Chinese ride-hailing giant Didi files for US IPO
Didi, China’s giant ride-hailing company, filed paperwork for an initial public offering in the United States with the Securities and Exchange…
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The Americans locked up in Myanmar’s notorious Insein prison
It was supposed to be an exciting trip home to surprise his parents in the United States, his family said. But on May 24, before he boarded the plane…
Continue ReadingCritics assess the end of ‘Keeping Up With the Kardashians’ as the family moves from cable to streaming
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Thursday night was…
Continue ReadingJeffrey Toobin is back at CNN eight months after exposing himself on Zoom
Jeffrey Toobin returned to CNN as the network’s chief legal analyst on Thursday, eight months after he exposed himself during a Zoom call with…
Continue ReadingThis online marketplace wants New Yorkers to ditch Amazon and shop local
New York’s local businesses were hit hard by the pandemic, so one Israeli immigrant, now a Brooklyn resident, created an online marketplace to…
Continue ReadingPrices are surging. Here’s what is getting more expensive
By now, you probably know that everything is getting more expensive. From furniture, to used cars, to uncooked beef roasts, consumer prices have…
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How AMC and GameStop became Reddit faves
You’ve probably heard of the FAANG stocks: Facebook, Amazon, Apple, Netflix and Google owner Alphabet. But it’s the BANG stocks of Reddit…
Continue ReadingEx-employees accuse BrewDog of creating a ‘culture of fear’
BrewDog, one of the biggest UK craft beer producers, has apologized after dozens of former employees accused the company of fostering a…
Continue ReadingGoldman Sachs orders employees to report vaccination status
Goldman Sachs is requiring its US employees to divulge to the company whether they’ve been vaccinated. The Wall Street bank told workers in a…
Continue ReadingKey inflation measure rises at fastest pace since 1992
Consumer prices roared higher last month, rising at their fastest pace in decades. Inflation rose 5% in the 12-months ending in May, the Bureau of…
Continue ReadingKey inflation measure hits highest level since 1992
Consumer prices roared higher in May, rising at their fastest pace in decades. Inflation rose 5% in the 12-months ending in May, the Bureau of Labor…
Continue ReadingCEOs urge world leaders to take bolder climate action
More than 70 CEOs from some of the world’s biggest companies have urged governments to do much more to tackle climate change, including forcing…
Continue ReadingConsumer prices keep on rising. Where does it end?
From lumber and steel to paint and burrito bowls at Chipotle, prices are rising almost everywhere you look. That’s putting investors on high…
Continue ReadingBitcoin jumps after El Salvador says it’ll start accepting it as legal tender
Bitcoin’s value shot up after El Salvador became the world’s first country to accept it as legal tender. As of 3:30 a.m. ET on Thursday,…
Continue ReadingInvestors holding $41 trillion demand action on climate — now
Investors managing more than $41 trillion in assets are loudly calling on world leaders to immediately step up their climate game if they don’t…
Continue ReadingThese new Barbies are made from ocean-bound plastic
Mattel is launching a new line of Barbies made from plastic that would otherwise become ocean waste. The “Barbie Loves the Ocean”…
Continue ReadingJBS says it paid $11 million ransom after cyberattack
The meat supplier JBS USA paid an $11 million ransom in response to a cyberattack that led to the shutdown of its entire US beef processing operation…
Continue ReadingBoeing wants to delay delivery of new Air Force One jets by a year
Boeing is seeking a one-year delay in its deadline to deliver two new 747 jets to be used as Air Force One. And that would mean added costs for…
Continue ReadingCampbell Soup is getting squeezed by higher costs
Campbell Soup is raising the prices it charges stores for its products in response to rising supply chain costs. The maker of namesake soup brands…
Continue ReadingExclusive: US businesses warn crumbling infrastructure is hurting the economy
As infrastructure negotiations between the White House and a GOP Senate group broke down this week, business executives are warning that aging…
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