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.

While small business owners are cheering President Joe Biden’s plans to direct more aid to a Main Street that has been ravaged by the pandemic, they’re also debating another of his pledges — hiking the federal minimum wage to $15 an hour. Workers’ rights groups are cheering the move, but advocates for America’s smallest businesses

Volunteers in protective suits disinfect in a residential area of Tonghua, China on January 24, 2021. Visual China Group | Getty Images BEIJING — One small Chinese city’s rush to control the coronavirus has left some residents without food, and some officials without jobs. The fallout shows the extreme lengths to which local Chinese authorities

WASHINGTON – The director of the Centers for Disease Control and Prevention warned Sunday that the federal government does not know how much coronavirus vaccine the nation has, a complication that adds to the already herculean task before the Biden administration. “I can’t tell you how much vaccine we have, and if I can’t tell it

Vivek Murthy, who has been nominated by President-elect Joe Biden to serve as the US Surgeon General, speaks as Biden announces his team tasked with dealing with the Covid-19 pandemic at The Queen in Wilmington, Delaware on December 8, 2020. Jim Watson | AFP | Getty Images WASHINGTON – President Joe Biden’s surgeon general pick

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

Johnson & Johnson board member Dr. Mark McClellan told CNBC that “if the clinical trial works out,” the company could significantly increase the nation’s Covid vaccine supply availability within the coming weeks.  “I do know that J&J is making a very large supply, going all out with its production, both here in the U.S. and

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

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