The online shopping exec Walmart hired to take on Amazon is leaving
The executive hired to help boost Walmart’s e-commerce business to compete with Amazon is leaving the company. Marc Lore, who joined the…
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Vaccination megasites pop up in empty malls
Now that Covid-19 vaccination efforts are ramping up, local health officials are on the hunt for locations that can quickly be converted into…
Continue ReadingWells Fargo can’t seem to escape its troubled past
Wells Fargo is still being haunted by its history of ripping off customers. More than four years after the Wells Fargo fake-accounts scandal erupted,…
Continue ReadingLate night hosts mock Trump’s second impeachment: ‘I wonder if he’s tired of all the winning yet?’
Stephen Colbert, Jimmy Kimmel and other late-night TV hosts got a second chance to make fun of an impeachment of President Donald Trump. The pair…
Continue ReadingRetail sales decline for third straight month
US retail sales dropped last month, the Commerce Department said Friday, marking the third straight month without any growth. Retail sales fell 0.7%…
Continue ReadingEven $1,400 checks aren’t exciting Wall Street
News that President-elect Joe Biden is asking Congress to pass a $1.9 trillion stimulus package would normally give markets a big boost. Not this…
Continue ReadingJPMorgan Chase just reported a record quarterly profit. But its CEO is still nervous
The economy may not have fully recovered yet, but that’s no problem for America’s biggest bank. JPMorgan Chase reported a record profit…
Continue ReadingMarvel’s ‘WandaVision’ looks to make Disney+ even mightier
“WandaVision,” Marvel Studios’ first original series for Disney+, hits streaming this weekend. That’s excellent news for…
Continue ReadingXiaomi and other Chinese companies slapped with US restrictions as Trump’s term winds down
The Trump administration is inflicting even more damage on Chinese businesses — including smartphone maker Xiaomi — with just days to go before…
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Frustrated Bend auto shop owner says homeless man has threatened employees
A homeless man living behind Precision Body and Paint in Bend has caused the shop numerous…
Continue ReadingTikTok 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…
Continue ReadingWatch 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 ReadingUS 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 ReadingNo 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 ReadingBitcoin 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 ReadingSeth 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 ReadingCapitol 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 ReadingNew 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 ReadingBlackRock 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 ReadingChristopher & 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…
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