BuzzFeed News will shut down as the company’s CEO told staff in an email that he over-invested in their news department. CNBC’s Alex Sherman looks further into the announcement and the economics behind the decision.
Category Archives: business
Oklahoma sheriff caught on tape talking about physically confronting local DA, killing reporters
The Oklahoma sheriff who was secretly recorded reportedly talking about killing reporters and lynching Black people also boasted about physically confronting the local district attorney and threatening to “whoop his ass,” newly released audio revealed.
One year after the killing of a gay NYC man, arrests provide his family with a ‘sliver of relief’
Friday marks one year since social worker Julio Ramirez was found dead in a taxi after a night out at a gay bar in Manhattan’s Hell’s Kitchen neighborhood.
McCarthy's debt limit bill praised by GOP conservatives, but centrists are skeptical
Speaker Kevin McCarthy’s debt limit bill was met with praise from right-wing members and skepticism from Republican centrists, a positive sign for passage.
North Dakota governor signs law limiting transgender care for minors
North Dakota’s governor signed a bill into law that restricts transgender medical care, making it a crime to provide transition-related care to minors.
European group that mails abortion pills to the U.S. says it saw enormous surge in requests this month
A team in Europe that sends abortion pills to Americans said it has seen a surge in requests since a federal judge in Texas imperiled access to mifepristone.
The list of things to warn Black children about keeps getting longer
Ralph Yarl is one of many Black youths harmed or killed while engaging in routine circumstances, stoking fear among Black parents
Ford F-150 Lightning electric truck fire highlights a growing EV risk
New video footage of a fire involving a Ford F-150 Lightning this year highlights a growing concern around electric vehicles: volatile fires from the batteries that power them.
Big businesses rally to preserve their right to limit ex-workers' job options
Corporate America is mobilizing to quash a proposed FTC ban on employers’ use of noncompete agreements to restrict where their former staffers can work.
Grandson of man who shot Ralph Yarl says 'fear' and conspiracies consume him
One of the grandchildren of Andrew Lester, the Kansas City homeowner who shot Ralph Yarl after the Black teenager had mistakenly gone to the wrong home, believes police should have acted sooner to arrest his grandfather who he said has been overtaken by conspiracy theories in recent years.