TikTok launches incubator for Black creators
TikTok is launching an incubator program to support 100 Black creators, a strategy to attract audiences that’s become popular with other social…
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Watch out, Chewy. This 55-year-old pet store is coming for you
Petco is hoping the third time is the charm. The 55-year-old pet retailer launched its third IPO in company history Thursday — and this time…
Continue Reading US debt surged by $7 trillion under Trump. It will go much higher under Biden
President Donald Trump certainly lived up to his self-proclaimed status as the King of Debt during his term in office. The national debt spiked by $7…
Continue Reading No alcohol and no checked guns: Airlines tighten security for Inauguration Day
Airlines and the Transportation Security Administration are stepping up security for flights to and from Washington, DC, amid threats of additional…
Continue Reading Bitcoin prices roar back towards $40,000
The bitcoin roller coaster continues. The price of the top cryptocurrency hit an all-time high of nearly $42,000 less than a week ago before quickly…
Continue Reading Seth Rich conspiracy theorists retract and apologize for false statements as they settle lawsuit
A businessman and a fringe internet activist who each played key roles in the conspiracy theory about Seth Rich, the slain Democratic National…
Continue Reading Capitol riot denialism is already here
Law enforcement agencies are rounding up suspected rioters, combing through social media evidence, and uncovering the true depth of the plot to…
Continue Reading New rule could make it harder for banks to cut ties with oil and coal companies
Big banks, climate activists and banking reform advocates don’t agree on much, but they joined forces to denounce a proposed Trump…
Continue Reading BlackRock now has a whopping $8.7 trillion in assets
The record stock market run is great news for BlackRock: The owner of the super popular iShares family of exchange-traded funds reported earnings and…
Continue Reading Christopher & Banks is going out of business
Christopher & Banks is joining the long list of retailers filing for bankruptcy and disappearing from America’s malls. The womenswear…
Continue Reading Germany’s recession wasn’t as bad as 2009
Germany’s economy held up better in the pandemic than it did during the global financial crisis, despite a second wave of lockdowns in the…
Continue Reading Delta turned record profit into a record loss in one year
Delta Air Lines closed the books on the worst year in its history. Thursday, Delta reported a record $6.8 billion loss for 2020, excluding special…
Continue Reading Impeachment has forced Wall Street onto the sidelines
Stocks rallied to record highs as a mob descended on the US Capitol. But now that President Donald Trump has become the first American president in…
Continue Reading The US box office just had a horrible year. 2021 may not be much better
With the coronavirus pandemic shuttering theaters for months on end and major blockbusters delayed into an unforeseeable future, 2020 was one of the…
Continue Reading Xi Jinping wants Starbucks and Howard Schultz to help repair US-China ties
China’s leader has called on Starbucks’ former chairman Howard Schultz to help promote US-China relations, according to Chinese state…
Continue Reading Taco Bell is bringing back potatoes
Taco Bell knows you’re upset about losing potatoes. It’s sorry it hurt you. And it’s bringing them back. Last year, Taco Bell cut a…
Continue Reading Costco is shutting down all of its photo centers
Costco is closing its photo centers at all of its roughly 800 stores next month, ending a number of services that have a decidedly retro vibe. Four…
Continue Reading Chobani reinvented yogurt. Its next target is coffee
When Chobani started selling Greek yogurt in 2007, it upended the market. Now, it wants to do the same for iced coffee. This week, Chobani is…
Continue Reading Taco Bell’s potatoes are coming back
Taco Bell knows you’re upset about losing potatoes. It’s sorry it hurt you. And it’s bringing them back. Last year, Taco Bell cut a…
Continue Reading New rule could force banks to lend to oil companies
Big banks, climate activists and banking reform advocates don’t agree on much, but they have joined forces to denounce a proposed Trump…
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