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GameStop CEO George Sherman is stepping down, sending the stock soaring

GameStop CEO George Sherman is stepping down, sending the stock soaring

It’s game over for GameStop CEO George Sherman. The video game retailer and meme stock announced Monday that Sherman will be stepping down on July 31 — or earlier if a successor is found. The news is not a major surprise given that Ryan Cohen, the co-founder and former CEO of online pet supplies retailer…MORE

Taylor Swift is back at No. 1 for the third time in less than a year

Taylor Swift is back at No. 1 for the third time in less than a year

Taylor Swift stays making records and breaking records. According to Billboard she notched her ninth No. 1 album with the debut “Fearless (Taylor’s Version).” This makes her the first woman to ever score three new number one albums in less than a year following last year’s “Folklore” and “Evermore.” “Fearless (Taylor’s Version)” is the re-recorded…MORE

Faltering vaccine supplies in India is bad news for the world

Faltering vaccine supplies in India is bad news for the world

The world’s biggest vaccine producer is running out of Covid-19 shots as it struggles to keep pace with a huge surge in new infections. India typically produces more than 60% of all vaccines sold globally, and is home to the Serum Institute of India (SII), the globe’s largest vaccine maker. This vast manufacturing capability is why the country is a major…MORE

Peloton refuses to recall its Tread+ treadmill after 39 accidents. Its stock is tumbling

Peloton refuses to recall its Tread+ treadmill after 39 accidents. Its stock is tumbling

Peloton shares fell 7% in premarket trading following an “urgent warning” from the United States government telling owners of the company’s Tread+ to stop using the machine. On Saturday, the Consumer Product Safety Commission said it has become aware of 39 accidents involving the $4,295 treadmill, including “multiple reports of children becoming entrapped, pinned, and…MORE

Thanks, bitcoin! Traders say goodbye to quiet weekends

Thanks, bitcoin! Traders say goodbye to quiet weekends

Like kicking back and relaxing over the weekend? Then you probably don’t want to trade cryptocurrencies. What’s happening: After a hype-filled week, bitcoin suffered a flash crash on Saturday night, plunging nearly 14% in less than an hour. It was last trading above $56,000 — up from lows near $51,000, but still well below the…MORE

Football fan groups condemn ‘ultimate betrayal’ of European Super League

Football fan groups condemn ‘ultimate betrayal’ of European Super League

Football fan groups have reacted angrily to the prospect of the European Super League, calling it the “ultimate betrayal” and “cynical greed.” The breakaway league, which has been announced by 12 of Europe’s most prominent clubs, would involve 15 founding clubs and five other teams who would qualify each year based on achievements from the…MORE

Lizzo has heard from Chris Evans about her drunken DMs

Lizzo is feeling good as hell after Chris Evans replied to her flirty message. “Don’t drink and DM,” the “Truth Hurts” singer warned fans on TikTok on Saturday, revealing she had sent the “Avengers” star a drunken message on Instagram after one too many. In the video, Lizzo lip-syncs to a TikTok audio by Tatayanna…MORE