business

Opinion: Bad Bunny’s politically charged reggaetón is making waves

Editor’s Note: Ed Morales (@SpanglishKid) is a journalist and lecturer at Columbia University’s Center for the Study of Ethnicity and Race and the Craig Newmark Graduate School of Journalism at CUNY. He’s the author of the book “Fantasy Island: Colonialism, Exploitation and the Betrayal of Puerto Rico.” The views expressed are his own. View more …

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Beyond Meat’s COO (Allegedly) Bit a Guy’s Nose

Thoughts and prayers for Beyond Meat in this trying time. The plant-based burger replacement company is currently swimming in struggle sauce. Doug Ramsey, Beyond’s chief operating officer, has been suspended from the company after being arrested for allegedly biting a man’s nose in a brawl. Then there’s the food-disruptor’s deepening financial woes. Ramsey reportedly got …

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Inflation is a global problem, here’s how central banks are addressing it

new york CNN Business — Just like misery, inflation loves company. And as price increases linger near 40-year highs, the United States has plenty of it. A perfect storm of stimulus cash during the pandemic, a strong demand for goods, geopolitical chaos and supply chain kinks have led to a surge in prices globally. In …

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China’s ‘Lipstick King’ returns to live-streaming show after mysterious three-month disappearance

Hong Kong CNN Business — One of China’s most popular livestreamers quietly resurfaced online Tuesday night, after a three-month absence linked to his appearance with a cake shaped like a tank, in what many believed was an oblique reference to the Tiananmen Square massacre. On Tuesday night, Li Jiaqi reappeared on Alibaba’s Taobao Live, a …

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Beyond Meat suspends executive after he was arrested on suspicion of biting a man’s nose

new York CNN Business — Beyond Meat suspended its chief operating officer after he was arrested over the weekend on suspicion of biting a man’s nose during a fight following an Arkansas football game. Police arrested the vegan food purveyor’s COO Doug Ramsey on charges of “terrorist threatening” and third-degree battery on Saturday night. Ramsey …

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MLB, NBA and NHL may buy biggest owner of regional sports TV networks: sources

MLB, the NBA and the NHL may orchestrate a buyout of the nation’s dominant owner of regional sports TV networks, whose shaky finances pose an increasing threat to their teams, The Post has learned. The trio of pro-sports leagues are expected to soon begin talks with Diamond Sports, which operates 21 regional Bally Sports networks …

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Dow down nearly 500 points as Fed decision looms over market

US stocks finished lower on Tuesday as Treasury yields climbed and traders appeared skittish about opening new long positions ahead of the conclusion of the Federal Reserve’s September policy meeting. What happened The Dow Jones Industrial Average DJIA dropped 313.45 points, or 1%, to close at 30,706.23, after falling nearly 550 points earlier in the …

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Miami Dade College opens Artificial Intelligence Center to bolster tech education

People watch a live demonstration of a virtual reality class Sept. 20, 2022, at the Artificial Intelligence Center on Miami Dade College’s North Campus. Sydney Walsh swalsh@miamiherald.com Upon entering Miami Dade College’s new Artificial Intelligence Center Tuesday on its North Miami campus, a college administrator asked a hologram named Sky to quote the names of …

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Gap is laying off 500 corporate employees as challenges mount

The cuts include a mix of layoffs and open roles being axed at the company’s corporate offices in New York, San Francisco and across Asia, according to a person familiar with the situation. The Wall Street Journal, which first reported the news, said the layoffs started in recent days and amount to roughly 5% of …

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