Crocs sales are soaring. Even Questlove wore a gold pair to the Oscars
There’s no end in sight for the ongoing love affair between Crocs, the maker of the often-mocked foam clog, and comfort-seeking consumers. On…
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NBA Top Shot customers can’t get their money out. Experts are confounded
NBA Top Shot is the hottest NFT marketplace on the planet. It’s also got a big problem: Customers are complaining about exceptionally long wait…
Continue ReadingRupert Murdoch abandons bid to launch TV news channel in UK
Rupert Murdoch has officially scrapped plans to launch a TV news channel in the United Kingdom. In a note to employees Tuesday, Murdoch’s News…
Continue Reading‘Punched-in-the-gut feeling.’ Gannett under fire for paying some women nearly $30,000 less than male peers
“I remember the punched-in-the-gut feeling I had the moment I learned that a young male reporter with just a few years of experience had nearly…
Continue ReadingWall Street’s losses on Archegos just topped $10 billion
Losses caused by the collapse of US hedge fund Archegos have topped $10 billion. Swiss bank UBS revealed on Tuesday that it lost $774 million from…
Continue Reading‘Don’t use my skin for your diversity’: Labor union blasts newsrooms for underpaying women and people of color
“I remember the punched-in-the-gut feeling I had the moment I learned that a young male reporter with just a few years of experience had nearly…
Continue ReadingBeyond Meat is launching a new meatless burger it says tastes more like real beef
Beyond Meat is replacing its signature plant-based burger with a version designed to taste more like animal beef. The newest recipe, which will…
Continue ReadingTesla needs a perfect year. That won’t be easy
Tesla just posted record quarterly profits, with one measure of earnings passing the $1 billion mark for the first time. But in order to justify its…
Continue ReadingSocial media algorithms to face scrutiny as lawmakers look to curb misinformation
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Usually, when social…
Continue ReadingSocial media algorithms to face scrutiny as lawmakers look to ‘curb the amplification of misinformation’
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Usually, when social…
Continue ReadingA vaccine maker ruined 15 million doses. Its CEO sold $11 million of stock before that was public
Emergent BioSolutions’ stock lost more than half of its value since the disclosure that it ruined as many as 15 million doses of Johnson &…
Continue ReadingFood site Epicurious to stop publishing recipes with beef
Epicurious is changing up its diet to help fight climate change. The online food publication announced Monday that it has “cut out” beef:…
Continue ReadingA beginner’s guide to crypto lingo
Investing in cryptocurrencies requires an appetite for risk and a whole new vocabulary. Here’s a beginner’s guide to the fundamentals of…
Continue ReadingOscars notches its lowest ratings in the show’s history
Hollywood’s biggest night was also its smallest night ever. The 93rd Academy Awards tried to cover for a lost year in film with a boatload of…
Continue ReadingApple is the only company worth $2 trillion. That’s probably about to change
Apple is the only American company to reach a $2 trillion market value. But it could soon have a lot more company in that elite club. Microsoft is…
Continue ReadingApple may soon have company in the $2 trillion market cap club
Apple is the only American company to reach a $2 trillion market value. But it could soon have a lot more company in that elite club. Microsoft is…
Continue ReadingGot vaccinated? Here’s all the free stuff you can get
After surviving a fear-filled year of the Covid-19 pandemic, getting vaccinated is a cause for celebration. As Covid-19 vaccines become more readily…
Continue ReadingBitcoin is back up after a five-day slump
After a five-day losing streak, bitcoin was up about 8% Monday morning to $53,600. Last week, the cryptocurrency tumbled below $50,000 for the first…
Continue ReadingEU sues AstraZeneca after delays in vaccine deliveries
The European Union said Monday it is suing AstraZeneca over an alleged breach of its vaccine supply contract, a dramatic escalation of a months-long…
Continue ReadingDomino’s is bringing back this 1980s mascot
Domino’s Pizza is bringing back the Noid, its popular mascot from the 1980s — with a techy twist. For those who don’t remember the hair…
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