LAS VEGAS – Somewhere on the digital-entertainment prism — between premium streaming services and free, quirky content on YouTube — Quibi Inc. hopes to occupy a crevice that until now has gone unclaimed. It’s the slice in the upper-right-hand quadrant of a market research paper provided by the Hollywood, Calif-based startup that has raised a […]
‘The Dow soars, wages don’t.’ That’s “inequality in a nutshell,” according to Rep. Alexandria Ocasio-Cortez, who fired off those words in a tweet response to NBC’s coverage of a fresh high for the Dow Jones Industrial Average DJIA, +0.25% on Friday. The New York Democrat was making the point that while the blue-chip index rallied […]
Dear Moneyist, My husband and I live in Minnesota. My husband’s only child lives in Tennessee with her husband and their daughter. They both have very good incomes. I am an only child and, when my parents die, I will have no family at all. When I married my husband, I assumed he and I […]
Britain’s Queen Elizabeth issued an unprecedented statement on the future of Prince Harry and Meghan Markle. “Today my family had very constructive discussions on the future of my grandson and his family,” the queen wrote in a statement. “My family and I are entirely supportive of Harry and Meghan’s desire to create a new life […]
President Trump misrepresented his administration’s health care record while disputing the premise of a campaign ad by Democratic presidential candidate Michael Bloomberg. “Mini Mike Bloomberg is spending a lot of money on False Advertising,” wrote Trump in a series of tweets Monday morning. “I was the person who saved Pre-Existing Conditions in your Healthcare, you […]
Michael Wade Nance A man on death row has filed a lawsuit in an effort to have himself executed by firing squad, rather than lethal injection. Michael Wade Nance, who shot and killed a man during a botched bank robbery in 1993, is due to be killed shortly. Georgia, the US state where he is […]
(Bloomberg) — Secretary of State Michael Pompeo is planning to attend a private dinner on Monday with tech leaders including Oracle Corp.’s Larry Ellison, according to people familiar with the matter. The dinner, which will be held in San Francisco, comes as tensions between the U.S. and Iran run high, and days after Pompeo announced […]
Chase JPM, -1.00% is increasing the annual fee on its popular Sapphire Reserve card, intensifying the ongoing competition with American Express’ Platinum card. Starting later this month, people who sign up for the Sapphire Reserve credit card will be charged an annual fee of $550, which is $100 higher than the previous fee, according to […]
Taco Bell wants to give some of its workers the whole enchilada. The home of Doritos Locos Tacos says it’s going to test paying managers $100,000 a year at some company-owned locations in the Northeast and Midwest starting later this year. Taco YUM, -1.23% announced the plan Thursday and also said that as of Jan. […]
It’s been said that behind every great man is a great woman. In Prince Harry’s case, it’s three wealthy and media-savvy women. Harry and Meghan Markle announced Wednesday they “work to become financially independent” and live between U.K. and North America. Free from the ribbon-cutting duties of royal life, the Duke and Duchess of Sussex […]