Walgreens taps Starbucks executive Rosalind Brewer to be its CEO
Rosalind Brewer will be the next CEO of Walgreens — making her the only Black woman currently slated to take the helm of a Fortune 500 company.…
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Tech earnings could supercharge a greedy stock market
Earnings from some of the biggest US technology companies could push the market to new highs as talk of a stock bubble continues to ripple through…
Continue ReadingNo, Joe Biden still isn’t banning fracking
President Joe Biden is cracking down on the oil-and-gas industry, but he is not taking the extreme steps the Trump campaign claimed he would last…
Continue ReadingEU vaccine delivery dates weren’t guaranteed, says AstraZeneca CEO
AstraZeneca is pushing back strongly against criticism from EU officials over delayed deliveries of its Covid-19 vaccine. In an interview with…
Continue ReadingWalmart’s latest strategy to get your stuff to you faster
Walmart plans to build automated mini-warehouses in dozens of its stores to speed up customers’ online delivery and curbside pickup orders in a…
Continue ReadingGoldman Sachs slashes CEO pay by $10 million over massive scandal
Goldman Sachs cut chief executive David Solomon’s annual compensation by $10 million, or 36%, following a penalty deduction that resulted from…
Continue ReadingPepsi bets on plant-based snacks with Beyond Meat
Beyond Meat and PepsiCo are combining forces to develop and distribute snacks and drinks made with plant-based protein as the plant-based trend gains…
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Biden to announce purchase of 200M vaccine doses and plans to bump up distribution to states
President Joe Biden will announce a series of measures on Tuesday aimed at ramping up coronavirus vaccine allocation and distribution, including…
Continue ReadingPepsi and Beyond Meat are teaming up on plant-based snacks
Beyond Meat and PepsiCo are combining forces to develop and distribute snacks and drinks made with plant-based protein as the plant-based trend gains…
Continue ReadingCBS suspends two top execs after LA Times report alleging racism and misogyny
CBS has suspended two of its top TV executives following a Los Angeles Times investigation that alleged they cultivated a toxic work culture…
Continue ReadingAirbnb was ensnared in the Capitol Riot fallout. It somehow still came out on top
Brian Chesky had some air mattresses, but not much more, in 2008 when the presidential election triggered an idea for his then-fledgling startup,…
Continue ReadingGoya board silences its CEO after he tells Fox News the election was rigged
Goya’s board of directors had enough of CEO Robert Unanue’s public comments in support of former President Donald Trump and his unfounded…
Continue ReadingThe stock market is at peak dumb: Etsy soars because Elon Musk tweets about it
Tesla CEO Elon Musk is the richest person on the planet, but he’s apparently still happy to shop on handmade craft site Etsy. And in a sign of…
Continue ReadingMyPillow CEO Mike Lindell has been banned from Twitter
Mike Lindell, the CEO of MyPillow, was banned from Twitter Monday night, according to a Twitter spokesperson. Twitter made its decision based on a…
Continue ReadingMartha Stewart launches line of CBD-infused dog treats
Martha Stewart wants to help pet owners turn dog days into dog daze. The lifestyle guru is bringing a new line of CBD dog treats to the market.…
Continue ReadingPizza buffet chain Cici’s files for bankruptcy
Cici’s, a restaurant chain best known for its pizza buffets, has filed for bankruptcy. In a court filing late Monday, Cici’s blamed its…
Continue ReadingEurope threatens to restrict vaccine exports after AstraZeneca and Pfizer hit production problems
The European Union is calling out vaccine makers AstraZeneca and Pfizer over delivery delays that could slow its recovery from the pandemic.…
Continue ReadingStelter: Fox News is more anti-Democrat than pro-Trump
If you thought Fox News would dial down the highly charged rhetoric after Donald Trump left office, you’d be mistaken. It is not slowing down…
Continue ReadingThe GameStop saga is captivating Wall Street — for good reason
The meteoric rise in GameStop’s stock, as traders congregating on Reddit and Discord take on short sellers and hedge funds, is hard to look…
Continue ReadingWashington Post editor Marty Baron announces his retirement
Marty Baron, the editor who transformed the Washington Post into an international powerhouse and led the news organization to win 10 Pulitzer Prizes,…
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