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Superconductors' Viral 'LK-99' Moment Takes Investors for a Wild Ride
Share prices skyrocket, then sink, for companies that don’t even have a direct link to room-temperature superconductors. Source link
Food-Delivery Workers in New York City Launch Labor Fight
Companies push back against mandated wage increases, as “Deliveristas” dig in. Source link
Nikola CEO Michael Lohscheller Steps Down
Michael Lohscheller has stepped down due to a family health matter, and Chairman Steve Girsky has taken over as CEO of the electric-vehicle maker. Source
For Once, Rookie Consultants Don't Have Much to Do
With few clients, some young workaholics are spending their workdays watching Netflix. They’re still getting paid. Source link
U.S. Cellular Owner Explores Sale
The regional wireless carrier’s controlling shareholder says it is exploring strategic options for a business left behind by telecom’s consolidation wave. Source link
Congress Ended a Tax Break. How That May Help Higher Earners
Some people are being pushed into saving in Roth 401(k)s, but they may come out ahead despite losing a key tax deduction. Source link
Disney's ESPN Plots Its Streaming Future, Seeking Tie-Ups With Leagues and Rivals
ESPN’s talks with potential strategic partners are touching on several roles the sports-TV giant could play in the streaming world, including as a major broadcaster
Airbnb Powers to Most Profitable Second Quarter on High Nightly Rates
Airbnb posted its most profitable second quarter ever, boosted by high nightly rates guests were willing to pay—in a sign that steep travel prices are
Triple-Digit Heat, but No Electric Bill? For Passive Homeowners, 'It's Hard to Go Back'
Three side-by-side houses in Boston are designed to offer clean inside air, reduced emissions and little to no energy costs. Source link
Gucci Works Its Socks Off to Be Cool Again
A big test for the fashion brand comes in September Source link