A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Mueller and the information wars You would have been foolish to think that the Mueller report would unify the country around a common set of facts. That’s not how things work in 2019. As the…… MORE
Category Archives: CNN – Business
Marriott’s big bet on Asia: 300 new hotels, butlers on WeChat and 60-second check-in
Marriott has grand plans for Asia. The company is aiming to open two new hotels a week across the region this year, boosting its Asian property portfolio from about 700 to 1,000 by the end of 2020. The hotel chain is hoping to cash in on “the most exciting, dynamic market in the world,” chief…… MORE
Late night reacts to the release of the Mueller report
The Mueller report is finally out and late night hosts such as Jimmy Kimmel had a field day with it — or at least the non-redacted portions of it. “Say what you will about this president, he has Americans reading again,” Kimmel said on ABC’s “Jimmy Kimmel Live!” on Thursday night. Special counsel Robert Mueller’s…… MORE
Sarah Sanders admitted she lied to the White House press. Does she have any credibility left?
“Not founded on anything” is the new “alternative facts.” The term applies to White House press secretary Sarah Sanders and her misleading statements from the press briefing room podium. Now some prominent journalists are questioning whether she should remain in her job. Robert Mueller’s report confirms that Sanders simply made it up when she said…… MORE
Sears sues former CEO Eddie Lampert for ‘thefts’ of company assets
The remains of defunct Sears Holdings is suing Eddie Lampert, the man who was its previous CEO and primary shareholder, alleging he improperly stripped the company of assets as it hurdled toward bankruptcy. Lampert was able to buy the operating assets of Sears in a bankruptcy court auction earlier this year, keeping a portion of…… MORE
Trump called some Russia scoops ‘fake news’ but Mueller report shows they were very real
In January of 2018, after the New York Times reported that President Trump had ordered the firing of special counsel Robert Mueller, Trump responded in characteristic fashion. “Fake news, folks,” Trump said at the time. “Fake news. A typical New York Times fake story.” The White House disputed the accuracy of another explosive story from…… MORE
Here’s why McDonald’s is ditching its fancy burgers
McDonald’s is streamlining its menu by revamping its Quarter Pounder and abandoning its craft burgers. The company said Wednesday that it will “move away” from its Signature Crafted Recipes line — which includes items like a mushroom and swiss cheese burger and one with bacon, cheddar and fried onions — on its national menu to…… MORE
Netflix to open production hub in New York City
Netflix is opening a production hub in New York City that will bring “up to $100 million in investments to the city,” New York Governor Andrew Cuomo announced Thursday. The streaming video company’s new Manhattan offices will take up approximately 100,000 square feet in New York’s Flatiron District. These offices will house 127 new jobs…… MORE
National Enquirer reportedly sold for $100 million
The supermarket tabloid National Enquirer has reportedly been sold to the scion of a company known for its newsstands at airports across North America. James Cohen, who comes from the family that started Hudson News, a travel retailer at airports in the United States and Canada, has reportedly agreed to buy the troubled publication for…… MORE
The new Silicon Valley IPOs are flashy and slick. But will they deliver for investors over the long term?
Lyft may be a clunker of a stock so far. But that isn’t stopping a parade of other Silicon Valley unicorns from going public. Image sharing social network Pinterest and video conferencing company Zoom both started trading Thursday after pricing their offerings above their initial range. Both stocks soared. And Lyft archrival Uber is expected…… MORE
