Bloomberg Estee Lauder Cos plans to hire more black employees, buy more from black-owned businesses and expand diversity training programs after employees raised concerns about race relations within the company. Top executives at one of the world’s largest cosmetics businesses said they “stand in solidarity with our black employees, black consumers and black communities and firmly believe black lives matter,” ...

Bloomberg Gadget junkies soon won’t need an appointment to shop at Best Buy Co anymore. Starting from June 15, the nation’s biggest consumer-electronics retailer will allow a limited number of shoppers inside most of its stores, moving past an appointment-only model that it had instituted in the wake of the Covid-19 pandemic. The retailer will bring back about 9,000 employees ...

Bloomberg Both North Korea and left-leaning supporters of South Korean President Moon Jae-in want him to restore economic ties broken by security tensions. But pleasing them would mean angering US President Donald Trump. North Korea said it was closing down communication links set up two years ago between Moon and Kim Jong-un, jeopardising the South Korean leader’s 2017 campaign promise ...