Money

Two top TV executives at CBS have left the network two months after being suspended for allegations that they created a toxic work culture which included racist and misogynistic behavior. CBS placed Peter Dunn, president of CBS television stations, and David Friend, senior vice president of news for television stations, on leave in January following

Costco diehards, don’t fret: The beloved food court, known for its $1.50 hot dog and soda combo and giant menu boards, is coming back to life, albeit slowly. Costco shut down seating areas in food courts when the pandemic spread through the United States last March. It pared back the menu to hot dogs and

Snap and Twitter are among a group of investors that have just poured half a billion dollars into Mohalla Tech, an Indian startup that owns social media platform ShareChat as well as Moj — a TikTok-like app that has soared in popularity since the Chinese original was banned in India last year. The $502 million

Artificial intelligence systems are often criticized for built-in biases. Commercial facial-recognition software, for instance, may fail when attempting to classify women and people of color. In an effort to help make AI fairer in a variety of ways, Facebook is rolling out a new data set for AI researchers that includes a diverse group of

When the doors open at the Blake Street Tavern every day, owner Chris Fuselier is looking for customers and looking for ketchup packets. “Absolutely,” the Denver restaurateur says. “In hindsight, if you’d have asked me eighteen months ago would I have concerns about ketchup shortages, I would have said ‘Are you crazy?’” But since then,

Costco diehards, don’t fret: The beloved food court, known for its $1.50 hot dog and soda combo and giant menu boards, is coming back to life, albeit slowly. Costco shut down seating areas in food courts when the pandemic spread through the United States last March. It pared back the menu to hot dogs and

Claims for unemployment benefits recently fell to a pandemic-era low. But they rose again last week, muddying the picture of the US jobs recovery. Another 744,000 American workers filed first-time claims for unemployment benefits on a seasonally adjusted basis, according to the Labor Department. It was an increase from the week before, but more notably,

When the doors open at the Blake Street Tavern every day, owner Chris Fuselier is looking for customers and looking for ketchup. “Absolutely,” the Denver restaurateur says. “In hindsight, if you’d have asked me eighteen months ago would I have concerns about ketchup shortages, I would have said ‘Are you crazy?’” But since then, Fuselier

For years, world leaders have been trying to launch a historic overhaul of global tax rules, aiming to tackle an unwieldy system rife with loopholes long exploited by big business. That goal may finally be in sight. The Biden administration’s decision to back a global minimum corporate tax rate while it pushes a massive $2

Norwegian Cruise Line wants to start US cruises again on July 4, and it’s willing to require all passengers and staff to be vaccinated before it sets sail. Norwegian, which despite its name is a US-based company, sent a letter Monday to the Centers for Disease Control and Prevention, notifying it of its proposal. It’s

Americans have long had a love affair with big SUVs that can carry more people and stuff than they usually need to transport and go much further than most of us drive in a day. But now there’s a number of start ups that are betting they can sell car shoppers on vehicles that offer

America’s economy could be heading for a golden era of growth. But higher prices and the coronavirus pandemic still present risks. What’s happening: “It is possible that we will have a Goldilocks moment — fast and sustained growth, inflation that moves up gently (but not too much) and interest rates that rise (but not too

Tencent’s biggest shareholder has sold $14.7 billion worth of shares in the Chinese social media and gaming giant, and will use the money to invest in other growth ventures. Prosus, a spin-off by South African media and internet investment firm Naspers, sold a 2% stake in Tencent for 114.2 billion Hong Kong dollars ($14.7 billion),

Roughly 2,000 United Airlines food service workers are worried they might be laid off before the end of the year, despite the airline receiving billions in Covid relief funds and agreeing to pay millions in bonuses to its top executives. An estimated 900 United catering workers and their supporters staged protests against the airline on

It reads a bit like the plot of a bizarre Hollywood-centric screenplay: Small-time actor Zachary Horwitz was arrested Tuesday for allegedly running a multi-million dollar Ponzi scheme that involved raising funds from investors who thought their money was being used to buy and license film rights, according to a statement from the Justice Department. Horwitz

Best Buy has a new plan to hold on to shoppers in the crowded electronics market. The retailer said Wednesday that it was piloting a $199.99 annual membership program with free device installations, a concierge service for tech support and other perks. The program, Best Buy Beta, will be available at around 60 Best Buy

Got a designer bag in your closet? One chain hopes you’ll walk into one of its new shops and give it up for the right price. Demand for secondhand goods is booming right now, and online luxury reseller The RealReal is looking to cash in. So it’s taking an approach to boost supply that isn’t

Black business leaders’ efforts to stop voter suppression in the wake of Georgia’s recently enacted voting bill illustrate the vanishing separation between protest and politics in America today. They also embody the work of Georgia’s most famous civil rights activist, Dr. Martin Luther King Jr. Over 70 Black executives, led by former American Express CEO