Lora Arellano & Dana Bomar Create "Lipstick Empire" With Melt Cosmetics
Lori Arellano and Dana Bomar met over brunch one day in 2012, and their lipstick empire was born. The two co-founded "Melt," and it was quickly a success. The duo sits down with Alyssa Julya Smith in Los Angeles to talk about how they teamed up to create their successful brand, and what it was like turning it into the digital reality show "Lipstick Empire" for Stage 13.
Arellano and Bomar met while working at the makeup counters at Nordstrom, and their show, "Lipstick Empire," takes a look at how they run their business while juggling friends and family.
The co-founders talk about how Melt is more than a cosmetics brand. They say it allows for freedom of expression through makeup, and enables their fans to unapologetically be themselves. "Lipstick Empire" is currently available to stream on Stage 13.
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
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As Big Tech reports Q3 earnings, investors await proof that massive AI and cloud investments from Meta, Apple, Microsoft, and Alphabet are driving real growth.
