Friday's economy & business stories


Hope King
Aug 5, 2022 - Economy & Business

After "Batgirl": Warner/Discovery outlines strategy shift

Illustration of a film strip with one hundred dollar bills in each frame
Illustration: Annelise Capossela/Axios

Kevin Spacey must pay "House of Cards" makers $31 million

Actor Kevin Spacey leaves a court room.
Actor Kevin Spacey leaves a courtroom in London. Photo: Carl Court/Getty Images

When inflation takes out your favorite pie shop

Illustration of a pie with a dollar bill on the crust
Illustration: Natalie Peeples/Axios

Red-hot job market widens opportunity for more workers

Inflation hits back-to-school shopping

Illustration of a chalkboard in the shape of an upward arrow.
Illustration: Allie Carl/Axios

RIP federal minimum wage

Illustration of a dollar bill sign shaped gravestone
Illustration: Annelise Capossela/Axios

What lobster rolls tell us about the labor market

The $43.74 lobster roll
Photo: Felix Salmon

A bitcoin whale's last word at the helm

Photo illustration of Michael Saylor.
Photo illustration: Aïda Amer/Axios. Photo: Courtesy of MicroStrategy

Uniswap looks to spend some of its giant treasury

Illustration of a hand putting a ballot into a slit at the top of a safe as if it were an ballot box.
Illustration: Aïda Amer/Axios

Varo's perilous path

Illustration of a magnifying glass over a hundred dollar bill revealing the Varo logo
Illustration: Sarah Grillo/Axios

America's labor market is on fire

Illustration of a pattern of "we're hiring" signs, in different colors.
Illustration: Brendan Lynch/Axios
Hope King
Aug 5, 2022 - Economy & Business

Amazon to buy Roomba maker iRobot

iRobot Inc. signage is displayed outside of the company's headquarters in Bedford, Massachusetts, U.S.,
(Photo: Michael Fein/Bloomberg via Getty Images)

SPACs remain hotter than IPOs

Illustration of a hardcover book opened with pages made from personal checks
Illustration: Annelise Capossela/Axios

U.S. adds whopping 528,000 jobs in July as labor market booms

Crude oil is falling on signs of weak demand

A dozen states have tax-free school shopping this weekend

Sales tax holiday signs hang in a store
Photo: Kelly Tyko/Axios

What we're driving: Kia's electric, control-morphing EV6

Photo of a Kia EV6 plugged into a charging station on an urban street.
2022 Kia EV6 is the Korean carmaker's first electric model. Photo courtesy of Kia

Meta shuts down Russian troll farm linked to sanctioned Putin ally

Businessman Yevgeny Prigozhin shows Russian Prime Minister Vladimir Putin his school lunch factory outside Saint Petersburg on September 20, 2010.
Russian Prime Minister Vladimir Putin with businessman Yevgeny Prigozhin. Photo: Alexey Druzhinin/Sputnik/AFP via Getty Images