Biz/Tech
Vaccines and stimulus are a powerful cocktail for the US recovery
Those betting on an economic boom in the United States this spring and summer just got a dose of very good news. What’s happening: President…
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Leaving Las Vegas: Sands is selling its casinos in a $6.25 billion deal
Las Vegas Sands Corp., the upscale resort and casino company founded by the late Sheldon Adelson, is leaving its namesake city and selling its two…
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Exclusive: Wall Street is in for a rude awakening, former NY Fed president says
Wall Street threw a fit last week when Treasury rates spiked. The stock market tanked and investors feared the economy was overheating. Former New…
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UK promises billions more in stimulus. But are tax hikes coming soon?
UK finance minister Rishi Sunak is preparing to deliver a crucial budget in the wake of the economy’s worst slump in more than three centuries,…
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How a Chinese website for pirated TV shows became a cultural touchstone for millennials
When Bill Liang realized that popular video download and streaming service Renren Yingshi might be gone for good his heart sank. The website, also…
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How news orgs can combat vaccine hesitancy as production ramps up
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. The vaccine story is…
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What’s the big deal? El Paso City Council sells land that was to be Great Wolf site
EL PASO, Texas — The El Paso City Council Tuesday unanimously agreed to sell a prime piece of real estate in northwest El Paso in a deal described…
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El Paso businesses to decide whether to maintain or relax restrictions come March 10
EL PASO, Texas — Texas Gov. Greg Abbott announced Tuesday that mandated virus restrictions will be lifted starting March 10, at which time it’ll be…
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Rio Tinto’s chairman to step down in latest shakeup following Indigenous cave destruction
Rio Tinto Chairman Simon Thompson is stepping down over the company’s destruction of a 46,000-year-old, sacred Indigenous site in Australia,…
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Gov. Abbott to lift mask mandate, other Texas virus restrictions on March 10
LUBBOCK, Texas — Gov. Greg Abbott will end Texas’ statewide mask mandate and allow all businesses to reopen at full capacity as of next Wednesday,…
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Texas will create ‘tough situation’ for New Mexico, which keeps mask mandate
LAS CRUCES, New Mexico — The decision to drop mask requirements and pandemic occupancy limits in Texas will have a ripple effect on New Mexico, the…
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Why 5G is such a headache for designers
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.…
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Watch out, PayPal. Square just launched its own bank
Square, the financial payments firm run by Jack Dorsey, launched an in-house bank that it says will allow it to “operate more nimbly” in…
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Fox News gets a huge Trump bump during former president’s CPAC speech
The Republican base’s commitment to former president Donald Trump showed up like a fist in the air in Sunday’s television ratings. The…
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Inside the complicated business of disguising 5G equipment
For years, artificial cacti have lined the sandy roadsides of North Scottsdale, Arizona. They look real at first glance but tucked inside are…
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Square launches an in-house bank as fintech competition heats up
Square, the financial payments firm run by Jack Dorsey, launched an in-house bank that it says will allow it to “operate more nimbly” in…
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Reese’s is launching a peanut butter cup without any chocolate
Peanut butter purists called and Reese’s answered. Reese’s latest iteration of its wildly popular peanut butter cup will be all peanut…
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Bitcoin is surging as an inflation hedge, but don’t count out gold either
Inflation concerns have led to more volatility in the stock and bond markets of late. That should be good news for gold, a tangible asset with a…
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Kayleigh McEnany, Trump’s former press secretary, is joining Fox News
Kayleigh McEnany, the last White House press secretary under the Trump administration, is joining Fox News as an on-air contributor. “It is my…
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Volvo to go fully electric by 2030
By the end of the decade, the only Volvo you’ll be able to purchase will be electric. And you’ll only be able to buy it online. The…
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Target saw more sales growth in 2020 than the last 11 years combined. Here’s why
The pandemic drove Target to a record year of sales growth, as shoppers stocked up at its stores and bought online. Target’s 2020 sales…
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Reporters Without Borders files criminal complaint against Saudi crown prince
Reporters Without Borders has filed a criminal complaint in Germany accusing Crown Prince Mohammed bin Salman and other Saudi officials of committing…
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Amazon quietly changed its app icon after some unfavorable comparisons
Amazon has quietly changed the design of its new app icon, replacing the blue ribbon on top that drew some unfavorable comparisons. Users of the…
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Wired names Gideon Lichfield of MIT Tech Review as top editor
Wired, the preeminent tech magazine, has its new leader: Gideon Lichfield of MIT Technology Review is coming on as its global editorial director.…
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Two of the most powerful economic voices in America disagree on a tax for the uber-rich
Democratic Senator Elizabeth Warren faces an uphill battle persuading Washington to back her tax on ultra-millionaires — starting with convincing…
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Target reports a record year for sales
The pandemic drove Target to a record year of sales growth, as shoppers stocked up at its stores and bought online. Target’s 2020 sales…
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John Kerry has a warning for Big Oil
John Kerry had some tough talk for the leaders of Big Oil. The message: embrace clean energy or get left behind. “You don’t want to be…
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Instacart doubles its valuation for the second time since pandemic began
For the second time since the the pandemic began, Instacart has doubled its valuation as a privately-held startup. The on-demand grocery delivery…
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Man accused of west El Paso business vandalism arrested
UPDATE, March 2: El Paso police tweeted Tuesday morning that the man accused of vandalizing nearly half a dozen west El Paso businesses last week has…
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