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Was Biden's State of the Union address a success?

theweek.com President Biden this week delivered the second State of the Union speech of his presidency. The speech was unusually raucous in a setting typically marked by decorum, and…

CVS Health To Buy Oak Street, Making Up For High-Profile Fail

investors.com confirmed Wednesday it will buy Oak Street Health (OSH) for about $10.6 billion including debt, after losing a primary-care bidding war to Amazon.com (AMZN) last year. OSH…

WSJ ME Pensiero leaving paper next week

talkingbiznews.com Wall Street Journal managing editor Karen Pensiero sent out the following message on Wednesday: I’m leaving the Journal early next week after more than 37 years of…

Over 16 million taxpayers from states like California should hold off on filing their taxes because of extra stimulus checks, the IRS says

businessinsider.com FG Trade/Getty Images In 2022, some states opted to give residents checks or tax rebates to offset the cost of inflation. Now, the IRS is looking into those payments and…

Beyoncé's line with Adidas is reportedly struggling, driving home the challenge of filling the $2 billion hole left by Kanye West's Yeezy line

businessinsider.com The Wall Street Journal reported Beyoncé's Ivy Park line with Adidas is coming up short of projections. Adidas The Wall Street Journal on Wednesday reported sales for the…

Report: WBD will continue offering Discovery Plus after "Max" launches

thedesk.net (Logo courtesy Discovery, Inc./Graphic by The Desk) Warner Bros Discovery (WBD) has modified its plans to marry the content libraries of HBO Max and Discovery Plus later…

Discovery+ is sticking around. It's a strategy shift for Warner Bros. Discovery

cnn.com Warner Bros. Discovery, CNN’s parent company, has decided to continue offering the Discovery+ streaming platform in the United States, according to a source familiar with…

Transcript: Q&A With New York Fed’s John Williams at CFO Network Summit

wsj.com Federal Reserve Bank of New York President John Williams discussed the outlook for the labor market, inflation and interest rates during a live interview at The Wall Street…

Beyoncé’s Ivy Park Adidas Clothing Line Is Reportedly Losing Money For Sportswear Brand

forbes.com Beyoncé’s clothing line with Adidas, Ivy Park, missed internal sales projections by over $200 million last year, the Wall Street Journal reported Wednesday, though the…

US agencies seek tougher rules, internal probes on stock trading by federal officials

foxbusiness.com Several federal agencies are looking to tighten their ethics rules, while others have directed their internal watchdogs to investigate suspicious investing by officials, as…

The cities overshadowing Silicon Valley as new tech job mecca

foxbusiness.com Silicon Valley may be known as the technology Mecca, but layoffs in the industry by major California-based firms in recent months mean it has been dethroned as the best…

Pentagon Warns China Has More Nuclear Missile Launchers Than U.S. But There’s One Big Catch

forbes.com The Pentagon has warned lawmakers on Capitol Hill that China now has more ground-based facilities capable of launching nuclear missiles than the U.S., according to a new…

Newsom calls for federal probe into soaring natural gas prices

thehill.com called for an investigation into his state’s soaring natural gas prices in a letter sent on Monday to the Federal Energy Regulatory Commission (FERC). “Wholesale natural gas…

WSJ’s Day returning to the Associated Press

talkingbiznews.com Wall Street Journal data reporter Chad Day is returning to the Associated Press to be chief elections analyst. Day is the lead data reporter on The Wall Street Journal’s…

Newspapers dying? Ralph Nader's giving birth to one

marketbeat.com At age 88, Ralph Nader believes his neighbors in northwest Connecticut are tired of electronics and miss the feel of holding a newspaper to read about their town. → One…

Users have avoided Meta's metaverse flagship so far, so the company is looking to bring in teen users

fortune.com Horizon Worlds hasn’t exactly taken the real world by storm. Now, Meta’s flagship metaverse app is hoping to widen its audience, welcoming teens as young as 13 years old,…

Billionaire Ken Griffin wants to relocate a historic Miami home he purchased for $107 million. Preservationists say it could set a dangerous precedent

businessinsider.com Ken Griffin, the founder and CEO of Citadel. E. Jason Wambsgans/Chicago Tribune/Tribune News Service/Getty Images The billionaire Ken Griffin bought a historic Miami…

WSJ hires Naik as executive producer of YouTube

talkingbiznews.com Richa Naik has joined The Wall Street Journal as executive producer of YouTube. In her new role, she will help establish the editorial and creative vision for the Journal’s…

Carbon-Credit Raters Aim to Assess a Notoriously Opaque Market

wsj.com A new breed of credit raters wants to help companies make better sense of carbon offsets, which many businesses have shunned because of concerns about the reputational risk…

DeSantis, Florida GOP move to take control of Disney World special tax district, not dissolve it

theweek.com Republicans in Florida's House of Representatives introduced legislation Monday that would halt a plan to dissolve the special tax district set up for Walt Disney World, as…

Reality Checks In: "Indestructible" Retail Traders Who Made Millions During The Pandemic Are Now Tapped Out

zerohedge.com Reality Checks In: "Indestructible" Retail Traders Who Made Millions During The Pandemic Are Now Tapped Out All of a sudden the stock market "geniuses" that were minted…

The U.S. Political Class’s Attack on TikTok Is Much More Dangerous Than TikTok

forbes.com “Is there such a thing as a private company in China? I’m not sure there is.” Those are the words of GOP Rep. Mike Gallagher, who is heading up a new House committee that…

Google opens testing of ChatGPT rival, as artificial intelligence war heats up

foxbusiness.com Google is rolling out a new conversational artificial-intelligence service to a select set of testers, and plans a broader public launch in coming weeks, part of the…

Bed Bath & Beyond's 4 key bets that became its biggest blunders

businessinsider.com Bed Bath & Beyond is spiraling toward bankruptcy. Michael Santiago/Getty Images Bed Bath & Beyond's spiral toward bankruptcy is the result of four big missteps, Bloomberg…

Elon Musk says running Twitter, Tesla and SpaceX has been ‘extremely tough’ and ‘I’m worried about me too’

marketwatch.com That was Elon Musk tweeting about the toll the past few months have taken on him, in response to a Wall Street Journal article that reported the business mogul worth $184…

Meta Permitted to Buy VR Fitness Firm, Despite Monopoly Concerns

thewrap.com On Friday, Meta Platforms Inc. beat an antitrust lawsuit brought by the Federal Trade Commission over the acquisition of VR fitness firm Within – and now, the federal judge…

FTX’s in-house coach helped employees with stress, depression, and…dating

fortune.com When FTX collapsed last year and workers left the company in droves, one of the last to go was an employee you might not expect, FTX’s in-house coach George Lerner. Dr.…

The Sound Of Balloons Bursting

zerohedge.com The Sound Of Balloons Bursting By Michael Every of Rabobank The sound of balloons bursting POP! Go hopes for a US labour-market slowdown allowing a Fed pivot. Instead,…

Former WSJ reporter joining Semafor as global security editor

talkingbiznews.com A former Wall Street Journal reporter who was fired for what the paper believed was an unethical business dealing with a source has been hired by news startup Semafor as…

US Ban On Pot Users Owning Guns Ruled Unconstitutional

zerohedge.com US Ban On Pot Users Owning Guns Ruled Unconstitutional Another week, another defeat for the gun-grabbers: A federal law barring marijuana users from owning and possessing…

Sam Bankman-Fried's psychiatrist was hired at FTX to 'coach' and counsel employees, report says

businessinsider.com FTX CEO Sam Bankman-Fried attends a press conference at the FTX Arena in downtown Miami on June 4, 2021. Miami Herald/Getty Images SBF's personal psychiatrist was on staff…

How WWE's Vince McMahon ruthlessly got his job back despite allegations of sexual assault and misuse of company funds

cnn.com Professional wrestling is known for its outlandish, dramatic stories that have captivated generations. It’s an athletic soap opera built on emotional drama with wrestlers…

Prepping For War? Chinese Spy Balloon Belies Much Larger Economic Warning Signs

zerohedge.com Prepping For War? Chinese Spy Balloon Belies Much Larger Economic Warning Signs Submitted by QTR's Fringe Finance By now you probably know the Chinese spy balloon that, for…

Why are grad schools boycotting the U.S. News & World Report rankings?

theweek.com U.S. News & World Report's rankings of the nation's best colleges and universities have been at the pinnacle of educational excellence for decades. But with a growing number…

Southwest Airlines reducing minimum requirements for pilots: report

foxbusiness.com Southwest Airlines is reportedly reducing the number of hours prospective pilots must have spent flying jets and other turbine-powered aircraft. While the airline had…

Yes, Chinese Spy Balloons Flew Over The U.S. When President Trump Was In Office Too

forbes.com Talking heads on cable TV are up in arms about the Chinese spy balloon that’s currently floating across the continental U.S., last spotted over North Carolina. Conservative…

The Markup founder Angwin departing tech news site

talkingbiznews.com Julia Angwin, the co-founder and former editor in chief of tech news site The Markup, is leaving the news organization to pursue other projects. She has been an editor at…

China Helping Russia’s War With Ukraine With Military Aid—Violating Sanctions

forbes.com China is providing military aid to Russia in violation of U.S.-led sanctions placed by western countries, according to Russian trade data reported by the Wall Street…

The real scandal inside Facebook's cross-check program

platformer.news (Mariia Shalabaieva / Unsplash) Today, let’s talk about a new opinion from Meta’s Oversight Board that attempts to square a tension at the heart of any big social network:…

FTX CEO Says Exchange Could Restart Operations

thedefiant.io FTX’s FTT token soared Thursday following news the bankrupt exchange may resume operations. In an interview published Thursday morning, new CEO John Ray told The Wall Street…

Rupert Murdoch plans to replace Wall Street Journal editor with Brit

semafor.com News Corp. executives in London have told associates they expect the editor of the Sunday Times, Emma Tucker, to take the top editorial job at the Wall Street Journal.…

WWE’s Vince McMahon settles with ex-wrestling referee who accused him of rape

foxbusiness.com Vince McMahon, the executive chairman of Inc., has agreed to a multimillion-dollar legal settlement with a former wrestling referee who accused him of raping her in 1986,…

Activist Investor Ryan Cohen Buys a Stake in Nordstrom and Pursues Board Shakeup

observer.com Ryan Cohen, an activist investor and founder of Chewy, bought a “sizable stake” in Nordstrom and plans to shake up its board of directors, the Wall Street Journal reported…

Companies like Amazon, Walmart, and BlackRock that have pushed back against some parts of climate-disclosure rules might see one aspect eased

businessinsider.com SEC Chair Gary Gensler. Evelyn Hockstein/Pool via AP The Securities and Exchange Commission wants companies to disclose climate risks. Companies and others are pushing back…

“Meet People Where They Are”: Legacy Media Wants a Piece of That Gen Z TikTok Mojo

vanityfair.com In May of 2019, when a 28-year-old Washington Post video journalist named Dave Jorgenson thrust his employer to the vanguard of Gen Z media by inaugurating @washingtonpost…

Activision Blizzard pays SEC $35 million to settle probe

cnbc.com Video game developer Activision Blizzard agreed to pay a $35 million settlement over charges it failed to maintain "adequate" controls for assessing reports of workplace…

Amazon’s Prime Bundles Targeted in FTC Antitrust Push (Report)

thewrap.com The Federal Trade Commission is preparing a potential antitrust lawsuit against Amazon that targets multiple business practices, including the bundling practices it uses…

An homage to former WSJer David Rogers

talkingbiznews.com Jim VanderHei of Axios writes about former Wall Street Journal reporter David Rogers. VanderHei writes, “David redefined for me what it takes to be truly great: • Uncommon…

NYFWA to honor NY Times biz editor Pollock

talkingbiznews.com The New York Financial Writers’ Association will hold a special evening on March 8 honoring the 2021 recipient of the Elliott V. Bell Award, Ellen Pollock, the business…

U.S. FTC prepares potential antitrust lawsuit against Amazon

reuters.com The U.S. Federal Trade Commission is preparing a possible antitrust lawsuit against e-commerce giant Amazon.com Inc (AMZN.O), the Wall Street Journal reported on Friday,…

Nordstrom stock surges after report says activist investor Ryan Cohen bought a stake

cnbc.com Shoppers exit Nordstrom at the King of Prussia Mall on December 11, 2022 in King of Prussia, Pennsylvania. Shares of Nordstrom surged Friday morning following news that…

Netflix Touts the Co-CEO Model

thewrap.com Finding two CEOs who are exceptionally good and share the burden of decision making on a 50-50 basis in all areas is almost impossible,“ one expert says But now that…

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