Trump’s corporate tax cuts went too far, BlackRock exec says
As business leaders warn about the risks of a corporate tax hike, the world’s largest asset manager is decidedly unfazed. The resurgent US…
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First GameStop, now gorillas. Redditors are pouring money into saving apes
The WallStreetBets community is moving beyond GameStop and AMC. But its latest investment target isn’t a stock, bitcoin or even NFTs.…
Continue ReadingPost-pandemic primping: Lashes, waxes and blowouts are coming back
After months of sporting the “casual look” — in some cases surrendering fully to our inner shaggy and shabby — consumers are…
Continue ReadingOnline trading firm eToro going public in more than $10 billion SPAC deal
Robinhood is widely expected to go public later this year despite the public relations black eye it received during the Reddit-induced GameStop…
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This chain wants to take on Lululemon with a new men’s line
Dick’s Sporting Goods knows Lululemon’s ABC pants are a hit. So it wants to create its own version. On Tuesday the sporting goods chain…
Continue ReadingWall Street’s biggest fear isn’t Covid. It’s inflation
Coronavirus fears shook Wall Street to its core last March. The Dow crashed nearly 3,000 points — a stunning 13% — a year ago today. Flash…
Continue ReadingFlood risk is growing for US homeowners due to climate change. Current insurance rates greatly underestimate the threat, a new report finds
Wildfires and hurricane-force winds produce stunning videos and headlines, but flooding is the most common and costly natural disaster in the United…
Continue ReadingSackler family agrees to pay $4.2 billion as part of plan to dissolve OxyContin maker Purdue
Purdue Pharma has filed a restructuring plan to dissolve itself and establish a new company dedicated to programs designed to combat the opioid…
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This town powered America for decades. What do we owe them?
This Wyoming coal town is a place of contradictions. At dawn, the land looks heavenly: Winds rattle the sagebrush; cotton-candy skies make a dusting…
Continue ReadingAmerica wasn’t ready for Covid-19. These newsrooms helped guide the way
When life came to a grinding halt a year ago, two national publications excelled at guiding readers through an unprecedented and scary pandemic,…
Continue ReadingTiger Woods is returning to golf video games
It is not yet clear when (or if) Tiger Woods will play professional golf again after he injured his leg in a car accident late last month. But that…
Continue ReadingBiden’s stimulus will keep America’s economy humming for years, Goldman Sachs predicts
President Joe Biden’s $1.9 trillion economic rescue is so massive that economists are marking up their growth forecasts for not just this year,…
Continue ReadingAstraZeneca woes are bad news for the global recovery
Experts have made clear that they don’t expect economies around the world to bounce back from the Covid-19 shock at the same speed. But…
Continue ReadingTinder’s new giveaway could make Covid dating safer … for one day, at least
After more than a year of health restrictions putting a crimp on in-person dating, Tinder says it’s gearing up for one of the “flirtiest…
Continue ReadingInvesting’s newest superstar is having a rough month
Cathie Wood of ARK Invest has become one of the top investment voices on Wall Street over the past few years, thanks to big bets on Tesla, Square,…
Continue ReadingRetail sales slid in February as people shopped less
Americans shopped less in February, leading retail sales to fall 3% on a seasonally adjusted basis, the Census Bureau reported Tuesday. It was a much…
Continue ReadingThe global economy needed a smooth vaccine rollout. That’s not happening
Experts have made clear that they don’t expect economies around the world to bounce back from the Covid-19 shock at the same speed. But…
Continue ReadingFacebook will pay Murdoch for news in Australia
Facebook is teaming up with News Corp Australia just weeks after the country passed a groundbreaking law requiring tech companies to pay for news…
Continue ReadingGeely is spending $4.6 billion on a battery plant as its electric car ambitions grow
Geely will pour nearly $5 billion into building an electric battery plant in China, as the country’s top privately-owned carmaker moves more…
Continue ReadingFacebook signs deal with Murdoch’s News Corp in Australia
Facebook is teaming up with News Corp Australia just weeks after the country passed a groundbreaking law requiring tech companies to pay for news…
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