on Monday, paving the way for restaurants and personal care services to reopen with modified operations for the first

Passengers arrive on a flight from London amid new restrictions to prevent the spread of coronavirus disease (COVID-19) at JFK International Airport in New York, December 21, 2020. Eduardo Munoz | Reuters President Joe Biden banned most non-U.S. citizens traveling from South Africa from entering the U.S. and extended travel restrictions for Europe, the U.K.

An employee outside a Target store in Clifton, N.J. Adam Jeffery | CNBC Target said Monday it will spend about $200 million on another round of employee bonuses and extend its coronavirus-related benefits after its strong holiday season. The discount retailer will give $500 bonuses to all hourly workers and bonuses of $1,000 to $2,000

Pedestrians walk pass a mural depicting Indonesia’s fight against the coronavirus pandemic in Jakarta on August 16, 2020. Feature China | Barcroft Media via Getty Images SINGAPORE — Indonesia will take at least a year before a sufficient portion of its population becomes immune to Covid-19, the country’s Finance Minister Sri Mulyani Indrawati told CNBC

US President Joe Biden signs executive orders for economic relief to Covid-hit families and businesses in the State Dining Room of the White House in Washington, DC, on January 22, 2021. Nicholas Kamm | AFP | Getty Images President Joe Biden will sign a travel ban Monday on most non-U.S. citizens entering the country who

Harley-Davidson’s just-introduced 2021 models include the CVO lineup with the company’s most advanced audio and infotainment options, as well as its latest braking, steering and safety features. Source: Harley-Davidson As a tradition-minded 118-year-old motorcycle manufacturer, Harley-Davidson may not seem ideally situated to prosper in a rapidly changing world where vehicles are increasingly electrified, self-driving, and

Facebook CEO Mark Zuckerberg delivers the keynote address at Facebook’s F8 Developer Conference on April 18, 2017 at McEnery Convention Center in San Jose, California. Getty Images Big technology corporations including Apple, Alphabet’s Google and Microsoft have raced to create a pair of fashionable smart glasses readily embraced by consumers, but 2021 is shaping up

U.S. Air Force 1st Lt. Allyson Black, a registered nurse, cares for Covid-19 patients in a makeshift ICU (Intensive Care Unit) at Harbor-UCLA Medical Center on January 21, 2021 in Torrance, California. Mario Tama | Getty Images News | Getty Images LONDON — Health experts have warned that even with restrictions the U.S. is likely

UK Prime Minister Boris Johnson speaks during a media briefing on coronavirus (COVID-19) at Downing Street on January 15, 2021 in London, England. Dominic Lipinski | Getty Images LONDON —There is “some evidence” a new Covid variant first identified in the U.K. could be more deadly than the original strain, British Prime Minister Boris Johnson

A healthcare worker wears personal protective equipment (PPE) during a United Airlines Covid-19 test pilot program at Newark Liberty International Airport in Newark, New Jersey, U.S., on Monday, Nov. 16, 2020. Angus Mordant | Bloomberg | Getty Images United Airlines‘ CEO wants to make Covid-19 vaccines mandatory for its employees and is encouraging other companies

TGI Fridays CEO Ray Blanchette said that President Joe Biden’s proposal to eliminate the tipped minimum wage would likely result in fewer hours for the chain’s waitstaff and higher menu prices. Biden has proposed raising the federal hourly minimum wage from $7.25 to $15 and eliminating tip credits, a change that would primarily affect the

Rising coronavirus infection rates, and the accompanying wave of lockdowns across Europe, should prompt managers to spend more time considering their employees’ mental health, according to the CEO of staffing group Adecco.  “Especially with … the second wave of lockdowns coming in, we need more emotionally intelligent leaders, because we see that many people are

The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019. Sam Yeh | AFP | Getty Images For a new venture with little revenue, Foxconn‘s nascent automotive business is off to a big start this year, inking partnerships to develop new electric cars with Chinese start-up Byton and Hong Kong-based

A photo taken in the late hours of May 29, 2020 shows a sign of the World Health Organization (WHO) at their headquarters in Geneva amid the COVID-19 outbreak, caused by the novel coronavirus. Fabrice Coffirni | AFP | Getty Images President-elect Joe Biden has tapped Dr. Anthony Fauci to lead a U.S. delegation at

Belk department store John Greim | LightRocket | Getty Images KKR, Blackstone and other major lenders to Belk are in talks with the North Carolina-based department store chain to keep it out of bankruptcy, according to a Wall Street Journal report. The company, its lenders and the private-equity firm Sycamore Partners are inching closer toward

President Joe Biden signs executive orders in the Oval Office of the White House in Washington, after his inauguration as the 46th President of the United States, U.S., January 20, 2021. Tom Brenner | Reuters President Joe Biden signed an executive order to rejoin the U.S. into the Paris climate agreement on Wednesday, his first major

A picture taken on January 15, 2021, shows a pharmacist holding with gloved hands a phial of the undiluted Pfizer-BioNTech vaccine for Covid-19, stored at -70 ° in a super freezer of the hospital of Le Mans, northwestern France as the country carry on a vaccination campaign to fight against the spread of the novel

Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California. Mario Tama | Getty Images Procter & Gamble is expected to announce its fiscal second-quarter earnings before the bell Wednesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings

Chewy CEO Sumit Singh is seen outside the New York Stock Exchange (NYSE) ahead of the Chewy Inc. IPO in New York, June 14, 2019. Andrew Kelly | Reuters Chewy CEO Sumit Singh said Tuesday that calls to its customer service line prompted the online pet supplies retailer to accelerate its plans to launch a