The pandemic continues to roil America's economy, setting the job market on its head. Employers looking for workers are having trouble finding them, while many laid-off Americans remain on the sidelines waiting for a return to normal. It's a confusing…
In a parallel universe, audiences around the world are heading to the cineplexes Friday to see Marvel's "Black Widow" as it kicks off Hollywood's lucrative summer movie season.Alas, not in this universe.Audiences will have to wait until July 9 to…
Beijing has ordered China's cinemas to use the box office this year to spread propaganda celebrating the Communist Party. The country's movie fans aren't having it — and worry the new mandate is crowding out some of the Hollywood films…
Sean Hannity finds himself in familiar territory as of late: second place.For most of his career, the right-wing Fox propagandist has been in the shadows of someone else.When Bill O'Reilly was still at Fox News, Hannity could never quite catch…
Peloton is estimating its treadmill recall will cost the company about $165 million in lost revenue during the the current quarter, and result in a $16 million hit to its profits.After weeks of fighting a call by federal safety regulators…
Gary Gensler, the newly installed chairman of the Securities and Exchange Commission, put Robinhood and Citadel Securities on notice Thursday about a potential crackdown in the Biden era.Gensler, whose nomination was endorsed by Senator Elizabeth Warren, repeatedly expressed concern about…
A major shareholder in Tesla has become bearish about the company.Scottish fund manager Baillie Gifford & Co. sold 11.1 million shares of Tesla during the first quarter, the firm disclosed in a filing Thursday. That sell off reduced the fund's…
Several top business leaders have backed President Joe Biden's plan to raise taxes on large corporations and the wealthy and spend more on infrastructure. But JPMorgan Chase CEO Jamie Dimon wants to see more details."I'm concerned about how the money's…
News of the Bill and Melinda Gates' divorce ricocheted around the world this week, raising a number of questions: What, why? What about the foundation? Is it too soon to ask Melinda to star in a reality TV series with…
A cryptocurrency that looks and sounds a lot like bitcoin has creeped up into the top 10 biggest digital currencies list: bitcoin cash.Bitcoin cash shares most of its code with bitcoin. But it is significantly faster at processing transactions.The cryptocurrency…
A bubble could be brewing in steel stocks.The pandemic brought the American steel industry to its knees last spring, forcing manufacturers to shut down production as they struggled to survive the imploding economy. But as the recovery got underway, mills…
Last year, when Applebee's sales took a hit in the pandemic, the chain slimmed down its menu. Now its sales are recovering, but Applebee's is sticking with the change."We're going to keep [the menu] lean," Applebee's president John Cywinski told…
David Swensen, the long-time chief investment officer at Yale University and a legend in the world of college endowments, died Wednesday at the age of 67.Yale president Peter Salovey wrote about Swensen's death in a statement Thursday, saying that Swensen…
Three dollar store chains will make up almost half of all the new stores opening up in the United States this year, a reflection of the dollar store sector's outsized growth in the retail industry as other chains close shops…
Earlier this week, Eleven Madison Park's chef and owner Daniel Humm made an unexpected announcement: When the famed New York City restaurant reopens its doors next month, meat will be off the menu.It might seem like the perfect time to…
A version of this article first appeared in the "Reliable Sources" newsletter. You can sign up for free right here.In a pair of new interviews, White House press secretary Jen Psaki is sharing a lot about her approach to the…
Rio Tinto shareholders have rebelled over payouts to former CEO Jean-Sébastien Jacques and other executives who quit last year after the company destroyed a 46,000-year-old sacred Indigenous site in Australia.More than 60% of the votes cast at the mining company's…
The pandemic has been a tough time to be in the business of shuttling people from Point A to Point B.For months, government rules and fears about catching Covid-19 meant everyone stayed put. Finally, though, there are signs of change…
Serial entrepreneur Gary Vaynerchuk is selling a new use case for NFT: "Smart event" tokens that have real value rather than digital art.Vaynerchuk's VeeFriends NFT collection will give buyers three-year access to his VeeCon business and marketing convention. Customers can…
It's been a weird year for Seth Meyers. In fact, it's been a weird year for all of late night TV, not to mention the rest of us.Like others in the late night world, the host of NBC's "Late Night"…
