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…
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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…
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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,…
Continue Reading America’s worker shortage is real and getting worse by the day, US Chamber CEO says
The US Chamber of Commerce on Monday announced a nationwide initiative to address the worker shortage in the US, calling the crisis the most critical…
Continue Reading Steel and lumber prices are sky-high. Lifting Trump’s tariffs could help
The US economy is so hot the supply of key materials can’t keep up with surging demand — sparking shortages and price spikes in everything…
Continue Reading Pizza Hut is bringing back a fan favorite
Pizza Hut is bringing back one of its most famous pizzas, more than a decade after it left menus. The Edge, a thin-crust pizza “packed with…
Continue Reading Krispy Kreme has given away over 1.5 million doughnuts to vaccinated people
Vaccinated people are taking Krispy Kreme up on its free doughnuts offer. In March, the chain announced a special promotion for Americans who have…
Continue Reading Major meat producer JBS USA hit by cyberattack
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 Elon Musk blames rising Tesla prices on raw material costs
Add Teslas to the list of items that are costing more money during the pandemic. Last week Tesla raised the price of the Model 3 by $2,000 to $39,990…
Continue Reading ‘It’s just human dignity.’ Trans writers and journalists struggle to get old bylines corrected
When Theresa Tanenbaum transitioned in 2019, she changed her name and began a years-long quest to correct the one she was given at birth — her…
Continue Reading Energy costs are stoking inflation. Just look at US gas prices
Investors worried about rising inflation should keep an eye on what’s happening at the pump. US gas prices hit their highest level in seven…
Continue Reading Meat producer JBS USA suffers cyberattack
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 The biggest IPO ever in the Philippines is from an instant noodle company
Monde Nissin has made stock market history as it works to get more people to eat its noodles and fake chicken. The maker of Lucky Me! instant…
Continue Reading Truckers are getting big pay hikes, but there’s still a shortage of drivers
America’s truck driver shortage is driving pay higher. But it’s not solving the scarcity of truckers. Massive increases in online…
Continue Reading ‘A Quiet Place Part II’ kicks off summer with a blockbuster opening
Theaters have spent months trying to figure out how to get people back to the movies. Scaring them beyond belief appears to be a solution. “A…
Continue Reading Top bankers can now bypass strict quarantine rules in Hong Kong
Hong Kong is giving some top finance executives a pass on its strict quarantine rules in an attempt to protect business in the city from harsh…
Continue Reading India’s economy was starting to recover. Then a second Covid wave hit
India’s economy was turning a corner earlier this year as the country started to accelerate out of the recession it suffered in 2020. But a…
Continue Reading China’s new three-child policy sends baby and maternity stocks soaring
China’s decision to allow families to have three children could produce a windfall for makers of strollers, car seats and baby formula. At…
Continue Reading AP explains why it fired Emily Wilder for pro-Palestinian tweets
The Associated Press’ managing editor is speaking out after a firestorm that followed the ousting of former AP journalist Emily Wilder. Wilder…
Continue Reading Gas prices surge past $3. Here’s where gas is most expensive — and cheapest — for Memorial Day
Gasoline prices are at a seven-year high, just in time for travelers to hit the road for Memorial Day. A gallon of regular gas costs just under $3.05…
Continue Reading Parents of detained journalist in Myanmar: ‘It’s a total nightmare’
The parents of an American journalist detained in Myanmar have a message for local authorities: Release him now. “It’s a total nightmare;…
Continue Reading Why investors should look beyond Big Tech
Tech stocks are showing investors how durable they can be, bouncing back from two sharp sell-offs this year to continue a dramatic surge that has…
Continue Reading American Airlines extends suspension of alcohol services following Southwest flight attendant assault
American Airlines has joined Southwest Airlines in suspending alcohol services on flights, the airline said Saturday. The decision follows a recent…
Continue Reading Employers can legally offer incentives to employees to get vaccinated
Employers can offer incentives to employees to get vaccinated for Covid-19, according to new guidance from the federal Equal Opportunity Employment…
Continue Reading 7 signs that summer is about to be lit
This weekend kicks off “Hot Vax Summer,” an unofficial term meaning that vaccinated Americans are ready to go wild and make up for lost…
Continue Reading A lot of people are waiting for porta potties — and not just folks who need to go
After more than a year of staying at home, avoiding crowds and other Covid-19 precautions, many Americans are looking forward to a summer of…
Continue Reading Wanted: Millions of cybersecurity pros. Salary: Whatever you want
A series of major digital security breaches over the past year are serving as a wake-up call to Corporate America about the need to invest in…
Continue Reading Surging prices: Key inflation metric just hit a 29-year high
Inflation seems unstoppable as the economy returns to normal. People are spending big again, with battered industries like travel and hospitality…
Continue Reading Costco is bringing back free samples
Costco is bringing back a pre-pandemic staple: Food samples. The warehouse chain announced that it’s “beginning a phased return to full…
Continue Reading Microsoft says SolarWinds hackers have struck again at the US and other countries
The hackers behind one of the worst data breaches ever to hit the US government have launched a new global cyberattack on more than 150 government…
Continue Reading Bitcoin is tumbling at the end of its worst month in nearly 10 years
Bitcoin investors have sold in May. It remains to be seen if they’re going away for good. Bitcoin prices fell 8% Friday and have plunged about…
Continue Reading Why AMC shares are skyrocketing again
As the Reddit crowd piles in, AMC shares are soaring — and no, that’s not a headline from late January. What’s happening: Shares of AMC…
Continue Reading Nike says it cut ties with Neymar over his refusal to cooperate in sexual assault investigation
Nike said it cut ties with Neymar last year because the Brazilian soccer superstar refused to cooperate with an inconclusive investigation into…
Continue Reading States have been offering big prizes for those who are vaccinated. Companies are now doing the same
What do lotteries, fishing licenses and college scholarships have in common? They’re all part of dozens of innovative freebies being given away…
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Silicon Valley is in a high-stakes standoff with India
The biggest names in tech are locked in an increasingly tense stand-off with India over strict new social media rules they fear will erode privacy,…
Continue Reading ‘Cruella’ and ‘A Quiet Place Part II’ pose the first real test of the summer box office
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “This weekend…
Continue Reading This $5 billion insurance company likes to talk up its AI. Now it’s in a mess over it
A key part of insurance company Lemonade’s pitch to investors and customers is its ability to disrupt the normally staid insurance industry…
Continue Reading Tech trade groups file lawsuit against Florida’s new social media law
Florida’s new law prohibiting social media platforms from suspending politicians is just days old. But it’s already being challenged in…
Continue Reading AMC soars nearly 40% thanks to more Reddit love
Get your popcorn ready! It looks like the AMC stock surge sequel may be the feel good hit of the summer. Shares of AMC soared about 36% Thursday as…
Continue Reading Jobless claims drop to new pandemic-era low as states get ready to slash benefits
Jobless claims are at a Covid-era low, and people are increasingly looking for work as various states prepare to cut back their enhanced pandemic…
Continue Reading Jamie Dimon: Some Americans ‘don’t feel like going back to work’
JPMorgan Chase CEO Jamie Dimon suggested Thursday that companies are having trouble hiring in part because some Americans don’t feel like…
Continue Reading Gas prices are at a 7-year high, just in time for Memorial Day
A nasty surprise awaits the 34 million drivers expected to hit US roads this Memorial Day weekend — the highest gas prices in seven years. And that…
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