The maker of a $2,995 home gym is opening up shops in Nordstom stores
Nordstrom and at-home fitness startup Tonal, which sells a $2,995 smart home gym, have teamed up to launch a handful of Tonal mini shops inside…
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United, predicting a rebound in travel, buys 25 Boeing 737 Max jets
United Airlines disclosed Monday one of its largest orders for the Boeing 737 Max jet since the aircraft was grounded in March 2019, agreeing to buy…
Continue ReadingHere’s why 2021 could be a big year for labor unions
Rarely has the chasm between rank-and-file-workers and the extremely wealthy been this wide. While millions of people have lost jobs, gone hungry and…
Continue ReadingWall Street’s new bogeyman: the bond market
Covid-19 no longer seems to be the biggest concern on Wall Street as more people are getting vaccinated. Now, the focus is squarely on the bond…
Continue ReadingMcDonald’s CEO responds after report alleges sexual harassment among workers
Sexual harassment against McDonald’s restaurant employees “will not be tolerated,” McDonald’s CEO Chris Kempczinski said in a…
Continue ReadingExxon aims to quell shareholder revolt by adding activists to board
ExxonMobil is adding two prominent activist investors to its board of directors, in a bid to halt the first credible threat to overthrow its board in…
Continue ReadingMcDonald’s CEO promises investigation after report alleges sexual harassment among workers
Sexual harassment against McDonald’s restaurant employees “will not be tolerated,” McDonald’s CEO Chris Kempczinski said in a…
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Stocks pop as bond yields take a breather
Stocks jumped at Monday’s opening bell as US Treasury yields are pulling back and taking a breather from their recent ascent. The Dow opened…
Continue ReadingBudweiser Select is making a comeback as light beer sales surge
With Americans drinking more light beer than ever, Anheuser-Busch is giving them another option with the nationwide release of Budweiser Select. The…
Continue ReadingStarbucks is adding oat milk to its menu
Starbucks is adding oat milk to its menus across the United States beginning Tuesday as demand for non-dairy alternatives surges. Oat milk has become…
Continue ReadingMr. Potato Head is the latest weapon in the Fox News culture wars
Mr. Potato Head caused a lot of buzz last week, and Fox News played a big part in that. Over the past week, the plastic toy — and its gender —…
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Warren Buffett sees shades of 1980s crisis in today’s bond market
Warren Buffett is warning that the “pathetic” returns available to bond investors may encourage risky behavior. “Bonds are not the…
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Chinese investment in Australia plunged last year as tensions worsened
Trade ties between Australia and China worsened over the past year as the two countries became mired in a diplomatic dispute. Now it appears those…
Continue ReadingWall Street is kicking out yet another big Chinese company
A major Chinese oil company that has traded on Wall Street for decades has become the latest casualty of tensions between Washington and Beijing. The…
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From ‘hoax’ to hope: Why March 2021 may be a turning point for the US
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. March 2020 never…
Continue ReadingWhat Australia’s new law might mean for the news you see in the future
Facebook has turned the news back on. In Australia, the websites that were previously blocked by Facebook are now accessible and sharable once again.…
Continue Reading$3 gasoline could be around the corner — unless OPEC and Russia start pumping more oil
OPEC and Russia’s unprecedented production cuts last spring lifted oil prices out of a death spiral. Nearly a year later, the group is under…
Continue ReadingHow long should movies be in theaters before streaming? Hollywood is trying to find out
With the movie business upended during the pandemic and tilting more towards streaming than cineplexes, Hollywood is rethinking its business model.…
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‘SNL’ has Dr. Fauci hand out coronavirus vaccines on a game show
As more coronavirus vaccines begin to roll out, it may be difficult to know if you’re eligible or not, so “Saturday Night Live”…
Continue ReadingAsian banks are failing on climate by channeling billions into coal, report says
Many of the world’s leading financial institutions have pledged in recent years to slash their support for the coal and oil industries. But a…
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