In the early weeks of 2021, amateur traders backing meme stocks like GameStop, AMC Entertainment and BlackBerry captured the world's attention.As spectacular gains triggered huge losses for hedge funds that bet the shares would fall, a David versus Goliath narrative…
Actor Jaleel White is joining the growing list of celebrities who have launched a cannabis brand.White, known for playing Steve Urkel on the 1990s sitcom "Family Matters," is partnering with 710 Labs on his new line, itsPurpl. It's set to…
A US government agency issued an "urgent warning" for users of Peloton's Tread+ following multiple dangerous incidents with the machine, including a child's death.In a news release Saturday, the Consumer Product Safety Commission said it has become aware of 39…
Dogecoin is the hottest, quirkiest cryptocurrency on the planet.The total value of the dogecoins in circulation is nearly $50 billion — not bad for a digital currency that started as a joke.It is the No. 5 most-valuable cryptocurrency on the…
Pieces of Reese's for your face. Beer going to the dogs. A sharper White Claw. Pizza that delivers itself.That's just a sampling of some of the weird food news that you might have missed this week. Companies are rolling into…
Robinhood is again having to explain why users faced issues trading a popular asset on its platform this week.This time, the asset in question is Dogecoin: a cryptocurrency (which was created as a joke in 2013) popular among Redditors and…
Nearly four years after the infamous Fyre Festival flamed out, scammed ticketholders might finally see some restitution for the biggest party that never was.A proposed settlement in federal bankruptcy court would give more than $7,000 apiece back to a few…
Johnson & Johnson sought help from its three rival Covid-19 vaccine makers to look into reports of blood clots, but Pfizer and Moderna both declined, the Wall Street Journal reported on Friday, citing people familiar with the situation. Only AstraZeneca…
The stock market is soaring and bond yields have pulled back after a big spike earlier this year. But make no mistake: Investors still have plenty to fret about when it comes to the threat of inflation.The US economy is…
The head of the Securities and Exchange Commission's highly-successful whistleblower program is stepping down at a delicate moment for the market watchdog.Jane Norberg is leaving the SEC on Friday, after presiding over a four-and-half-year period during which the whistleblower office…
General Motors and LG plan to build a new $2.3 billion plant to build batteries for electric vehicles, a key step toward the US automaker's goal of an all-electric future.The new plant, GM's second EV battery operation with LG, will…
The restaurant sector suffered millions of job losses during the pandemic. Many restaurant workers and bartenders were let go when restaurants closed their doors.Now, those jobs are starting to come back. But restaurant operators say they're struggling to staff up.We…
Bank of America's chief executive is the latest business leader to speak out about restrictive voting legislation in states such as Georgia and Texas, calling for a federal bipartisan commission to investigate the measures."The right to vote should be distributed…
Spurred on by renewed optimism about the post-pandemic recovery and a strong fear of missing out, investors keep pushing stocks higher.What's happening: The Dow Jones Industrial Average closed above 34,000 for the first time on Thursday as Wall Street celebrated…
For the second time this week, Dogecoin has hit a milestone. And this time around, it may be thanks to the world's richest man.The virtual currency, which features the face of a Shiba Inu dog as its logo, soared more…
Millions of people around the world are expected to tune into Prince Philip's funeral service on Saturday, which will be broadcast by major television networks and streamed online.The service honoring the Duke of Edinburgh will begin at 3 p.m. local…
A version of this article first appeared in the "Reliable Sources" newsletter. You can sign up for free right here.The podcaster and cultural critic Toure tweeted on Thursday, "We interrupt our coverage of the protests of the police murder of…
China just posted its strongest quarterly growth on record as the world's second largest economy continued its robust recovery from the coronavirus pandemic.GDP growth of 18.3% year-on-year in the first quarter was the strongest since China began keeping records in…
Regulators in Massachusetts are seeking to pull the plug on Robinhood just as the booming app aims to go public in a blockbuster IPO.The Massachusetts Securities Division escalated its months-long battle against the controversial startup Thursday by moving to revoke…
CBS is merging its national news division with its local TV stations and naming two executives to jointly run it all.Neeraj Khemlani is joining from Hearst and Wendy McMahon is joining from ABC. Both executives worked at CBS earlier in…
