BAT’s E-Cigarette Vuse Gets FDA Authorization
The U.S. Food and Drug Administration authorized British American Tobacco Plc’s e-cigarette Vuse and its tobacco-flavored pods, the first major e-cigarette products cleared in a sweeping review…
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Exclusive- Intel Reveals Plans for Massive New Ohio Factory, Fighting the Chip Shortage Stateside
As part of an effort to regain its position as a leading maker of semiconductors amidst a global chip shortage, Intel is committing $20 billion to build…
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Clubhouse CEO Says the Once-Hot Startup Grew ‘Way Too Fast’
Clubhouse, the audio-only app designed to be a virtual conference hall, generated heavy buzz during the peak of the pandemic and received a $4 billion valuation earlier…
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Meta Will Require COVID-19 Boosters for Employees
Facebook parent company Meta Platforms has delayed plans to bring employees back to the office, and will require those who do come back to have a booster…
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Here’s What We Know About Mark Zuckerberg’s Net Worth
Mark Zuckerberg’s finances are once again garnering attention, following a landmark win for Meta, the parent company of Facebook, of which he co-founded and serves as the…
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Here Are the Biggest Companies Distancing Themselves From Russia
As governments around the world have responded to the Ukraine crisis with sanctions and attempts to put pressure on oligarchs, an increasing number of businesses are taking…
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How One Small Business Found Sweet Success During the Pandemic
The three brothers gathered in their Bronx living room to talk through their options. It was approaching midnight at the end of another long day. They had…
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Miss Universe Plans to Become Reality Show
Miss Universe, which has suffered a dramatic ratings decline in the last five years—and some big reputational hits more recently—has a new owner, Anne Jakapong, who will…
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Musk’s Starlink Used by Sudan Paramilitary Group
Elon Musk’s Starlink satellite internet service is being used by Sudan’s paramilitary Rapid Support Forces amid a nationwide internet blackout that humanitarian agencies say is preventing people…
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U.S. Food Prices Are Up. How Monopoly Power Makes this Worse
2021 was a bad year for grocery bills. Shoppers paid 6.4% more for groceries in November 2021 compared to November 2020, according to the consumer price index….
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