Despite what Pete Davidson's rap spoof suggests, NFT isn't just for crazy kids with cash to burn. You want proof? You can buy them at Sotheby's.The market for the unique digital collectibles remains volatile, but Sotheby's has given the NFT…
The UK's public broadcaster, the BBC, received over 100,000 complaints over the level of coverage of Prince Philip's death, the network said Thursday.Figures made available by the BBC showed 109,741 complaints had been made, as of Thursday, "driven by reaction…
The Biden administration is punishing Russia for its interference in the 2020 US election and cyberattacks by hitting Moscow where it hurts the most: the ruble.The Treasury Department announced Thursday that starting June 14, US banks will generally be banned…
Reese's is launching its own makeup line — and no, it's not edible.The candy brand is teaming up with makeup company HipDot for a limited-edition collection that includes a eye shadow palettes in "milk chocolate" and "white chocolate" with six…
Disney is striving to make its theme parks — "The Happiest Place On Earth" — more inclusive.In a blog post this week, the chairman of Disney's parks division Josh D'Amaro committed to updating attractions, modernizing the parks' values and, perhaps…
Since the pandemic hit the US airline industry last March, major carriers have been burning through millions of dollars a day. For Delta Air Lines, at least, that ended last month.The company reported it lost $2.3 billion in the first…
Ark Invest's Cathie Wood, known for her bullishness on momentum stocks, especially Tesla, is making another big bet: This time, on Coinbase Global.Three of Ark's funds bought a combined $246 million stake in the cryptocurrency giant on its first day…
Retail sales surged in March as federal stimulus checks bolstered wallets and the rollout of Covid-19 vaccines boosted spending at stores.The Commerce Department said Thursday that retail sales soared a seasonally adjusted 9.8% in March compared with the month prior.It…
Cryptocurrency backers have spent years insisting that bitcoin, ethereum and other digital coins could revolutionize the world of finance. Finally, they're getting their moment.What's happening: The Wall Street debut of cryptocurrency exchange Coinbase on Wednesday was a massive success, with…
JPMorgan Chase CEO Jamie Dimon is bullish about the economy, but he remains concerned about the growing wealth gap, particularly for Black people, in the United States."The American dream is fraying and income inequality is like the fault line," Dimon…
A version of this article first appeared in the "Reliable Sources" newsletter. You can sign up for free right here.Being the president of a broadcast TV news division: Is it a dream job or a dreadful job? A president is…
Kroger wants to sell you more groceries online. And to do that, it's banking on a strategy that's drawing some skepticism on Wall Street.Kroger this spring is opening a $55 million, 375,000 square-foot fully automated distribution center outside Cincinnati in…
Kimberly Godwin is about to make history -- as the incoming president of ABC News, she'll be the first Black executive to run one of America's major broadcast network newsrooms.ABC's parent company, Disney, announced Godwin's appointment on Wednesday. She will…
McDonald's is requiring anti-harassment training across all 39,000 of its restaurants, the company said Wednesday.The trainings, among other measures, are designed to hold up a new set of brand standards, which focus on preventing harassment, discrimination and retaliation, preventing violence…
Dollar General plans to hire 20,000 workers this spring as the discount chain continues its expansion during the pandemic.The company said Wednesday it's looking to hire full- and part-time workers in stores and distribution centers, as well as drivers for…
The billionaires club got bigger Wednesday with Coinbase CEO Brian Armstrong joining the coveted coven.He runs the cryptocurrency exchange company that went public at a valuation of about $100 billion. That turned Armstrong into an instant mega-billionaire: His roughly 40…
The Fast & Furious series has pulled off a lot of stunts during its 20 year run.In "Furious 7," Dwayne "The Rock" Johnson's character flies an ambulance off a bridge and into a drone. In "Fast Five" cars drag a…
HSBC will move four of its most senior executives to Hong Kong later this year, as the London-based bank focuses more attention on fast-growing markets in Asia.CEO Noel Quinn said in an internal memo on Wednesday that Barry O'Byrne, head…
Conservative lawmakers concerned by the growing list of major corporations taking progressive stances on hot-button political issues should expect more of the same for the foreseeable future.So says Lisa Osborne Ross, who next month will become the first Black person…
Busch is sniffing around for a new CTO — "chief tasting officer" — and it wants your very good boy to apply.The beer brand is expanding its "Dog Brew," a canine-friendly, alcohol-free bone broth it launched last year. According to…
