e.l.f Beauty power grip primer. Courtesy: e.l.f Beauty E.l.f. Beauty raised its full-year guidance on Wednesday after posting a 40% growth in sales.  Shares of the company rose nearly 20% in after-hours trading. The cosmetics retailer’s earnings came in well ahead of expectations on the top and bottom lines and it now expects sales to…

A view of the Jeep Plant where United Auto Workers members are picketing on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at a Jeep plant in Ohio. The company, which has been…

Business leaders were swift to offer their congratulations to Donald Trump on his election victory, less than four years after they criticized him for his role in the January 6 insurrection. Some of tech’s business leaders, including Amazon’s Jeff Bezos, Meta’s Mark Zuckerberg and Apple’s Tim Cook all publicly congratulated Trump for his win. “Big…

Wednesday’s number of the day in the UK corporate scene was £60m. It is what Marks & Spencer expects to pay extra in employers’ national insurance next year, with the “same again”, said Stuart Machin, the chief executive, from wage increases that were already in train before last week’s budget. And £60m was also JD…

Rachel Reeves has committed not to increase taxes at Labour’s next budget and said the government would need to “live within the means” of her spending plans if public services came under mounting pressure. After announcing the biggest package of tax rises in three decades in last week’s budget, the chancellor dismissed suggestions that she…