Money

Alexi McCammond is out as editor-in-chief of Teen Vogue even before officially starting, she and the magazine’s owner announced Thursday. The announcement of her appointment to the job had sparked outrage from the publication’s staffers and readers as well as some celebrities because of anti-Asian and homophobic tweets she posted a decade ago. “I became

A new, more contagious and potentially more deadly variant of the coronavirus is spreading across the US, and health officials are worried. The B.1.1.7 variant, first spotted in the UK, is not only more easily transmitted, but it also appears to be more deadly. Dr. Anthony Fauci warned about it Friday in a White House

After helping to furnish your home office in 2020, Amazon now wants to help provide your healthcare. The tech giant is expanding Amazon Care — which currently provides its Washington-based employees with access to virtual and in-person health services — to its workers nationwide. And it plans to offer the service to other companies as

Federal regulators said Friday they won’t extend a Covid relief provision granted to big banks, dashing Wall Street’s hopes for an extension. JPMorgan Chase, Wells Fargo and other big bank stocks retreated on the news, helping to drive the Dow down as much as about 300 points, or 1%. US Treasury yields also crept higher,

Federal regulators said Friday they won’t extend a Covid relief provision granted to big banks, dashing Wall Street’s hopes for an extension. JPMorgan Chase, Wells Fargo and other big bank stocks retreated on the news, helping to drive the Dow down as much as about 300 points, or 1%. US Treasury yields also crept higher,

After months of sporting the “casual look” — in some cases surrendering fully to our inner shaggy and shabby — consumers are itching to trim, wax and glue their way back to their glorious pre-pandemic selves. Service providers for body waxes, eyelash extensions and one-hour shampoo and blowout combos say their business has revved up

The makers of the Pfizer/BioNTech coronavirus vaccine are “turning every stone” to scale up production capacity as Europe continues to suffer from a deficit in vaccine supply. In an exclusive interview with CNN, BioNTech co-founder and chief medical officer Özlem Türeci said the company is “continuously reevaluating how the target we have already set could

Despite taking a hit from lousy, snowy weather in February, FedEx is thriving thanks to online shopping. Shares of FedEx soared more than 6% Friday after the shipping giant reported earnings and revenue for its latest quarter that easily topped forecasts and provided a healthy outlook for 2021. Sales increased more than 20% in the

Fort Lauderdale, Florida tourists may be just a few years away from arriving at the beach in a Tesla driven in a tunnel, provided that Elon Musk can deliver, even with Florida’s tricky geology. Local leaders are in talks with Elon Musk‘s The Boring Company to build a two-mile tunnel underground from downtown to the

A workplace survey from a group of junior analysts at Goldman Sachs is about to make you feel a lot better about your job. About a dozen first-year analysts say they are working more than 95 hours a week on average, sleeping just five hours a night and enduring workplace abuse. The majority of them

The pandemic exposed the huge inequities baked into the global economy. That could make for a tense string of annual meetings this spring, as companies ask shareholders to approve millions of dollars in compensation for executives. What’s happening: This week, Sen. Bernie Sanders introduced legislation that would tax companies believed to be overcompensating top brass,

Starbucks shareholders voted against the company’s CEO pay proposal in a rare move that may indicate some shareholders think the chief executive is overpaid. The news was first reported by the Wall Street Journal following Starbucks’ annual shareholder meeting. Starbucks confirmed the results of the vote to CNN Business. Starbucks CEO Kevin Johnson earned a

US stocks were poised to rebound on Friday as investors shrugged off an overseas sell-off and inflation fears receded. Dow futures were last up 27 points or 0.1%. S&P 500 futures increased 0.2% and Nasdaq futures gained 0.5%. Wall Street stumbled on Thursday, with energy and tech stocks selling off, and the 10-year Treasury bond

When Katerina Horwitz started out as a social media influencer in 2016, she didn’t earn much money beyond a handful of sponsored posts. A few years later, Horwitz and her husband Yinon quit their day jobs, started a joint Instagram account and got creative with monetizing their 400,000 followers, including selling their own photo filters

It’s hard to imagine a more disastrous IPO rollout than the past few months for Robinhood. Regulators accused the app-only brokerage of deceiving customers, its CEO was hauled before Congress and Michael Bolton appeared in a viral video about the trading platform’s controversial business model. Robinhood’s GameStop trading restrictions sparked such an uproar that Senator

Asian markets tumbled on Friday as investors appeared to be jolted by several issues, from the continued prospect of rising inflation to a volatile US-China meeting and stubborn coronavirus flare-ups in Europe. China’s Shanghai Composite lost 1.7%, while Japan’s Nikkei 225 fell 1.4% and South Korea’s Kospi dropped 0.9%. Hong Kong’s Hang Seng Index fell