Climate, taxes and China: Investors are watching the G7
As leaders of most of the world’s largest economies gather in Cornwall, England, expect political fanfare and lots of attention on US President…
Continue ReadingAs leaders of most of the world’s largest economies gather in Cornwall, England, expect political fanfare and lots of attention on US President…
Continue ReadingDidi, China’s giant ride-hailing company, filed paperwork for an initial public offering in the United States with the Securities and Exchange…
Continue ReadingIt was supposed to be an exciting trip home to surprise his parents in the United States, his family said. But on May 24, before he boarded the plane…
Continue ReadingA version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Thursday night was…
Continue ReadingTaiwanese officials are fretting about whether a severe outbreak of Covid-19 could jeopardize the island’s critical role in the global…
Continue ReadingJeffrey Toobin returned to CNN as the network’s chief legal analyst on Thursday, eight months after he exposed himself during a Zoom call with…
Continue ReadingHackers have broken into the systems of Electronic Arts, one of the world’s biggest video game publishers, and stolen source code used in…
Continue ReadingNew York’s local businesses were hit hard by the pandemic, so one Israeli immigrant, now a Brooklyn resident, created an online marketplace to…
Continue ReadingBy now, you probably know that everything is getting more expensive. From furniture, to used cars, to uncooked beef roasts, consumer prices have…
Continue ReadingYou’ve probably heard of the FAANG stocks: Facebook, Amazon, Apple, Netflix and Google owner Alphabet. But it’s the BANG stocks of Reddit…
Continue ReadingJeff Bezos can have anything. He could circle the globe in a private jet or sail it forever in a fleet of megayachts. He could afford to buy a the…
Continue ReadingBrewDog, one of the biggest UK craft beer producers, has apologized after dozens of former employees accused the company of fostering a…
Continue ReadingJeff Bezos can have anything. He could circle the globe in a private jet or sail it forever in a fleet of megayachts. He could afford to buy a the…
Continue ReadingGoldman Sachs is requiring its US employees to divulge to the company whether they’ve been vaccinated. The Wall Street bank told workers in a…
Continue ReadingConsumer prices roared higher last month, rising at their fastest pace in decades. Inflation rose 5% in the 12-months ending in May, the Bureau of…
Continue ReadingHouse Democrats are preparing five bills to weaken Big Tech’s grip on the economy, in what could amount to Congress’s biggest challenge…
Continue ReadingConsumer prices roared higher in May, rising at their fastest pace in decades. Inflation rose 5% in the 12-months ending in May, the Bureau of Labor…
Continue ReadingMore than 70 CEOs from some of the world’s biggest companies have urged governments to do much more to tackle climate change, including forcing…
Continue ReadingFrom lumber and steel to paint and burrito bowls at Chipotle, prices are rising almost everywhere you look. That’s putting investors on high…
Continue ReadingAs we moved online in the pandemic, crime moved with us. In the European Union last year, new figures obtained by CNN show significant cyberattacks…
Continue ReadingSignificant cyberattacks against critical targets in Europe have doubled in the past year, according to new EU figures obtained by CNN, as the…
Continue ReadingBitcoin’s value shot up after El Salvador became the world’s first country to accept it as legal tender. As of 3:30 a.m. ET on Thursday,…
Continue ReadingInvestors managing more than $41 trillion in assets are loudly calling on world leaders to immediately step up their climate game if they don’t…
Continue ReadingA giant chunk of the internet briefly broke on Tuesday because of an outage at a company most people have probably never heard of before. Reddit,…
Continue ReadingMattel is launching a new line of Barbies made from plastic that would otherwise become ocean waste. The “Barbie Loves the Ocean”…
Continue ReadingFacebook is giving its employees more flexibility to work outside the office — and Mark Zuckerberg is leading by example. The Facebook CEO told…
Continue ReadingThe meat supplier JBS USA paid an $11 million ransom in response to a cyberattack that led to the shutdown of its entire US beef processing operation…
Continue ReadingGameStop is getting a new chief executive and chief financial officer, the company announced as part of its earnings release Wednesday. Matt Furlong,…
Continue ReadingBoeing is seeking a one-year delay in its deadline to deliver two new 747 jets to be used as Air Force One. And that would mean added costs for…
Continue ReadingFor the past decade, movie theaters have counted on a big, buzzy Marvel hit to kick off a lucrative summer season. But this year, the superhero of…
Continue ReadingCampbell Soup is raising the prices it charges stores for its products in response to rising supply chain costs. The maker of namesake soup brands…
Continue ReadingAs infrastructure negotiations between the White House and a GOP Senate group broke down this week, business executives are warning that aging…
Continue ReadingAn estimated $150 million in equity capital has been invested in Black-owned banks since George Floyd was murdered last year, according to the…
Continue ReadingAdd paint to the growing list of things that are getting more expensive. Sherwin-Williams announced Tuesday that “demand remains strong”…
Continue ReadingThe company behind Tuesday’s massive internet outage has apologized for making a costly mistake that knocked out websites, apps and online…
Continue ReadingSteel, lumber, plastic and fuel. Corn, soybeans, sugar and sunflower oil. Houses, cars, diapers and toilet paper. Prices are rising almost everywhere…
Continue ReadingBest Buy will be closed on Thanksgiving Day, moving many of its Black Friday deals online and offering alternatives to in-store shopping. The…
Continue ReadingMartin Winterkorn has agreed to pay Volkswagen nearly $14 million after an investigation found the former CEO failed to respond properly to signs…
Continue ReadingLordstown Motors, the startup electric truck maker, warned Tuesday it is close to running out of cash and may be forced out of business in the next…
Continue ReadingRetailers are reporting challenges hiring workers to staff stores and warehouses as the US economy reopens and shoppers spend on clothes, home goods…
Continue ReadingFerrari has turned to a top tech executive to be its new CEO and lead the company into the age of electric supercars. Benedetto Vigna, currently the…
Continue ReadingEl Salvador has become the first country to adopt bitcoin as legal tender. A majority of lawmakers have approved a proposal from Salvadorian…
Continue ReadingChina’s dominance over the world’s solar industry just took a hit. First Solar unveiled plans Wednesday to double its US manufacturing…
Continue ReadingIn a landmark move, El Salvador has become the first country to adopt bitcoin as a legal form of payment. But there’s still tons of pressure on…
Continue ReadingThe Biden administration said Tuesday it is investigating how tax information from several of the world’s richest people — including Jeff…
Continue ReadingBritain’s antitrust regulator is investigating whether Ryanair and British Airways broke the law by refusing to refund customers for flights…
Continue ReadingChina is getting pummeled by rising costs that have pushed producer price inflation to its highest level in nearly 13 years. Surging inflation in the…
Continue ReadingTesla’s best-selling Model 3 sedan lost two designations from Consumer Reports after the company made changes to the car’s automatic…
Continue ReadingOne of the most surprising announcements from Apple’s Worldwide Developers Conference keynote on Monday wasn’t a new feature for its own…
Continue ReadingChipotle raised its menu prices by about 3.5% to 4% to cover the cost of higher wages for employees, the company’s Chief Financial Officer John…
Continue ReadingSenator Mitt Romney wants answers from Microsoft after the company blocked images and videos around the world of “Tank Man,” the…
Continue ReadingFormer Florida Senator and veteran of spaceflight, Bill Nelson, has taken the helm at NASA. The space agency has the ball rolling on plans to return…
Continue ReadingMove over, AMC and GameStop. Wendy’s is the latest hot stock with the WallStreetBets crowd. Shares of Wendy’s surged more than 25% in…
Continue ReadingAmerica is not yet back to its pre-pandemic normal, but some states are already doing better economically than they were before Covid, according to…
Continue ReadingCountless websites and apps around the world went down for about an hour Tuesday after Fastly, a major content delivery network, reported a…
Continue ReadingAmerica is hiring like never before. Job openings in the United States soared by nearly a million in April, setting a record for the most openings…
Continue ReadingThe Boeing 737 Max is back in the air, and air travel is finally rebounding, helping restart orders for new planes. But Boeing is still facing a…
Continue ReadingStarbucks will let customers bring their own mugs to US company-owned cafes again starting on June 22. Before the pandemic, the coffee chain…
Continue ReadingAmerica is hiring like never before. Job openings in the United States soared by nearly a million in April, setting a record for the most openings…
Continue ReadingThe historic agreement from the world’s richest nations to impose a global minimum tax doesn’t pose much of a threat to Corporate…
Continue ReadingBitcoin is plummeting yet again. The cryptocurrency has fallen roughly 8% over the past 24 hours, according to Coindesk, and was trading near $33,200…
Continue ReadingGap is finally showing off a first look at its new Yeezy collection with Kanye West nearly a year after the retailer signed the rapper. The first…
Continue ReadingThis article is adapted from the new edition of “Hoax: Donald Trump, Fox News, and the Dangerous Distortion of Truth,” which was…
Continue ReadingEl Salvador could become the first country to adopt bitcoin as a legal tender, Salvadorian President Nayib Bukele announced in a video recording…
Continue ReadingUS stock indices remain in record territory. But in recent weeks, they’ve been stuck in a holding pattern as investors hunt for the next big…
Continue ReadingOmniFoods, the Hong Kong startup best known for its fake pork product “OmniPork,” is jumping on what it sees as the next phenomenon:…
Continue ReadingJeff Bezos will be flying to space on the first crewed flight of the New Shepard, the rocket ship made by his space company, Blue Origin. The flight…
Continue ReadingApple kicked off its annual developers conference on Monday by unveiling new features on iOS 15 that cater to our lives as the world begins to emerge…
Continue ReadingBurger King is making a statement during pride month: It’s trying to get a leg up in the chicken sandwich wars by taking a not-so-subtle dig at…
Continue ReadingA half-dozen AMC leaders are cashing in on the “meme stock” madness. Four AMC executives and a pair of directors unloaded more than $8…
Continue ReadingAmerica’s stores are having trouble bringing on staff to meet growing demand from customers as the US economy regains steam. So they’re…
Continue ReadingBatteries are heavy. That’s why, generally, electric cars weigh considerably more than otherwise similar gasoline-powered vehicles. Take the…
Continue ReadingApple kicked off its annual developers conference on Monday by unveiling updates to a service many have relied on more heavily throughout the…
Continue ReadingGoogle will pay a €220 million ($270 million) fine and make changes to its huge online advertising business as part of an antitrust settlement with…
Continue ReadingThe list of high-profile ransomware attacks grows longer and more alarming by the week, impacting everything from gas pipelines and meat supplies to…
Continue ReadingThe list of high-profile ransomware attacks grows longer and more alarming by the week, impacting everything from gas pipelines and meat supplies to…
Continue ReadingThough bitcoin and other cryptocurrencies are the talk of the moment, the good old US dollar still reigns as the world’s reserve currency. But…
Continue ReadingIn a 1916 issue of The Atlantic Monthly, John D. Rockefeller Jr. wrote about workers’ right to organize. More than 100 years later, the…
Continue ReadingElon Musk is pulling the plug on his promised Tesla Model S Plaid+ super car about a year before it was expected to go on sale. Tesla still plans a…
Continue ReadingElon Musk is pulling the plug on his promised Tesla Model S Plaid+ super car about a year before it was expected to go on sale. Tesla still plans a…
Continue ReadingApple is about to reveal its latest set of changes to the software used everyday by millions of people — and possibly some new gadgets, too.…
Continue ReadingAs CEO of one of America’s biggest banks, Bank of America’s Brian Moynihan has unique insight into the health of the country’s…
Continue ReadingTinder, Hinge, Bumble and other dating apps will allow more users to show whether they have been vaccinated against Covid-19 and roll out perks to…
Continue ReadingUS oil prices hit $70 a barrel on Sunday for the first time in nearly three years. While prices have since backed off a little from that milestone…
Continue ReadingWhen Janice Zhang went job hunting in March, at every interview the 33-year-old was asked the same question: Was she married yet? Zhang works in…
Continue ReadingRevamped MacBooks. Updated iMessage features. An overhaul of the iPad operating system. These are among the announcements Apple may make this week…
Continue ReadingThe White House press briefing room will return to 100% capacity on Monday after 15 months of social distancing due to the coronavirus pandemic. It…
Continue ReadingJournalists may be relieved — for now — that the Biden administration is changing the Justice Department’s policy that allowed prosecutors…
Continue ReadingMicrosoft blocked images and videos around the world of “Tank Man,” the unidentified protester during China’s brutal crackdown on…
Continue ReadingIt’s only June, but Walmart already has plans for Thanksgiving. They don’t involve you. The world’s largest retailer announced that…
Continue ReadingThe latest sign of air travel returning to normal is the two words being repeated at most of the nation’s major airlines: Help wanted. The…
Continue ReadingLooking to fund big spending projects at home, the United States has an ambitious pitch for countries around the world: It’s time to overhaul…
Continue ReadingA group of private equity firms, including Blackstone Group, Carlyle Group and Hellman & Friedman, is buying medical supply maker and distributor…
Continue ReadingJust when we thought Crocs could not get any weirder, a new version of the foam clog features a psychedelic design complete with light-up mushrooms.…
Continue ReadingGroup of Seven finance ministers gathering in London agreed Saturday to back a global minimum tax of at least 15% on multinational companies. The G7…
Continue ReadingWhen coronavirus began to spread across the United States, retailers took action. Social distancing stickers were slapped on floors, mask mandates…
Continue ReadingGrant McGurn is really glad he jumped on a FaceTime call with his dad. The 27-year-old office manager in Madison, Wisconsin, had put all of his…
Continue ReadingNASA’s new chief is setting up an effort to further study unidentified flying objects within his first month in office. Bill Nelson, the former…
Continue ReadingGlobal food prices rose for the 12th month in a row in May, up nearly 40% year over year, according to the United Nations’ food price index.…
Continue ReadingNASA’s new chief is setting up an effort to further study unidentified flying objects within his first month in office. Bill Nelson, the former…
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