The spotlight is on 3 people at a delicate moment for markets
Investors are starting to push away anxiety about a spike in prices later this year. But continued calm may hinge on what three people have to say in…
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These 5 charts show the pandemic’s brutal impact on American workers
A year ago, the Covid-19 pandemic prompted a swift, sweeping lockdown on the United States. It left more than half a million Americans dead and…
Continue Reading Coupang, the Amazon of South Korea, raises $4.6 billion in US IPO
Coupang, South Korea’s biggest e-commerce company, has pulled off the largest US initial public offering so far this year. The SoftBank-backed…
Continue Reading Warren Buffett is now worth $100 billion
Warren Buffett has just joined the world’s most exclusive club of the mega rich. The legendary American investor was worth $100 billion on…
Continue Reading Kroger will close 3 grocery stores following Los Angeles hazard pay mandate
Kroger announced it will close three Los Angeles grocery stores in May amid concerns about the city’s new hazard pay mandate, which requires…
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The 737 Max crisis costs continues to climb two years after the second fatal crash
Wednesday marked a grim anniversary for Boeing and hundreds of families worldwide — two years since the fatal crash of a 737 Max flown by…
Continue Reading Taco Bell is bringing back a fan favorite after a five-year hiatus
Cheese connoisseurs, it’s time to celebrate: Taco Bell is bringing back the Quesalupa after a five-year hiatus. The Quesalupa quickly became a…
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Fox News looks the other way as Biden’s $1.9 trillion relief bill is passed
Right-wing cable channel Fox News largely ignored the passage of President Joe Biden’s enormous $1.9 trillion coronavirus relief bill on…
Continue Reading Roblox goes public and is instantly worth more than $45 billion
Investors weren’t making the trademark “oof” Roblox death sound Wednesday. Shares of the popular video game platform debuted on…
Continue Reading Meghan complained to ITV about Piers Morgan’s comments
Meghan, Duchess of Sussex, made a formal complaint to British broadcaster ITV relating to Piers Morgan’s comments about her mental health, CNN…
Continue Reading Iowa reporter acquitted on all charges after arrest during Black Lives Matter protest
A Des Moines Register reporter whose trial was the subject of outrage among press freedom advocates was acquitted Wednesday on all charges stemming…
Continue Reading Roblox goes public and is instantly worth more than $40 billion
Investors weren’t making the trademark “oof” Roblox death sound Wednesday. Shares of the popular video game platform debuted on…
Continue Reading Don’t invest in a SPAC just because a celeb is involved, SEC warns
Shaquille O’Neal, Colin Kaepernick, Jay-Z and other celebrities are jumping into the SPAC boom. And the SEC is getting worried. “Never…
Continue Reading Elon Musk made $25 billion Tuesday
Elon Musk lost tens of billions of dollars last week. He made nearly all of that back in a single day, Tuesday, following a 20% rally in…
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She came to the US seeking asylum. Now, she’s helping support hundreds of undocumented families
On a bustling Tuesday morning, Xiomy de la Cruz greets volunteers at a local food bank and tasks them with the day’s assignments —…
Continue Reading GE dismantles the business that ended its dominance a decade ago
General Electric is selling off its aircraft leasing business, closing the books on its once mighty GE Capital unit, the financial arm of the company…
Continue Reading Why small grocery stores are (still) out of toilet paper
If you’ve gone into your local independent grocery store recently, chances are you’ll still find a shortage of items like toilet paper,…
Continue Reading Starbucks is launching a new cold brew line in grocery stores
Starbucks wants you to buy more of its coffee at the grocery store. So it’s offering up something more on-trend than the bottled Frappucinos of…
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Our pandemic nightmare is almost over. We should all thank the US government
One year after it began, the Covid-19 pandemic nightmare is nearly over. With millions of Americans getting vaccinated each day and the imminent…
Continue Reading Clorox prepares for a return to normal by selling wipes to businesses
Clorox got a huge boost from worried consumers continually wiping down surfaces at home during the height of the pandemic. But now that more people…
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