Money

Staples is once again proposing to buy rival Office Depot in a $2.1 billion deal, five years after the US government squashed their prior merger agreement. The $40-per-share offer price for Office Depot’s parent company, ODP Corp., is a roughly 60% premium over its average closing price for the last 90 trading days. The all-cash

Fox News Channel is removing one of its only nighttime hours of news coverage and replacing it with a right-wing opinion show, signifying a further shift toward the incendiary programming that Fox viewers overwhelmingly prefer. The 7 p.m. hour, anchored by Martha MacCallum and called “The Story,” will become “Fox News Primetime” and will be

Ben & Jerry’s is already irresistible to most humans — and now, they’re looking to hook man’s best friend with a new line of dog treats. For the first time in the brand’s history, Ben & Jerry’s is now selling non-dairy frozen treats called “Doggie Desserts” in supermarkets and pet stores. The ice cream-like concoctions

Chinese search giant Baidu is teaming up with carmaker Geely to build electric vehicles, the latest move by a tech company to shape the future of the autos industry. Baidu is creating a company to manufacture intelligent electric cars, it said in a statement on Monday. Geely, the largest privately-owned carmaker in China, will invest

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. So many lies led up to last Wednesday’s riot in Washington. Now there are new lies being proffered on the right-wing web to defend the indefensible. And President Trump’s cheering section is desperately trying to

Journalists reported on violence and chaos in real time as rioters stormed the Capitol Wednesday, and some members of the media experienced the wrath firsthand. CNN’s Senior National Security Correspondent Alexander Marquardt and his crew were bombarded by insurrectionists as they covered the rowdy and violent crowd at the Capitol. “There’s more of us than

A sick brew of misinformation and hate, cooked up for years by pro-Trump media and enabled by Big Tech, culminated last Wednesday in the siege of the US Capitol, the symbol of American democracy. “The more research I did this week, the more I realized that Fox News shows and Facebook groups are just part

The Capitol insurrection didn’t come out of thin air: It was a result of rage and a web of delusion that many supporters of President Donald Trump are entangled in. “A web of delusion had real life consequences on Wednesday and it will continue to have real-life consequences,” CNN’s Chief Media Correspondent Brian Stelter said

Parler, the alternative social network popular with conservatives, has been banned by Apple, Google and Amazon. Despite its niche audience, Parler is surging in popularity. The platform became the most-downloaded app on the weekend of November 8 — the day major media outlets called the election for Joe Biden. But the platform has failed to

Telsa shares outperformed all other major stocks by a wide margin last year, rising 743%. So does that mean its incredible run is behind it? Maybe not. The first week of 2021 once again saw Tesla among the S&P 500’s best performers, rising 24.7%, just 1 percentage point behind market leader L Brands. The week’s

There are plenty of reasons to bet against the US dollar right now. Add the riots at the Capitol last week to the list. What’s happening: Political instability often weighs on currencies around the world, and the violence incited by President Donald Trump is unlikely to bolster confidence in the US dollar at a moment

Telsa shares outperformed all other major stocks by a wide margin last year, rising 743%. So does that mean its incredible run is behind it? Maybe not. The first week of 2021 once again saw Tesla among the S&P 500’s best performers, rising 24.7%, just 1 percentage point behind market leader L Brands. The week’s