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Marc Lore, a serial entrepreneur, has become a billionaire through a series of ventures, including Diapers.com, Jet.com, and now his latest startup, Wonder. Lore, 53, has a history of inverting old adages and taking risks, which has paid off. He and two childhood friends sold their online trading card marketplace, the Pit, for $6 million […]

Activist hedge fund Elliott has built a stake in struggling BP. The move comes as BP faces various challenges and is likely to bring increased pressure on the company to make strategic changes. — news from Financial Times

As the cost of America’s favorite breakfast food, eggs, continues to rise with little relief in sight, grocery shoppers are left scrambling to stretch their household budgets. Emily Metz, president and CEO of the American Egg Board, told CNN that the tight egg supply will continue due to bird flu. For those looking for alternatives, […]

Apple is facing pressure from the UK government to add a backdoor to iCloud, allowing access to all iPhone and iPad content backed up to iCloud, whether end-to-end encrypted or not. According to reports, Apple is not allowed to inform users about this change. EFF warns that the demand for Apple to break encryption is […]

Cracker Barrel has taken issue with competitor Waffle House over a 50-cent surcharge for each egg ordered in meals. Cracker Barrel stated, “A surcharge on eggs? Well, there’s nothing hospitable about that.” The restaurant chain is promoting its rewards program, offering double rewards points to customers who order eggs between Feb. 6 and Feb. 12. […]

Russell Vought, an architect of Project 2025 and the new director at the Office of Management and Budget, has taken over as the acting leader of the Consumer Financial Protection Bureau (CFPB), according to a source familiar with the situation. Senior executives at CFPB were informed Friday night that Vought was taking the helm as […]

Temu and Shein, the two biggest Chinese-owned ecommerce platforms that operate in the United States, have started raising prices and temporarily unlisting some products on their websites in response to new tariffs on Chinese imports announced by President Donald Trump, according to both shoppers and sellers who spoke to WIRED. Shi, a Chinese seller of […]

It might not be to the level of Kendrick Lamar and Drake, but there’s a beef stewing between a pair of restaurant chains. According to NBC News, Cracker Barrel has taken issue with competitor Waffle House after it was announced earlier this week that Waffle House is implementing a 50-cent surcharge for each egg a […]

Russell Vought took over as acting director of the Consumer Financial Protection Bureau (CFPB) on Friday night, and officials from Elon Musk’s Department of Government Efficiency (DOGE) deleted the banking watchdog’s X account, a person familiar with the matter told CNN. Vought’s new role, first reported by The Wall Street Journal, came a day after […]

At President Trump’s inauguration, Sam Altman, the chief executive of OpenAI, was relegated to the overflow room while other tech billionaires like Elon Musk and Mark Zuckerberg took prime spots on the dais under the Capitol rotunda. But days earlier, before flying into Washington, Mr. Altman was on the phone with Mr. Trump, preparing an […]