Biz/Tech
Europe has a vaccine shortage. So why is it fighting with AstraZeneca?
The European Union has been locked in a very public and acrimonious fight with AstraZeneca over vaccine delays. The temperature may have cooled…
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GameStop continues to surge — now up 2,500% this year
So much for what goes up must come down. GameStop continued to defy gravity Thursday. Shares soared another 30% in premarket trading thanks to…
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Chipotle is testing curbside pickup
Chipotle is testing curbside pickup at 29 locations in California to give customers a way to get their tacos and burritos without having to go inside…
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Toyota overtakes Volkswagen as world’s biggest automaker
Toyota is back on top. The Japanese company has reclaimed its place as the world’s best-selling automaker, with its latest results showing an…
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Steamy period drama ‘Bridgerton’ is Netflix’s ‘biggest series ever’
Netflix has just claimed its biggest hit ever with “Bridgerton,” a drama set in Britain in the early 1800s. Some 82 million households…
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Donald Trump’s final economic report card could be very underwhelming
Economists are grading on a curve. That’s not a good thing if you’re former President Donald Trump. US gross domestic product, the…
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Analysis: After building a radicalization engine, Mark Zuckerberg aims to ‘turn down the temperature’
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Mark Zuckerberg built…
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Elon Musk tweet fuels frenzied GameStop surge
Amateur investors continued a frenzied runup of GameStop for the fourth session in a row, with the stock ending Tuesday up more than 92%, or about…
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How Trumpism explains the GameStop stock surge
At the core of Donald Trump’s angry populist appeal was — and is — this sentiment: The elites think they know better than you. They…
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Everything you need to know about how a Reddit group blew up GameStop’s stock
The GameStop frenzy on Wall Street has investors, and much of the internet, enraptured — not unlike a good horror movie. Everyone knows doom is…
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Relief plan for $600 payout to low-income workers advances in New Mexico Legislature
SANTA FE, New Mexico — An economic relief package is taking shape at the New Mexico Legislature as a state Senate panel has endorsed a $600…
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Tesla disappoints Wall Street despite strong profits
Tesla capped its breakout year with a record profit that still fell short of analysts forecasts, sending its shares lower in after-hours trading. The…
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Facebook plans to reduce political content in the News Feed
Facebook’s business continues to fire on all cylinders even as the company faces growing scrutiny from regulators over its acquisitions and…
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Apple just had a blowout quarter, thanks to iPhone 12 sales
Analysts have talked for at least a year about the potential for Apple’s first 5G iPhone to drive a “supercycle” of device sales.…
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Facebook profit jumped 53% amid growing scrutiny
Facebook’s business continues to fire on all cylinders even as the company faces growing scrutiny from regulators over its acquisitions and…
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Apple posts record quarterly revenue on stronger-than-expected iPhone sales
Analysts have talked for at least a year about the potential for Apple’s first 5G iPhone to drive a “supercycle” of device sales.…
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Biden signs climate orders, including halting new oil leases on federal land
WASHINGTON, DC — In what is the most ambitious U.S. effort ever to stave off the worst effects of climate change, President Joe Biden is aiming to…
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AMC is today’s GameStop. A Reddit mob sent its stock more than 200% higher
Welcome to the Reddit market. A group on Reddit’s Wall Street Bets board have been promoting a number of stocks, hoping to squeeze short…
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Fed dismisses worries about inflation and pledges to keep rates low
The Federal Reserve left interest rates unchanged Wednesday and assured investors that there are no near-term plans to raise them. Interest rates are…
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Fed warns of a slowing recovery, leaves rates unchanged
The Federal Reserve left interest rates unchanged Wednesday and again stressed it would use its “full range of tools” to support the US…
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No, Joe Biden didn’t just ban fracking
President Joe Biden is cracking down on the oil-and-gas industry, but he is not taking the extreme steps the Trump campaign claimed he would last…
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Ben & Jerry’s co-founders want to make it easier to sue cops who abuse their authority
Ben & Jerry’s two co-founders want to make it easier for Americans to sue police officers who abuse their authority, a move that reform…
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How well is Apple’s first 5G iPhone really selling? Investors will find out Wednesday
Analysts have talked for at least a year about the potential for Apple’s first 5G iPhone to drive a “supercycle” of device sales.…
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Facing back-to-back crises, Boeing posts a record loss
Boeing closed the books on its worst year ever, posting record losses and plunging sales on the backs of combined crises: the Covid-19 pandemic and…
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Ben & Jerry’s wants to make it easier to sue cops who abuse their authority
Ben & Jerry’s two co-founders want to make it easier for Americans to sue police officers who abuse their authority, a move that reform…
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Jerome Powell and Janet Yellen aren’t worried about inflation. Maybe they should be
Federal Reserve chair Jerome Powell and his predecessor Janet Yellen, now the first woman to serve as Treasury secretary, are both known for their…
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TikTok is laying off employees in India as ban becomes permanent
TikTok has been forced to lay off some of its workers in India as the country doubles down on what was already a monthslong ban on the app in the…
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Basic car maintenance tips for teens
Take a look at some basic car maintenance tips teens should know in case they run into trouble while…
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EU and AstraZeneca fight over vaccine delays while death toll mounts
A war of words between the European Union and AstraZeneca escalated on Wednesday as the two sides argued in public over coronavirus vaccine delays…
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