Market mania has fed a SPAC boom. Here’s who is at risk
Exactly one year ago, with the world in the grip of a deadly pandemic, Wall Street put its Covid-19 fears aside. That jumpstarted a wave of market…
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A field of mirrors will soon help power this giant California mine
Heliogen, the Bill Gates-backed clean energy startup, is bringing its field of mirrors to the Mojave Desert. In a bid to bring carbon-free power to…
Continue ReadingGun industry prepares for a surge in demand after back-to-back mass shootings
After mass shootings in Boulder and Atlanta that killed 18 people in the span of a single week, lawmakers are once again calling for stricter gun…
Continue ReadingFed up with FAANG and meme stocks? Here’s a new investing strategy
Stop us if you’ve heard this before. Giant tech stocks are finally due for a prolonged cooling-off period and investors need to start adding…
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C.O. restaurants struggle to hire workers as busy season gears up
The food industry has struggled throughout the pandemic. Now, as restaurants are expanding and reopening, the weather warms and locals and visitors…
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New memory care facility, focused on veterans, coming to La Pine
There’s a large building on Burgess Road in La Pine that may not look like much now. But in a few months, it will become something many in the…
Continue ReadingWork-life balance on Wall Street looks like free Pelotons and Zoom-free Fridays
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.…
Continue ReadingRegal theaters will get to show Warner Bros movies before they stream
Cineworld Group has some big news for movie buffs: Its theaters will get to screen Warner Bros. movies again before they stream, starting next year.…
Continue Reading7-Eleven is opening a taco drive-thru
7-Eleven wants to get in on the growing popularity of fast food drive-thrus. So it’s opening one for its taco restaurant. The convenience store…
Continue ReadingRobinhood files confidentially for IPO despite disastrous start to 2021
Robinhood filed confidentially for an IPO on Monday, a person familiar with the matter told CNN Business, a development that shows the trading…
Continue ReadingAmericans spent the pandemic stocking up on booze. That may be changing
The bender appears to be over for booming booze sales sparked by the pandemic. For the first time in a year, since Covid-19 began spreading across…
Continue ReadingYellen and Powell praise stimulus but warn that more needs to be done
The two most powerful economic authorities in America told lawmakers that although the US economy is on the mend thanks to several rounds of…
Continue ReadingMarvel’s ‘Black Widow’ will debut on Disney+ and theaters at the same time
In its biggest shift to streaming yet, Disney is releasing a film from Marvel on Disney+ at the same time it hits theaters. “Black…
Continue ReadingDavid’s Bridal says weddings are coming back — now with jumpsuits and short hems
Weddings across the country have been postponed or canceled in the pandemic, but couples are now signaling that they won’t have their love…
Continue ReadingAlcohol sales fell for the first time since the pandemic began
The bender appears to be over for booming booze sales sparked by the pandemic. For the first time in a year, since Covid-19 began spreading across…
Continue ReadingCiti launches Zoom-Free Fridays, but there’s a catch
Citigroup is launching “Zoom-Free Fridays” as a way to help the bank’s burned-out employees cope with stress a year into the…
Continue ReadingCalifornia’s senators ask Biden to ban sale of gas-powered cars
California’s two Senators are pushing the Biden Administration to set a date after which automakers would no longer be allowed to sell…
Continue ReadingHere comes $3 gas, just as Americans start traveling again
Travel-starved Americans emerging from lockdown may need to budget for $3-a-gallon gasoline on their next road trip. Prices at the pump are on the…
Continue ReadingNew reasons to think the work-from-home revolution is overblown
One year after the Covid-19 pandemic forced millions of workers to start clocking in from home, many companies are thinking about how to bring their…
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