Trump-supporting billionaire Ken Langone: Republicans betrayed us
Billionaire Republican donor and Home Depot co-founder Ken Langone says he feels “betrayed” by the Republicans who attempted to overturn…
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CES 2021 highlights: see-through TVs, a rollable smartphone and ice cream pods
We’re two days into this year’s virtual Consumer Electronics Show, and we’ve already seen big tech announcements from companies…
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Volkswagen and Audi are starting to challenge Tesla
The world’s largest carmaker is starting to gain ground on Tesla. Volkswagen sold 231,600 battery electric vehicles in 2020, according to…
Continue Reading Dubai real estate developer wants to do more business with Trump
Corporate America may be running away from President Donald Trump but at least one of his international business partners is standing by him. Hussain…
Continue Reading Dollar General will pay its workers to get a Covid-19 vaccine
Dollar General wants its employees to get Covid-19 vaccines, so it’s offering to pay them to do it. The chain said Wednesday that it will give…
Continue Reading The big winners from Tesla stock surge: lithium miners and battery makers
The incredible stock market surge for Tesla isn’t just making Elon Musk and Tesla investors rich. Traders betting on lithium miners and battery…
Continue Reading New York City moves to end contracts with the Trump Organization
New York City is seeking to terminate its business relationships with the Trump Organization in response to last week’s attack on the US…
Continue Reading Circle K’s owners offer $20 billion for France’s biggest retailer
Convenience store operators are having a moment. Canada’s Couche-Tard, the owner of Circle K, said in a statement on Wednesday that it’s…
Continue Reading Life may get back to normal this year. But the economy probably won’t
It’s tempting to think now that 2020 is over, the economy will soon snap back to normal. But that’s still far off: Americans aren’t…
Continue Reading Amazon is removing QAnon merchandise from its site
Amazon said it is banning QAnon merchandise from its marketplace in response to the extremist group’s role in attacking the US Capitol. The…
Continue Reading New York City terminates contracts with the Trump Organization
New York City is terminating its business relationships with the Trump Organization in response to last week’s attack on the US Capitol. On the…
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Investors bet on a rapid vaccine rollout. That’s now at risk
Faith in massive Covid-19 vaccination efforts has been a key reason stocks have kicked off 2021 by notching a string of record highs. But early…
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The tech industry used ‘the nuclear option’ to crack down on violent groups organizing online
Twitter’s decision to ban President Donald Trump from its platform on Friday sent shock waves through the political and tech worlds. But a…
Continue Reading Las Vegas, the hardest-hit metro economy in America, just suffered another blow
In the run-up to the Consumer Electronics Show last year, Gina Muoio was pulling 60-to-80-hour weeks at the Mandalay Bay Convention Center in Las…
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It’s easy for big business to dump the GOP now. Tax hikes will be the real test
The insurrection at the US Capitol has sparked a reckoning in the business world. Bank of America, Coca-Cola, Facebook, Microsoft and other companies…
Continue Reading Australian company renames racially offensive cheese brand
An Australian food company has officially renamed a famous snack brand after years of complaints that it shared its name with a racial slur.…
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Why messaging app Signal is surging in popularity right now
Users have flocked to encrypted messaging app Signal by the millions in recent days — bringing it to the No. 1 spot on both Google Play Store and…
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Amazon slams Parler in court reply and invokes Big Tech’s liability shield
Amazon Web Services filed its response to Parler’s lawsuit on Tuesday, blaming the social media platform favored by the far-right for filing a…
Continue Reading A global chip shortage is hitting carmakers at the worst possible time
The world’s largest carmakers are facing a critical shortage of semiconductors that threatens to hamstring production just as the industry…
Continue Reading UK to fine companies that fail to disclose imports tied to China’s Xinjiang region
The British government will fine companies which hide connections to China’s Xinjiang region where Uyghurs and other minorities are allegedly…
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