Month: May 2021

Brendon Babenzien, the veteran streetwear pioneer, is being hired to push the limits of the preppy retailer’s designs.

The deal would continue consolidation in a media business buffeted by cord-cutting and streaming.

Some Microsoft directors began an investigation in 2019 into a woman’s allegations of a prior sexual relationship with Bill Gates; Mr. Gates’s spokeswoman says his decision to leave the board in 2020 wasn’t related to the matter.

New CDC guidance on masking and social distancing for vaccinated people throws a wrinkle into plans for repopulating city centers.

A decade after the fracking boom took off, the fuel faces disruption by a new combination on the electric grid: renewable energy and electricity storage.

Retail sales were unchanged in April as shoppers pulled back on goods purchases while increasing spending on services.The moderation in spending came as the recovery continued to build strength, though with signs of unevenness.

Don’t wonder why U.S. retail sales missed expectations in April. Wonder how strong they will be in coming months as the Covid-19 pandemic fades.

Food prices are sky high, restaurants don’t have enough workers and shoppers are sending clothes back too fast for apparel makers to keep up. Labor shortages and production bottlenecks are weighing down companies just as the economy begins to surge again.

Higher commodity prices are delivering economic windfalls to countries that supply metals vital to the global recovery from the pandemic, though the boom could still mask problems.

Jobless claims continued a steady decline last week, dropping to 473,000, in a sign hiring is primed to strengthen as workers return to the labor market.