Airbnb wants to give its hosts equity in its business

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Airbnb wants to give the homeowners who power its service the opportunity to own a piece of its business. That’s why, as Axios reports, the $31-billion-valued company has written to the SEC to ask if its rules around security ownership can be revised. Specifically, Airbnb is seeking a change to the SEC’s Rule 701 — which […]

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Highlights from the Senate Intelligence hearing with Facebook and Twitter

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Another day, another political grilling for social media platform giants. The Senate Intelligence Committee’s fourth hearing took place this morning, with Facebook COO Sheryl Sandberg and Twitter CEO Jack Dorsey present to take questions as bearded wiseman CEO Jack Dorsey (whose experimental word of the month appears to be “cadence” — as in he frequently said […]

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Amazon Removes Nazi-Themed Items After Complaints

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(AP) — Amazon says it has removed items with Nazi or white supremacist symbols from its website after criticism from advocacy groups. An Amazon executive said the company blocked the accounts of some retailers and might suspend them. Democratic U.S. Rep. Keith Ellison of Minnesota complained to Amazon CEO Jeff Bezos last month. The company's […]

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Years Top-Selling Singer Isnt Kanye — Its Jackman

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Halfway through a year filled with new work from some of the most popular artists alive, the best-selling album is the soundtrack to a movie musical with Hugh Jackman that never led the box office. “The Greatest Showman’’ has sold almost 4 million copies for Atlantic Records, outpacing works from Kanye West, Taylor Swift and […]

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Hiding My Depression Almost Destroyed My Job

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If you spent any time on social media this past weekend, you no doubt saw hundreds — nay, thousands — of people reflecting on the recent suicides of Kate Spade and Anthony Bourdain. Some wondered what could have motivated these two wildly successful people to take their own lives. Others noted that we can never […]

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The Defeat of Reason and Muellers `Person A

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The weekend is here! Pour yourself a mug of Seattle’s Best coffee, grab a seat by the pool and get ready for our longer-form weekend reads: Inside the chaos of Donald Trump’s trade wars (Stat) Merkel on EU reform: a decryption (Boston Review) Charles Kushner, unfiltered: The Kushner Cos. boss gets candid about 666 Fifth, federal investigations, tenant-harassment allegations and […]

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Florida Teachers Pension Fund Invested in Maker of School Massacre Gun

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As Florida teachers grieve over the mass shooting that left 17 students and colleagues dead last week, some of them may be surprised to learn they’ve been helping fund the firearms industry—including the company that made the gun used that bloody Wednesday.  A state pension plan for Florida teachers held 41,129 shares in American Outdoor Brands Co. valued […]

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McDonald’s Cuts Cheeseburgers From Happy Meals

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McDonald’s Corp. is removing cheeseburgers from its fabled Happy Meal menus as the fast-food giant responds to a clamor for healthier eating. All Happy Meals advertised on U.S. menu boards will be 600 calories or less by June, McDonald’s said in a statement Thursday. While the classic cheeseburger will still be available if a customer […]

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Wal-Mart to Cut Thousands of Store-Management Roles

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A day after embarking on a pay hike, Wal-Mart Stores Inc. is taking steps to shake up management at thousands of its stores. The world’s biggest retailer is removing about 3,500 store co-managers, a salaried role that acts as a lieutenant underneath each store manager, according to people familiar with the move. It’s also adding about […]

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Apple, Returning Overseas Cash, to Pay $38 Billion Tax Bill

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Apple Inc. said it will bring hundreds of billions of overseas dollars back to the U.S., pay about $38 billion in taxes on the money and spend tens of billions on domestic jobs, manufacturing and data centers in the coming years. The iPhone maker plans capital expenditures of $30 billion in the U.S. over five years […]

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