Myanmar blocks Twitter and Instagram
Myanmar further expanded its internet crackdown, ordering a block of Twitter and Instagram days after the country’s military seized power in a…
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Stocks rise again even as jobs report shows slow recovery
The first jobs report of the Joe Biden presidency was less than OK — but Wall Street cheered anyway. Stocks rose Friday, extending all-time…
Continue Reading A Black woman will be the world’s top trade official for the first time
The path has been cleared for Nigeria’s Ngozi Okonjo-Iweala to become the first woman and the first African to lead the World Trade…
Continue Reading Amazon loses attempt to delay milestone union vote at Alabama warehouse
Thousands of Amazon warehouse workers at an Alabama facility will be able to cast their votes on whether to unionize by mail-in ballots beginning…
Continue Reading Luckin Coffee files for bankruptcy in the US
Luckin Coffee, once hailed as China’s homegrown rival to Starbucks, has filed for bankruptcy in the United States less than a year after the…
Continue Reading Employees working from home are putting in longer hours than before the pandemic
Enjoying more free time while working from home? Maybe not. New research conducted during the pandemic shows that home-working employees in the…
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Biden emphasizes ‘urgency’ of Covid relief after sluggish jobs report
WASHINGTON, DC — President Biden delivered remarks on the economy Friday after the first jobs report during his presidency was released earlier in…
Continue Reading He spent years advocating for construction workers. Now he could shake up the gig economy
Marty Walsh may not seem like the person to overhaul the gig economy. He spent years advocating for construction workers and less time on the…
Continue Reading ‘Stop f—ing selling!!!’ WallStreetBets Redditors go ballistic over GameStop’s sinking share price
Reddit favorite GameStop isn’t looking so hot this week and some of the stock’s biggest backers are freaking out. After selling off…
Continue Reading Peloton is spending $100 million to reduce delivery delays
Peloton’s rapid ascent to becoming a must-have home fitness accessory has caused major delivery delays that are angering new customers. The…
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GM, Ford and other carmakers can’t get enough chips. It’s a huge problem
A semiconductor shortage is battering the global auto industry at a crucial moment, and the pressure shows no sign of easing soon. What’s…
Continue Reading Here’s what it’ll be like to call a Super Bowl during a pandemic
Jim Nantz has called many Super Bowls (six, to be exact), but none can compare to this Sunday’s big game. For starters, Super Bowl LV will mark…
Continue Reading US economy adds 49,000 jobs in January — a grim sign for the jobs recovery
America’s jobs recovery has lost steam: Even though 49,000 jobs were added in January, the nation is still down nearly 10 million jobs since…
Continue Reading Kuaishou stock soars 160% in world’s biggest IPO since 2019
Kuaishou’s stock skyrocketed in value Friday as the TikTok-like video app scored the world’s biggest IPO since the coronavirus pandemic…
Continue Reading Stocks pop despite jobs report showing slow recovery
The first jobs report of the Joe Biden presidency was less than okay — but Wall Street cheered anyway. Stocks rose Friday morning, extending…
Continue Reading Instagram is realizing it’s not so easy to knock off TikTok
It took less than six months for Instagram’s Snapchat clone to catch up to its rival’s audience size and be credited with stunting…
Continue Reading Robinhood is airing a Super Bowl ad amid its GameStop fiasco
Robinhood, the stock trading app that helped fuel GameStop mania and ended up in a PR crisis, is running a Super Bowl ad. The 30-second spot, which…
Continue Reading A week later, Robinhood removes trading restrictions on GameStop and AMC
Robinhood lifted trading limits on GameStop, AMC and other Reddit favorites Friday, easing restrictions that engulfed the free trading app in…
Continue Reading The unemployment rate hasn’t budged in months as America’s jobs crisis drags on
The jobs recovery has hit a roadblock: The US jobless rate hasn’t improved since the fall and economists don’t have high hopes that this…
Continue Reading ‘There is real teeth to this’: Legal experts weigh in on Smartmatic’s $2.7 billion lawsuit against Fox News
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “This is the…
Continue Reading Japan’s Kirin ditches Myanmar beer partner because of its ties to the military
Japanese companies bet on Myanmar years ago as the Southeast Asian country emerged from decades of military rule. But this week’s coup has…
Continue Reading UK pulls license of Chinese state-owned broadcaster CGTN
UK regulators have pulled the broadcasting license for China Global Television Network, or CGTN. Media regulator Ofcom said Thursday that it had…
Continue Reading Vale will pay nearly $7 billion over Brazilian dam collapse that killed 270 people
Vale has agreed to pay nearly $7 billion in compensation after a dam collapsed at one of its mines in Brazil two years ago, killing 270 people and…
Continue Reading ‘There is real teeth to this’; Legal experts way in on Smartmatic’s $2.7 billion lawsuit against Fox News
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “This is the…
Continue Reading Kuaishou stock pops 160% in Hong Kong IPO
Kuaishou’s stock more than doubled in value Friday as the TikTok-like video app scored the world’s biggest IPO since the coronavirus…
Continue Reading McKinsey to pay nearly $600 million in settlements over its work with opioid companies
McKinsey & Company, one of the world’s largest consulting firms, will pay nearly $600 million in multiple settlements over its work…
Continue Reading Super Bowl LV will be a bonanza for gambling companies
The Kansas City Chiefs or Tampa Bay Buccaneers? We don’t know who will win Super Bowl LV. But the big sports betting and fantasy firms are…
Continue Reading Ford posts strong results, promises big bet on electric and self-driving cars
Ford reported surprisingly good financial results at the end of a tough year, and said it was increasing its commitment to vehicles of the future…
Continue Reading Two Google employees quit over AI researcher Timnit Gebru’s exit
Two Google engineers have resigned from the tech giant, citing the departure late last year of prominent Black artificial intelligence researcher…
Continue Reading I was a member of a cult. Here’s how to bring QAnon believers back to reality
One of the indelible images from the January 6 invasion of the US Capitol is of Jacob Chansley dressed in horns, a bearskin headdress, red, white and…
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