Warren Buffett’s Berkshire Hathaway rebounds from pandemic with $11.7 billion profit
Warren Buffett’s Berkshire Hathaway returned to profitability in the first quarter of this year after reporting a nearly $50 billion loss…
Continue ReadingCNN – Business/Consumer
Eli Broad, LA philanthropist for the arts and education, dies at 87
Eli Broad, an entrepreneur and businessman known for creating two billion-dollar businesses and establishing the iconic Broad Museum in Los Angeles,…
Continue Reading Dining out is back, as America gets vaccinated
Across the country, Americans are getting vaccinated. States and cities are loosening pandemic-related restrictions. And people are heading back to…
Continue Reading Peloton is rolling out fans’ most-requested features
Peloton has found its polish slightly fading this year after a prosperous 2020 that catapulted the fitness company into a new stratosphere of…
Continue Reading People are dining out almost like it’s pre-pandemic times again, OpenTable data shows
Across the country, Americans are getting vaccinated. States and cities are loosening pandemic-related restrictions. And people are heading back to…
Continue Reading Peloton is rolling out fans’ most-demanded features
Peloton has found its polish slightly fading this year after a prosperous 2020 that catapulted the fitness company into a new stratosphere of…
Continue Reading People are ready to have sex again: Condom sales are surging
Condom sales have been in a slump during the pandemic as people sheltered at home and put their sex life on hold. But now, as more Americans are…
Continue Reading Europe’s recession deepened in the first quarter but the recovery is underway
Europe fell deeper into recession in the first three months of the year, but the region’s economy is already turning a corner and looks set to…
Continue Reading These TikTok stars built a VC firm backed by Anthony Scaramucci and the Winklevoss twins
Social media influencers have enormous power to set trends, create overnight sensations and broadly define what’s cool. Josh Richards, a…
Continue Reading Why Amazon is the ‘perfect’ moneymaking machine
Throughout the pandemic, Amazon has had no trouble generating huge returns. Once the Covid-19 crisis passes, it’s in great shape to make even…
Continue Reading Joe Rogan addresses his controversial anti-vaccine comments
Joe Rogan, Spotify’s top podcast host, responded to the controversy surrounding his remarks that healthy young people should not get the Covid…
Continue Reading Biden’s first address to Congress wasn’t immune to TV ratings erosion
The television ratings for President Joe Biden’s first address to a joint session of Congress were far weaker than the equivalent events by…
Continue Reading New York City sues Chipotle, alleging hundreds of thousands of labor law violations
New York City is suing Chipotle Mexican Grill, alleging that the company violated a law that requires fast food chains to give their employees more…
Continue Reading Jimmy Kimmel’s interview with the MyPillow CEO got pretty weird
Jimmy Kimmel has interviewed many eccentric guests as the host of “Jimmy Kimmel Live!” over the years, but one of his most surreal…
Continue Reading The world doesn’t have enough computer chips. That’s bad news for you
In the market for a new car, smartphone or washing machine this year? A global shortage of computer chips could mean you have to wait a while and pay…
Continue Reading This fast food chain is now one of the most diverse workforces in America — except for its top executives
Shake Shack has emerged as one of the most diverse employers in America after hiring more than 1,000 people in 2020. But the premium burger…
Continue Reading Biden at 100 days: Hottest stock market since JFK
The Biden bust that the Trump campaign warned of has morphed into a Biden boom. The S&P 500 is up 8.6% since the market close on January 20, the…
Continue Reading This fast food chain is now one of the most diverse workforces in America — except for its executives
Shake Shack has emerged as one of the most diverse employers in America after hiring more than 1,000 people in 2020. But the premium burger…
Continue Reading The global chip shortage has come for iPads and Macs
Even America’s biggest company can’t save itself from a global shortage of crucial computer chips. What’s happening: Apple just had…
Continue Reading America’s economy is rebounding. But it is still in a deep hole
America is emerging from the worst of the pandemic, and that will mean some eye-popping figures when the government releases economic growth data…
Continue Reading