Business

Pandora produces more jewelry than any other company in the world. And on Tuesday, it announced a major change: It won’t use any more mined diamonds in its products. The Copenhagen-based company said it’s instead shifting toward the use of diamonds created in labs, which it emphasized have the same “optical, chemical, thermal and physical

Big banks and accounting firms do most of their business in New York, London, Hong Kong and Tokyo. But they wouldn’t be able to function without their back offices, many of which are located in Covid-stricken India. Financial services firms have outsourced a huge number of information technology and operations jobs to India in recent

Twitter, known for instant and short-form expression, is investing more in the media business and long-form journalism. The company announced Tuesday it’s acquiring Scroll, a startup that offers ad-free viewing of news sites for a monthly fee. Scroll launched last January and essentially offers online readers an ad blocker that publishers agree to and benefit

From the price of stocks to ethereum, it’s no secret that markets continue to look extremely frothy. What’s happening: The S&P 500 remains just below its all-time high, while the cryptocurrency ethereum notched a new record on Tuesday, jumping above $3,400. That may seem like good reason for investors to consider taking money off the

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “Yesterday wasn’t the end. Yesterday was the first battle of the war.” That’s what John Douglas Wright told his local newspaper on January 7. Wright, 54, who operates a shuttle bus company in Ohio, vowed

One of Eleven Madison Park’s most iconic dishes has been whole roasted duck with daikon and plum — it’s a classic of the restaurant, and one its most long-standing offerings. But when the restaurant reopens next month after more than a year, that dish, and many others it has become known for, will no longer

The Los Angeles Times has its new top editor: Kevin Merida of ESPN will start as executive editor in June, the paper announced Monday. Merida brings more than 40 years of experience in media into the role. He most recently worked at ESPN as a senior vice president and as editor in chief of The

America’s parents — mothers in particular — have been hit hard by the pandemic. Supervising distance learning and keeping their children safe from a health crisis forced some to quit their jobs. But the vaccine rollout and Washington’s promises to spend big on child care could help moms get back to work. “Making schools and

Warren Buffett’s ability to pick investments that pay off over the long term has transformed him into a billionaire and made him the world’s most famous investor. But as the planet heats up, his positions on the climate look increasingly short-sighted. What’s happening: At Berkshire Hathaway’s annual meeting over the weekend, Buffett defended the company’s

Warren Buffett said Monday that Greg Abel, the head of Berkshire Hathaway’s non-insurance business, will be his successor — although Buffett gave no indication that he will give up the top job at the conglomerate anytime soon. Abel has long been considered one of the two men likely to follow Buffett, along with Ajit Jain,

Bitcoin prices continued their rebound Monday, rising about 4% to nearly $59,000. But the world’s largest cryptocurrency has been overshadowed lately by its younger sibling, Ethereum. Ethereum, or ether for short, hit a new record high Monday of about $3,200. Ether prices have more than quadrupled in 2021, soaring 325%. Bitcoin has had a great

Journalist Ye Wint Thu was already on the run when his name and photo appeared on a wanted list broadcast by Myanmar’s military junta. For weeks, he had been documenting protests in Yangon against the military coup. But in early March, after a colleague was violently arrested in the south of the country, and the

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. CNN reporter and resident fact-checker Daniel Dale has noticed something very interesting about President Biden’s relationship with fact checks. When proven wrong, Biden actually course-corrects. At least in some cases, the Biden White House has

In his first address to a joint session of Congress last week, President Joe Biden framed his climate change agenda as a once-in-a-generation economic opportunity, speaking directly to blue-collar workers. He promised that his focus on the environment would result in “jobs, jobs, jobs.” But what will those “jobs, jobs, jobs” look like? Although the

Media outlets have covered Covid-19 safety protocols for more than a year now. But with new CDC mask guidelines in place, newsrooms are shifting tones when it comes to reporting on the pandemic. With a wide range of Covid-related topics to cover, there’s a lot of angles for media outlets to juggle, including deaths, hospitalizations,

Elon Musk is calling on Twitter to help him prepare to host Saturday Night Live. The Tesla CEO tweeted, “Throwing out some skit ideas for SNL. What should I do?” The billionaire suggested “Baby Shark & Shark Tank merge to form Baby Shark Tank,” “Woke James Bond,” and “Irony Man — defeats villains using the

The Washington Post, The New York Times, and NBC News on Saturday issued significant corrections, retracting earlier reporting that said Rudy Giuliani had been directly warned by the FBI that he was the target of a Russian disinformation campaign. The stories came out after Giuliani’s office and residence were raided by the FBI on Thursday.

Disneyland reopened Friday after being closed for more than a year, but many health safety protocols will continue to be enforced. The theme park in Anaheim, California closed on March 14, 2020 because of the Covid-19 pandemic and announced its plan to reopen in March 2021. The park’s capacity will be significantly limited to comply