Robinhood’s CEO is not licensed by a powerful Wall Street regulator
Robinhood CEO Vlad Tenev is not licensed by FINRA, Wall Street’s powerful self-regulator, even though he presides over one of the…
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Meal kits and buckets of bubble tea: How KFC’s owner is pivoting in China
Snail noodles, marinated steaks and huge vats of bubble tea are helping China’s biggest fast food giant get through the coronavirus crisis. Yum…
Continue Reading Deutsche Bank just posted its first profit in years
Deutsche Bank has made an annual net profit for the first time since 2014 thanks to a bumper year in a business it has scaled back. Germany’s…
Continue Reading Reasons for cautious optimism amid Covid-19 crisis: ‘The news about the future’ is really promising
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. The prevailing news…
Continue Reading Netflix is doubling down on Asia with K-dramas and mobile-only deals. But China remains elusive
Netflix has amassed some 200 million subscribers and cemented its status as the king of streaming video. Now it’s looking to run up the score…
Continue Reading McKinsey will pay $573 million in settlement over its work with opioid companies
McKinsey & Company, one of the world’s largest consulting firms, will pay $573 million in a multistate settlement for its work with opioid…
Continue Reading The New York Times had a record-setting year in 2020
The New York Times’ goal of attracting 10 million subscribers by 2025 is very much within reach thanks in part to readers who have flocked to…
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Trump’s private bankers left Deutsche Bank over New York real estate deal
The private bankers responsible for lending to President Donald Trump and Jared Kushner resigned from Deutsche Bank last year following allegations…
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Another 779,000 Americans filed for unemployment benefits last week
Another 779,000 Americans filed for first-time unemployment benefits on a seasonally adjusted basis in the last week of January, the Labor Department…
Continue Reading Jeff Zucker announces he will stay on at CNN through the end of the year
A question consumed CNN employees recently: Was the company’s president, Jeff Zucker, going to leave after the presidential inauguration?…
Continue Reading After a tough end to 2020, the US economy is quietly improving
As vaccinations pick up speed and Covid-19 cases fall from their recent peak, economic data out of the United States looks increasingly promising.…
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Analysis: Bezos leaves behind a company that’s created value but has also triggered a national reckoning
In 1997, the year Amazon became a publicly traded company, CEO Jeff Bezos promised investors they would be in for a journey. Amazon would not chase…
Continue Reading Ken Frazier, one of the only Black Fortune 500 CEOs, is retiring
Merck CEO Kenneth Frazier, who is currently one of the few Black CEOs of a Fortune 500 company, is retiring in June, ending a nearly 30-year run with…
Continue Reading Robinhood’s CEO is not licensed by Wall Street’s powerful self-regulator
Robinhood CEO Vlad Tenev is not licensed by FINRA, Wall Street’s powerful self-regulator, even though he presides over one of the…
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The complicated legacy of Jeff Bezos
In 1997, the year Amazon became a publicly traded company, CEO Jeff Bezos promised investors they would be in for a journey. Amazon would not chase…
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Robinhood CEO Vlad Tenev is not licensed by FINRA. Should he be?
Robinhood CEO Vlad Tenev is not licensed by FINRA, Wall Street’s powerful self-regulator, even though he presides over one of the…
Continue Reading Trump’s private bankers left Deutsche Bank over a real estate deal
The private bankers responsible for lending to President Donald Trump and Jared Kushner resigned from Deutsche Bank last year following allegations…
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Commercial pilots blame pandemic downtime for in-flight mistakes
The steepest downturn in modern aviation history means plenty of airline pilots are spending weeks or months of the coronavirus pandemic idling at…
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Gun sales in January set a new record after Capitol Hill insurrection
The Capitol Hill insurrection and the inauguration of a Democratic president who campaigned on strengthening gun control measures helped the firearms…
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