
Colonial Pipeline CEO admits to authorizing $4.4 million ransomware payment
HOUSTON, Texas — Colonial Pipeline CEO Joseph Blount said he authorized a ransom payment of $4.4 million in response to a cyberattack on the…
Continue ReadingHOUSTON, Texas — Colonial Pipeline CEO Joseph Blount said he authorized a ransom payment of $4.4 million in response to a cyberattack on the…
Continue ReadingFace masks and lockdown orders have kept lips largely out of sight in the pandemic. That, consequently, hurt lipstick sales last year. But makeup…
Continue ReadingAmazon will lift its mask mandate for its fully-vaccinated warehouse employees in the United States beginning May 24 in locations where local…
Continue ReadingBitcoin and other cryptocurrencies are plunging as anxiety spreads through the market — this time, after China took more steps to crack down on the…
Continue ReadingBitcoin and other cryptocurrencies plunged Wednesday after China took steps to further crack down on digital currency. Anxiety is spreading through…
Continue ReadingAfter auctioning off some of the world’s first NFT artworks for $17 million last week, Christie’s is trying to one-up itself by turning…
Continue ReadingFast-growing Swedish oat milk brand Oatly is headed for a splashy New York IPO that will test investor demand for companies that make plant-based…
Continue ReadingHard seltzer sales are surging but competition continues to grow, so Truly Hard Seltzer is using some star power to help the brand break through. The…
Continue ReadingUnder Armour said Wednesday that it will bump up its minimum wage in the United States from $10 an hour to $15, becoming the latest company to raise…
Continue ReadingChina and the United States are in a race for scarce commodities to rebuild their economies after the pandemic. That’s pushing prices through…
Continue ReadingThe great reopening and return to pre-pandemic life is a tale of two timelines — and parents are caught in the middle. Offices are itching to get…
Continue ReadingBitcoin, it seemed, was finally ready for prime time. Prices were surging, big payments firms were accepting it, and billionaires such as Paul Tudor…
Continue ReadingPeloton is rolling out a software fix for its Tread and Tread+ treadmills after a massive recall. Customers can now access a new “Tread…
Continue ReadingInflation is not something we’re used to worrying about. In fact, the only Americans with real memories of runaway inflation and its effect on…
Continue ReadingBitcoin and other cryptocurrencies are plunging as anxiety spreads through the market — this time, after China took more steps to crack down on the…
Continue ReadingBurger King’s new chicken sandwich is here, and it’s entering a market that’s more crowded than ever. The burger chain first…
Continue ReadingA version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Two days after…
Continue ReadingGoogle tried to make up for lost time at its annual developer conference this week by announcing a massive Android redesign and new features to help…
Continue ReadingNearly a year ago, Amazon said it would stop providing its facial-recognition software, Rekognition, to police for a year. Now it appears that ban…
Continue ReadingEL PASO, Texas — A flare up at the Marathon Petroleum El Paso Refinery generated smoke and flames Tuesday visible in the sky over the Lower Valley,…
Continue ReadingWarren Buffett, the world’s most famous investor, is 90. But there are plenty of people much, much younger who are interested in stocks.…
Continue ReadingMore stores announced this week they are easing their mask requirements, joining a growing number of top chains changing their policies in the wake…
Continue ReadingMichael Burry, one of the investors who became famous for predicting the epic collapse in the housing market in 2008 that was chronicled in the book…
Continue ReadingAt Forbes, a publication known for its coverage of the rich and powerful, its employees are fighting for something rather less glamorous: fair pay…
Continue ReadingAmericans keep putting money into their homes. And that’s great news for Home Depot. The retail giant reported sales and earnings for the first…
Continue ReadingBank of America said Tuesday that it will raise the hourly minimum wage of its US employees to $25 by 2025. “It costs us a few hundred million…
Continue ReadingThe International Energy Agency, which was founded by rich industrial nations after oil shocks in the 1970s to promote secure and affordable energy…
Continue ReadingThe latest round of federal stimulus payments of up to $1,400 per person lifted sales at Walmart, the largest retailer in the United States, as…
Continue ReadingFoxconn is partnering with automaker Stellantis to develop technology for vehicle cockpits, in the latest sign of the iPhone maker’s ambitions…
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