Bitcoin prices roar back towards $40,000
The bitcoin roller coaster continues. The price of the top cryptocurrency hit an all-time high of nearly $42,000 less than a week ago before quickly…
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Seth Rich conspiracy theorists retract and apologize for false statements as they settle lawsuit
A businessman and a fringe internet activist who each played key roles in the conspiracy theory about Seth Rich, the slain Democratic National…
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Billionaire GOP donor says he feels ‘betrayed’ by Trump and vows to support Biden
Billionaire Republican donor and Home Depot co-founder Ken Langone said he feels “betrayed” by President Donald Trump after the attempt…
Continue ReadingCapitol riot denialism is already here
Law enforcement agencies are rounding up suspected rioters, combing through social media evidence, and uncovering the true depth of the plot to…
Continue ReadingNew rule could make it harder for banks to cut ties with oil and coal companies
Big banks, climate activists and banking reform advocates don’t agree on much, but they joined forces to denounce a proposed Trump…
Continue ReadingBlackRock now has a whopping $8.7 trillion in assets
The record stock market run is great news for BlackRock: The owner of the super popular iShares family of exchange-traded funds reported earnings and…
Continue ReadingChristopher & Banks is going out of business
Christopher & Banks is joining the long list of retailers filing for bankruptcy and disappearing from America’s malls. The womenswear…
Continue ReadingGermany’s recession wasn’t as bad as 2009
Germany’s economy held up better in the pandemic than it did during the global financial crisis, despite a second wave of lockdowns in the…
Continue ReadingDelta turned record profit into a record loss in one year
Delta Air Lines closed the books on the worst year in its history. Thursday, Delta reported a record $6.8 billion loss for 2020, excluding special…
Continue ReadingImpeachment has forced Wall Street onto the sidelines
Stocks rallied to record highs as a mob descended on the US Capitol. But now that President Donald Trump has become the first American president in…
Continue ReadingThe US box office just had a horrible year. 2021 may not be much better
With the coronavirus pandemic shuttering theaters for months on end and major blockbusters delayed into an unforeseeable future, 2020 was one of the…
Continue ReadingXi Jinping wants Starbucks and Howard Schultz to help repair US-China ties
China’s leader has called on Starbucks’ former chairman Howard Schultz to help promote US-China relations, according to Chinese state…
Continue ReadingTaco Bell is bringing back potatoes
Taco Bell knows you’re upset about losing potatoes. It’s sorry it hurt you. And it’s bringing them back. Last year, Taco Bell cut a…
Continue ReadingCostco is shutting down all of its photo centers
Costco is closing its photo centers at all of its roughly 800 stores next month, ending a number of services that have a decidedly retro vibe. Four…
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Huge step in the wrong direction: Unemployment claims soar
The American jobs crisis is escalating again. States have ratcheted up their virus-prevention measures to combat rising infection rates, and the job…
Continue ReadingChobani reinvented yogurt. Its next target is coffee
When Chobani started selling Greek yogurt in 2007, it upended the market. Now, it wants to do the same for iced coffee. This week, Chobani is…
Continue ReadingTaco Bell’s potatoes are coming back
Taco Bell knows you’re upset about losing potatoes. It’s sorry it hurt you. And it’s bringing them back. Last year, Taco Bell cut a…
Continue ReadingNew rule could force banks to lend to oil companies
Big banks, climate activists and banking reform advocates don’t agree on much, but they have joined forces to denounce a proposed Trump…
Continue ReadingCircle K’s owner offers $20 billion for France’s biggest retailer
Convenience store operators are having a moment. Canada’s Couche-Tard, the owner of Circle K, said in a statement on Wednesday that it’s…
Continue ReadingChina is winning the trade war and its exports have never been higher
China was already outperforming every other major world economy last year as the coronavirus pandemic upended the globe. It looks like the…
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