Netflix sends 'Culture Memo' to woke employees, saying they can work elsewhere

A new memo to Netflix employees says they can't "censor specific artists or voices" The memo comes after many of the company's employees complained about comedian Dave Chappelle's use of the...

Netflix Puts Its Woke Employees On Notice With Blunt Memo

Netflix published its first corporate culture memo update in nearly five years Thursday. The memo reportedly added a new section called “Artistic Expression,” that explains to employees that even...

Wholesale inflation climbs 11% in April, remaining near 40-year high

Wholesale prices accelerated more than expected in April. Strong consumer demand, pandemic-related supply chain snarls and the Russian war in Ukraine were factors. The Labor Department said its...

Nylah Anderson, 10, Died from TikTok's 'Blackout Challenge'

10-year-old Nylah Anderson choked herself to death to take part in TikTok’s viral “Blackout Challenge,” her mother alleges. The mother sued TikTok and its owner ByteDance in the Eastern District...

As Americans get hammered by roaring inflation, 80 senators vote to confirm Federal Reserve chair Jerome Powell to...

The Senate voted 80-19 in favor of confirming Jerome Powell to a second term as chair of the Federal Reserve. While lawmakers from both parties voted to confirm Powell, there were also senators on...

Texas power grid operator asks customers to conserve electricity after six plants go offline

The Electric Reliability Council of Texas lost roughly 2,900 megawatts of electricity. That's enough to power nearly 600,000 homes. CEO Brad Jones said the unseasonably hot weather was driving the...

MSNBC's Stephanie Ruhle has no sympathy for crypto investors

Stephanie Ruhle says if you lose your shirt, hope you got a six-pack. “The 11th Hour” host also told crypto investors not to expect any government help or relief. "The entire basis of crypto is...

It’s Time To Call Algorithmic Stablecoins Something Else, Says FTX Crypto Exchange CEO Sam Bankman-Fried

FTX founder Sam Bankman-Fried says stablecoins should have separate and better-refined definitions. Comes after two top cryptos suffered staggering losses this week. Luna Foundation Guard’s...

Baby formula boss warns crisis will last ALL YEAR as Biden claims it will be eased in weeks

CEO of Irish-American firm Perrigo said he expects shortages and heightened demand to last for the 'balance of the year' He said factories in Ohio and Vermont were working at 115pc capacity to...

US wholesale prices surge 11% in April as food costs soar

Wholesale inflation remained painfully high at 11% in April, report said. It was a slight decrease from the 11.5% rate in March but still near record highs. Soaring food costs are helping drive...

ERCOT Asks Texans to Conserve Power Until 8 P.M., Through the Weekend

"Unseasonably hot weather" was driving record demand across Texas. ERCOT asks all Texans to curb power usage where they can, including raising their thermostat to 78 degrees or higher between the...

Bitcoin's crashing. The Biden administration wants to keep it out of your 401(k)

The Biden Labor Department has warned Fidelity that its foray into volatile crypto markets could endanger future retirees. A move by Fidelity Investments to let retirement savers add Bitcoin to...

The Brilliance of Yield Farming, Liquidity Providing and Valuing Crypto Projects

I’m going to make this as simple and straight forward an explanation as I can. Yield Farming via Staking and Liquidity Providing are a core feature of most, if not all Decentralized Finance (DeFi)...

Frontier to leave Delaware without commercial flights

Frontier Airlines is ending its service to and from the New Castle Airport. Delaware will once again be the only state without commercial airline service. "Sufficient demand did not materialize to...

Cramer's game plan for the trading week of May 16

CNBC's Jim Cramer previewed next week's roster of earnings and gave his thoughts on the reporting companies in Friday's episode of "Mad Money."

Texans asked to conserve power as 100-degree heat hits some regions

The Brief is a daily newsletter that keeps readers up to speed on the most essential Texas news. Sign up for The Brief, our daily newsletter, to be delivered to your in-box every day. Click here...

Moderna Says It Wasn’t Aware of Investigation Into Its New CFO

Moderna Inc. released new details about the abrupt departure of Chief Financial Officer Jorge Gomez. Biotechnology company says that its vetting of Jorge Gomez was thorough. Moderna says it didn't...

Gold price heads for the worst week in 11 months, but is the market oversold?

Gold is set to close the week down around 4%, its worst weekly close since mid-June 2021. Gold was hurt by technical selling pressure after dropping below the $1,830 an ounce Thursday. The...

Hyundai plans $7B new US plant: report

Hyundai Motor Group will announce plans next week to build a $7 billion electric vehicle plant outside Savannah, Georgia, a U.S. official says. The official said the South Korean automaker is...

Twitter CEO Parag Agrawal says he fired key execs due to 'challenging' economy

ERCOT urges Texans to conserve power over the weekend as 6 power generation facilities go offline

ERCOT urges customers to conserve energy for a five-hour peak period on Saturday and Sunday. Six power generation facilities tripping offline resulted in the loss of 2,900 megawatts. With soaring...

Netflix tells staff to LEAVE if they're offended by its content

Netflix cracks down on woke workers! The streaming service has been cracking down on its workers. Netflix has been crack down on their workers. The service has also been cracking Down on its...

Deeply sorry’ Alaska CEO: Flight cancellations to continue

Alaska Airlines CEO says high level of flight cancellations since April will continue. Ben Minicucci says stability should return in June. Of the 1,200 flights that we operate every day, we’ve...

Baby Formula Industry Lobbied to Weaken Safety Standards

Abbott Nutrition facility in Sturgis, Michigan, shut down in February. The stoppage stemmed from a bacterial outbreak whose effects would be felt months later. Starting last September, five babies...

All Business News on a Single Page. Join for Free →