Dow tumbles more than 600 points on first trading day of 2021
The Dow tumbled more than 600 points around midday Monday, the first trading day of the New Year, as investors grew worried about the the pandemic…
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MGM makes $11 billion bid for UK gambling group
MGM Resorts International is attempting to buy the owner of British gambling brand Ladbrokes, making it the latest US casino operator to place a…
Continue Reading Chipotle’s slimming down for the new year too, adding cauliflower rice to its menu
Chipotle is adding cauliflower rice to its menu as customers’ tastes shift toward healthier options. Beginning Monday, the cilantro-lime…
Continue Reading Bitcoin’s rally could be a sign of what’s in store for markets in 2021
Investors are gearing up for a turbocharged 2021. Want evidence? Look at the price of Bitcoin. What’s happening: Just a few weeks ago, Wall…
Continue Reading Herbalife is buying back more than half of Carl Icahn’s stake
The legendary activist investor Carl Icahn is dumping a massive chunk of his stake in Herbalife Nutrition and giving up his firm’s seats on the…
Continue Reading Wall Street will kick out three big Chinese telecom companies
Washington’s battle with Beijing is escalating once more on Wall Street. The New York Stock Exchange will end trading in the shares of three of…
Continue Reading Fanduel suffers widespread outage on last day of NFL’s regular season
Fanduel, the fantasy sports and online sports betting company, experienced outages on Sunday — the last day of regular season NFL games —…
Continue Reading Media should call GOP election fight an attempted coup, historian says
The Republican effort to contest the presidential election results on the Senate floor this week is raising questions about how media outlets should…
Continue Reading Saying goodbye to a wild year for stocks
We’re hoping to shelve the word ‘unprecedented’ for a while as 2021 gets underway — but first, one final look at a 2020. The Dow…
Continue Reading Larry King has been hospitalized with Covid-19
Legendary talk show host and former CNN interviewer Larry King has Covid-19, according to a source close to the family. King, 87, has been…
Continue Reading Bitcoin soars past $33,000, its highest ever
Bitcoin has been flirting with the $30,000 mark for weeks, and finally passed that record-setting level Saturday. The virtual currency is now valued…
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‘Slap in the face’: FDA scraps $14,000 fee to distilleries that make hand sanitizer
After major backlash from the small-batch distilling community, the U.S. Food and Drug Administration has decided to waive a $14,000 fee it planned…
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Gov. Brown warns businesses not to reopen, defy COVID-19 orders
Gov. Kate Brown issued a stern warning Thursday that Oregon businesses who defy her executive orders, which she said have reduced the spread of…
Continue Reading Dow and S&P 500 end 2020 at record highs
The Dow and the S&P 500 started and ended this unprecedented year at all-time highs — with a lot of volatility along the way. All three major…
Continue Reading Markets started 2020 riding high, and they’ll end it even higher
The stock market’s wild 2020 ride is finally coming to an end. Stocks are at record highs once again, just like they were at the start of this…
Continue Reading Reflecting on the essential role of the news media in 2020, and looking ahead to 2021
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. The year 2021 is…
Continue Reading Hedge fund Alden Global seeks to buy Tribune Publishing
Alden Global Capital, the largest shareholder of Tribune Publishing, said Thursday it offered to take full control of the newspaper chain in a deal…
Continue Reading Target recalls infant and toddler clothes because of a possible choking hazard
Target is recalling some infant and toddler clothes because of snaps that could be a choking hazard. The snaps on the Cloud Island infant rompers and…
Continue Reading What Times Square will look like after the pandemic
New York City tourism and real estate officials are hoping Thursday night’s New Year’s Eve celebration will mark a turning point for…
Continue Reading US gas prices end the year near a pandemic-era high
This is normally the time of the year that gas prices fall to their low point. Not this year. Gas prices are now close to their highest point since…
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