Business News

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Justin Sullivan/Getty Images(NEW YORK) — Tesla shares were volatile Friday morning amid chaotic news for the embattled electric carmaker, leading one expert to say the company board needs to have a ‘come to Jesus meeting’ with Elon Musk. Shares tumbled upon news of two senior executives leaving the company hours after founder and CEO Musk […]

iStock/Thinkstock(PARIS) — Paris is one of Airbnb’s biggest markets in the world, with about 65,000 homes listed on its website. But Ian Brossat, who’s in charge of housing at City Hall, takes no pride in such a distinction. He has been the face of the fight against home-sharing platforms such as Airbnb in Paris. Indeed, […]

Lyft(DENVER) — Ride share company Lyft is entering the scooter arms race, marked by launching its scooter rental program in Denver on Thursday. The company, which tries to differentiate itself from its competitors by stressing sustainability and social justice issues, is launching its two-wheeled vehicles later than its competitors. Early entrants into the scooter market […]

Carlo Allegri/Getty Images(LOS ANGELES) — The Academy of Motion Picture Arts and Sciences announced Thursday that it will not present the Oscar for its proposed “popular film” category during February’s ceremony after all. One reason for the reversal is because the award category was proposed late in the year after many films had already been […]

Courtesy Donors Choose(NEW YORK) — Many public school teachers across the country are looking to go above and beyond to educate the next generation, and they’re turning to DonorsChoose to raise money for school supplies and projects. The non-profit crowdfunding website, which allows anyone to donate to projects posted by educators themselves, has funneled more […]

Kevin Winter/Getty Images(LOS ANGELES) — Months after Frances McDormand popularized the term “inclusion riders,” Warner Bros became the first major studio to adopt a company-wide commitment to diversity and inclusion. WarnerMedia, the parent company of Warner Bros, announced on Wednesday that the studio, along with its sister companies HBO and Turner, will launch the initiative […]

ABC News(MILAN) — Starbucks is opening its first store in Italy, a bold effort to introduce an Americanized version of Italian coffee traditions. The Starbucks Reserve Roastery, one of the chain’s high-end stores, will be located in an historic building on a grand square in downtown Milan. The store will serve a range of Starbucks […]

Donald Kravitz/Getty Images(ATLANTIC CITY, N.J.) — Two of the most iconic and controversial traditions will be missing when the preliminary competition for the Miss America pageant begins on Wednesday night: The swimsuit and evening gown competitions. No longer will pageant hopefuls from all over the country be judged by their appearance — whether in skin-baring […]

Facebook(NEW YORK) — Over half of adult U.S. Facebook users have changed the way they use the social media platform within the past year, according to a new study from the Pew Research Center. The survey was conducted following reports of election meddling and privacy breaches on the site. Twenty-six percent of surveyed adults over […]

Paul Marotta/Getty Images(WASHINGTON) — Top executives from social media behemoths Facebook and Twitter are set to testify Wednesday before lawmakers about the ongoing threat of foreign influence operations on their platforms, as the shadow of possible Russian interference looms over the 2018 midterm elections. Facebook Chief Operating Officer Sheryl Sandberg and Twitter Chief Executive Officer […]


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