Sally Buzbee will be first woman to lead Washington Post as new executive editor
The Washington Post has selected Sally Buzbee, executive editor and senior vice president at the Associated Press, as its new top editor. Buzbee…
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Target is launching a line of plant-based food
Target is launching its own line of plant-based foods as demand continues to grow for meat and dairy alternatives. The new assortment includes more…
Continue Reading Here’s where Melinda Gates will focus her multi-billion-dollar fortune after her divorce
Together, Bill and Melinda Gates were one of the richest and most philanthropic couples in the world. After splitting, they will be two of the…
Continue Reading Starbucks has a new Frappuccino for the summer
Starbucks is ringing in summer with a Strawberry Funnel Cake Frappuccino, its first new limited time flavor in more than three years. The new menu…
Continue Reading Arrest of journalists a litmus test for how Thailand treats those fleeing persecution in Myanmar
Three senior reporters who fled Myanmar for Thailand after the brutal military coup “face certain arrest and persecution” if they are…
Continue Reading Amazon destroyed more than 2 million counterfeit products last year
Amazon destroyed more than 2 million suspected counterfeit products that third-party sellers sent to its fulfillment centers last year as part of a…
Continue Reading One reason there’s a chicken shortage? Disappointing roosters
Chickens are in short supply. Part of the blame goes to Tyson’s roosters. The meat processor, which sells poultry along with beef and pork,…
Continue Reading Gasoline demand spikes in several states after pipeline hack
A growing number of gas stations along the East Coast are without fuel as nervous drivers aggressively fill up their tanks following a ransomware…
Continue Reading Cannabis company growing weed in Colombia goes public in US
Most cannabis companies that list their stocks in the United States grow their products in indoor greenhouses, often in Canada. But a company named…
Continue Reading Stocks tumble as surging prices rattle the market
US stocks sold off Tuesday and the Dow briefly tumbled more than 600 points, as investors grow increasingly concerned about raw material price…
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Why the Golden Globes might never be the same
NBC’s cancellation of next year’s Golden Globes — historically one of the major events on Hollywood’s months-long awards calendar…
Continue Reading Dogecoin is still in the dog house after Elon Musk’s ‘SNL’ appearance
Dogecoin prices rebounded Tuesday morning after Tesla CEO Elon Musk asked his nearly 54 million Twitter followers if they want his car company to…
Continue Reading She was tired of seeing Black stereotypes on TV. So she started her own streaming service
When DeShuna Spencer sat in front of her TV to scroll through her options, she noticed a glaring problem: Nobody looked like or was representative of…
Continue Reading Bed Bath & Beyond has a plan to stop losing bargain hunters to Amazon and Target
Bed Bath & Beyond has decided it’s too expensive for some shoppers. It’s trying to change that. The chain has launched a new…
Continue Reading Dow briefly tumbles more than 600 points as surging prices rattle the market
US stocks sold off Tuesday and the Dow briefly tumbled more than 600 points around mid-morning, as investors grow increasingly concerned about raw…
Continue Reading McDonald’s is changing its coffee cups to promote the COVID-19 vaccine
McDonald’s is partnering with the White House to promote vaccination information on its coffee cups as hesitancy grows about taking the…
Continue Reading Dow tumbles more than 600 points as surging prices rattle the market
US stocks tumbled Tuesday and the Dow sold off more than 600 points around mid-morning, as investors grow increasingly concerned about raw material…
Continue Reading Victoria’s Secret is becoming a publicly traded company
L Brands has officially given up on seeking a buyer for Victoria’s Secret and is spinning off the struggling underwear brand to become its own…
Continue Reading Surging prices are spooking the stock market
US stocks tumbled out of the gate Tuesday as investors grow increasingly concerned about raw material price spikes, shortages and inflation. Prices…
Continue Reading NBC will not air the next Golden Globes after diversity controversy
The Golden Globes will not be airing on NBC next year, temporarily ending a decades-long relationship between the network and the Hollywood Foreign…
Continue Reading Some big risks to investors have been hiding in plain sight
What do stretched supply chains, rising prices and the ransomware attack on the Colonial Pipeline have in common? They all stem from risks that…
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China has recorded its slowest population growth in decades, new census reveals
China’s population grew at its slowest rate in decades in the 10 years prior to 2020, according to census data released on Tuesday — a trend…
Continue Reading India’s Covid-19 catastrophe could make global shortages even worse
A terrifying and record-breaking wave of Covid-19 in India threatens to stall the country’s economic recovery and send shockwaves through…
Continue Reading Crocs is once again donating its shoes to healthcare workers
Crocs is once again stepping up to help healthcare workers during the pandemic. The shoe manufacturer announced that this week, healthcare workers…
Continue Reading US pipeline cyberattack is a ‘wake up call’ for America
Neil Chatterjee, a top federal energy regulator, is calling on energy CEOs to step up their cyber defenses following a ransomware attack that knocked…
Continue Reading More than 40 attorneys general urge Facebook to stop plans for an Instagram for kids
Facebook’s plans to launch a version of Instagram for children under the age of 13 continues to get backlash. On Monday, 44 attorneys general…
Continue Reading Sorry, dogecoin. Ethereum just shot past $4,000 to a new record
Dogecoin may have started as (and may still be) a joke. But serious cryptocurrency investors who’ve bet on ethereum are laughing all the way to…
Continue Reading Jeff Bezos’ superyacht is so big it needs its own yacht
Today in ultra-billionaire news, Amazon founder Jeff Bezos has purchased a modest 100-foot schooner as he looks forward to a quieter life and hours…
Continue Reading ‘This is a real wake up call.’ Regulator urges CEOs to intensify cyber defenses after pipeline hack
Neil Chatterjee, a top federal energy regulator, is calling on energy CEOs to step up their cyber defenses following a ransomware attack that knocked…
Continue Reading SpaceX claims it will accept dogecoin as payment for an upcoming moon mission
SpaceX is claiming it will accept dogecoin — the somewhat satirical but popular cryptocurrency — as payment for an upcoming mission. A Canadian…
Continue Reading Teen Vogue has a new editor in chief, again: NowThis’ Versha Sharma named to role
Teen Vogue has appointed its second new editor in chief this year. Versha Sharma, managing editor of NowThis, is taking the helm of the Condé Nast…
Continue Reading Bill and Melinda Gates have been working on their divorce since 2019, WSJ reports
Bill and Melinda Gates have been in the process of getting divorced for two years, according to The Wall Street Journal. On Sunday, the Journal…
Continue Reading Vimeo is ready to be the next big Barry Diller spinoff
Expedia, LendingTree, Ticketmaster and Tinder owner Match were all once part of IAC, the sprawling media and e-commerce conglomerate controlled by…
Continue Reading Wendy’s is bringing its square burgers back to Britain after 20 years
Wendy’s is returning to the United Kingdom following a two-decade hiatus, judging now the right time to take advantage of Britons’…
Continue Reading US pipeline shutdown sparks worries of $3 gas
A cyberattack forced the largest US fuel pipeline to shut down Friday, and analysts are worried the disruption could result in a spike in gas prices.…
Continue Reading More than 1 million Honda Accords may have a steering problem. The US is investigating
Federal safety regulators are investigating reports that more than 1 million Honda Accords have a steering problem that can a cause a car to veer out…
Continue Reading Low pay and ‘toxic’ workplaces are driving workers away from restaurants
On a typical week in pre-pandemic times, about 15 people would walk into one of Patrick Whalen’s casual elegant restaurants seeking a job in…
Continue Reading Mattel wants you to send back your toys when you’re done with them
Good news for 90s kids who have laundry baskets filled with Barbies in their parents’ basements: Mattel wants to recycle your old toys. The…
Continue Reading Prices are rising everywhere you look
Everywhere you look, there are headlines about higher prices. Some are tied to commodities, which are getting snapped up as the global economy…
Continue Reading Dream job: This company will pay you to nap
Sleeping on the job is one thing, but getting paid to do it? That’s what eachnight, a company focused on sleep health, is offering: $1,500 for…
Continue Reading Here’s everything you can’t get now
Chicken, lumber, microchips, gas, steel, metals, chlorine and ketchup packets: What do they all have in common? They’re all (nearly) impossible…
Continue Reading Unilever is tempting vaccine skeptics with free ice cream
Add ice cream to the growing list of free food being offered to those that get vaccinated against Covid-19. Unilever is giving away free popsicles…
Continue Reading Dogecoin tumbles after Elon Musk jokes about it on ‘SNL’
Investors bet right: Elon Musk mentioned dogecoin on “Saturday Night Live” during his opening monologue. Well, actually, his mom did.…
Continue Reading Iron ore prices go ballistic as metals boom
As investors place bets on the economic recovery, there’s a new frenzy that’s taken over markets. Around the world, there’s a rush…
Continue Reading Pipeline shutdown is sparking worries of a spike in gas prices
A cyberattack forced one of the top US fuel pipelines to shut down Friday, and analysts are worried the situation could result in a spike in gas…
Continue Reading From Jeff Bezos to Elon Musk, Bill Gates to Mark Zuckerberg, the billionaire beat deserves scrutiny
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. This era of extreme…
Continue Reading Apple and Epic wrap up first week of their blockbuster trial. Here’s what happened and what’s next
Is Fortnite a game? An app? An expansive virtual universe? All of the above? Is an iPhone just another gaming device, or a tightly controlled…
Continue Reading Supply chain interrupted: Here’s everything you can’t get now
Chicken, lumber, microchips, gas, steel, metals, chlorine and ketchup packets: What do they all have in common? They’re all (nearly) impossible…
Continue Reading Elon Musk opens ‘SNL’ by telling his mother that he’s gifting her dogecoin for Mother’s Day
Live from New York, it’s Elon Musk. And his mother too. After much fanfare, anticipation and some controversy, the eccentric tech billionaire…
Continue Reading Co-chair of Facebook Oversight Board defends decision to uphold Trump ban
Michael McConnell, co-chair of the Facebook Oversight Board, defended the board’s recommendation to continue the suspension of former President…
Continue Reading Elon Musk is an odd choice for SNL host. Here’s why he was picked
“Saturday Night Live” has made some odd host picks over its history. The long-running NBC variety show’s Studio 8H stage has been…
Continue Reading As the pandemic eases, the media’s coverage of it is shifting
How can the average American minimize risk while resuming normal activities after one year plus of pandemic disruptions? That’s the ultimate…
Continue Reading Trump’s DOJ secretly obtained phone records of Washington Post reporters
President Donald Trump’s Department of Justice secretly obtained phone records of multiple Washington Post reporters, the newspaper reported on…
Continue Reading Fight for $15 minimum wage heats up after Biden’s endorsement
After two decades working for Walmart, Cynthia Murray says she only recently saw her pay go above $15 an hour. “They gave me a 30 cents…
Continue Reading Private equity is targeting sports. Now fans and players are pushing back
In New Zealand, rugby isn’t just a sport. It’s a national obsession, a major cultural force and a huge source of pride. So news that…
Continue Reading Elon Musk could make fireworks on ‘SNL.’ Investors are betting on it
Live from New York, it’s … a market-moving corporate liability. This weekend, Tesla CEO Elon Musk is hosting “Saturday Night…
Continue Reading Rising wood prices are making your toilet paper more expensive
Just when you thought you were in the clear to stock up on toilet paper again, wood pulp, the primary raw material used to make it, is getting more…
Continue Reading Peloton initially refused to recall its treadmills. Here’s why it can do that
You would think that federal safety regulators would have broad powers to order the recall of products they find dangerous or even deadly. You would…
Continue Reading US stocks rise to new records despite weak jobs report
Bad economic news was once again greeted with cheers on Wall Street as two top indexes closed out the week in record territory. Investors brushed off…
Continue Reading US stocks rise despite weak jobs report
Bad economic news was once again greeted with cheers on Wall Street. Investors brushed off Friday’s surprisingly weak jobs report, which showed…
Continue Reading Peloton recall saga shows limits of safety regulators’ powers
You would think that federal safety regulators would have broad powers to order the recall of products they find dangerous or even deadly. You would…
Continue Reading What is bitcoin cash?
A cryptocurrency that looks and sounds a lot like bitcoin has creeped up into the top 10 biggest digital currencies list: bitcoin cash. Bitcoin cash…
Continue Reading Nasdaq’s computer system literally can’t handle Berkshire Hathaway’s sky-high stock price
The world’s most famous electronic stock market can’t compete with the stubbornness of a 90-year-old billionaire. For decades, Warren…
Continue Reading Washingtonian staffers protest CEO’s ‘public threat’ to return to in-person work
Staffers at the Washingtonian, a monthly DC-based magazine, are protesting Friday in response to their CEO’s opposition of remote work. On…
Continue Reading Sean Hannity used to rule Fox. But in the post-Trump era, Tucker Carlson is king
Sean Hannity finds himself in familiar territory as of late: second place. For most of his career, the right-wing Fox propagandist has been in the…
Continue Reading Why investors are paying attention to elections in Scotland
Investors are waiting for the final results of parliamentary elections in Scotland that could spark radical changes to the political and economic…
Continue Reading Microsoft is finally updating its 26-year-old icons from Windows 95
Microsoft is giving Windows 10 a fresh coat of paint. But it’s not just getting a touch-up — Microsoft is doing all the fine details, getting…
Continue Reading Major disappointment: America added way fewer jobs than expected in April
The pandemic continues to roil America’s economy, setting the job market on its head. Employers looking for workers are having trouble finding…
Continue Reading Gary Vaynerchuk: NFT is the next big thing
Serial entrepreneur Gary Vaynerchuk is selling a new use case for NFT: “Smart event” tokens that have real value rather than digital art.…
Continue Reading Vanishing workers are the latest economic worry
The US economy is roaring back to life after a long period of hibernation, sending companies scrambling to find workers that can help them meet a…
Continue Reading IHOP turned away Adam Sandler. Now it’s trying to make it up to him
IHOP is hoping to make amends with Adam Sandler next week after an unwitting hostess turned away the comedian at a Long Island location. The IHOP…
Continue Reading One year after the worst jobs loss on record, millions of Americans remain out of work
The US labor market collapsed a year ago when more than 20 million jobs vanished in a single month. Now the economy is healing, but millions of…
Continue Reading This will be one of the most important summers for Hollywood ever
In a parallel universe, audiences around the world are heading to the cineplexes Friday to see Marvel’s “Black Widow” as it kicks…
Continue Reading Chinese cinemas are showing old propaganda movies. Is Hollywood going to lose out?
Beijing has ordered China’s cinemas to use the box office this year to spread propaganda celebrating the Communist Party. The country’s…
Continue Reading Peloton recall to cost company $165 million in lost sales
Peloton is estimating its treadmill recall will cost the company about $165 million in lost revenue during the the current quarter, and result in a…
Continue Reading Facebook told to investigate its role in insurrection
Facebook’s independent oversight board on Wednesday upheld the company’s decision to suspend former President Donald Trump. But one of…
Continue Reading Biden’s Wall Street cop is putting Robinhood on notice
Gary Gensler, the newly installed chairman of the Securities and Exchange Commission, put Robinhood and Citadel Securities on notice Thursday about a…
Continue Reading Major Tesla investor dumps a big chunk of shares
A major shareholder in Tesla has become bearish about the company. Scottish fund manager Baillie Gifford & Co. sold 11.1 million shares of Tesla…
Continue Reading Applebee’s shorter menu is here to stay. Here’s what got cut
Last year, when Applebee’s sales took a hit in the pandemic, the chain slimmed down its menu. Now its sales are recovering, but…
Continue Reading IBM says it has created the world’s smallest and most powerful microchip
The semiconductor industry’s constant challenge is to make microchips that are smaller, faster, more powerful and more energy efficient —…
Continue Reading Jamie Dimon calls Biden’s tax hike plan ‘a little crazy’
Several top business leaders have backed President Joe Biden’s plan to raise taxes on large corporations and the wealthy and spend more on…
Continue Reading Nearly 1 in 3 new stores opening in the US is a Dollar General
Three dollar store chains will make up almost half of all the new stores opening up in the United States this year, a reflection of the dollar store…
Continue Reading A look at Bill and Melinda Gates’ enormous lakefront home
News of the Bill and Melinda Gates’ divorce ricocheted around the world this week, raising a number of questions: What, why? What about the…
Continue Reading Steel prices have tripled. Now Bank of America is sounding the alarm
A bubble could be brewing in steel stocks. The pandemic brought the American steel industry to its knees last spring, forcing manufacturers to shut…
Continue Reading The head of Yale’s massive endowment fund has died
David Swensen, the long-time chief investment officer at Yale University and a legend in the world of college endowments, died Wednesday at the age…
Continue Reading Jen Psaki says she talked with the Biden transition team about a roughly one-year term
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. In a pair of new…
Continue Reading Uber is losing less money. But it still faces one big risk
The pandemic has been a tough time to be in the business of shuttling people from Point A to Point B. For months, government rules and fears about…
Continue Reading Dollar stores make up almost half of all new stores opening this year
Three dollar store chains will make up almost half of all the new stores opening up in the United States this year, a reflection of the dollar store…
Continue Reading One of the world’s top restaurants is ditching meat. Here’s what could go wrong
Earlier this week, Eleven Madison Park’s chef and owner Daniel Humm made an unexpected announcement: When the famed New York City restaurant…
Continue Reading We’re recovering from ‘the Game of Thrones period of our history:’ Jen Psaki talks about the transition and her role
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. In a pair of new…
Continue Reading Rio Tinto shareholders rebel over destruction of sacred Indigenous caves
Rio Tinto shareholders have rebelled over payouts to former CEO Jean-Sébastien Jacques and other executives who quit last year after the company…
Continue Reading This crypto claims to solve bitcoin’s biggest problem
Bitcoin may be the king of cryptocurrencies, but it’s facing an environmental backlash over the energy-intensive technology underpinning it. A…
Continue Reading Tucker Carlson’s Fox News colleagues call out his dangerous anti-vaccination rhetoric
Some of Tucker Carlson’s colleagues at Fox News are objecting to his reckless anti-vaccination rhetoric. They are speaking out in small ways on…
Continue Reading China can’t stop talking about the Bill and Melinda Gates divorce
The divorce of Bill and Melinda Gates has sent shockwaves through China, where the Microsoft co-founder has achieved a level of fame unlike almost…
Continue Reading New homes cost $36,000 more because of an epic shortage of lumber
As the pandemic crushed the US economy last spring, sawmills shut down lumber production to brace for a housing slump. The slump never arrived and…
Continue Reading I tracked my kid with Apple’s Airtags to test its privacy features
I clipped a keychain with one of Apple’s tiny new Bluetooth trackers, AirTags, onto my son’s book bag and waved goodbye to him on the…
Continue Reading This crypto claims to be a ‘green’ alternative to bitcoin
Bitcoin may be the king of cryptocurrencies, but it’s facing an environmental backlash over the energy-intensive technology underpinning it. A…
Continue Reading Gary Vaynerchuk: NFT is the next Amazon
Serial entrepreneur Gary Vaynerchuk is selling a new use case for NFT: “Smart event” tokens that have real value rather than digital art.…
Continue Reading Success! SpaceX lands Mars rocket prototype for the first time
SpaceX just launched another test flight of an early Mars rocket prototype at its South Texas facility, sending the towering silver vehicle soaring…
Continue Reading Dell lays out its plans for the future
Dell imagines a future in which businesses are faster, smarter and better. The tech company is building a “world where we see wide-scale…
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