Dow tumbles more than 600 points as surging prices rattle the market
US stocks tumbled Tuesday and the Dow sold off more than 600 points around mid-morning, as investors grow increasingly concerned about raw material…
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Victoria’s Secret is becoming a publicly traded company
L Brands has officially given up on seeking a buyer for Victoria’s Secret and is spinning off the struggling underwear brand to become its own…
Continue ReadingSurging prices are spooking the stock market
US stocks tumbled out of the gate Tuesday as investors grow increasingly concerned about raw material price spikes, shortages and inflation. Prices…
Continue ReadingNBC will not air the next Golden Globes after diversity controversy
The Golden Globes will not be airing on NBC next year, temporarily ending a decades-long relationship between the network and the Hollywood Foreign…
Continue ReadingSome big risks to investors have been hiding in plain sight
What do stretched supply chains, rising prices and the ransomware attack on the Colonial Pipeline have in common? They all stem from risks that…
Continue ReadingChina has recorded its slowest population growth in decades, new census reveals
China’s population grew at its slowest rate in decades in the 10 years prior to 2020, according to census data released on Tuesday — a trend…
Continue ReadingIndia’s Covid-19 catastrophe could make global shortages even worse
A terrifying and record-breaking wave of Covid-19 in India threatens to stall the country’s economic recovery and send shockwaves through…
Continue ReadingCrocs is once again donating its shoes to healthcare workers
Crocs is once again stepping up to help healthcare workers during the pandemic. The shoe manufacturer announced that this week, healthcare workers…
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US pipeline cyberattack is a ‘wake up call’ for America
Neil Chatterjee, a top federal energy regulator, is calling on energy CEOs to step up their cyber defenses following a ransomware attack that knocked…
Continue ReadingSorry, dogecoin. Ethereum just shot past $4,000 to a new record
Dogecoin may have started as (and may still be) a joke. But serious cryptocurrency investors who’ve bet on ethereum are laughing all the way to…
Continue ReadingJeff Bezos’ superyacht is so big it needs its own yacht
Today in ultra-billionaire news, Amazon founder Jeff Bezos has purchased a modest 100-foot schooner as he looks forward to a quieter life and hours…
Continue Reading‘This is a real wake up call.’ Regulator urges CEOs to intensify cyber defenses after pipeline hack
Neil Chatterjee, a top federal energy regulator, is calling on energy CEOs to step up their cyber defenses following a ransomware attack that knocked…
Continue ReadingTeen Vogue has a new editor in chief, again: NowThis’ Versha Sharma named to role
Teen Vogue has appointed its second new editor in chief this year. Versha Sharma, managing editor of NowThis, is taking the helm of the Condé Nast…
Continue ReadingBill and Melinda Gates have been working on their divorce since 2019, WSJ reports
Bill and Melinda Gates have been in the process of getting divorced for two years, according to The Wall Street Journal. On Sunday, the Journal…
Continue ReadingVimeo is ready to be the next big Barry Diller spinoff
Expedia, LendingTree, Ticketmaster and Tinder owner Match were all once part of IAC, the sprawling media and e-commerce conglomerate controlled by…
Continue ReadingMore than 1 million Honda Accords may have a steering problem. The US is investigating
Federal safety regulators are investigating reports that more than 1 million Honda Accords have a steering problem that can a cause a car to veer out…
Continue ReadingWendy’s is bringing its square burgers back to Britain after 20 years
Wendy’s is returning to the United Kingdom following a two-decade hiatus, judging now the right time to take advantage of Britons’…
Continue ReadingUS pipeline shutdown sparks worries of $3 gas
A cyberattack forced the largest US fuel pipeline to shut down Friday, and analysts are worried the disruption could result in a spike in gas prices.…
Continue ReadingLow pay and ‘toxic’ workplaces are driving workers away from restaurants
On a typical week in pre-pandemic times, about 15 people would walk into one of Patrick Whalen’s casual elegant restaurants seeking a job in…
Continue ReadingUnilever is tempting vaccine skeptics with free ice cream
Add ice cream to the growing list of free food being offered to those that get vaccinated against Covid-19. Unilever is giving away free popsicles…
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