History shows the GameStop saga won’t end well
The recent battle between short-sellers and Reddit’s WallStreetBets crowd over the stocks of a handful of distressed companies has erupted into…
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Robinhood is buying a Super Bowl ad after its GameStop fiasco
Robinhood, the stock trading app that helped fuel GameStop mania and ended up in a PR crisis, is running a Super Bowl ad. The 30-second spot, which…
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Peeps will be back for Easter after a 9-month hiatus
After a pandemic break, Peeps are back in production for Easter. Candy maker Just Born Quality Confections announced Wednesday that the sugary treats…
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Newsmax anchor storms off set when MyPillow CEO voices election conspiracies
Newsmax anchor Bob Sellers repeatedly tried to cut off MyPillow CEO Mike Lindell in an interview Tuesday after the Trump-supporting executive spread…
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These cities want to give grocery store workers hazard pay
Large grocery chains stopped giving their workers hazard pay for showing up to the job last year. Now, some cities on the West Coast are starting to…
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Jeff Bezos has been halfway out the door for a while
“Jeff is not leaving.” That is what Amazon chief financial officer Brian Olsavsky told analysts on the company’s earnings call…
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Jeff Bezos has been halfway out the door at Amazon for a while
“Jeff is not leaving.” That is what Amazon chief financial officer Brian Olsavsky told analysts on the company’s earnings call…
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She was stunned by Biden’s inauguration. How this South Carolina mom escaped QAnon
Ashley Vanderbilt says her four-year-old daughter Emmerson knew “something was wrong with her mom.” “I wasn’t one hundred…
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What makes Ford’s new F-150 Raptor pickup truck special isn’t under the hood
Ford revealed a redesigned version of its F-150 Raptor high-performance pickup truck Wednesday with a more squared-edged looks and a wider…
Continue Reading Elon Musk admits Tesla has quality problems
Critics have slammed Tesla for Model 3 quality issues for years. And now CEO Elon Musk is admitting even his harshest critic was right. In early 2018…
Continue Reading America’s inequality problem isn’t new. The pandemic is just emphasizing it
The pandemic is shining a spotlight on America’s inequality problem, but the nation’s economic playing field was far from level long…
Continue Reading There are no Black execs at the top of Britain’s biggest companies
The number of Black executives at the very top of the biggest companies on the London Stock Exchange has fallen to zero. There are no Black CEOs,…
Continue Reading Wall Street is keeping very close tabs on WallStreetBets. Here’s how
Hedge funds, investment bankers and other institutional investors are desperate to find the next GameStop — before it’s too late.…
Continue Reading How Amazon can keep thriving even without Jeff Bezos
Jeff Bezos is stepping down as CEO of Amazon, but investors aren’t too worried about the company’s next steps. What’s happening:…
Continue Reading ‘We are lost:’ Fox News suffers ratings slump while staffers fret about post-Trump future
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “We are…
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GameStop stock is plummeting but the Reddit rebellion is just beginning
No matter what happens next to shares of GameStop and AMC or the price of silver, average Joes and Janes are now an undeniable force to be reckoned…
Continue Reading A surprise announcement in Amazon’s blockbuster earnings
Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.…
Continue Reading Read Jeff Bezos’s letter to Amazon employees
Amazon’s founder Jeff Bezos is stepping down later this year as CEO. He sent the following email announcing the transition to Amazon employees…
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SpaceX Mars rocket prototype explodes on landing, again
Starship SN9, SpaceX’s early prototype for a rocket the company hopes will carry the first humans to Mars, launched a high-altitude test flight…
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