6 Pieces Of Corporate News Released While No One Was Reading

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More people on holiday, fewer people paying attention. It’s a perfect recipe for a corporate disclosure to fly beneath the radar. Daily Journal Corporation The California-based legal publisher is also big shareholder in many US banks, thanks to the leadership of its chairman and Berkshire Hathaway number two Charlie Munger. On Monday it said that […]

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This Is Why Brands Say “Bae”

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“To borrow a millennial phrase, we’re on cleek,” said Taco Bell’s incoming CEO. “Not everybody know’s what I’m talking about right now. That means you’re on point.” In the eyes of young people, Taco Bell is “on cleek,” its incoming CEO told investors on a call earlier this month, explaining that it’s millennial speak for […]

9 Crazy Weight-Loss Scams People Fell For This Year

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The Federal Trade Commission is preparing for a New Year’s spike in weight-loss scams. This year’s highlights included a cream inspired by lobster hormones, and a magical pill that claimed to strip the calories from a plate of spaghetti. ftc.gov ftc.gov As Americans resolve to lose weight and diet this year, scammers are at the […]

A Highly Scientific And Sobering Study Of My Year On Twitter

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This year on Twitter was more exhausting than the last, so I decided to take a hard look at my 2014 tweets, using cold, unyielding data to find out why. Charlie Warzel/BuzzFeed Almost one year ago I nuked my Twitter feed and unfollowed everyone. I'd spent six years obsessively following people, but it had become […]

8 Things We Learned About Shake Shack From Its IPO Filing

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From Manhattan’s unique love affair with the Shackburger to concerns about the fate of Moscow’s Shake Shacks amid Western sanctions, there was plenty to learn in the company’s SEC filing. M. Bitter / Via flic.kr Danny Meyer, chief founder of the Union Square Hospitality Group and Shake Shack. AFP / Getty Images NICHOLAS KAMM That's […]

More Than Half Of Traffic On Retail Websites May Not Be Human

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A report by Solve Media says that 34% of the traffic on retail-specific websites came from bots, and more than half was “suspicious.” Solve Media America's retailers are pouring billions into digital advertising this year as e-commerce grows and sets the tone of a highly competitive holiday shopping season. But a big chunk of their […]

American Apparel Founder Says He’s Down To His Last $100,000

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Ousted CEO Dov Charney told Bloomberg News that he’s been living on the Lower East Side on a friend’s couch. He also plans to “sue everyone,” as per the report. Updated with comment from Standard General. Bloomberg Television / Via bloomberg.com American Apparel founder Dov Charney, who was booted from the company last week, says […]

The First Victim Of The Ruble Crisis Offers A Bruce Willis Credit Card

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Trust Bank, a small Russian lender, was bailed out by the country’s central bank on Monday. It is the first financial institution to be rescued since the collapse of the ruble, and the only to offer a Bruce Willis MasterCard. The front page of Trust Bank's website has three Bruce Willises. Via http://trust.ru Via Reuters: […]

How To Run Out Of Cash While Owning Half Of American Apparel

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Dov Charney, the founder of American Apparel, told Bloomberg News that he’s down to his last $ 100,000 and sleeping on a friend’s couch. How is that possible? American Apparel founder Dov Charney made headlines today for telling Bloomberg News he’s down to his last $ 100,000 and sleeping on a friend’s couch on New […]