The head of Yale’s massive endowment fund has died
David Swensen, the long-time chief investment officer at Yale University and a legend in the world of college endowments, died Wednesday at the age…
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Credit union shares how to reevaluate investment strategies during, after pandemic
More than a year after the pandemic sent the world into lockdown, workers and retirees remain concerned about the long-term impact of economic shifts…
Continue ReadingApplebee’s shorter menu is here to stay. Here’s what got cut
Last year, when Applebee’s sales took a hit in the pandemic, the chain slimmed down its menu. Now its sales are recovering, but…
Continue ReadingJen Psaki says she talked with the Biden transition team about a roughly one-year term
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. In a pair of new…
Continue ReadingUber is losing less money. But it still faces one big risk
The pandemic has been a tough time to be in the business of shuttling people from Point A to Point B. For months, government rules and fears about…
Continue ReadingDollar stores make up almost half of all new stores opening this year
Three dollar store chains will make up almost half of all the new stores opening up in the United States this year, a reflection of the dollar store…
Continue ReadingOne of the world’s top restaurants is ditching meat. Here’s what could go wrong
Earlier this week, Eleven Madison Park’s chef and owner Daniel Humm made an unexpected announcement: When the famed New York City restaurant…
Continue ReadingWe’re recovering from ‘the Game of Thrones period of our history:’ Jen Psaki talks about the transition and her role
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. In a pair of new…
Continue ReadingRio Tinto shareholders rebel over destruction of sacred Indigenous caves
Rio Tinto shareholders have rebelled over payouts to former CEO Jean-Sébastien Jacques and other executives who quit last year after the company…
Continue ReadingTucker Carlson’s Fox News colleagues call out his dangerous anti-vaccination rhetoric
Some of Tucker Carlson’s colleagues at Fox News are objecting to his reckless anti-vaccination rhetoric. They are speaking out in small ways on…
Continue ReadingNew homes cost $36,000 more because of an epic shortage of lumber
As the pandemic crushed the US economy last spring, sawmills shut down lumber production to brace for a housing slump. The slump never arrived and…
Continue ReadingGary Vaynerchuk: NFT is the next Amazon
Serial entrepreneur Gary Vaynerchuk is selling a new use case for NFT: “Smart event” tokens that have real value rather than digital art.…
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Florida pair fly Redmond-made plane coast to coast, non-stop
Leave it to RDD, manufacturers of the innovative LX7 personal aircraft, to make a virtually impossible feat like flying from coast to coast non-stop…
Continue ReadingNew York Daily News makes a plea for local ownership as hedge fund takeover looms
The latest plea for a break-up of Tribune Publishing’s newspapers is coming from inside the pages of a Tribune publication. In…
Continue ReadingAs subscriber growth slows, The New York Times reveals 100 million registered users
The New York Times has a new statistic about its reach: The site has more than 100 million registered users. The number of users implies that at…
Continue ReadingAldi and other big grocers threaten to boycott Brazil over deforestation in the Amazon
Some of Europe’s biggest supermarkets and food companies have threatened to stop buying agricultural products from Brazil if a bill they say…
Continue ReadingGM earnings jump even as sales sink during the global chip shortage
General Motors posted strong first-quarter earnings and said it’s on track to hit the high end of its full-year profit target despite the…
Continue ReadingETFs are the latest market mania Wall Street can’t avoid
With stocks enjoying a strong start to 2021, investors are continuing to plow more money into exchange-traded funds — especially ones that are…
Continue ReadingPeloton recalls all treadmills after a child’s death and 70 injuries
Peloton recalled its Tread+ and Tread treadmills Wednesday, and the company admitted it was wrong to fight the Consumer Product Safety…
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Businesses challenge COVID restrictions in suit against Gov. Brown
A group of businesses has filed a lawsuit against Oregon Gov. Kate Brown over her recent extension of Oregon’s state of emergency because of the…
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