Robinhood files confidentially for IPO despite disastrous start to 2021
Robinhood filed confidentially for an IPO on Monday, a person familiar with the matter told CNN Business, a development that shows the trading…
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Marvel’s ‘Black Widow’ will debut on Disney+ and theaters at the same time
In its biggest shift to streaming yet, Disney is releasing a film from Marvel on Disney+ at the same time it hits theaters. “Black…
Continue Reading Americans spent the pandemic stocking up on booze. That may be changing
The bender appears to be over for booming booze sales sparked by the pandemic. For the first time in a year, since Covid-19 began spreading across…
Continue Reading Yellen and Powell praise stimulus but warn that more needs to be done
The two most powerful economic authorities in America told lawmakers that although the US economy is on the mend thanks to several rounds of…
Continue Reading Facebook accused of failing to provide a ‘safe’ environment for users
Reporters Without Borders has filed a lawsuit against Facebook in France, accusing the platform of failing to provide a “safe”…
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Free Pelotons and iPads: How Wall Street is fighting Covid burnout
To keep employees happy despite rampant stress and exhaustion during the pandemic, some Wall Street banks are handing out toys, gifts and perks.…
Continue Reading David’s Bridal says weddings are coming back — now with jumpsuits and short hems
Weddings across the country have been postponed or canceled in the pandemic, but couples are now signaling that they won’t have their love…
Continue Reading Alcohol sales fell for the first time since the pandemic began
The bender appears to be over for booming booze sales sparked by the pandemic. For the first time in a year, since Covid-19 began spreading across…
Continue Reading We flattened the curve. Now let’s end the pandemic
As we experience the pain of so many lives lost and the fatigue of what feels like an endless year of restrictions, it can be hard to appreciate the…
Continue Reading Citi launches Zoom-Free Fridays, but there’s a catch
Citigroup is launching “Zoom-Free Fridays” as a way to help the bank’s burned-out employees cope with stress a year into the…
Continue Reading Here comes $3 gas, just as Americans start traveling again
Travel-starved Americans emerging from lockdown may need to budget for $3-a-gallon gasoline on their next road trip. Prices at the pump are on the…
Continue Reading New reasons to think the work-from-home revolution is overblown
One year after the COVID-19 pandemic forced millions of workers to start clocking in from home, many companies are thinking about how to bring their…
Continue Reading Uncontrolled COVID-19 spread increases chances of a more dangerous variant emerging, ex-CDC chief says
With a climbing number of COVID-19 vaccinations in the US, the light at the end of the tunnel is growing brighter. But right now, experts say it is…
Continue Reading Here’s how much vaccines are selling for on the illegal market
Counterfeit vaccine cards and what are being billed as Covid-19 vaccines are now for sale on the dark web, according to a report released Tuesday.…
Continue Reading Congress is about to grill the top social media CEOs. What questions do you have?
The top social media execs are about to face off with Washington lawmakers again. Congress is set to grill the CEOs of Facebook, Google and Twitter…
Continue Reading California’s senators ask Biden to ban sale of gas-powered cars
California’s two Senators are pushing the Biden Administration to set a date after which automakers would no longer be allowed to sell…
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The first-ever tweet sold as an NFT for $2.9 million
Twitter CEO Jack Dorsey sold the first-ever published tweet as an NFT, a digital collector’s item of sorts. The final bid was $2.9 million. The…
Continue Reading Taco Bell is getting a new look
Taco Bell fans will soon see a new restaurant design across the United States. The restaurant chain announced Tuesday that it’s expanding its…
Continue Reading Chinese markets slump as tit-for-tat sanctions raise tension with US and Europe
Chinese stocks fell by as much as 3% on Tuesday as the United States and its allies announced new sanctions on Beijing, a sign that its relationship…
Continue Reading Covid-19 vaccines and counterfeit vaccine cards are for sale on the dark web
Counterfeit vaccine cards and what are being billed as Covid-19 vaccines are now for sale on the dark web, according to a report released Tuesday.…
Continue Reading Trump’s post-presidency: On the attack with the help of a cable propaganda machine
A long interview with a Fox News anchor. An even longer podcast with a Fox commentator. And a dinnertime phone call with a Newsmax TV personality.…
Continue Reading Popeyes is bringing its famous fried chicken to Britain
Americans have spent the past year going absolutely wild over fried chicken sandwiches. Now, Popeyes hopes to bring the craze to the United Kingdom.…
Continue Reading Fox News anchor wrongly reports DHS secretary had resigned during Trump interview
Fox News anchor Harris Faulkner made a serious and bizarre error on Monday, interrupting a live phone interview with former President Donald Trump to…
Continue Reading Billionaire Leon Black is leaving Apollo following scrutiny over ties to Jeffrey Epstein
Leon Black is completely stepping away from running private equity firm Apollo Global Management amid scrutiny over the billionaire’s ties to…
Continue Reading Computer chip shortage starting to hit automakers where it hurts
The computer chip shortage is starting to hit automakers where it really hurts, delaying deliveries of full-size pickups and SUVs. Since the chip…
Continue Reading Here come the pickup truck and SUV delays
The computer chip shortage is starting to hit automakers where it really hurts, delaying deliveries of full-size pickups and SUVs. Since the chip…
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Nikes are getting harder to find at stores. Here’s why
Struggling to find Nike sneakers at your neighborhood shoe store? That’s by design. Nike wants customers to buy more of its shoes, clothing and…
Continue Reading Why Biden won’t be able to totally undo Trump’s tax cuts
President Joe Biden got almost everything he wanted with his $1.9 trillion economic rescue plan. Goldman Sachs thinks Biden will face far more…
Continue Reading Krispy Kreme is making vaccinations extra sweet with a free doughnut a day for the rest of the year
Krispy Kreme has come up with a way to make getting the COVID-19 vaccine extra sweet. Starting Monday until the end of the year, if you take your…
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Goldman Sachs CEO responds to analyst survey describing ‘inhumane’ workplace
Goldman Sachs’ CEO says the bank will strengthen enforcement of its “Saturday rule” and speed up hiring of junior bankers after a…
Continue Reading Goldman Sachs: Biden’s tax hikes won’t be as big as he wants
President Joe Biden got almost everything he wanted with his $1.9 trillion economic rescue plan. Goldman Sachs thinks Biden will face far more…
Continue Reading Social media star David Dobrik steps down from his buzzy app Dispo amid controversy
One of the buzziest apps of the moment is now in disarray, with its social media star cofounder stepping down amid a controversy that sparked a…
Continue Reading Tesla’s stock will rise 350% by 2025, analyst predicts
Tesla shares have slumped in recent weeks, losing 26% of their value between a record high in late January and its closing price Friday. But at least…
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Kylie Jenner pushed a GoFundMe for a makeup artist’s hospital bills. Critics say she should have paid them herself
Kylie Jenner seeking support for a GoFundMe effort aimed at helping pay medical bills for makeup artist Samuel Rauda did not go over well. Jenner…
Continue Reading Wall Street’s hot new bet: Betting on sports
The NCAA basketball tournament, aka March Madness, is nirvana for sports bettors. But it’s March Madness on Wall Street too, as the blue-chip…
Continue Reading Turkey’s lira plunges after Erdogan fires central bank head
Turkey could be on the cusp of another currency crisis after President Recep Tayyip Erdogan abruptly fired the head of the country’s central…
Continue Reading Donald Trump is creating his own social media network that will go live in a few months
Former President Donald Trump is coming back to social media — but this time with his own network, a Trump spokesperson told Fox News on…
Continue Reading Ignoring CDC warnings, more than 1 million passengers have flown from US airports for 10 straight days
Spring break is here and people suffering from a year of cabin fever are throwing caution to the wind. Saturday marked the 10th straight day on which…
Continue Reading Trump is returning to social media in a few months with his own platform, spokesman says
Former President Donald Trump is coming back to social media — but this time with his own network, a Trump spokesperson told Fox News on…
Continue Reading Reporters call out Biden administration for lack of transparency at the US-Mexico border
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Department of…
Continue Reading This startup aims to take the trash out of takeout
Like many New Yorkers, Adam Farbiarz eats a lot of takeout. But every time he finished a meal, he noticed he was left with a lot of garbage. In fact,…
Continue Reading What’s keeping America’s top economists up at night
There’s a reason economics is frequently called the “dismal science.” What’s happening: The US economy is on track for a…
Continue Reading Elon Musk responds to spying concerns in China: Trust us, we’re just like TikTok
Tesla CEO Elon Musk says his company’s cars would never be used for spying in China, in response to reports that the country’s military…
Continue Reading Children’s book on Dr. Anthony Fauci set for June
Dr. Anthony Fauci, who has served under seven US presidents and has guided the national response to Covid-19, will soon be immortalized in a…
Continue Reading The Capitol Hill riot’s long shadow is visible in day-by-day news coverage
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Despite the best…
Continue Reading Connie Chung: The media is miserably late covering anti-Asian violence
Media outlets are ramping up their coverage of anti-Asian violence following last week’s Atlanta shootings, but many Asian-American journalists…
Continue Reading Profit tumbled at Saudi Aramco, the world’s biggest oil company
Saudi Aramco had a rough 2020, just like every other oil company. But Aramco isn’t any ordinary oil company — it’s the…
Continue Reading Tim Cook and other Apple executives will testify against Epic in Fortnite trial
Apple and Epic are nearing their highly anticipated Fortnite trial and plan to bring forward some top executives to testify in-person. The case…
Continue Reading Ilhan Omar: The media is missing the point on the border crisis
Rep. Ilhan Omar wants the media to change the way it covers immigration. “I think that there are some failures that are taking place,”…
Continue Reading Kent Taylor, Texas Roadhouse founder and CEO, dies at 65
Texas Roadhouse founder and CEO Kent Taylor died Thursday, according to a post on the restaurant chain’s Facebook page. He was 65. “Our…
Continue Reading Investors love electric cars. They’re starting to like Volkswagen, too
A lot can change in a week. Just ask Volkswagen. Europe’s largest carmaker was nobody’s idea of a trendy stock a week ago. Then CEO…
Continue Reading Teen Vogue’s new editor out of a job after backlash over old tweets
Alexi McCammond is out as editor-in-chief of Teen Vogue even before officially starting, she and the magazine’s owner announced Thursday. The…
Continue Reading 5 big signs that travel is roaring back
Vacation deprivation is about to be replaced by a travel boom, according to Expedia CEO Peter Kern. He told CNN’s Julia Chatterley earlier this…
Continue Reading Amazon looks to expand its telehealth footprint
After helping to furnish your home office in 2020, Amazon now wants to help provide your healthcare. The tech giant is expanding Amazon Care —…
Continue Reading The Fed is yanking away big banks’ ‘get out of jail free’ card
Federal regulators said Friday they won’t extend a Covid relief provision granted to big banks, dashing Wall Street’s hopes for an…
Continue Reading Regulators reject Wall Street’s calls to extend Covid relief for big banks
Federal regulators said Friday they won’t extend a Covid relief provision granted to big banks, dashing Wall Street’s hopes for an…
Continue Reading Bikini waxes, lashes and blowouts: It’s time to return to our pre-pandemic selves
After months of sporting the “casual look” — in some cases surrendering fully to our inner shaggy and shabby — consumers are…
Continue Reading BioNTech ‘turning every stone’ to scale up vaccine production, co-founder tells CNN
The makers of the Pfizer/BioNTech coronavirus vaccine are “turning every stone” to scale up production capacity as Europe continues to…
Continue Reading FedEx is still booming thanks to everyone buying stuff online
Despite taking a hit from lousy, snowy weather in February, FedEx is thriving thanks to online shopping. Shares of FedEx soared more than 6% Friday…
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Superheroes are shifting to streaming. That could change everything
It’s a big weekend for comic book fans with two highly anticipated superhero premieres debuting. However, instead of heading to the multiplex,…
Continue Reading Why one Florida city wants to build a two-mile tunnel to the beach
Fort Lauderdale, Florida tourists may be just a few years away from arriving at the beach in a Tesla driven in a tunnel, provided that Elon Musk can…
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Goldman Sachs analysts say they work 95-hour weeks and endure ‘inhumane’ treatment
A workplace survey from a group of junior analysts at Goldman Sachs is about to make you feel a lot better about your job. About a dozen first-year…
Continue Reading Pandemic puts booming CEO pay under the microscope
The pandemic exposed the huge inequities baked into the global economy. That could make for a tense string of annual meetings this spring, as…
Continue Reading Starbucks shareholders reject CEO pay proposal in rare move
Starbucks shareholders voted against the company’s CEO pay proposal in a rare move that may indicate some shareholders think the chief…
Continue Reading US stock futures shrug off overseas slump
US stocks were poised to rebound on Friday as investors shrugged off an overseas sell-off and inflation fears receded. Dow futures were last up 27…
Continue Reading Social media platforms are going to war for online talent
When Katerina Horwitz started out as a social media influencer in 2016, she didn’t earn much money beyond a handful of sponsored posts. A few…
Continue Reading Robinhood is trying to go from PR nightmare to IPO. In this market, it might just work
It’s hard to imagine a more disastrous IPO rollout than the past few months for Robinhood. Regulators accused the app-only brokerage of…
Continue Reading China is raising the alarm over corporate surveillance. But it’s got a massive network of its own
A popular annual consumer rights show in China has sparked a national debate about privacy and surveillance and sent companies scrambling to stay on…
Continue Reading Asian stocks tumble following sell-off on Wall Street
Asian markets tumbled on Friday as investors appeared to be jolted by several issues, from the continued prospect of rising inflation to a volatile…
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Exclusive: UBS quietly bans advisers from pitching booming SPACs to clients
UBS, a major player in the blank-check boom captivating Wall Street, has quietly banned its financial advisers from pitching SPAC stocks to wealth…
Continue Reading NFL signs more than $100 billion in media deals and gives Amazon exclusive games
The NFL is giving Amazon Prime Video exclusive rights to Thursday Night Football — part of its new 11-year deal with TV networks valued at more…
Continue Reading NFL gives Amazon exclusive Thursday Night Football games
The NFL is giving Amazon Prime Video exclusive rights to Thursday Night Football — part of its new 11-year deal with various networks. The new deal…
Continue Reading Treasury yields rise again, spooking the stock market
Wall Street stumbled on Thursday, with energy and tech stocks selling off, and the 10-year Treasury bond yield climbing to a new 13-month high. Just…
Continue Reading Headlines lacking context exploited by anti-vaccine activists to wrongly suggest danger, study finds
News organizations are at risk of “creating false connections and misinformation” when they write headlines that suggest a link between…
Continue Reading US-China talks could end up inflaming trade tensions
Senior officials from the United States and China are meeting in person on Thursday for the first time since US President Joe Biden took office. But…
Continue Reading This quirky discount chain wants to open 180 new stores this year
Five Below wants to win more teen shoppers with novelty stores and cheap prices. The toy, game, room decoration and tech accessory store targets…
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Some Idahoans to receive stimulus payments via debit card
Attorney General Lawrence Wasden is reminding Idahoans some may soon see their federal stimulus payments arriving in the mail in the form of debit…
Continue Reading Peloton warns owners to keep kids away from their treadmills after a child dies
Peloton is warning owners to keep their children away from their treadmills after an accident involving its Tread+ in which a child died. CEO John…
Continue Reading This discount store is targeting tweens and teens with cheap prices and novelty items
Five Below wants to win more teen shoppers with novelty stores and cheap prices. The toy, game, room decoration and tech accessory store targets…
Continue Reading Alexi McCammond will no longer join Teen Vogue as editor in chief
Alexi McCammond is out as editor-in-chief of Teen Vogue before she officially started the job, she and the magazine’s owner announced Thursday.…
Continue Reading To save the planet, Tide wants you to quit using warm water for laundry
Doing your laundry with cold water can help save the planet, and maybe save you some money along the way. That’s the message from Tide in a…
Continue Reading Toys ‘R’ Us is gone. This discount chain wants to fill the void
Five Below wants to win more teen shoppers with novelty stores and cheap prices. The toy, game, room decoration and tech accessory store targets…
Continue Reading Google doubles down on office space despite the rise in remote work
Google is the latest tech company to commit to more office space despite the ongoing pandemic and the rise of remote work. On Thursday, Google said…
Continue Reading Seriously, stop sharing your vaccine cards on social media
When one of my editors recently shared a celebratory picture of his vaccine card on Instagram, I sent him a direct message: “Didn’t you…
Continue Reading Richard Branson launches campaign to end the death penalty
Virgin Group founder Richard Branson is calling for a permanent end to capital punishment around the globe, and he wants more business leaders to get…
Continue Reading Charmin unveiled its own NFTs, and one is going for more than $2,000
That didn’t take long. Non-Fungible tokens, or NFTs — digital artworks and collectibles that have been transformed into verifiable assets —…
Continue Reading Air travel is finally higher than a year ago — but it’s still far below normal
The US airline industry hit a dubious milestone this week: For the first time since the pandemic began, air travel is up from a year ago.…
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Jobless claims are still higher than during the Great Recession a year after the pandemic started
A year after the pandemic shut down the US economy, America’s workers are still hurting. For the past 12 months, first-time claims for jobless…
Continue Reading He left his show after attacking Meghan. What’s next for Piers Morgan?
Piers Morgan has always divided TV audiences, but he gained new notoriety this month after taking on the Duchess of Sussex. With two combative UK…
Continue Reading Kanye West is reportedly worth $6.6 billion
Kanye West officially became a billionaire last year. Now, he’s a billionaire six times over. The 43-year-old rapper turned fashion and…
Continue Reading Peloton instructors design a new Adidas clothing line
Peloton is teaming up with Adidas to launch its most expansive branded apparel line yet, aimed at its fervent fans that can’t get enough of the…
Continue Reading Piers Morgan left his show after attacking Meghan. He could be back on TV soon
Piers Morgan has always divided TV audiences, but he gained new notoriety this month after taking on the Duchess of Sussex. With two combative UK…
Continue Reading YouTube’s TikTok competitor hits the US
YouTube’s TikTok competitor has come to the United States. On Thursday, the company said it’s expanding the beta program for its…
Continue Reading Fed expects rate hikes can hold off until at least next year
The Federal Reserve left interest rates near zero Wednesday and said it would continue to use all the tools in its arsenal to support the still…
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Can Wall Street’s bulls keep climbing a ‘wall of worry’?
Federal Reserve Chair Jerome Powell has a clear message for investors: Don’t stress. We’ve got this. What’s happening: At a press…
Continue Reading The first 3D-printed housing community in the US is being built in the California desert
Developers in Southern California are building what they say will be the first 3D-printed zero net energy neighborhood in the United States. Palari…
Continue Reading ‘Racial bias runs deep’ at America’s largest banks, study says
The banking industry has a race problem, and a new study is putting a spotlight on the inequalities within the nation’s largest financial…
Continue Reading Pinduoduo’s founder leaves as his Chinese e-commerce giant grows bigger than ever
Pinduoduo’s founder stepped down suddenly this week, shaking investors who had watched him take the Chinese e-commerce company from nothing to…
Continue Reading IRS plans to delay this year’s tax filing deadline to mid-May
The Internal Revenue Service plans to delay this year’s tax filing deadline by roughly a month, to mid-May. Democratic Reps. Bill Pascrell of…
Continue Reading WallStreetBets founder signs with major Hollywood talent agency
The founder of the WallStreetBets is heading to Hollywood. Jaime Rogozinski, the investor who started the subreddit that shook up Wall Street, has…
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