Dwayne ‘The Rock’ Johnson is launching an energy drink
Can you smell what “The Rock” is cooking? The wrestler-turned-actor-turned-entrepreneur is entering the energy drink business with ZOA, a…
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Richard Branson’s mother dies of Covid-19
Eve Branson, mother of Richard Branson, the billionaire founder of the Virgin Group, has died of coronavirus, her son announced Monday. In a blog…
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Staples offers to buy Office Depot for $2.1 billion
Staples is once again proposing to buy rival Office Depot in a $2.1 billion deal, five years after the US government squashed their prior merger…
Continue Reading Corporate America pulls the plug on President Trump
Corporate America has long had a complex relationship with President Donald Trump. Many executives have been critical of his unpredictability,…
Continue Reading Fox News adds another hour of opinion programming to its evening schedule
Fox News Channel is removing one of its only nighttime hours of news coverage and replacing it with a right-wing opinion show, signifying a further…
Continue Reading Parler has now been booted by Amazon, Apple and Google
Parler, the alternative social media platform favored by conservatives, now finds itself virtually homeless on the internet as Amazon, Apple and…
Continue Reading Chinese search giant Baidu teams up with Geely to build electric cars
Chinese search giant Baidu is teaming up with carmaker Geely to build electric vehicles, the latest move by a tech company to shape the future of the…
Continue Reading Experts warn that Trump’s ‘big lie’ will outlast his presidency
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. So many lies led up…
Continue Reading CEO arrested for breaching the US Capitol during Trump-fueled insurrection
The CEO of a Chicago company said he was arrested after breaching the US Capitol during Wednesday’s Trump-fueled insurrection in Washington,…
Continue Reading Capitol rioter to CNN: We could absolutely f***ing destroy you
Journalists reported on violence and chaos in real time as rioters stormed the Capitol Wednesday, and some members of the media experienced the wrath…
Continue Reading Stelter: Fox News and Facebook are part of the pro-Trump fantasyland that enabled the Capitol siege
A sick brew of misinformation and hate, cooked up for years by pro-Trump media and enabled by Big Tech, culminated last Wednesday in the siege of the…
Continue Reading Parler has now been booted by Amazon, Apple and Google, and it may have to go offline temporarily
Parler, the alternative social media platform favored by conservatives, now finds itself virtually homeless on the internet as Amazon, Apple and…
Continue Reading The Capitol siege began with a web of delusion
The Capitol insurrection didn’t come out of thin air: It was a result of rage and a web of delusion that many supporters of President Donald…
Continue Reading Parler: Everything you need to know about the banned conservative social media platform
Parler, the alternative social network popular with conservatives, has been banned by Apple, Google and Amazon. Despite its niche audience, Parler is…
Continue Reading Tesla is surging. Is it too late for investors to get in?
Telsa shares outperformed all other major stocks by a wide margin last year, rising 743%. So does that mean its incredible run is behind it? Maybe…
Continue Reading Political instability is another strike against the dollar
There are plenty of reasons to bet against the US dollar right now. Add the riots at the Capitol last week to the list. What’s happening:…
Continue Reading Has the Tesla rally run its course? Or is it too late for investors to get in?
Telsa shares outperformed all other major stocks by a wide margin last year, rising 743%. So does that mean its incredible run is behind it? Maybe…
Continue Reading CNN’s Elle Reeve: ‘Donald Trump plus the Internet brings extremism to the masses’
It was an Extremely Online riot. Some of the people who stormed the Capitol on Wednesday, stalked its majestic halls, and delayed the certification…
Continue Reading Apple suspends Parler from App Store
Apple removed Parler, the alternative social media platform popular with conservatives, from its app store on Saturday. “[T]here is no place on…
Continue Reading Deutsche Bank to pay more than $100 million in deferred prosecution agreement with federal prosecutors
Deutsche Bank entered into a deferred prosecution agreement with federal prosecutors who allege the bank violated anti-bribery laws while doing…
Continue Reading Twitter bans President Trump permanently
Twitter has suspended President Trump from its platform, the company said Friday evening. “After close review of recent Tweets from the…
Continue Reading Twitter takes Trump’s special power away as his isolation grows
It took President Donald Trump years and tens of thousands of tweets to build up 88.7 million followers on Twitter. It took a single moment Friday to…
Continue Reading Right-wing social media app Parler has been removed from the Google Play store
Parler, the alternative social media platform popular with conservatives, has been banned from the Google Play Store, Google told CNN Business Friday…
Continue Reading The US economy lost 140,000 jobs in December. All of them were held by women
A year ago, a rare thing happened to American women. For three months, they held more jobs than men in the US economy — something that had only…
Continue Reading The toxic, symbiotic relationship between Trump and Twitter is finally over
President Donald Trump’s tweeting privileges were briefly restored following Twitter’s temporary lock on his account this week for…
Continue Reading Trump is losing his powerful social media machine. Now what?
After four years of using social media platforms to bypass traditional media and spread his message directly to millions of people, President Donald…
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Twitter has suspended President Donald Trump from its platform
Twitter has suspended President Donald Trump from its platform, the company said Friday evening. “After close review of recent Tweets from the…
Continue Reading Stocks rally as investors wait and hope for more stimulus
Bad news was good news for Wall Street Friday. Stocks rose at the opening bell to hit more new record highs — despite the fact that the United…
Continue Reading GM redesigns its logo after more than 50 years
General Motors unveiled a new logo Friday that the company says symbolizes its shift toward electric vehicles. The now-lowercase letter M, for…
Continue Reading Bitcoin rally may be the ‘mother of all bubbles’ says BofA
Bitcoin prices have doubled in less than a month to more than $40,000. And while cryptocurrency bulls argue this stunning surge is justified, some on…
Continue Reading Stocks pull back as stimulus hopes fade
Bad news was good news for Wall Street early Friday. Stocks rose at the opening bell to hit more new records — despite the fact that the United…
Continue Reading Capitol riots raise urgent concerns about Congress’s information security
Digital security experts are raising the alarm over Wednesday’s breach of the US Capitol, which not only threatened lawmakers’ physical…
Continue Reading Trump is in danger of losing his powerful social media machine
After four years of using social media platforms to bypass traditional media and spread his message directly to millions of people, President Donald…
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Idaho Lottery debuts new Pick 4 Draw game on Sunday
The Idaho Lottery will unveil a new, twice daily Draw Game on…
Continue Reading A radish in a tutu walking a dog? This AI can draw it really well
An artist can draw a baby daikon radish wearing a tutu and walking a dog, even if they’ve never seen one before. But this kind of visual mashup…
Continue Reading Stocks hit new records despite dour jobs report
Bad news is good news again on Wall Street. Stocks rose at the opening bell Friday to hit more new records — despite the fact that the United…
Continue Reading Restaurants like Olive Garden and Applebee’s were in trouble even before the pandemic
If you grew up in the 1990s, you might remember a trip to Olive Garden or Applebee’s as the highlight of your week. Those days are gone. Over…
Continue Reading Biden’s work just got harder: America lost a staggering 140,000 jobs in December
America’s job market recovery ground to a halt in December, making President-elect Joe Biden’s task to repair the economy that much…
Continue Reading Sen. Josh Hawley’s book canceled by publisher citing ‘deadly insurrection’ at Capitol building
In an extraordinary move, Simon & Schuster announced Thursday that it would no longer publish a planned book by Sen. Josh Hawley, one of the…
Continue Reading America sheds jobs for the first time since April
America’s job market recovery ground to a halt in December, losing a staggering 140,000 jobs, the Bureau of Labor Statistics reported Friday…
Continue Reading KFC is finally upgrading its chicken sandwich
Colonel Sanders is entering 2021 ready to rumble in the seemingly never-ending chicken sandwich wars. KFC is finally updating its fried chicken…
Continue Reading America needs jobs. It’s now up to Democrats to deliver
The latest US jobs report, due Friday, is set to include an alarming figure. Economists polled by Refinitiv expect to learn that just 71,000 jobs…
Continue Reading Boeing agrees to pay $2.5 billion to settle charges it defrauded FAA on 737 Max
Boeing reached a $2.5 billion settlement with the Justice Department on Thursday to settle criminal charges that the company defrauded the Federal…
Continue Reading Joe Biden’s economic agenda is suddenly alive again. America could use the jobs
Democrats are taking control of the Senate, breathing new life into President-elect Joe Biden’s economic agenda at a time America’s job…
Continue Reading Elon Musk overtakes Jeff Bezos to become world’s richest person
Elon Musk edged past Amazon founder Jeff Bezos to grab the title of world’s richest person, according to Bloomberg. A 6% rise in Tesla shares…
Continue Reading Hyundai’s stock skyrockets on reports it is in talks with Apple to build a car
Hyundai’s stock recorded its best day in at least two decades after the South Korean automaker was reported to be in early talks with Apple to…
Continue Reading Hyundai stock skyrockets on reports it is in early talks with Apple to build a car
Hyundai’s stock is on pace for its best day in at least two decades on reports that the South Korean automaker is in early talks with Apple to…
Continue Reading Samsung says profits are rising, but smartphone competition is fierce
Samsung predicts its profits rose nearly 26% last quarter. That suggests demand for many of its products has kept up during the coronavirus pandemic…
Continue Reading Joe Scarborough lambasts Capitol police: You opened the f***ing doors for them
The morning after rioters violently stormed the US Capitol, “Morning Joe” co-host Joe Scarborough passionately reprimanded Capitol police…
Continue Reading Capitol riots raise urgent concerns about Congress’s information security, cyber experts warn
Digital security experts are raising the alarm over Wednesday’s breach of the US Capitol, which not only threatened lawmakers’ physical…
Continue Reading Stocks soar to record highs as Wall Street looks past Washington violence
Stocks rallied to new all-time highs on Thursday, as Wall Street continues to be unfazed by the prior day’s violent clashes on Capitol Hill.…
Continue Reading Verizon delaying shutdown of its 3G wireless network
Consumers using a phone that still runs on the Verizon 3G network have a bit more time to continue using the network. The company’s 3G network…
Continue Reading Bitcoin tops $40,000 — just days after passing $30,000
Bitcoin first topped $19,000 in December 2017 before crashing spectacularly to around $3,200 a year later. But long-term buy and hold bitcoin bulls,…
Continue Reading Goldman Sachs predicts faster economic recovery after Democrats sweep Georgia
The surprise sweep by Democrats in Georgia should pave the way for a faster economic recovery from the pandemic, says Goldman Sachs. The bank…
Continue Reading Stocks soar as Wall Street looks past Washington violence
Stocks are rallying sharply on Thursday, as Wall Street continues to be unfazed by the prior day’s violent clashes on Capitol Hill. For…
Continue Reading Gun stocks soared as a pro-Trump mob invaded the US Capitol Hill
American gun manufacturers saw their stock prices surge Wednesday afternoon as a group of Trump supporters stormed into the US Capitol building in an…
Continue Reading Why Wall Street can disregard protests, assassinations and riots
It’s not a surprise that stocks mostly rallied Wednesday and were up again Thursday morning, despite the ugly and tragic events during a riot…
Continue Reading Next stop, $50,000? Bitcoin’s relentless surge rolls on
Bitcoin first topped $19,000 in December 2017 before crashing spectacularly to around $3,200 a year later. But long-term buy and hold bitcoin bulls,…
Continue Reading PogChamp emote banned for ties to Capitol violence
Amazon’s livestreaming platform Twitch has banned a popular gaming emote, citing how the man pictured in the emote tweeted comments that…
Continue Reading Here’s what Burger King’s new logo looks like
Burger King’s identity is getting a whopper of a refresh, with its first new logo in more than 20 years. Using colors inspired by its…
Continue Reading Facebook bans Trump from posting for remainder of his term in office
Facebook’s restrictions on President Donald Trump’s account will continue for at least the next two weeks and perhaps…
Continue Reading ‘Chaos. Anarchy. Assault on Democracy.’ Here’s how newspapers around the world reacted to US Capitol riots
Across the United States, millions watched in horror Wednesday as unprecedented scenes of chaos unfolded at the US Capitol. Supporters of President…
Continue Reading Time after time, the US stock market has been unfazed by civil unrest
It’s not a surprise that stocks mostly rallied Wednesday and were up again Thursday morning, despite the ugly and tragic events during a riot…
Continue Reading Mark Zuckerberg says Facebook may block Trump ‘indefinitely’
Facebook’s restrictions on President Donald Trump’s account will continue for at least the next two weeks and perhaps…
Continue Reading Elon Musk is close to overtaking Jeff Bezos as the world’s richest person
Elon Musk is getting close to grabbing the title of world’s richest person from Amazon CEO Jeff Bezos. The Bloomberg real-time billionaire…
Continue Reading Late-night hosts react to Capitol riot: ‘The treason finale of the Donald Trump era’
Late-night hosts, typically some of the most jovial personalities on television, were somber and angry Wednesday night after rioters stormed the…
Continue Reading Another 787,000 Americans filed for unemployment benefits last week
The jobs recovery has run out of steam as the pandemic continues to spread across the country and world. Last week, another 787,000 Americans filed…
Continue Reading Elon Musk is close to overtaking Jeff Bezos the as world’s richest person
Elon Musk is getting close to grabbing the title of world’s richest person from Amazon CEO Jeff Bezos. The Bloomberg real-time billionaire…
Continue Reading Here’s the list of companies and CEOs that have condemned the riots in Washington
Corporate America is speaking out forcefully against Wednesday’s riots in Washington, in which the US Capitol was breached by supporters of…
Continue Reading Facebook and Twitter temporarily lock Trump’s account after riot on Capitol Hill
Facebook and Twitter took the extraordinary step on Wednesday of locking President Donald Trump’s account on their platforms after his…
Continue Reading America is in turmoil. But investors are focused on what comes next
It was a shocking day in American history after a mob of President Donald Trump’s supporters stormed the Capitol, engulfing one of…
Continue Reading GE won’t claw back former CEO Jeff Immelt’s pay after private jet scandal
Jeff Immelt’s 16 years at the helm of General Electric left the company in shambles. The once-great company was drowning in debt, under fire…
Continue Reading Business leaders react to Wednesday’s riots in Washington
Corporate America is speaking out forcefully against Wednesday’s riots in Washington, in which the US Capitol was breached by supporters of…
Continue Reading Alibaba and Tencent stocks hit by reports that Trump could go after them next
Shares in Alibaba and Tencent were rocked in Hong Kong on Thursday following reports that they could be the next casualties of President Donald…
Continue Reading How the news media covered domestic terrorism on Capitol Hill
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. The events on Capitol…
Continue Reading It took an assault on Congress for Big Tech to draw a line on Trump
Wednesday’s assault on the US Capitol by President Donald Trump’s supporters has created a crisis moment for the tech companies that have…
Continue Reading Before rioters stormed the US Capitol, Trump supporters called for violence online
While many Americans were stunned as they watched rioters descend on the Capitol and clash with police, there has been chatter for days on various…
Continue Reading Donald Trump should be removed from office to preserve democracy, business leaders say
The National Association of Manufacturers, one of the most influential business groups in the US, called on Vice President Mike Pence Wednesday to…
Continue Reading Trump should be removed from office to preserve democracy, business leaders say
The National Association of Manufacturers, one of the most influential business groups in the US, called on Vice President Mike Pence Wednesday to…
Continue Reading Twitter locks Trump’s account for 12 hours, signals he could be banned
Twitter said Wednesday it has locked President Donald Trump’s account for 12 hours, and warned for the first time that it may suspend him…
Continue Reading Congressional reporters became the country’s eyes and ears as rioters stormed Capitol Hill
When pro-Trump rioters breached the Capitol building on Wednesday, the TV cameras in the House and Senate chambers were abruptly turned off.…
Continue Reading Here’s why Wall Street mostly ignored the chaos in Washington
Wall Street shrugged off a shocking day in America’s history Wednesday as Trump supporters stormed the US Capitol in a violent attempt to…
Continue Reading Facebook, Twitter and YouTube take action on Trump’s posts amid riots at the US Capitol
Facebook, Twitter and YouTube took action on President Donald Trump’s posts Wednesday in the wake of riots at the US Capitol from his…
Continue Reading Self-driving pioneer Waymo dumps the term ‘self-driving’
Waymo, the self-driving arm of Google’s parent company Alphabet, and which pioneered the self-driving car business, says it’s done with…
Continue Reading Twitter restricts engagement with Trump’s labeled tweets amid riots at the US Capitol
On Wednesday afternoon, Twitter moved to restrict engagement with tweets by President Donald Trump and others that have been labeled “due to a…
Continue Reading Business leaders suggest removing Trump from office to preserve democracy
The National Association of Manufacturers, the nation’s largest manufacturing association, called on Vice President Mike Pence Wednesday to…
Continue Reading Some Florida counties turned to Eventbrite to distribute vaccines. Then the fraudulent listings came
Before the pandemic, Meg Bourbonniere used Eventbrite to purchase concert tickets. But this week, the 65-year-old resident of Pinellas County,…
Continue Reading Main Street, not Wall Street, is the clear winner from Georgia Senate runoffs
Main Street is emerging as a clear winner following the Senate runoffs in Georgia. The outlook is far murkier, on the other hand, for Wall Street. If…
Continue Reading Cannabis stocks soar, Big Tech sinks following Georgia elections
The “blue wave” that many expected in November appears to have crested two months later. Now, investors are trying to figure out how to…
Continue Reading Why Roku wants more content — even from a failed app
Roku is reportedly in talks to buy the rights to content from Quibi, the short-form video company that shut down after just a few months. While it…
Continue Reading NYSE bans Chinese telecom stocks in second about-face of the week
The New York Stock Exchange will delist three Chinese telecommunications stocks to comply with an executive order from the Trump administration —…
Continue Reading Jeff Bezos just named a huge rocket recovery ship after his mom
It’s always a challenge to find the right gift to get one’s mother, the right token that accurately reflects the appreciation and…
Continue Reading Neil Young has sold a big stake in his 1,180 songs
Folk-rock superstar Neil Young has sold a 50% stake in his song catalog to investment company Hipgnosis for an estimated $150 million. The deal…
Continue Reading Proof Big Tech is way too big: It’s a quarter of your portfolio
Thousands of stocks trade on Wall Street every day. But let’s be honest: Just a half dozen companies really, truly matter for many investors.…
Continue Reading The ‘blue wave’ may have arrived after all
After the elections in November, Wall Street put predictions of a “blue wave” aside. Now, investors are once again reckoning with the…
Continue Reading China sentences former top finance executive to death for bribery
A Chinese court has sentenced the former chairman of a huge state-owned financial company to death after finding him guilty of bribery. It’s a…
Continue Reading Tesla short sellers lost $40 billion in 2020. Elon Musk made more than triple that
It’s hard to imagine anyone has had a better year than Elon Musk did in 2020. His personal net worth soared like one of his SpaceX rockets,…
Continue Reading Trump signs new order that would ban transactions with some Chinese apps
President Donald Trump is continuing to pile the pressure on Chinese tech companies in the closing days of his administration. Trump on Tuesday…
Continue Reading Apple proxy statement includes section about antitrust risk for the first time
Antitrust scrutiny of Apple and other big tech giants ratcheted up over the past year. And for the first time, Apple has noted in its annual proxy…
Continue Reading Bill Gross says growth stocks, SPACs and the ‘Teslas of 2020’ may struggle in 2021
Bill Gross started off his investment outlook for 2021, titled “A Little Bit Softer Now,” on an unusual note, discussing a legal spat…
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