The media is slashing jobs again as the Trump news cycle fades and the economy struggles
For years, the media industry has been forced to compete with tech platforms for advertising revenue and consumers’ time. Now, in addition to…
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Biden made stimulus look easy. Selling tax hikes for infrastructure will be harder
President Joe Biden’s second big legislative push will be harder than his first for multiple reasons, most conspicuously this one: It will…
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Airbnb and Vrbo are overloaded with reservations
After a year of being cooped up at home during the Covid-19 pandemic, many Americans are taking a cue from 2021 Rock and Roll Hall of Fame induction…
Continue Reading Netflix and Amazon gave daring Indian filmmakers hope. Now that’s turning to fear
Screenwriter and director Ruchi Narain struggled for decades to find steady work in the Indian film industry. Even with two major, critically…
Continue Reading Fried chicken wars go global and free donuts: 5 fast food stories you might have missed this week
The fried chicken sandwich wars are going global, cookie subscriptions are the new Netflix, and, for or better or worse, you can soon get a free…
Continue Reading USA Today editor accuses company of being ‘subservient to white authority’ after she was fired for a tweet
A race and inclusion editor for USA Today’s Sports Media Group wrote in a blog post published Friday that she was fired over an inaccurate…
Continue Reading $300 a day for a Kia Rio. Why rental cars prices have gone insane
Here’s what you need to know if you’re planning on a spring break trip to Orlando next week: Renting a car — if you can find one —…
Continue Reading Dominion Voting Systems files $1.6 billion lawsuit against Fox News for ‘orchestrated defamatory campaign’
Dominion Voting Systems, a voting technology company that was the target of baseless conspiracy theories about the 2020 election, filed a $1.6…
Continue Reading Disney+ just raised prices. Here’s why
Your Disney+ bill is about to go up. The reason? “Obi-Wan Kenobi,” “Lando,” “Ahsoka,” “Loki,”…
Continue Reading Labor board orders Musk to delete a 3-year-old anti-union tweet
Elon Musk’s tweets have once again come under fire from federal regulators. The National Labor Relations Board says that Tesla and its CEO…
Continue Reading They see color: Two new Black ‘Sesame Street’ characters explain racial difference to children
It’s not unusual in American conversations on race for somebody to proclaim, “I don’t see color,” as his or her own personal…
Continue Reading China slaps duties of up to 218% on Australian wine for 5 years
China is slapping massive duties on wine from Australia for the next five years, a move that threatens to deprive the country’s winemakers of…
Continue Reading WeWork is finally going public through a SPAC
It took a lot longer than expected, but WeWork is finally set to go public through a merger with a special purpose acquisition company — and at a…
Continue Reading China boycotts are a warning to Western brands
Companies including H&M, Nike, Adidas and Burberry have been caught in the middle of a political firestorm in China — spooking investors that…
Continue Reading Milestone Amazon union vote nears end, but the battle may just be beginning
One year to the day after workers first stepped inside a new Amazon warehouse in Bessemer, Alabama, a milestone union vote at the facility is set to…
Continue Reading H&M and Nike are facing a boycott in China over Xinjiang cotton statements
H&M, Nike and other big Western apparel brands are facing a boycott in China because of the stand they’ve taken against the alleged use of…
Continue Reading Global shipping was in chaos even before the Suez blockage. Shortages and higher prices loom
One of the world’s most vital trade arteries has been blocked by a quarter-mile-long container ship, creating a traffic jam that has ensnared…
Continue Reading ‘It’s crazy. There is no inventory.’ Housing industry veteran marvels at real estate boom
Jeffrey Mezger is a 40-year veteran of the real estate industry. He’s never seen a stronger housing market than this one. “It’s…
Continue Reading H&M and Nike are facing a boycott in China
H&M, Nike and other big Western apparel brands are facing a boycott in China because of the stand they’ve taken against the alleged use of…
Continue Reading Fake CPA hit with criminal charges for Covid-19 loan fraud
An Arizona businessman who secured more than $1 million in Covid-19 relief funding and then purchased a Porsche and a new home is now facing federal…
Continue Reading Chinese hackers targeted Uyghurs living in US, Facebook security team finds
Chinese hackers targeted Uyghur activists and journalists living in the United States in an attempt to spy on them, an investigation by security…
Continue Reading Disneyland plans expansion following year of closure
Disneyland — the iconic resort whose gates have been closed for more than a year because of the coronavirus pandemic — isn’t just reopening…
Continue Reading The Fed will lift restrictions on dividends and buybacks for most banks after June 30
The Federal Reserve will end its restrictions on bank dividends and buybacks for most institutions on June 30 as long as they pass the current round…
Continue Reading Here’s the deal with Jack Dorsey’s weird ‘clock’
On Wednesday, the CEOs of Facebook, Google and Twitter appeared (virtually) before a congressional committee to answer hours of pointed questions…
Continue Reading Facebook, Twitter and Google CEOs grilled by Congress on misinformation
The chief executives of Facebook, Google and Twitter faced withering criticism from members of Congress on Thursday about their handling of…
Continue Reading Sackler family members agree to pay $4.2 billion as part of plan to dissolve OxyContin maker Purdue
Purdue Pharma has filed a restructuring plan to dissolve itself and establish a new company dedicated to programs designed to combat the opioid…
Continue Reading Olive Garden is raising its wages. That’s not the full story
The company that owns Olive Garden is raising wages in a bid to attract workers. But the move doesn’t go far enough to satisfy critics of a…
Continue Reading GameStop, AMC and other meme stocks are meming again
Meme stocks were back in business Thursday, as investors bought up shares of GameStop, boosting other Reddit-favorite stocks along with it. GameStop…
Continue Reading These companies are paying their employees to receive the Covid-19 vaccine
As vaccine eligibility expands across the United States, more companies are offering incentives to get a jab. Many US companies are debating whether…
Continue Reading America’s most powerful oil lobby is changing its tune on a carbon tax
The oil industry’s most powerful lobbying group announced Thursday that for the first time it will support setting a price on carbon, a…
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