News of Amazon.com Inc.’s department store plans sent a shudder through retail stocks just as some of the biggest names in the industry were reporting robust earnings, a signal that new challenges await in the beleaguered sector.
Amazon will open several physical locations that will compete with department stores, the Wall Street Journal reported Thursday, citing unidentifi…
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Employees at the LGBTQ dating company Grindr Inc. are petitioning to unionize, extending a wave of organizing among tech workers.
Workers filed a unionization petition with the U.S. National Labor Relations Board Thursday and announced the campaign to management during a previously scheduled all-hands Zoom. Pro-union staff say they’ve signed up the vast majority of a proposed bargai…
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Avocados will soon run out at smaller restaurants that don’t have the buying power of Chipotle Mexican Grill Inc.
For example, Salsarita&r…
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On a sweltering Sunday evening in late July, Klaydy Buchsbaum boarded a train bound for Vienna at Paris’s Gare de l’Est, slid open the door to compartment 412, tossed her hat onto the upper bunk for her overnight journey and got down to the serious work of maneuvering her oversized lavender suitcase into place. “Flights were so expensive, and with all the chaos in flying right…
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Barclays chief executive Jes Staley is one of the few high profile executives to lose their job due to links with the late sex offender and financier Jeffrey Epstein. Staley announced his departure from the bank Monday, following an investigation.
Barclays said that, after seeing the preliminary findings of a probe by British watchdog the Financial Conduct Authority (FCA), and “in …
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On a conference-room whiteboard in the heart of Silicon Valley, Jacob DeWitte sketches his startup’s first product. In red marker, it looks like a beer can in a Koozie, stuck with a crazy straw. In real life, it will be about the size of a hot tub, and made from an array of exotic materials, like zirconium and uranium. Under carefully controlled conditions, they will interact to produce h…
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An anonymous hacker attacked Amazon.com’s video game streaming platform Twitch and earlier today leaked a trove of critical data including Twitch’s source code and a spreadsheet detailing earnings for the platform’s top gamers.
Leaks on the social media platform 4Chan, popular among conspiracy theorists and gamers, claim to include the entirety of the platform’s Tw…
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Donald Trump’s sagging fortune is suddenly poised to get a massive boost from meme-stock mania.News late Wednesday that the former president’s nascent media enterprise, Trump Media & Technology Group, is planning to go public via a special purpose acquisition company has sent retail investors into a frenzy, even with few details released. The stock gain drove the implied value o…
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The explosion in working from home triggered by the pandemic is the biggest change to U.S. labor markets since World War II—and it is here to stay.
Working from home accounted for only 5% of all workdays before the pandemic. It was often disparaged as “shirking from home” or “working remotely, remotely working.” But now it’s common to find employees up …
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For the world to reach net zero emissions, huge fields of solar panels and towering wind turbines will need to cover vast tracts of the Earth. In much of the world, that means building in places where Indigenous people live and have rights to the land.
That’s the case in Australia, where development has sometimes been undertaken without the support from local communities. Mining fo…
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