Skip to Content

Money

BBC apologizes after report finds it used deceitful methods to secure Diana interview

The BBC has offered an unconditional apology after a report found a prominent journalist used “deceitful” methods to secure a landmark interview with Princess Diana as her marriage broke down. BBC journalist Martin Bashir conducted the career-defining interview with Diana in 1995, in which she detailed the breakdown of her relationship with Prince Charles. BBC

Continue Reading

Bitcoin bounces back but the crypto turmoil isn’t over

The cryptocurrency market stabilized Thursday, with bitcoin climbing back above $40,000. Even so, the world’s largest digital currency has lost more than 30% in market capitalization since its peak in mid-April. The wider crypto market looks similarly bruised. Several digital currencies are still showing double-digit percentage losses from where they were before the latest turmoil.

Continue Reading

Panera cafes are getting a whole new look

Panera, the sandwich and bakery chain, is following its peers with a pandemic-induced redesign that doubles down on digital ordering and drive-thrus. Digital features are heavily emphasized in the restaurant redesign, which Panera said Thursday is a “modern experience to serve today’s guest.” That means computerized menus are replacing low-tech menu boards and the locations

Continue Reading

Beware the Fed’s asset price ‘monsters’

Change is hard. Sometimes, talking about change is hard. But for anxious investors, even talking about talking about changes to the Federal Reserve’s stimulus program proved difficult on Wednesday. What happened: The minutes from the central bank’s April policy meeting revealed that several officials think the robust US economic recovery means the Fed should review

Continue Reading