Honey, the pandemic shrunk our wedding cake
Jennifer Bunce-Timmons is used to making extravagant cakes for weddings. But over the summer, she got a request that was on another level. Instead of…
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The 2 big reasons stocks are struggling as 2021 kicks off
The new year was meant to usher in greater certainty, with Covid-19 vaccination efforts ramping up and the US election in the rearview mirror.…
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Jeff Bezos, Jamie Dimon and Warren Buffett tried to solve health care. 3 years later, their company has shut down
Haven, an ambitious health care company formed just three years ago as a partnership between Amazon, Warren Buffett’s Berkshire Hathaway and…
Continue Reading OPEC and Russia divided over how much oil the world needs right now
A group of major oil producers including Saudi Arabia and Russia is deadlocked over whether to increase output as the pandemic forces some economies…
Continue Reading More than 170 business leaders sign letter urging Congress to accept Biden’s win
More than 170 prominent business leaders signed a letter urging Congress to accept the Electoral College results that declared Joe Biden as the next…
Continue Reading Wall Street reverses plan to kick out Chinese telecom companies
The New York Stock Exchange has reversed its decision to kick out three of China’s largest state-owned telecom companies. The exchange said…
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Google workers have formed the company’s first-ever union
Hundreds of employees at Google and its parent, Alphabet, have launched a union, a rare step for the tech industry that also represents the biggest…
Continue Reading Dow tumbles on first trading day of 2021
It was a rocky first trading day of the year for Wall Street as stocks fell sharply and investors grew worried about the the pandemic and the…
Continue Reading Janet Yellen made millions giving speeches to Wall Street banks she’ll soon regulate
Janet Yellen, President-elect Joe Biden’s pick for Treasury secretary, made more than $7 million in recent years by giving speeches to Wall…
Continue Reading Haven — the joint health care venture by Amazon, Berkshire and JPMorgan — is shutting down
Haven, an ambitious health care company formed just three years ago as a partnership between Amazon, Warren Buffett’s Berkshire Hathaway and…
Continue Reading Bitcoin’s bubble could burst, warns Anthony Scaramucci. But he’s still a mega-bull
Bitcoin prices more than quadrupled in 2020 and surged to a new record above $30,000 this year, but many investors think there’s still room for…
Continue Reading Dow tumbles more than 600 points on first trading day of 2021
The Dow tumbled more than 600 points around midday Monday, the first trading day of the New Year, as investors grew worried about the the pandemic…
Continue Reading MGM makes $11 billion bid for UK gambling group
MGM Resorts International is attempting to buy the owner of British gambling brand Ladbrokes, making it the latest US casino operator to place a…
Continue Reading Chipotle’s slimming down for the new year too, adding cauliflower rice to its menu
Chipotle is adding cauliflower rice to its menu as customers’ tastes shift toward healthier options. Beginning Monday, the cilantro-lime…
Continue Reading Bitcoin’s rally could be a sign of what’s in store for markets in 2021
Investors are gearing up for a turbocharged 2021. Want evidence? Look at the price of Bitcoin. What’s happening: Just a few weeks ago, Wall…
Continue Reading Herbalife is buying back more than half of Carl Icahn’s stake
The legendary activist investor Carl Icahn is dumping a massive chunk of his stake in Herbalife Nutrition and giving up his firm’s seats on the…
Continue Reading Wall Street will kick out three big Chinese telecom companies
Washington’s battle with Beijing is escalating once more on Wall Street. The New York Stock Exchange will end trading in the shares of three of…
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Pay attention to the propaganda, and other ways to cover an attempted coup in America
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Sunday showed how.…
Continue Reading Fanduel suffers widespread outage on last day of NFL’s regular season
Fanduel, the fantasy sports and online sports betting company, experienced outages on Sunday — the last day of regular season NFL games —…
Continue Reading Media should call GOP election fight an attempted coup, historian says
The Republican effort to contest the presidential election results on the Senate floor this week is raising questions about how media outlets should…
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