Bloomberg Ulta Beauty Inc, US’s biggest cosmetics retailer, plans to increase spending on inclusion and antidiscrimination training programs and will boost the number of products for sale by Black-owned businesses as the industry tries to address racial inequality. Included in the commitment is $2 million for staff training this year to “ensure equality in guest experiences.” In 2019, several Ulta ...

Bloomberg Dennis Muilenburg, the former chief executive officer of Boeing Co who stepped down during the 737 Max crisis, has filed for a blank-check company. His special purpose acquisition company (SPAC) is called New Vista Acquisition and is seeking to raise $200 million, a filing showed, which confirmed an earlier Bloomberg News report. It intends to focus on finding a ...

Bloomberg Hormel Foods Corp is nearing a deal to buy the Planters snack business from Kraft Heinz Co in a deal valuing the peanut brand at about $3 billion, according to a person familiar with the matter. A deal could be reached as soon as next week, according to the person, who did not want to be identified discussing the ...