SZA accusation prompts Sephora to close all locations Wednesday for diversity training

(CNN Business)Sephora will close all locations Wednesday to hold diversity training for its staff after R&B singer SZA accused the store of racial profiling in April. Sephora responded to the tweet on May 1 saying, “You are a part of the Sephora family, and we are committed to ensuring every member of our community feels welcome and included at our stores.” In a statement posted to the Sephora Facebook page, the company also announced its new “We Belong to Something Beautiful campaign,” which focuses on inclusion within its staff and toward its customers. Sephora said it “will never stop building a community where diversity is expected, self-expression is honored, all are welcomed, and you are included.” The move toward diversity …

Poland Spring water will be sold in recycled bottles

New York (CNN Business)Poland Spring water that is still and under one gallon will be sold in recycled plastic bottles by 2022, Nestl Waters North America shared on Monday. But the commitments aren’t easy to pull off. Recycling infrastructure is more built up in some US cities than others, and rules for what can be recycled differ from place to place. And in order for recyclers to get the materials they need, people have to dispose of their waste correctly. With so many moving parts, companies have to do a lot to make sure they can keep those promises. Nestlé is one company, like several others, that has poured money into the Closed Loop Fund, which invests in recycling technologies. …

UPS is turning trash into gas to clean up its emissions

New York (CNN Business)One company’s trash is another company’s alternative fuel source. By switching to renewable natural gas, UPS estimates its vehicles will reduce as much as 1.2 million metric tons of greenhouse gas emissions through 2026. That’s the equivalent of removing more than a quarter million vehicles from the road. The move comes as shipping companies face tougher rules on truck pollution from regulators in the United States and recently Europe. The benefit from renewable natural gas comes from capturing harmful methane emissions that were going to be released into the environment anyway. Methane gas is 25 times more damaging to the environment than carbon dioxide. Each gallon of renewable natural gas that’s used by a truck is a …

Trump just raised tariffs on Chinese goods. China says it will hit back

Hong Kong (CNN Business)A trade war between the world’s two largest economies is escalating again, after the United States hit China with higher tariffs and Beijing vowed to retaliate. Reactions in Asia markets were mixed. Having started the day in positive territory, Japan’s Nikkei Index fell nearly 1% in afternoon trading. The Shanghai Composite Index rose more than 2% and Hong Kong’s Hang Seng Index was up around 1%. A Chinese delegation led by Beijing’s top trade negotiator Vice Premier Liu He arrived in Washington on Thursday for the latest round of trade talks. Under the current circumstances, Liu said he “hopes to engage in rational and candid exchanges with the US side,” Chinese state media outlet Xinhua reported. Liu …