Sotheby’s CEO explains why NFTs are the future
Despite what Pete Davidson’s rap spoof suggests, NFT isn’t just for crazy kids with cash to burn. You want proof? You can buy them at…
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Joe Biden bans US banks from buying or underwriting Russian debt sales
The Biden administration is punishing Russia for its interference in the 2020 US election and cyberattacks by hitting Moscow where it hurts the most:…
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Mercedes’ new electric car has a nap mode and doors that open for you
Mercedes has unveiled its largest and most luxurious electric car yet. The Mercedes EQS is the battery-powered equivalent of the Mercedes S-Class…
Continue ReadingReese’s wants to give you a peanut butter glow up
Reese’s is launching its own makeup line — and no, it’s not edible. The candy brand is teaming up with makeup company HipDot for a…
Continue ReadingTattoos, hairstyles and jewelry: Disney park cast members can be (more) themselves
Disney is striving to make its theme parks — “The Happiest Place On Earth” — more inclusive. In a blog post this week, the chairman…
Continue ReadingDelta stopped burning through cash in March
Since the pandemic hit the US airline industry last March, major carriers have been burning through millions of dollars a day. For Delta Air Lines,…
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Retail sales surged in March
Retail sales surged in March as federal stimulus checks bolstered wallets and the rollout of Covid-19 vaccines boosted spending at stores. The…
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Cathie Wood’s Ark funds bought a big stake in Coinbase
Ark Invest‘s Cathie Wood, known for her bullishness on momentum stocks, especially Tesla, is making another big bet: This time, on Coinbase…
Continue ReadingHere’s Kroger’s big bet to fight Amazon
Kroger wants to sell you more groceries online. And to do that, it’s banking on a strategy that’s drawing some skepticism on Wall Street.…
Continue ReadingJamie Dimon says ‘American dream is fraying’
JPMorgan Chase CEO Jamie Dimon is bullish about the economy, but he remains concerned about the growing wealth gap, particularly for Black people, in…
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Coinbase’s stunning Wall Street debut is a huge validation for crypto fans
Cryptocurrency backers have spent years insisting that bitcoin, ethereum and other digital coins could revolutionize the world of finance. Finally,…
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Ruff job: Busch will pay your pup $20,000 to be its official dog beer taster
Busch is sniffing around for a new CTO — “chief tasting officer” — and it wants your very good boy to apply. The beer brand is…
Continue ReadingHere are some of the challenges as CBS News picks a new president
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Being the president…
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Bernie Madoff, infamous Ponzi schemer, has died
Bernard Madoff, whose name became synonymous with financial fraud, died while serving a 150-year sentence in Federal Prison. He was 82 years old. His…
Continue ReadingThe new president of ABC News is about to make history
Kimberly Godwin is about to make history — as the incoming president of ABC News, she’ll be the first Black executive to run one of…
Continue ReadingKimberly Godwin is about to be the first Black person to run a major US broadcast network newsroom
Kimberly Godwin is about to make history — as the incoming president of ABC News, she’ll be the first Black executive to run one of…
Continue ReadingMcDonald’s will train all its restaurant staff after widespread sexual harassment allegations
McDonald’s is requiring anti-harassment training across all 39,000 of its restaurants, the company said Wednesday. The trainings, among other…
Continue ReadingFive things you didn’t know about Bernie Madoff’s epic scam
Editor’s note: This story was originally published on December 11, 2013, and has been updated. Bernard Madoff, the man behind the most…
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Coinbase goes public with a nearly $100 billion valuation
Cryptocurrency exchange Coinbase Global finally went public Wednesday afternoon at a valuation of nearly $100 billion, as the company takes advantage…
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J&J vaccine pause prompts a needed discussion of women’s health
When I heard the news that the US Centers for Disease Control and Prevention (CDC) and the US Food and Drug Administration (FDA) are recommending…
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