Business

Marriott International’s president and CEO Arne Sorenson is reducing his demanding schedule for “several months” as he continues to fight pancreatic cancer. Sorenson, 62, is dialing back his duties to “facilitate more demanding treatment for pancreatic cancer,” the company announced Tuesday. He was diagnosed with stage 2 pancreatic cancer In May 2019. “While I have

St. Patrick’s Day is several weeks away, but McDonald’s is already getting ready with the arrival of the Shamrock Shake. Beginning February 15, the fan-favorite milkshake as well as an Oreo Shamrock McFlurry will go on sale at US restaurants for a limited time. These temporary offerings, which include not only holiday items but also

2020 was supposed to be the kickoff of the streaming wars — the year when new contenders battled Netflix to take their own slice of the streaming pie. Then the pandemic happened. Instead of finding itself under siege, Netflix further cemented its supremacy with massive subscriber numbers and hit after hit. As for the rest

Nike’s newest shoe is “easy on, easy off” for those who can’t put their shoes on without assistance — or cannot be bothered. Called the Go Flyease, it’s Nike’s first pair of lace-less sneakers that can easily be put on and taken off without using your hands. The casual shoe arrives at a time when

A panel of House representatives is launching an investigation into how major meat processors and OSHA handled coronavirus outbreaks at meatpacking facilities. The House Select Subcommittee on the Coronavirus Crisis, chaired by Representative James Clyburn, said Monday that it has sent out letters to Tyson, Smithfield and JBS USA, along with the Occupational Safety and

Over the past few years, Google owner Alphabet’s stock had lagged compared to the stellar rise of big techs like the other FAANG members and Microsoft. That’s finally starting to change. But investors might be overlooking one major problem: potential regulatory risk. Alphabet is trading near an all-time high, thanks to strong digital advertising and

Robinhood received a startling 3:30 am call from its clearinghouse during last week’s Reddit-inspired market chaos asking for the free-trading app to put up a staggering $3 billion, co-CEO Vlad Tenev said Monday. “This was obviously nerve-wracking,” Tenev told Tesla boss Elon Musk during an interview on the platform Clubhouse. For context, Robinhood had raised

Prince Harry has settled a legal dispute with the Mail on Sunday and the MailOnline, accepting what his legal team called “significant damages” over an article alleging he had turned his back on the Royal Marines. Jenny Afia, a lawyer for the The Duke of Sussex, said in a statement to open court on Monday

Tesla CEO Elon Musk has declared his support for bitcoin, boosting the price of the cryptocurrency in the process. In an interview Sunday on audio-only social app Clubhouse, Musk said he should have bought the digital currency eight years ago. The audio was no longer available on Monday, but many listeners posted the interview on

Global stocks and US futures advanced Monday as Wall Street prepared for what could be another week of rocky trading fueled by small investors on Reddit. Silver futures surged as online attention shifted to the precious metal. Dow futures were last up 177 points, or 0.6%, reversing course from a 0.8% tumble earlier. S&P 500

Congresswoman Marjorie Taylor Greene, a Trump-backed QAnon supporter, is a fountain of misinformation, conspiracy theories and hateful rhetoric, and most mainstream media outlets are covering the controversy. But Fox News is still wrapped up in attacking Congresswoman Liz Cheney. Cheney, a Wyoming congresswoman and the No. 3 House Republican, has been the target of both

Leaders of five historically Black colleges and universities met with Google CEO Sundar Pichai on Friday to discuss the company’s relationship with the schools in the wake of anti-HBCU-graduate discrimination allegations made by a former Google employee. On December 21, ex-Google diversity recruiter April Curley tweeted that she had been fired by the company in

Tesla posted its first full year of net income in 2020 — but not because of sales to its customers. Eleven states require automakers sell a certain percentage of zero-emissions vehicles by 2025. If they can’t, the automakers have to buy regulatory credits from another automaker that meets those requirements — such as Tesla, which

Say what you will about the GameStop mania. It does illustrate one positive thing about today’s stock market: There are still some people willing to invest in individual companies instead of merely tossing their money into index funds. The rise of Reddit’s WallStreetBets crowd and others taking advantage of no-fee trading on brokerages like Robinhood

“Saturday Night Live” returned for its first show of 2021, and had one question on its mind: “What still works?” That’s how the NBC variety show opened its program on Saturday night, with cast member Kate McKinnon hosting a show that asked what still works in America. The first category was “government.” McKinnon brought out

Toys “R” Us is closing its only two stores roughly a year after a highly anticipated relaunch of the storied brand. Tru Kids Inc., which bought the retailer in a 2018 liquidation sale, confirmed that its two locations in New Jersey and Texas that opened in late 2019 have permanently closed because of the pandemic.