Business

Moody’s Analytics chief economist Mark Zandi on Jeff Bezos criticizes the Biden administration’s handling of inflation, government spending and recession fears. Dolly Parton just got $100 million rich – thanks to Jeff Bezos. Bezos selected Parton as the 2022 recipient of his Courage and Charities Award, as someone who “leads with his heart.” Although the …

Dolly Parton received $100 million from Jeff Bezos to donate to charities of her choice Read More »

The Whole Foods which opened in Englewood six years ago to feature live music, TV-ready politicians and door-to-door lines will close with a bang on Sunday. The grocery store had once been a point of optimism and pride in the South Side neighborhood, one of Chicago’s most economically depressed neighborhoods. But on Saturday, the hot …

Once-touted Englewood Whole Foods closes on Sunday Read More »

Singles’ Day has drawn a lukewarm response from Chinese shoppers this year, the latest indication that consumers and retailers in the world’s biggest market remain spooked by Xi Jinping’s zero-Covid policy and crackdown on excess. Jack Ma’s Alibaba Group has spent years making November 11 the biggest retail event on the planet, enlisting the services …

Cupid’s Singles Day pulls away from the market for weary Chinese shoppers Read More »

Elon Musk tweeted on Saturday that Twitter was the main generator of referrals to other websites.Address Latif/Reuters Elon Musk claimed Twitter was “by far the biggest click-driver on the internet” in a tweet on Saturday. The site’s new owner was widely mocked in user responses denying his claim. Twitter generated 7.7% of referrals in January, …

Elon Musk says he’s ‘100% wrong’ for claiming Twitter is ‘by far’ the internet’s biggest click-through engine Read More »

BlackRock, the world’s largest asset manager, has postponed the launch of an exchange-traded fund that invests in Chinese bonds, amid growing tensions between Washington and Beijing and a reversal in the spread between the Chinese and American returns. Two people familiar with the decision said BlackRock had “indefinitely” suspended the ETF, which had won regulatory …

BlackRock drops Chinese bond ETF Read More »