Apple is giving Zoom a run for its money
Apple kicked off its annual developers conference on Monday by unveiling updates to a service many have relied on more heavily throughout the…
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Google fined $270 million in France for unfair advertising practices
Google 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 Reading Hit by a ransomware attack? Here’s what to do
The list of high-profile ransomware attacks grows longer and more alarming by the week, impacting everything from gas pipelines and meat supplies to…
Continue Reading Hit by a ransomware attack? Here’s who to call
The list of high-profile ransomware attacks grows longer and more alarming by the week, impacting everything from gas pipelines and meat supplies to…
Continue Reading Dollar doldrums are back as inflation worries heat up
Though 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 Reading The Atlantic staffers announce intention to unionize
In a 1916 issue of The Atlantic Monthly, John D. Rockefeller Jr. wrote about workers’ right to organize. More than 100 years later, the…
Continue Reading Elon Musk cancels the 500-mile range version of Tesla’s Model S
Elon 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 Reading Elon Musk cancels the Plaid Plus version of Tesla’s Model S
Elon 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…
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Apple’s WWDC 2021 event is about to kick off
Apple 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 Reading Americans are still sitting on loads of stimulus cash
As 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 Reading Get a shot, find love: Tinder, Hinge and other dating apps to give free perks to vaccinated British users
Tinder, 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 Reading US oil hits $70 for the first time in nearly three years
US 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 Reading Chinese women were already discriminated in the workplace. A three-child policy might make things worse
When 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 Reading Here’s what to expect at Apple’s WWDC this week
Revamped MacBooks. Updated iMessage features. An overhaul of the iPad operating system. These are among the announcements Apple may make this week…
Continue Reading Jen Psaki: I can’t let the briefing room become ‘a forum for propaganda’
The 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 Reading Justice Department treats journalists like drug gangs, New York Times reporter says
Journalists may be relieved — for now — that the Biden administration is changing the Justice Department’s policy that allowed prosecutors…
Continue Reading Microsoft removed ‘Tank Man’ images on Tiananmen Square’s anniversary
Microsoft blocked images and videos around the world of “Tank Man,” the unidentified protester during China’s brutal crackdown on…
Continue Reading Plan ahead: Walmart will not be open this Thanksgiving
It’s only June, but Walmart already has plans for Thanksgiving. They don’t involve you. The world’s largest retailer announced that…
Continue Reading A year after slashing staff, airlines are getting ready for a hiring binge
The 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 Reading Why Wall Street fears a global tax deal
Looking 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 Reading Private equity group buying medical products company Medline for $30 billion
A group of private equity firms, including Blackstone Group, Carlyle Group and Hellman & Friedman, is buying medical supply maker and distributor…
Continue Reading These new Crocs are sprouting light-up mushrooms
Just 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 Reading G7 backs Biden’s sweeping overhaul of global tax system
Group 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 Reading 5 signs that shopping is getting back to normal
When coronavirus began to spread across the United States, retailers took action. Social distancing stickers were slapped on floors, mask mandates…
Continue Reading Crashing crypto prices spooked some new investors. Others are doubling down
Grant 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 Reading NASA is getting serious about UFOs
NASA’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 Reading Global food prices surge to their highest level in a decade
Global 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 Reading NASA is taking a fresh look at UFOs
NASA’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 Reading NASA chief says Russia leaving ISS could kick off a space race
The United States has for decades enjoyed a mutually beneficial relationship with Russia that has often served as a powerful symbol of cooperation…
Continue Reading Stocks pop as solid jobs report soothes investor fears
Investors breathed a huge sigh of relief following the May jobs report Friday. Stocks rallied as the numbers told a classic Goldilocksian, not too…
Continue Reading Why this discount chain thinks rising prices are a good thing
People are paying higher prices for everything from diapers to gas. One discount chain says that’s great for its business. Five Below, the toy,…
Continue Reading Meme madness: Bank of America stops covering GameStop
One Wall Street analyst has had it with the whole meme stock phenomenon. Curtis Nagle, who covers retailers for Bank of America, is giving up trying…
Continue Reading After AMC’s wild week on Wall Street, theaters hope to scare up a hit box office with ‘The Conjuring’
“The Conjuring: The Devil Made Me Do It,” the seventh film in the horror franchise, hits theaters on Friday. It ends a crazy week for the…
Continue Reading Facebook says Trump now suspended until at least January 2023
Facebook announced Friday that former President Donald Trump would be suspended from its platform until at least January 7th, 2023 — two years…
Continue Reading Americans are buying lipstick and condoms. Here’s how bars are prepping for a big summer
Americans are gearing up for a celebratory summer by buying more lipstick, dressy clothing and condoms. And bars are ready to greet them. During the…
Continue Reading Facebook to change rules for politicians
Facebook on Friday plans to announce new rules for world leaders who use its platform, a source familiar with the plan tells CNN Business, in a move…
Continue Reading US labor market recovery picks up steam, adding 559,000 jobs in May
America’s job market recovery picked up some steam in May, with 559,000 positions added back to the economy. It was a second sizable miss of…
Continue Reading Amazon, Microsoft and Zillow are backing an initiative to increase Black representation on corporate boards
The number of African Americans serving on boards of directors for the nation’s largest corporations has remained dismally low this year…
Continue Reading Bitcoin tumbles after Elon Musk tweets breakup meme
The price of bitcoin sank on Friday after Elon Musk appeared to lament the end of his relationship with the cryptocurrency. The Tesla CEO tweeted a…
Continue Reading Facebook to change what politicians can get away with on its platform
Facebook on Friday plans to announce new rules for world leaders who use its platform that could limit what politicians can get away with posting, a…
Continue Reading Europe opens twin antitrust investigations into Facebook
Facebook is confronting two separate antitrust investigations by European regulators that will probe whether the social network’s use of data…
Continue Reading Fed chair Powell warns of ‘profound challenges’ posed by climate change
Federal Reserve Chairman Jerome Powell acknowledged serious risks the climate crisis poses to the world economy and called for a coordinated response…
Continue Reading Why everyone is hyping up the US jobs report
From Wall Street to Washington, everyone is waiting for the latest US jobs report. What’s happening: The US Labor Department releases data for…
Continue Reading Hackers have a devastating new target
A major gas pipeline. Dozens of government agencies. A Florida city’s water supply. And now, one of the world’s top meat producers. The…
Continue Reading Biden expands Trump’s list of Chinese companies banned from US investment
President Joe Biden has expanded a Trump-era ban on American investment in dozens of Chinese firms that Washington believes are linked to…
Continue Reading United plans supersonic flights by 2029
United Airlines announced a deal to buy 15 supersonic jets, planning to carry passengers on the ultra-fast planes by 2029. If the airline can follow…
Continue Reading China’s stronger currency means difficult choices for Beijing
China’s yuan is stronger than it has been since the start of the US-China trade war. That has left Beijing in a pickle. If the currency…
Continue Reading Biden wants to set a global minimum tax. The G7 could provide a crucial boost
The Biden administration’s ambitious plan to overhaul the global tax system is about to face a crucial test. Treasury Secretary Janet Yellen…
Continue Reading The most important Tokyo Summer Olympics story is not related to sports
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Thursday was the…
Continue Reading Microsoft wants to make voting more trustworthy. This partnership will help
In late February 2020, Microsoft carried out the first official test of its ElectionGuard voting security software in an election in Fulton,…
Continue Reading Ford could get hit with $1.3 billion penalty for importing vans from Europe
For years, Ford would build its Transit Connect vans in Turkey, then ship them to the United States, where the windows and seats were immediately…
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AMC’s stock is up more than 2,000% this year. But the theater chain’s problems aren’t solved
AMC’s comeback, and then some — its stock price surged to a record high on Wednesday — has been fueled by Reddit’s army of retail…
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Taking the ‘cyber’ out of cyberattacks: Why hackers are going after physical infrastructure
A major gas pipeline. Dozens of government agencies. A Florida city’s water supply. And now, one of the world’s top meat producers. The…
Continue Reading Helicopters, a patrol car and virtual bodyguards: Inside Citizen’s scattered push to upend public safety
Well before Citizen, a controversial real-time crime alerting app, raised eyebrows by testing a company-branded patrol car on the streets of Los…
Continue Reading The Fed will start winding down a program that saved the economy
The Federal Reserve announced Wednesday that it will begin winding down a program that purchased tens of billions of dollars of corporate assets to…
Continue Reading Walmart gives 740,000 associates a free Samsung smartphone
Walmart is rolling out a new app for its employees and giving them a new Samsung phone to use it. The retailer is outfitting nearly half of its US…
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AMC’s stock is up 3,000% this year. But the theater chain’s problems aren’t solved
AMC’s comeback, and then some — its stock price surged to a record high on Wednesday — has been fueled by Reddit’s army of retail…
Continue Reading AMC’s stock is up 2,000% this year. But the theater chain’s problems aren’t solved
AMC’s comeback, and then some — its stock price surged to a record high on Wednesday — has been fueled by Reddit’s army of retail…
Continue Reading Amazon thrived during the pandemic. These drivers say they paid the price
Massive turnover rates. Dissatisfaction with pay. Demanding bosses. Some workers who helped Amazon take advantage of the business opportunity the…
Continue Reading Peloton’s app is getting cheaper for millions of people
Peloton is introducing pricing tiers for its app — and students, health care workers and military members will receive major discounts. The app,…
Continue Reading Twitter will help you undo a tweet — for a fee
Twitter is not caving — yet — to users’ demands for an “edit” button, but it is offering something close: an “undo…
Continue Reading Here’s why this summer’s jobs reports might seem underwhelming
The jobs recovery has slowed since last year’s buoyant rebound. And now a summer lull may be upon us before the return to in-person schooling…
Continue Reading Disney, Netflix and tech titans team up to fight the climate crisis
Some of the world’s largest companies are joining forces to accelerate efforts to fight the climate crisis. Amazon, Disney, Google, Microsoft,…
Continue Reading Etsy is buying Gen Z-focused resale site Depop for $1.6 billion
Online marketplace Etsy announced Wednesday it is expanding into the booming clothing resale space by acquiring Gen Z-focused reseller Depop for…
Continue Reading Climate change could ignite a financial crisis, IMF official says
Climate change poses serious risks to the stability of the financial system, a senior International Monetary Fund official told CNN Business. Tobias…
Continue Reading Why AMC is luring rabid investors with free popcorn
Meme stock mania is back in full force — and this time around, companies are trying to use the hype to their advantage. What’s happening: AMC…
Continue Reading Amazon, Microsoft and Starbucks are backing an initiative to increase Black representation on corporate boards
The number of African Americans serving on boards of directors for the nation’s largest corporations has remained dismally low this year…
Continue Reading Nike backs Naomi Osaka after she withdraws from French Open
Nike and other major sponsors have come out in support of tennis star Naomi Osaka following her decision to withdraw from the French Open. The sports…
Continue Reading Global inflation hasn’t been this high since 2008
Price are rising quickly across huge swaths of the developed world, with inflation in countries that belong to the Organization for Economic…
Continue Reading JBS will be back up and running Wednesday after its hack. But for some employees, that’s too late
Even as meat producer JBS resumed operations at many of its US beef plants nationwide Wednesday after a cyberattack shut down all beef production at…
Continue Reading Dogecoin surges after Coinbase says some users can trade it
Dogecoin is going to the moon again. The canine-themed digital currency soared more than 25% Wednesday to about 40 cents. Investors cheered the news…
Continue Reading A third climate activist is expected to be elected to Exxon’s board
ExxonMobil said it expects a third activist shareholder will be elected to its board of directors, following a contentious vote. Votes are still…
Continue Reading US announces new delayed tariffs against six countries in response to taxes targeting large tech companies
The US government announced new, suspended tariffs on Wednesday against six countries in response to those governments’ digital services taxes,…
Continue Reading What the JBS cyberattack means for meat supply
Some shoppers may want to brace themselves for yet another possible supply crunch — this time with meat. Major beef and pork producer JBS USA…
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AMC shares jump more than 120% to an all-time high
The hits keep coming. Shares of AMC — the largest movie theater chain in the world — surged more than 120% Wednesday to a new peak above $70…
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Martha’s Vineyard ferry disrupted by ransomware attack
A ransomware attack has disrupted ferry services in Cape Cod, Martha’s Vineyard and Nantucket. The region’s Steamship Authority announced…
Continue Reading Newsrooms begin to welcome vaccinated staffers back to offices with ‘soft’ reopenings
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Tuesday was the first…
Continue Reading Ally Bank eliminates overdraft fees
Ally Bank announced Wednesday that it is eliminating overdraft fees — a key source of revenue for banks but a burdensome charge for customers.…
Continue Reading Chamber of Commerce: Worker shortage can’t be solved without ramping up immigration
As businesses grapple with record-high job openings, the US Chamber of Commerce is loudly calling on Washington to allow more foreign workers to…
Continue Reading Dollar stores are starting to offer fresh food after years of criticism
Dollar store chains are starting to offer fresh groceries at some stores after years of criticism that they don’t provide enough healthy food…
Continue Reading AMC shares jump more than 90% to an all-time high
The hits keep coming. Shares of AMC — the largest movie theater chain in the world — surged more than 90% early Wednesday to a new peak above $60…
Continue Reading Trump shuts down his blog after less than a month
The blog page that former President Donald Trump launched less than one month ago, after his team suggested he’d be launching a major new…
Continue Reading Amazon announces dates for this year’s Prime Day
Amazon’s Prime Day sales event will be held June 21 and 22, the company said Wednesday. Amazon usually holds Prime Day in the summer, but last…
Continue Reading A major meat producer was hacked. Here’s what you need to know
By now, you’ve probably heard of a cyberattack involving JBS — one of the country’s largest meat producers. But what is JBS? And what…
Continue Reading Amazon changes employee policies for time off, marijuana
Amazon announced Tuesday it supports the federal legalization of marijuana, and that the company is revising a controversial workplace policy critics…
Continue Reading Tyson CEO steps down after less than a year
Tyson CEO Dean Banks is leaving the company after less than a year on the job. “Stepping down and concentrating on my family is the right…
Continue Reading Is Amazon the spark that reignites cannabis stocks?
After struggling in recent months, companies that focus on the booming marijuana sector could be primed for a takeoff. What’s happening:…
Continue Reading AMC shares soar again thanks to Reddit and a huge box office weekend
After a big box office weekend for “A Quiet Place,” AMC stock was making a lot of noise on Tuesday. Shares of AMC Entertainment shot up…
Continue Reading JBS hack shuttered nine US beef plants but normal operations to resume Wednesday
Meat producer JBS closed nine of its US beef processing plants on Tuesday following a cyberattack that took down its IT systems, but the company…
Continue Reading Cybersecurity firm NortonLifeLock will let customers mine crypto
Mining for bitcoin and other cryptocurrencies is typically done by companies that own massive server farms operating outside of the United States.…
Continue Reading Silicon Valley may look very different after the pandemic
After four months of working from home during the pandemic, Reeba Akram decided to change where home was. Akram, who works for Google, moved with her…
Continue Reading ‘Baby Shark’ backer gets a bounce from Elon Musk tweet
Elon Musk has turned his attention from Shiba Inu dogs to baby sharks — and investors are singing along. The Tesla CEO’s tweet late Tuesday…
Continue Reading What the JBS cyberattack means for your meat supply
American shoppers may want to brace themselves for yet another possible supply crunch — this time with meat. JBS USA, the country’s top beef…
Continue Reading Major meat producer JBS USA hit by cyberattack, likely from Russia
Major meat producer JBS USA suffered a cyberattack on Sunday. The attack affected servers supporting its IT systems in North America and Australia,…
Continue Reading Two Elon Musk tweets have violated SEC settlement agreement, report says
Two tweets by Elon Musk in the past two years have run afoul of an agreement with the US Securities and Exchange Commission that Tesla lawyers must…
Continue Reading WarnerMedia and Discovery unveil new company name
WarnerMedia and Discovery have revealed the name that their soon-to-be-combined companies will take once they are fused together: Warner Bros.…
Continue Reading Sam’s Club is bringing back free samples
Sam’s Club is the latest warehouse chain to bring back food samples, joining rival Costco in returning to a pre-pandemic shopping staple.…
Continue Reading June is Pride Month. Wall Street has taken notice
A new LGBTQ exchange-traded fund recently launched on Wall Street … just in time for the start of Pride Month. It’s a clear sign that…
Continue Reading Fed official: Getting women back to work is about ‘our economic potential as a nation’
America’s recovery from the pandemic downturn has been rocky: Millions of workers — especially women — remain on the sidelines, while parts…
Continue Reading Your summer 2021 media guide: In-person premieres, series finales, and new beginnings
This special edition of the “Reliable Sources” newsletter is a look ahead to the next three months in pop culture, politics, business,…
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