Jaime Macias could hardly have opened his bar and restaurant, Jaime’s Place, at a worse time. In the weeks before his scheduled grand opening in October 2020, COVID-19 ran rampant through San Antonio. Restrictions had shuttered the doors of bars and restaurants, and Macias’ own Latino community was particularly hard hit, with people dying at higher rates than the overall population.…
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(The interview below was delivered to the inbox of Leadership Brief subscribers on Sunday morning, June 6. To receive weekly emails of conversations with the world’s top CEOs and business decisionmakers, click here.)
When a former Democratic Secretary of the U.S. Treasury raises alarm bells about the potential harmful consequences of the current President’s economic p…
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Bloomberg — Dogecoin rose as much as 31% after Twitter users noticed their home buttons changed into the dog meme after which the cryptocurrency is named.
Some Twitter users began to find the home button in the top left corner of their web browsers — usually the company’s solid blue bird logo — replaced with a cartoon of the Shiba Inu that’s the face of the D…
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WILMINGTON, Del. — The Biden administration announced on Monday that 20 internet companies have agreed to provide discounted service to people with low incomes, a program that could effectively make tens of millions of households eligible for free service through an already existing federal subsidy.
The $1 trillion infrastructure package passed by Congress last year included $14.2 b…
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There’s a mantra that gets tossed around in North American climate circles: skate to where the puck is going, not where it is today. The phrase, an adaptation of a saying from hockey legend Wayne Gretzky, is meant to suggest the need for forward thinking to grapple with the climate c…
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Germany warned that Russia’s moves to slash Europe’s natural gas supplies risked sparking a collapse in energy markets, drawing a parallel to the role of Lehman Brothers in triggering the financial crisis.
With energy suppliers piling up losses by being forced to cover volumes at high prices, there’s a danger of a spillover effect for local utilities and their customers,…
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Chinese media including the Communist Party’s flagship newspaper toned down their criticism of the games industry on Wednesday, helping Tencent Holdings Ltd. and its peers recoup some of their losses from a market rout a day earlier.
Instead of calling video games “spiritual opium,” as a Tuesday article in the Economic Information Daily had, the People’s Daily publ…
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Rite Aid has filed for bankruptcy protection and plans to sell part of its business as it attempts to restructure while dealing with losses and opioid-related lawsuits.
The company said Rite Aid stores will continue to fill prescriptions, and customers will still be able to visit its locations or shop online while it goes through its voluntary Chapter 11 process. But that process also wil…
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In May of 2021, Sara Corcoran got a great job as an assistant project manager for a construction company in Dallas, working from home. Because the position was fully remote, she and her husband bought a 3-bedroom mobile home in Wylie, a lake community about 30 miles northeast of Dallas, in November. She loved the affordability of Wylie, where they paid $500 a month, less than half of what they …
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Former Twitter Inc. Chief Executive Officer Jack Dorsey said he regrets growing the company too quickly as the social media platform downsizes following its recent sale to Elon Musk.
Musk on Thursday and Friday slashed over half the staff, affecting almost every team at the company. The cuts, expected to involve about 3,700 jobs, have fueled questions about whether Twitter will have the r…
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