HSBC is selling most of its US retail banking business
HSBC is winding down much of its US business to turn its attention to richer clients. The British bank announced Wednesday that it was closing most…
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‘Shortcuts’ to boost female enrollment in economics degrees may backfire, OSU study warns
Current best practices for encouraging more female students to pursue degrees in economics may actually have the opposite effect and worsen gender…
Continue ReadingJuan Williams, lone liberal on Fox’s ‘The Five,’ exits show
“The Five,” one of the most popular shows on Fox News, is losing its liberal co-host — and Fox fans seem thrilled. Juan Williams, the…
Continue ReadingEric Carle, author and artist behind ‘The Very Hungry Caterpillar,’ dies at 91
Eric Carle, the author and artist of “The Very Hungry Caterpillar” and dozens of other popular children’s book, has died at 91. On…
Continue ReadingGap is launching a home line through Walmart
Gap and Walmart have teamed up to launch Gap Home, a Gap-branded home decor, bedding, tabletop and bath collection set to debut next month. The…
Continue ReadingActivist investor ousts at least two Exxon directors in historic win for pro-climate campaign
A hedge fund that’s criticized ExxonMobil’s climate strategy won enough shareholder support to oust at least two directors from the oil…
Continue ReadingThe housing market is in a ‘little bit of a bubble,’ Jamie Dimon says
Jamie Dimon acknowledged the housing boom may be getting out of hand, but the JPMorgan Chase CEO isn’t worried about a repeat of the Great…
Continue ReadingActivist investor ousts two Exxon directors in historic win for pro-climate campaign
A hedge fund that’s criticized ExxonMobil’s climate strategy won enough shareholder support to oust two directors from the oil…
Continue ReadingFord expects 40% of global sales to be electric vehicles by 2030
Ford is doubling down on electric vehicle development, announcing Wednesday it will invest $30 billion in electrification efforts by 2025. The…
Continue ReadingWhy Amazon just spent more than $8 billion on MGM
MGM, a classic Hollywood brand synonymous with “The Wizard of Oz” and Leo the roaring lion, was purchased for $8.45 billion on Wednesday…
Continue ReadingWalgreens and CVS shares sink on report that Amazon is mulling physical drug stores
Shares of Walgreens, CVS and Rite Aid dropped Wednesday following a report that Amazon is considering opening brick-and-mortar pharmacies in the…
Continue ReadingMcDonald’s BTS deal is here, and it’s more than we expected
Fans eager for the “BTS Meal” at McDonald’s will be excited to hear that collaboration goes beyond nuggets. McDonald’s is…
Continue ReadingShe made her career working in restaurants. Then the pandemic happened
After about four years at The Sports Bar, a neighborhood restaurant in Ann Arbor, Michigan, Mandi Steed put in her two weeks notice this past spring.…
Continue ReadingFord plans $30 billion electric vehicle investment by 2025
Ford is doubling down on electric vehicle development, announcing Wednesday it will invest $30 billion in electrification efforts by 2025. The…
Continue ReadingAs masks fall out of fashion, Etsy sellers ask themselves, ‘now what?’
A recent easing of mask-wearing guidelines from the US government was a welcome change for many Americans. That wasn’t entirely the case for…
Continue ReadingThis Japanese newspaper is sponsoring the Olympics. Its editors want the event canceled
A leading newspaper in Japan that is sponsoring the Olympic Games in July has published an editorial calling for the event to be canceled as the…
Continue ReadingExxon is facing a climate rebellion it may be unable to put down
ExxonMobil’s response to the climate crisis could very well be decided on Wednesday. For the first time in modern history, America’s…
Continue ReadingBig Oil’s day of reckoning on the climate is here
The future of Big Oil could look very different following a critical shareholder meeting in the United States and a legal decision in Europe.…
Continue ReadingTesla sets up data center in China amid spying concerns
Tesla says it has set up a new facility in China to store local user data as the company faces heightened scrutiny over whether its cars there could…
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Redmond councilors name ‘If I were Mayor’ student winners, OK $3.45 million FAA airport grant
Redmond city councilors on Tuesday evening approved a $3.45 million COVID-19 relief grant to the Redmond Airport from the Federal Aviation…
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