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Amazon is more than doubling its max base pay to try to hold onto white-collar workers after a record number of top talent left the company last year.

Amazon boosts max base pay to $350,000 in bid to retain tech talent
John Foley is out as Peloton CEO the same day the struggling company announced 2,800 job cuts.

Peloton cuts 2,800 jobs, replaces CEO with former Spotify CFO

Frontier, Spirit Airlines announce $6.6 billion merger
More artists are boycotting Spotify over Joe Rogan's controversial podcast. Here are 5 celebrity boycotts that forced companies to make changes.

The Spotify boycott is growing. 5 other celebrity boycotts forced businesses to change.
China is reporting it'll cost $3.9 billion to host the Olympics, but the real cost may be $38.5 billion. It's far from the only Olympics over budget.

Report: Beijing 2022 Winter Olympics 10x over budget, more proof hosting is a bad deal
The White House is bracing for a bad January jobs report, repeatedly tamping down expectations ahead of Friday's release.

White House braces for bad jobs report amid Omicron, warns of negative numbers
Spotify is doing damage control after losing billions in market value amid the Joe Rogan podcast fallout, adding disclaimers to content mentioning COVID-19.

Spotify in damage control mode, Joe Rogan apologizes over podcast controversy
A new study is sowing doubt into the legitimacy of dozens of ESG-labeled investment funds. Researchers are asking the SEC to investigate.

ESG liars? SEC investigating misleading sustainability claims from investment funds
The stock market is taking investors for a wild ride, but it's not the only place to invest money. Here are five creative ways to diversify investments.

5 ways to diversify investments while stock market swings
The chip shortage isn't done wreaking havoc on companies like Tesla and Apple. But are companies over bloating orders, creating false demand?

Tesla, Ford, Apple grapple with a chip shortage. Experts question if demand is overblown.
The Fed's decision to hike interest rates soon comes as America deals with the hottest inflation in 40 years. It'll be the first rate hike since 2018.

Powell: Fed to raise interest rates ‘soon’ to fight persistent inflation
This week the Federal Reserve is formulating its plan to fight crippling inflation and the uncertainty has the stock market going haywire.

The Fed wants to fight inflation by hiking interest rates. Here’s why other major economies won’t.
The stock market surged back to green territory in the final trading hours Monday after brutal losses in the Dow and S&P 500.

Stock market launches major comeback after Dow sheds 1,000 points
Another fictional TV character suffered a Peloton-induced heart attack, and while this character survived, the company may not.

Another TV character has Peloton-induced heart attack, company on life support
Peloton's CEO has denied a report the company plans to halt production, claiming the company is taking legal action against a 'leaker.'

Peloton CEO denies report it’s halting production after stock plunged 25%
In a surprising twist, Tesla, BMW and others sold luxury cars at record rates in 2021 while affordable car companies struggled with a chip shortage.

Tesla, BMW, luxury autos post record sales despite chip shortage
It looks like some Penn Wharton students need a lesson on the real world because no, the average American worker doesn't make six figures.

Penn Wharton students scolded for thinking average US worker makes six figures
The new 5G launch struggled to reach takeoff after eleventh-hour pleas from the airline industry to block it. They even asked Biden to step in.

Verizon and AT&T’s new 5G is live. Here’s why the airline industry fears it.
In its largest acquisition to date, Microsoft will pay nearly $70 billion for Activision Blizzard, the gaming behemoth behind Call of Duty.

Microsoft to buy gaming’s Activision Blizzard in all-cash $68.7 billion deal
Small COVID outbreaks in China have led to big shutdowns, with the ability to wreak havoc on the global supply chain and U.S. inflation.

China’s zero-COVID policy equals trouble for supply chain, inflation
Retail sales posted a shocking 1.9% decline in December.

Retail sales plunged 1.9% in December, e-commerce hardest hit
To prevent the Great Resignation from continuing in 2022, companies are finding creative ways to keep employees from quitting their jobs.

In the age of quitting jobs, 5 ways to keep employees happy
Federal Reserve Chair Jerome Powell is facing a much tougher confirmation process than four years ago, forced to explain how inflation reached its highest level in 40 years under his watch.

Jerome Powell’s inflation problem to define second term leading Fed
There are more companies underperforming via a SPAC merger compared with those that go public through the traditional route.

What is a SPAC? It’s all the rage on Wall Street