A New York state appeals court on Tuesday temporarily lifted a court order requiring the New York Times to give up or destroy copies of legal memos written by a lawyer for the conservative group Project Veritas.
Why it matters: The case gained attention among First Amendment and press freedom advocates after a trial judge sided with Project Veritas last week and ordered the publication to return physical copies of the memos and destroy its electronic copies.
Returning unwanted gifts this holiday season is becoming so expensive for retailers that they just might let customers keep the products — and issue refunds anyway.
Why it matters: The cost of online returns is soaring, contributing to increased prices, product shortages and supply chain stress.
The big picture: The pandemic drastically reduced the number of people getting cosmetic skin treatments. But the rollout of the COVID vaccines and a larger, younger crowd willing to try Botox injections have led to swelling demand in dermatology offices and medical spas.
Banks and regulators around the world have managed to replace the plumbing of the entire financial system, even as almost nobody has noticed.
Driving the news: As of Monday, Libor — the interest rate that once underpinned some $300 trillion in financial contracts from derivatives to corporate credit lines — will effectively be dead.
Champagne sales are about to pop as revelers get ready to toast the new year, according to new data from Drizly.
By the numbers: The alcohol delivery startup said that 17% of all wine delivered in December is champagne, citing monthly sales data in the U.S. between 2019 and 2021.
Riot Games has agreed to settle a 2018 gender discrimination lawsuit for $100 million, the "League of Legends" giant and California agencies announced Monday evening.
By the numbers: Under the agreement, $80 million would be set aside for hundreds of women who are current and former employees in the California class-action lawsuit, according to statements by both parties.
Another 1,000 flights were canceled in the U.S. on Monday due to COVID-19 outbreaks among crews for a fourth straight day, with storms in the Pacific Northwest adding to the chaos, AP reports.
Why it matters: Thousands of customers have been affected by the latest pandemic-driven travel disruptions since Christmas Eve, with airlines including United blaming a "nationwide spike in Omicron cases" in recent days.
Powerful CEOs worry about their job security as much as the rest of us do — in fact, maybe even more.
The big picture: An eye-popping 72% of CEOs are worried about losing their jobs due to the disruptions facing their industries, according to a new report out today from the global consulting firmAlixPartners.
What they're saying: "Taking executive action will also make clear to those who hinder Build Back Better that the White House and Democrats will deliver for Americans," wrote Jayapal, chair of the Congressional Progressive Caucus, in a Washington Post op-ed.
