Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. Facebook grew its revenue and user count despite the coronavirus pandemic, an ads boycott, an antitrust regulatory hearing, and rising scrutiny over hate speech and content moderation on its services. “This was a strong […]

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. Neiman Marcus for years craved having a store in luxury’s global capital, New York City. The high-end department store chain finally reached that goal last year, but it proved to be fleeting. The company, […]

For Adam Dell, Marcus—Goldman Sachs’s consumer banking platform—is better equipped than most to deal with the banking industry’s new, post-COVID-19 normal. “There’s been a profound acceleration in the adoption of digital [banking] tools by consumers,” Dell, head of digital product management at Marcus, told Fortune on Wednesday in the wake of Goldman Sachs’s impressive second-quarter […]

Subscribe to Outbreak, a daily roundup of stories on the coronavirus pandemic and its impact on global business, delivered free to your inbox. Mass transit systems around the world have taken unprecedented — and expensive — steps to curb the spread of the coronavirus, including New York shutting down its subways overnight and testing powerful […]

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. Too many Americans are testing positive for COVID-19 as a percentage of all those screened for the disease—a worrisome indicator that many states still aren’t testing enough of their infected residents. Arizona, Florida, South […]

Marketplaces, even cybercriminal ones, are subject to the laws of supply and demand. Like more reputable merchants, purveyors of stolen goods have been hit by the coronavirus pandemic. As COVID-19 ravaged the world this year—forcing businesses to close and people to stay at home—demand for stolen credit card data has dropped on dark web shops. […]

Subscribe to Outbreak, a daily roundup of stories on the coronavirus pandemic and its impact on global business, delivered free to your inbox. U.S. officials estimate that 20 million Americans have been infected with the coronavirus since it first arrived in the United States, meaning that the vast majority of the population remains susceptible. Thursday’s […]

Earlier this month, the killing of George Floyd in the U.S. sparked massive anti-racism protests around Germany. But those tens of thousands of people did not just take to the streets out of solidarity; many were protesting structural racism in Germany itself. Some of this structural racism manifests itself in police behavior, as is the […]

In a commentary for Fortune yesterday, I wrote about the challenges that have kept law firms from achieving and retaining a diverse talent pool. But the challenge is anything but insurmountable. My experience here at Butler Snow and the success stories of women and nonwhite lawyers around the country make clear that there are effective […]

Step aside, tech startups. The newest enterprise where athletes are investing their money? Major League Soccer teams. Kevin Durant of the Brooklyn Nets became the latest to join the trend with the purchase of a minority stake in the Philadelphia Union, Sports Business Daily reported Thursday. According to the outlet, the stake runs somewhere between […]