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Billionaire Leon Cooperman rejected Senator Elizabeth Warren’s invitation to testify on her proposed wealth tax, saying he has no interest in appearing “at her show trial.” Warren invited Cooperman, with whom she has repeatedly clashed, to appear at an April 27 hearing on creating a fairer tax system. In a statement to CNN Business Tuesday

A pair of recent real estate studies are shedding light on how people of color have been consistently disadvantaged in the US housing market for years and are largely missing out on the country’s ongoing home-buying frenzy. For nearly a decade, homes sold in mostly Black neighborhoods have been undervalued by an average of $46,000,

The nearly two-decade relationship late basketball player Kobe Bryant and Nike has ended. Bryant was “an important part of Nike’s deep connection to consumers,” Nike said in a statement. “Though our contractual relationship has ended, he remains a deeply loved member of the Nike family,” the company added. Bryant, along with eight other people, including

Dave Calhoun, Boeing’s CEO for the company’s worst year ever, will get to stay around to try to lead the aerospace giant’s rebound for the foreseeable future. That’s because the Boeing board announced it is raising its executive retirement age. Calhoun just turned 64 this week, and normally the mandatory retirement age for Boeing executives

Natural Light is instantly recognizable for its cheap beer. But the 44-year-old brand is branching out to keep fickle drinkers satisfied. The brewer, owned by Anheuser-Busch InBev, has rapidly expanded its options in recent years with new flavors and spiked seltzers. Now it’s unleashing boozy popsicles and flavored vodkas. “We want to be the preferred

Chinese President Xi Jinping has called for global cooperation in the face of a growing anti-China front led by the United States, warning that an “open world economy” is essential to recovering from the pandemic. “Attempts to erect walls or decouple run counter to the law of economics and market principles,” Xi said Tuesday via

Add Pampers and Tampax to the list of brands you may soon pay more for at the store. Procter & Gamble said Tuesday that it will raise prices on brands such as Pampers diapers and Always and Tampax tampons, the latest consumer goods’ manufacturer to hike what it charges retailers. The exact amount of price

All the dogecoins in circulation are now worth more than $53 billion after fans declared April 20 Doge Day on social media with the aim of pushing the digital currency’s value to new heights. The price of a single dogecoin jumped as much as 20% on Tuesday to 42 cents, nearing Friday’s all-time high of