Coinbase is worth $65 billion — and it’s probably heading higher
Cryptocurrency exchange Coinbase Global is set to go public Wednesday at a valuation of a whopping $65 billion, as the company takes advantage of…
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Amazon, Google, GM, Starbucks and hundreds of companies join to oppose voting restrictions
Hundreds of prominent executives from high-profile companies, including Amazon, Google, BlackRock and Starbucks, signed a statement that opposes…
Continue Reading Coinbase says it’s the bitcoin investment for people afraid of buying bitcoin
Coinbase Global is going public through a direct listing Wednesday, becoming the first cryptocurrency exchange on the stock market. The timing…
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Bernie Madoff, who ran world’s largest Ponzi scheme, dies in prison
BUTNER, North Carolina — Bernie Madoff, the financier who pleaded guilty to orchestrating the largest Ponzi scheme in history, has died in a…
Continue Reading ‘Insecure’ star Issa Rae is helping PepsiCo’s LIFEWTR brand find the next Issa Rae
“Insecure” star Jo-Issa Rae Diop, better known as Issa Rae, is a big believer in amplifying creative voices and paying her blessings…
Continue Reading ‘It’s a tragedy.’ French winemakers face devastation after worst weather in 30 years
One of France’s biggest export industries is facing a devastating blow after an unusually severe frost earlier this month damaged vineyards…
Continue Reading Practically everything is getting more expensive in America
Wall Street has been a bundle of nerves about potential spikes in inflation since Democrats passed $1.9 trillion in economic stimulus last month. And…
Continue Reading How Johnson & Johnson’s vaccine pause could slow the economic recovery
Economic turnaround hopes are strongly tied to the vaccine rollout around the globe — so a new concern over the Johnson & Johnson Covid-19…
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How J&J’s vaccine pause could slow the economic recovery
Economic turnaround hopes are strongly tied to the vaccine rollout around the globe — so a new concern over the Johnson & Johnson Covid-19…
Continue Reading Why Wall Street is so excited about bank stocks
For years, Wall Street turned up its nose at America’s bank stocks. Now, the sector is getting tons of love as investors eye the economic…
Continue Reading W. Galen Weston, billionaire and ‘retail visionary,’ is dead at 80
W. Galen Weston, the patriarch of a retail and food empire that spans the Atlantic, has died at 80. Weston’s family announced his death on…
Continue Reading Dogecoin price surpasses 10 cents to reach an all-time high
Bitcoin and Ethereum aren’t the only digital currencies that are hitting record highs this week. Dogecoin, the crypocurrency that features the…
Continue Reading Egypt impounds Ever Given ship over $900 million Suez Canal compensation bill
Egyptian authorities have seized a massive cargo ship which blocked the Suez Canal for almost a week last month, amid a dispute over financial…
Continue Reading China is going after tech companies. Tesla is trying to keep out of the way
Tesla is still trying to get back on China’s good side. An executive at the electric carmaker told Chinese authorities this week that Tesla…
Continue Reading States scramble to halt Johnson & Johnson vaccinations after CDC and FDA recommend pause
States trying to fend off a new, dominant strain of coronavirus have a new challenge: having to stop Johnson & Johnson vaccinations for now. The…
Continue Reading Grab is going public in $40 billion SPAC deal, the biggest on record
Southeast Asia’s ride-hailing giant Grab is setting the stage for an eye-popping Wall Street debut. The Singapore-based startup announced…
Continue Reading China tells its tech giants to heed ‘warning’ in Alibaba’s record fine
The A-list of China’s tech industry was summoned before the country’s powerful regulators on Tuesday for a dressing down over antitrust…
Continue Reading Journalists reflect on Afghanistan as Biden prepares to announce troop withdrawal
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Nearly 20 years ago,…
Continue Reading CDC and FDA recommend US pause use of Johnson & Johnson’s Covid-19 vaccine over blood clot concerns
The US Centers for Disease Control and Prevention and the US Food and Drug Administration are recommending that the United States pause the use of…
Continue Reading Americans are buying less toilet paper and wipes
One encouraging sign that the pandemic-time panic among consumers has abated: Americans have stopped hoarding toilet paper, kitchen towels and wipes.…
Continue Reading Egypt impounds Ever Given ship over $900m Suez Canal compensation bill
Egyptian authorities have seized a massive cargo ship which blocked the Suez Canal for almost a week last month, amid a dispute over financial…
Continue Reading White Claw’s latest hard seltzer is even boozier
White Claw’s newest product is even boozier than the original. Surge, a new hard seltzer which is now rolling out in the United States, is sold…
Continue Reading Americans are finally buying less toilet paper and wipes
One encouraging sign that the pandemic-time panic among consumers is abating: Americans are no longer hoarding toilet paper, kitchen towels and…
Continue Reading Dow slips, but S&P 500 notches record, as US urges pause on J&J vaccine
Wall Street has been riding high as America’s vaccination program exceeded expectations, lifting prospects of a speedy economic recovery. But a…
Continue Reading Apple will launch new products on April 20
Apple is set to host its first product launch of the year next week, and it’s expected that it will be announcing an updated iPad Pro as well…
Continue Reading New Zealand bill would require banks to disclose climate risks, in a world first
New Zealand is set to consider legislation that would require banks, insurers and asset managers to disclose the impacts of climate change on their…
Continue Reading Domino’s is launching a pizza delivery robot car
The robots are coming, and they’re bringing pizza. This week, Domino’s is rolling out a robot car delivery service to select customers in…
Continue Reading Dow slips after US urges pause on Johnson & Johnson Covid-19 vaccine
Wall Street has been riding high as America’s vaccination program exceeded expectations, lifting prospects of a speedy economic recovery. But a…
Continue Reading Vaccine passport apps are about to be everywhere. It could get complicated
As the vaccine rollout continues to accelerate and the broader US economy prepares to reopen, talk of vaccine verification apps has heated up. Tech…
Continue Reading Siri may have just revealed when Apple is holding its next product launch
Siri may have just let slip when Apple is planning its next big product launch. When asked on Tuesday about when it’s holding another press…
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