Money

Budweiser’s Clydesdale horses have become synonymous with the Super Bowl. But this year, they’re getting a rest: For the first time in 37 years, the beer company isn’t advertising during the Super Bowl. Instead, Budweiser is shifting the money that would’ve been spent on the commercial slot — a reported $5.6 million for the February

The European Union is calling out vaccine makers AstraZeneca and Pfizer over delivery delays that could slow its recovery from the pandemic. Officials are even threatening to take legal action and introduce export controls on doses produced in the bloc as anger mounts. AstraZeneca will not be able to deliver as many doses of its

Leon Black will step down as CEO of Apollo Global Management, the investment firm said, as it also announced that an internal investigation into Black’s ties to Jeffrey Epstein found no wrongdoing. Black will retire by the end of July and will be succeeded by Marc Rowan, a co-founder of the private equity firm, as

China wants to lead the global recovery from the pandemic and become more influential on the world stage than ever before. It might just have the momentum — and the confidence — to pull that plan off. The world’s second largest economy shrugged off much of the fallout from the Covid-19 pandemic last year, and

GameStop is expected to lose money this year and next year. Sales growth is sluggish as fewer gamers need to go to stores — or even shop online — when they can download new titles directly from their consoles, PCs, phones or tablets. So why are shares of the video game retailer up more than

A short-form video app that competes with the Chinese version of TikTok is preparing for what is expected to be the world’s largest initial public offering since the coronavirus pandemic began. Kuaishou, a tech company based in Beijing, is seeking to raise as much as $6.2 billion in a stock market listing in Hong Kong,

An important heads-up for iPhone owners: Apple is warning customers that its smartphones could interfere with medical devices, including pacemakers. In a notice published on Apple’s support page Saturday, the company expanded upon previously issued safety information, warning users that iPhones contain magnets and radios that emit electromagnetic fields, both of which “may interfere” with

It’s 27 degrees where I live just north of New York City, but I’m taking a walk up a mountain with pop star Shawn Mendes in Griffith Park in Los Angeles. Unlike me, hands in pockets, mask giving me a little extra warmth, Mendes says hello to the people he walks by, in between reflections

Twitter on Monday launched Birdwatch, an experiment that relies on the social network’s users to provide context to tweets and to combat misinformation. The tool, which Twitter described as a community-driven pilot project, allows participating users in the United States to create “notes” for a given tweet that will exist for now on a separate

It was a volatile day on Wall Street, where stocks suddenly tumbled mid-morning before bouncing back. Investors have a lot on their minds: President Joe Biden’s stimulus plan is facing criticism from lawmakers concerned about the deficit, a deluge of corporate earnings is on tap and drug maker Merck pulled its Covid-19 vaccine plans. Meanwhile,

Chinese President Xi Jinping has called for a return to multilateralism, with leaders working together to put the global economy back on track, in his first speech since his US counterpart, Joe Biden, took office. Speaking at the Davos Agenda event hosted by the World Economic Forum (WEF) on Monday, Xi urged increased global cooperation

An important heads-up for iPhone owners: Apple is warning customers that its smartphones could interfere with medical devices, including pacemakers. In a notice published on Apple’s support page Saturday, the company expanded upon previously issued safety information, warning users that iPhones contain magnets and radios that emit electromagnetic fields, both of which “may interfere” with

Adam Aron is in a surprisingly good mood for a CEO of a struggling theater chain that recently said it might not make it through the winter. But the AMC Theatres CEO was jovial because his fortunes recently changed. The world’s largest movie theater company announced Monday it had raised $917 million of new equity

It’s a volatile day on Wall Street, where stocks suddenly tumbled mid-morning before bouncing back. Investors have a lot on their minds: President Joe Biden’s stimulus plan is facing criticism from lawmakers concerned about the deficit, a deluge of corporate earnings is on tap and drug maker Merck pulled its Covid-19 vaccine plans. Meanwhile, various

It’s a volatile day on Wall Street, where stocks suddenly tumbled mid-morning. Investors have a lot on their minds: President Joe Biden’s stimulus plan is facing criticism from lawmakers concerned about the deficit, a deluge of corporate earnings is on tap and drug maker Merck pulled its Covid-19 vaccine plans. Meanwhile, various trading platforms appear