US refunds $100bn in tariffs struck down by Supreme Court, filing shows
The Trump administration refunded approximately $100 billion in tariffs that were collected before the Supreme Court invalidated those duties. The refund amount of $100 billion was disclosed in a court filing related to the struck-down tariffs.
Read full story →Dutch Bros Coffee buys dozens of Salad and Go stores that abruptly closed: See a full list of locations in 4 states
Dutch Bros Coffee acquired 51 Salad and Go locations across Arizona, Nevada, Texas, and Oklahoma after the salad chain's bankruptcy filing this week. The purchase followed Salad and Go's collapse due to a cyclosporiasis outbreak and financial strain from over-leveraged expansion in 2021.
E.l.f. Beauty acquired Rhode for $1 billion a year ago. It’s been a great investment so far
E.l.f. Beauty's acquired brand Rhode achieved $160 million in net sales this quarter, up from $212 million for the full year before its acquisition. Rhode became Sephora North America's number one brand by some metrics and sold three products every second upon launching there.
Demis Hassabis steps down as DeepMind CEO, plus more Google leadership changes
Demis Hassabis stepped down as DeepMind CEO to become chair of Google DeepMind and chief scientist at Alphabet, a newly created role. Koray Kavukcuoglu, the former chief technology officer, will become senior vice president of DeepMind while retaining his position as Google's chief AI architect.