Wall Street’s new bogeyman: the bond market
Covid-19 no longer seems to be the biggest concern on Wall Street as more people are getting vaccinated. Now, the focus is squarely on the bond…
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McDonald’s CEO responds after report alleges sexual harassment among workers
Sexual harassment against McDonald’s restaurant employees “will not be tolerated,” McDonald’s CEO Chris Kempczinski said in a…
Continue Reading Exxon aims to quell shareholder revolt by adding activists to board
ExxonMobil is adding two prominent activist investors to its board of directors, in a bid to halt the first credible threat to overthrow its board in…
Continue Reading McDonald’s CEO promises investigation after report alleges sexual harassment among workers
Sexual harassment against McDonald’s restaurant employees “will not be tolerated,” McDonald’s CEO Chris Kempczinski said in a…
Continue Reading Budweiser Select is making a comeback as light beer sales surge
With Americans drinking more light beer than ever, Anheuser-Busch is giving them another option with the nationwide release of Budweiser Select. The…
Continue Reading Starbucks is adding oat milk to its menu
Starbucks is adding oat milk to its menus across the United States beginning Tuesday as demand for non-dairy alternatives surges. Oat milk has become…
Continue Reading Mr. Potato Head is the latest weapon in the Fox News culture wars
Mr. Potato Head caused a lot of buzz last week, and Fox News played a big part in that. Over the past week, the plastic toy — and its gender —…
Continue Reading Wall Street is kicking out yet another big Chinese company
A major Chinese oil company that has traded on Wall Street for decades has become the latest casualty of tensions between Washington and Beijing. The…
Continue Reading What Australia’s new law might mean for the news you see in the future
Facebook has turned the news back on. In Australia, the websites that were previously blocked by Facebook are now accessible and sharable once again.…
Continue Reading $3 gasoline could be around the corner — unless OPEC and Russia start pumping more oil
OPEC and Russia’s unprecedented production cuts last spring lifted oil prices out of a death spiral. Nearly a year later, the group is under…
Continue Reading How long should movies be in theaters before streaming? Hollywood is trying to find out
With the movie business upended during the pandemic and tilting more towards streaming than cineplexes, Hollywood is rethinking its business model.…
Continue Reading Asian banks are failing on climate by channeling billions into coal, report says
Many of the world’s leading financial institutions have pledged in recent years to slash their support for the coal and oil industries. But a…
Continue Reading Warren Buffett admits to a rare ‘mistake’
The Oracle of Omaha said he made a mistake. In his annual letter to shareholders of Berkshire Hathaway, investing guru Warren Buffett disclosed that…
Continue Reading Peppa Pig is getting her own Orlando-area theme park, complete with muddy puddles
Peppa Pig is looking to hog some of the Florida sunshine enjoyed by Mickey Mouse and Harry Potter. The animated British piglet popular with…
Continue Reading Manufacturing CEO: Before Biden, it felt like we were fighting the pandemic alone
A former Republican operative who now leads one of the nation’s most powerful business groups is praising President Joe Biden’s efforts…
Continue Reading The Oracle of Hollywood? Berkshire Hathaway’s 2021 annual meeting to be held in LA
Warren Buffett is going to Hollywood. The annual Berkshire Hathaway shareholder meeting on May 1, normally held in Buffett’s home town of…
Continue Reading McDonald’s, Taco Bell and Burger King heat up chicken sandwich wars
January was huge for the fried chicken sandwich wars, but February was somehow even bigger. This month, Wendy’s, Taco Bell, Burger King and…
Continue Reading Nikola: Former executive chairman misled investors numerous times
Electric truck company Nikola is throwing its founder and former executive chairman Trevor Milton under the proverbial hydrogen-powered bus. In a…
Continue Reading Oil is up nearly 70% since the election, a record in the modern era
The oil market is starting the Biden era with a bang. And that means Covid-weary Americans returning to the roads this spring and summer will be…
Continue Reading Fox News is still trying—and failing—to find a solution to its 7 p.m. problem
To understand the state of cable news at the beginning of the Biden era, check out the 7 p.m. Eastern hour on weekdays. This month last year Fox News…
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