Celebrity Life
Barclays CEO Jes Staley to Step Down Amid Epstein Probe
Staley is expected to contest the findings of a U.K. regulatory probe investigating his ties to the financier and sex offender Jeffrey Epstein.
Why Working at Facebook Is Like Playing Chess With an Alien, According to Leaked Documents
Internal documents paint a unique picture of the internal culture at Facebook
Netflix’s Hit Series Squid Game Gives Boost to Vans Sneaker Sales
Netflix Inc.’s hit series “Squid Game” is giving a boost to footwear and apparel maker VF Corp. as fans clamor for the white Vans sneakers featured in the dystopian drama. “We saw a nice spike,” Chief Executive Officer Steve Rendle said Friday on a conference call to discuss quarterly earnings, before clarifying that the bump…
Property Developer Evergrande Avoids Default With a Last-Minute Payment, According to Chinese Media
The $83.5 million payment is the latest twist in a months-long drama that has captivated global investors
K-Pop Group BTS to Leave Columbia Records for Universal Music
BTS was the top-selling recording act in the world last year
Why Netflix Investors Should Care About Its Chappelle Controversy
Co-CEO Ted Sarandos struck a note of contrition while speaking to journalists on the eve of a planned worker walkout
U.S. Labor Unions Are Having a Moment
In the wake of the Covid-19 pandemic, unions are finding they suddenly have the upper hand—
Clubhouse CEO Says the Once-Hot Startup Grew ‘Way Too Fast’
The audio-only app received a $4 billion valuation earlier this year but the excitement seems to have cooled
Microsoft Agrees to Human Rights Review of Deals With Law Enforcement and Government
Microsoft Corp., which has faced pressure from employees and shareholders over contracts with governments and law enforcement agencies, agreed to commission an independent human rights review of some of those deals. The move came in response to a June filing of a shareholder proposal asking the company to evaluate how well it sticks to its…
At a $2 Trillion Market Value, Saudi Aramco Races Apple for Most Valuable Company
The Saudi state oil giant has soared on the back of higher energy prices
Workers Speak Out About Alleged Sexism and Safety Risks at Jeff Bezos’ Rocket Company Blue Origin
A group of more than 20 current and former employees are accusing Jeff Bezos’ Blue Origin rocket ship company of being a toxic work environment and not adhering to proper safety protocols. The workers claim in an essay that there’s sexism at the Kent, Washington, company. The employees, led by former head of Blue Origin…
Former U.S. Defense Secretary James Mattis Testifies in Elizabeth Holmes Fraud Trial
Mattis joined the Theranos board of directors in 2013, though he had no medical background, and invested in the company