Pinduoduo’s founder leaves as his Chinese e-commerce giant grows bigger than ever
Pinduoduo’s founder stepped down suddenly this week, shaking investors who had watched him take the Chinese e-commerce company from nothing to…
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El Paso bars celebrate St. Patrick’s day during pandemic
El Paso, Texas — It was exactly one year ago when El Paso’s health chief, Dr. Hector Ocaranza, ordered bars to shut down amid Covid-19 concerns.…
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Human remains found at El Paso construction site for Amazon distribution center
EL PASO, Texas — Human remains were discovered Wednesday at the construction site of an El Paso distribution center for retail giant Amazon. The…
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WallStreetBets founder signs with major Hollywood talent agency
The founder of the WallStreetBets is heading to Hollywood. Jaime Rogozinski, the investor who started the subreddit that shook up Wall Street, has…
Continue Reading Amazon warehouse worker testifies to Senate: ‘My workday feels like a 9-hour intense workout every day’
An Amazon warehouse employee testified before the Senate Budget Committee on Wednesday about the “grueling” working conditions that led…
Continue Reading Higher mortgage rates still aren’t cooling the hot housing market
Mortgage rates have been steadily rising this year, but that doesn’t seem to be slowing demand for housing — yet. According to Freddie Mac,…
Continue Reading Cardi B and Candace Owens engage in epic Twitter battle
Cardi B famously raps “Cardi don’t need more press,” but if that’s the case, she may want to chill on Twitter. The Grammy…
Continue Reading Justin Long, the ‘I’m a Mac’ actor, defects from Apple
“I’m a Mac” actor Justin Long is now a PC guy. Nearly two decades ago, Long extolled the benefits of Mac computers while playing…
Continue Reading Amazon’s grocery chain is growing. It isn’t Whole Foods
Four years after Amazon bought Whole Foods, the e-commerce giant is making another major push to sell shoppers groceries. But this time, Whole Foods…
Continue Reading Topps apologizes for card depicting beaten-up BTS band members
Topps apologized after it shared an insensitive trading card image of K-pop band BTS bruised and beaten. The sticker card depicts BTS members in…
Continue Reading This major US bank just endorsed reparations for Black Americans
The largest union-owned bank in the United States announced its support for reparations for African Americans on Wednesday. Amalgamated Bank became…
Continue Reading What is an NFT? Non-fungible tokens explained
Non-fungible tokens, or NFTs, are the latest cryptocurrency phenomenon to go mainstream. And after Christie’s auction house sold the first-ever…
Continue Reading Treasury has sent about 90 million stimulus payments
WASHIINGTON, DC — About 90 million stimulus payments, totaling more than $242 billion, have been sent as of Wednesday, the Treasury Department…
Continue Reading Disneyland sets reopening date
It’s been a long year for Disneyland fans, but “The Happiest Place On Earth” is finally set to reopen its doors. The flagship…
Continue Reading Amalgamated becomes the first major US bank to endorse reparations
The largest union-owned bank in the United States announced its support for reparations for African Americans on Wednesday. Amalgamated Bank became…
Continue Reading SPAC fundraising is up an insane 2,000% from a year ago
The SPAC market is so hot that this year’s fundraising haul has already surpassed all of 2020’s. And it’s not even April.…
Continue Reading Asian cities challenge London for world’s No. 2 financial center title
London is fighting to maintain its standing as the best city outside New York for bankers and traders to do business. The British capital lost…
Continue Reading US economy can ‘definitely’ withstand tax hikes, BlackRock’s Rick Rieder says
As business leaders warn about the risks of a corporate tax hike, the world’s largest asset manager is decidedly unfazed. The resurgent US…
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Texas AG says more than $29 million in unpaid electric bills will be forgiven as he sues Griddy Energy
AUSTIN, Texas — The Texas attorney general says a lawsuit he filed against the energy company Griddy will keep about 24,000 Texans from having…
Continue Reading Angie’s List changes its name in a complete rebranding
In the early days of the internet, it was novel and exciting to find ratings and reviews of contractors on a site like Angie’s List.…
Continue Reading What can Jerome Powell do to prevent Wall Street’s worst nightmare?
Once upon a time, investors’ biggest concern was the pandemic that doused markets in uncertainty. No longer. What’s happening: For the…
Continue Reading How to launch an airline during a global pandemic
The coronavirus pandemic has forced even the biggest airlines to ground planes, slash jobs and bolster their finances to survive the worst crisis in…
Continue Reading The global chip shortage is still hurting Samsung, Honda and Volkswagen
The global chip shortage is continuing to pummel global business, with Samsung, Honda and Volkswagen among the latest major companies to warn of…
Continue Reading Why an oil price ‘supercycle’ is unlikely
Will crude oil prices continue their recent dramatic boom as the pandemic recovery takes hold? Perhaps not. The International Energy Agency said…
Continue Reading Trump’s corporate tax cuts went too far, BlackRock exec says
As business leaders warn about the risks of a corporate tax hike, the world’s largest asset manager is decidedly unfazed. The resurgent US…
Continue Reading Uber’s UK drivers to get paid vacation, pensions following Supreme Court ruling
Uber is reclassifying its 70,000 drivers in the United Kingdom after the UK Supreme Court upheld a ruling last month that they should be classified…
Continue Reading First GameStop, now gorillas. Redditors are pouring money into saving apes
The WallStreetBets community is moving beyond GameStop and AMC. But its latest investment target isn’t a stock, bitcoin or even NFTs.…
Continue Reading Post-pandemic primping: Lashes, waxes and blowouts are coming back
After months of sporting the “casual look” — in some cases surrendering fully to our inner shaggy and shabby — consumers are…
Continue Reading Online trading firm eToro going public in more than $10 billion SPAC deal
Robinhood is widely expected to go public later this year despite the public relations black eye it received during the Reddit-induced GameStop…
Continue Reading This chain wants to take on Lululemon with a new men’s line
Dick’s Sporting Goods knows Lululemon’s ABC pants are a hit. So it wants to create its own version. On Tuesday the sporting goods chain…
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