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…
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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…
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Walmart extending store hours that were cut during pandemic
BENTONVILLE, Arkansas — Walmart says it’s expanding its hours, after reducing them during the pandemic. As of June 5, most stores nationwide will be…
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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 Realtor groups ask U.S. Supreme Court to block CDC’s eviction moratorium
WASHINGTON, DC — A coalition of Realtor groups asked the U.S. Supreme Court on Thursday night to block the Centers for Disease Control and…
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…
Continue Reading 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…
Continue Reading 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…
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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…
Continue Reading 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…
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SpaceX launches baby squid and water bears
CAPE CANAVERAL, Florida — Astronauts on the International Space Station are about to get a special delivery. SpaceX launched its 22nd cargo…
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 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 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 Are unemployment benefits causing a worker shortage? No one knows for sure
Once considered a crucial safety net in the pandemic-fueled economic storm, enhanced unemployment benefits are now pitting the jobless who say they…
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 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 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 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 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 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,…
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NASA’s Artemis program will land the first person of color on the moon
The Artemis program will land the first person of color on the moon, according to NASA. The new goal for the program, which seeks to land the first…
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…
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