Pound heading for a crash if Britain fails to get a Brexit trade deal
The British pound could plunge by 10% or more if the United Kingdom does not finalize a trade deal with the European Union this weekend. Currency…
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Disney+ announcements are an ‘earth-shaking’ development in the streaming wars
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. In the first ten days…
Continue Reading The antitrust case against Facebook: Here’s what you need to know
The US government just opened another big new front on the techlash. Facebook was hit with twin lawsuits by the Federal Trade Commission and…
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The US is a step closer to a Covid-19 vaccine authorization. But that’s unlikely to impact the dark and deadly days ahead
Thursday saw a major milestone in the authorization process for a Covid-19 vaccine in the US — a milestone that comes as the country is deep…
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EU leaders seal deal to cut the bloc’s net emissions by at least 55% by the end of the decade compared with 1990 levels
BRUSSELS (AP) — European Union leaders have reached a hard-fought deal to cut the bloc’s greenhouse gas emissions by at least 55% by the end of…
Continue Reading Obi-Wan, She-Hulk and a new Pinocchio: Disney+ is about to get a lot bigger, and more expensive
Last year, Disney debuted Disney+ at an investor event on its famed studio lot. The new streaming service was rolled out by high profile executives…
Continue Reading The Wan Chai connection: The Washington-accused drug lords, gun runners and dictators’ financiers tied to one Hong Kong district
The Hong Kong neighborhood of Wan Chai may be home to the most eclectic and densest concentration of US-sanctioned enterprises anywhere on the…
Continue Reading Fox News largely ignores record single-day coronavirus death toll
Fox News largely ignored the grim news that the United States posted a single-day record on Wednesday for coronavirus-related deaths, a stark…
Continue Reading Space X’s Mars prototype rocket exploded yesterday. Here’s what happened on the flight
SpaceX’s massive steel rocket prototype, an early iteration of the technology CEO Elon Musk hopes will be used to put humans on Mars, soared…
Continue Reading Even stocking stuffers will look different for a Covid Christmas
The pervasive reach of the pandemic hasn’t even spared the holiday tradition of the Christmas stocking. A host of stores like Gap, Nordstrom,…
Continue Reading Analysis: No profits? No problem for red hot tech IPOs
Remember “irrational exuberance,” the phrase coined by former Federal Reserve chairman Alan Greenspan to describe soaring stocks in the…
Continue Reading How Cholula plans to get more Americans hooked on its hot sauce
For the $800 million it’s spending to buy it, Cholula’s new owner needs it to punch above its weight. Right now the hot sauce, which is…
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Ben & Jerry’s creates Colin Kaepernick-inspired ice cream flavor
Sidelined NFL quarterback Colin Kaepernick is getting his own ice cream flavor courtesy of Ben & Jerry’s. The progressive ice cream brand…
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Treasury Department says US budget deficit ran 25.1% higher in first 2 months of budget year as Covid spending soared
WASHINGTON (AP) — The U.S. government’s deficit in the first two months of the budget year ran 25.1% higher than the same period a year ago, as…
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Airbnb value tops $100 billion in Wall Street debut
In the first half of this year, with its business decimated by the pandemic, Airbnb cut a quarter of its workforce and reportedly slashed its…
Continue Reading UK Prime Minister Boris Johnson says there is a ‘strong possibility’ Brexit trade talks will end in failure
BRUSSELS (AP) — British Prime Minister Boris Johnson says there is a “strong possibility” that talks on a post-Brexit trade agreement with the…
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Airbnb makes its Wall Street debut
In the first half of this year, with its business decimated by the pandemic, Airbnb cut a quarter of its workforce and reportedly slashed its…
Continue Reading EU announces deal on its 1.8 trillion-euro budget and pandemic recovery package overcoming Hungary, Poland objections
BRUSSELS (AP) — EU Council President Charles Michel says European Union leaders have sealed an agreement on a massive long-term budget and…
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Worldwide distribution of Covid-19 vaccines is crucial for the economy, Melinda Gates says
As coronavirus vaccines begin rolling out — a crucial step in ending the pandemic that has killed more than 1.5 million people and caused economic…
Continue Reading Worldwide distribution of Covid-19 vaccines is crucial for the economy, Melinda Gates says
As coronavirus vaccines begin rolling out — a crucial step in ending the pandemic that has killed more than 1.5 million people and caused economic…
Continue Reading ECB unleashes $600 billion in new stimulus to prop up Europe’s economy
The European Central Bank is expanding its huge money-printing program by hundreds of billions of euros, an attempt to prop up the economy as another…
Continue Reading Georgia becomes ground zero for election misinformation ahead of Senate runoff
Georgia, currently the center of the American political universe, is so awash with misinformation that some supporters of President Donald Trump here…
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Georgia becomes ground zero for election misinformation ahead of Senate runoff
Georgia, currently the center of the American political universe, is so awash with misinformation that some supporters of President Donald Trump here…
Continue Reading GE misled investors before its stock imploded, SEC says
General Electric misled shareholders about the deterioration of its insurance and power businesses in the years before its stock price imploded,…
Continue Reading US unemployment claims hit their highest level since mid-September
America’s job market recovery has hit a bump in the road. Another 853,000 Americans filed for first-time unemployment benefits last week on a…
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US unemployment claims hit their highest level since mid-September
America’s job market recovery has hit a bump in the road. Another 853,000 Americans filed for first-time unemployment benefits last week on a…
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The highly anticipated video game starring Keanu Reeves is finally here
The most anticipated game of 2020 is finally here. Cyberpunk 2077, a role-playing game set in a dystopian future and based on a pen-and-paper title…
Continue Reading The highly anticipated video game starring Keanu Reeves is finally here
The most anticipated game of 2020 is finally here. Cyberpunk 2077, a role-playing game set in a dystopian future and based on a pen-and-paper title…
Continue Reading McDonald’s is giving away free food during the holidays
McDonald’s is feeling more like Santa and less like the Grinch with its new meal deal. Beginning Monday through December 24, the chain is…
Continue Reading Sony snaps up Crunchyroll, AT&T’s anime streaming service
Anime fans are about to get more of their favorite shows from one place. AT&T announced Wednesday that it had agreed to sell Crunchyroll for…
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