Category: Business

China is cashing in on fears that the West’s faltering economic recovery will keep interest rates near record lows for a long time. The Chinese government issued debt at a negative interest rate for the first time on Wednesday in a bond sale that attracted significant investor interest, according to Deutsche Bank (DB), one of […]

When Uber let go of thousands of workers as part of pandemic-related layoffs earlier this year, it led to a decline in overall Black representation within its workforce, the company said in its annual diversity report on Friday. Earlier this year, Uber (UBER) cut about 25% of its workforce, or roughly 6,700 employees, as it […]

First they said “count all the votes.” They lost, so they said “count all the LEGAL votes.” They lost again, so they said “we’re going to court.” They keep losing in the courts, so now they say “overturn the election.” What will they say next? And when should the reality-based press cover what they’re saying? […]

Thanksgiving will look a lot different this year, with many cutting down the size of the festivities they have planned. Grocery stores are anticipating that some may do more than just host smaller gatherings — they may do away with the turkey altogether. Tofurky, which has been selling its mock turkey roast since 1995, saw […]

The Legend of Zelda franchise is getting a prequel. “Hyrule Warriors: Age of Calamity” is launching Friday. It is the first installment in the Zelda series since 2017’s “Breath of the Wild,” which sold 19.7 million copies. “Breath of the Wild” is the fourth best-selling game of all time on the Nintendo Switch, behind hits […]

Hyperloops burst onto the scene in 2013. Elon Musk detailed a new type of train service in a low-pressure tube that would reach speeds up to 760 mph. The train would float on a cushion of air and be powered down the tracks by magnets. Like many of Musk’s endeavors, including electric cars and rockets, […]

Consumer Reports gave the Tesla Model Y SUV a “not recommended” rating because of significant reliability problems, dragging the brand to near the bottom of the magazine’s industry-wide reliability ranking. The Model Y, the carmaker’s newest model which began production at the start of this year, is expected to become Tesla’s best-selling vehicle. It got […]