Business

Everlane Co-Founder, Shocked by Shein Acquisition, Wants a Redo

Michael Preysman, who ran the brand for a decade, can’t believe what happened to the company he built. Can he start over?​Michael Preysman, who...

Fired BP Chair Manifold Rejects ‘Lies’ About His Ouster

Albert Manifold, who was abruptly dismissed by the oil company this week, hit back in a new statement that admitted he “pushed hard” but...

Iran War Lifts Fed’s Preferred Inflation Gauge to Highest Level Since May 2023

The Personal Consumption Expenditures price index rose 3.8 percent in April from the same time last year.​The Personal Consumption Expenditures price index rose 3.8...

The Google Insider Trading Case Hits Polymarket

Charges against a Google employee who bet on Polymarket have raised concerns that the issue may dent momentum in the fast-growing sector.​Charges against a...

Temu Hit With Fine in E.U. Over Sales of Unsafe Goods

The Chinese e-commerce platform faces a penalty of more than $230 million for selling baby toys and other products the European Commission said could...

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