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Lithium Is Key to the Electric Vehicle Transition. It's Also in Short Supply
By Emily Barone
The Crypto Industry Was On Its Way to Changing the Carbon-Credit Market, Until It Hit a Major Roadblock
By Andrew R. Chow
What Happens If You Don't Get Your Hotel Room Cleaned Daily
By Jennifer Sinco Kelleher and Anita Snow / AP
How TikTok Live Wants to Compete With Twitch
By Cecilia D'Anastasio / Bloomberg
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Business
Twitter Shareholders Meet Amid Elon Musk's Takeover Drama
The scheduled shareholder meeting didn't include a vote on Musk’s $44 billion bid for the social platform.
By Barbara Ortutay / AP
May 25, 2022
Why Tesla CEO Elon Musk Is Calling ESG a 'Scam'
Electric car maker Tesla lost its place this month on an index dedicated to companies excelling at ESG.
By Eloise Barry
May 25, 2022
Starbucks, McDonald's Exit Russia as Ukraine War Rages On
While Starbucks is shuttering its stores completely, McDonald's is selling its Russian business
By Eloise Barry
May 24, 2022
Social Media Hammered by Questions Over Advertising
Companies are competing for advertising money that is increasingly under threat from spiking inflation and privacy changes at Apple Inc.
By Michelle Chapman / AP
May 24, 2022
Zelensky Urges 'Maximum' Sanctions on Russia in Davos Talk
The Ukrainian leader also pushed for the complete withdrawal of foreign companies from Russia
By Jamey Keaten / Associated Press
May 23, 2022
How Pay Transparency Laws Impact Business—and Workers
Colorado is the only state with pay transparency statutes, but New York City plans to follow
By Raisa Bruner
May 23, 2022
Biden's New Trade Bloc in Asia: What to Know
The IPEF is seen as a way for the U.S. to signal its commitment to remain a leading force in Asia
By JOSH BOAK and AAMER MADHANI / AP
May 23, 2022
How Former 'Real Housewife' Bethenny Frankel Turned Business Savvy into a $100 Million Disaster Relief Initiative
Frankel rose to fame as one of the original cast members of 'The Real Housewives of New York City'
By Megan McCluskey
May 22, 2022
Musk Denies Sexual Misconduct Allegation by Flight Attendant
A report said SpaceX paid the woman $250,000 in severance in 2018 in exchange for her agreeing not to file a lawsuit over her claim.
By Associated Press
May 20, 2022
How Breaking Up Big Tech Could Save Global Democracy, According to Proton Founder Andy Yen
This story first appeared in TIME's Leadership Brief newsletter on May 1. To receive weekly emails of conversations with the world’s top CEOs and business decisionmakers, click here. Andy Yen is the founder and CEO...
By Billy Perrigo/Geneva
May 20, 2022
U.S. Leisure Travel Back at Pre-Pandemic Levels
People are heading off on vacation, despite a surge in cases and higher airfares globally
By Martine Paris / Bloomberg
May 19, 2022
How Young Investors Are Riding Out the Crypto Crash
Young investors have been taking big swings on high-risk, high-return trades. What's next?
By Megan McCluskey
May 19, 2022
Signs Are Pointing to a Slowdown in the Housing Market—At Last
There are growing signs that the housing market is slowing
By Alana Semuels
May 19, 2022
U.S. Soccer to Pay Women's and Men's Teams Equally in Milestone Agreement
U.S. women have been successful on the international stage but took home far less than the men's winners
By ANNE M. PETERSON and RONALD BLUM / AP
May 18, 2022
Sri Lanka Default Hints at Trouble Ahead for Developing Nations
The island’s saga is starting to be seen as a bellwether for emerging markets
By Sydney Maki and Amelia Pollard / Bloomberg
May 18, 2022
What Terra's Crash Means For Crypto and Beyond
UST's downfall could have short-term and long-term ripple effects, especially as skeptical legislators like Elizabeth Warren survey the damage
By Andrew R. Chow
May 17, 2022
Why Tech Companies Struggled to Stop Buffalo Terror Video
Three years after social media platforms committed to put an end to viral videos of terrorist attacks on their platforms, the attack in Buffalo, New York, has revealed that their efforts are still a work...
By Billy Perrigo
May 17, 2022
Politicians Created the Formula Shortage. Can They Fix It?
A 1989 law led to intense consolidation in the baby formula industry.
By Abby Vesoulis
May 17, 2022
Elon Musk Says Twitter Must Prove Bot Claims for $44B Deal to Proceed
Musk recently told a tech conference that fake users make up at least 20% of all Twitter accounts
By Edwin Chan / Bloomberg
May 17, 2022
McDonald's to Sell Its Russian Business
The fast food giant said that holding on to its business in Russia “is no longer tenable, nor is it consistent with McDonald’s values.”
By David Koenig / Associated Press
May 16, 2022
WNBA's Cathy Engelbert Discusses Brittney Griner, Roe v Wade
The season also tips off amidst Roe v. Wade news.
By Sean Gregory
May 15, 2022
Employers Take Note: Young Workers Are Seeking Jobs with a Higher Purpose
Liz Paquette felt clueless when she walked into her college advisor’s office two years ago seeking his help to find an internship. She told him she had just one requirement: The company had to treat...
By Bruce Horovitz
May 13, 2022
Elon Musk Sows Doubt Over His $44 Billion Twitter Takeover
Musk has said he wants to defeat spam bots, authenticate all humans and make Twitter's algorithms open source
By Giles Turner / Bloomberg
May 13, 2022
Marcos' Vague Plans for the Philippine Economy Spark Concern
Investors need to see concrete proposals before having confidence in Ferdinand “Bongbong” Marcos Jr.
By Chad de Guzman / Manila
May 13, 2022
Crypto Meltdown Prompts Yellen to Call for New Regulation
“We really need a regulatory framework to guard against the risks,” Yellen said of cryptocurrencies called stable coins
By Fatima Hussein / AP
May 12, 2022
Proton's CEO Is Fighting Dictatorships and Big Tech
The company is pursuing profitability without surveilling users for ad dollars.
By Billy Perrigo/Geneva
May 12, 2022
Twitter to Freeze Hiring Ahead of Musk Deal
The hiring freeze is a reflection of the company’s state of uncertainty while it awaits Elon Musk’s $44 billion takeover.
By Kurt Wagner and Sarah Frier / Bloomberg
May 12, 2022
Barista Jaz Brisack Took on Starbucks—and Won
A Rhodes scholarship to the University of Oxford can open doors to elite worlds—to a life spent in boardrooms and at gilded galas. Bill Clinton, for example, famously smoked (though “didn’t inhale”) marijuana there before...
By Abby Vesoulis
May 11, 2022
Deepica Mutyala Is a Beauty Influencer for Every Skin Tone
When Deepica Mutyala partnered her beauty brand with Mattel to launch the first ever South Asian CEO Barbie doll—made in Mutyala’s image—she wanted to make sure it was authentic. Growing up in Sugar Land, Texas,...
By Ayesha Javed
May 11, 2022
Why So Many Tech Stocks Are Falling
Technology companies thrived when the pandemic began more than two years ago. But now, as much of the population returns to work and spends less time at home, the tech sector is suffering deep losses...
By Nik Popli
May 11, 2022
This Is How We Quit Big Oil
At the end of the first quarter of 2021, as the CEOs of the three biggest U.S. oil and gas companies presented their firms’ earnings, investors fired off a range of questions about how they...
By Justin Worland
May 11, 2022
Oil Companies Posted Huge Profits. Here’s Where The Cash Will Go (Hint: Not Climate)
As consumers grapple with high fuel prices and politicians scramble to knock them down, oil companies are not making any sudden moves. That’s because, after years of low fuel prices, they are now enjoying a...
By Emily Barone
May 11, 2022
Airbnb Made Overtourism Worse. Now It Wants to Fix That
Airbnb is implementing what it calls its biggest update in 10 years in an effort to help tackle overtourism
By Belinda Luscombe
May 11, 2022
Why Bitcoin Keeps Crashing
The current slide of Bitcoin and other cryptocurrencies is being caused by a combination of short-term and long-term factors.
By Andrew R. Chow
May 10, 2022
Why It's So Hard to Find Baby Formula in the U.S. Right Now
A nationwide shortage has left parents scouring social media or crossing states to get hold of baby formula.
By Eloise Barry
May 10, 2022
Musk Says He Would Reverse Twitter's Ban of Donald Trump
Elon Musk said Twitter’s Trump ban was a “morally bad decision” and “foolish in the extreme.”
By Matt O'Brien and Kelvin Chan / AP
May 10, 2022
Meta Accused Of Human Trafficking and Union-Busting in Kenya
The company faces allegations after a former outsourced content moderator filed a lawsuit Tuesday.
By Billy Perrigo
May 10, 2022
Sri Lanka Leader’s Brother Quits as Prime Minister in Escalating Crisis
Weekslong protests over Asia’s fastest inflation have recently turned violent
By Asantha Sirimanne / Bloomberg
May 9, 2022
Biden Starts Program to Provide Discounted Internet Service
Internet companies have agreed to provide discounted service to people with low incomes through the Affordable Connectivity Program program
By Aamer Madhani / AP
May 9, 2022
‘The Office As We Know It Is Over,’ Says Airbnb CEO Brian Chesky
(To receive weekly emails of conversations with the world’s top CEOs and business decisionmakers, click here.) Airbnb CEO Brian Chesky recently announced that the company’s employees will be able to work from anywhere, including (for...
By Belinda Luscombe
May 8, 2022
Britain Pushes Tough Tech Rules Under New Digital Watchdog
Big tech companies would have to comply with tough rules under a new digital watchdog aimed at giving consumers more choice online
By Associated Press
May 6, 2022
Peloton Seeking Buyers for Stake of About 20% of Company
Demand has cooled in the past year, and management has struggled to revive the business.
By Ed Hammond and Mark Gurman / Bloomberg
May 6, 2022
TurboTax Will Pay Some Users After Settlement
NEW YORK — The company behind the TurboTax tax-filing program will pay $141 million to customers across the United States who were deceived by misleading promises of free tax-filing services, New York's attorney general announced...
By Associated Press
May 5, 2022
Elon Musk Secures $7.1 Billion in New Financing for Twitter
The investors named in the filing include Fidelity, Lawrence J. Ellison Revocable Trust and Qatar Holding.
By Edwin Chan / Bloomberg
May 5, 2022
Bitcoin Is Coming to Your 401(k), If Your Employer Allows It
Fidelity opened the door for a future of crypto retirement savings. But the decision has been met with pushback, including from the U.S. Department of Labor
By Andrew R. Chow
May 4, 2022
World Hunger to Worsen After Spiking 25% Before Ukraine War
Almost 193 million people across 53 countries or territories suffered acute food insecurity in 2021
By Megan Durisin / Bloomberg
May 4, 2022
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