Business

On Route 66, a family is restoring the only gas station built for Blac

If you were to travel on Route 66 in the early 1900s, you probably passed the Threatt Filling Station, a family-owned gas station for Black travelers traversing the famous route from Chicago to Southern California. But after closing in the 1970s, the station eventually fell into disrepair. Now the Threatt family is looking to revitalize …

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Supply chain issues will continue well into 2022—with a twist

Everything was about shortages in 2021. COVID vaccine shortages at the start of the year were replaced by fears that we would struggle to buy turkeys, toys, or electronic gizmos to put under the Christmas tree. For most of the year, supermarket shelves, car showrooms, and even gas stations were emptier than usual. Some shortages …

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Cathay Pacific Faces ‘Legal Action’ Over Hong Kong Virus Outbreak: Leader

Cathay Pacific is being investigated and faces possible legal action over an Omicron variant coronavirus outbreak in Hong Kong that began with the airline’s employees, the city’s leader said Tuesday. The revelation came as chief executive Carrie Lam announced the suspension of all kindergarten and primary schools until after the Lunar New Year in early …

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Inside Coinbase CEO Brian Armstrong’s $133M House With 10 Bedrooms, 13 Bathrooms

KEY POINTS Brian Armstrong bought the Bel Air estate from a company linked to Japanese entrepreneur Hideki Tomita last month The property has a 19,000-square-foot mansion and a 6,600-square-foot guest house The main house is the only residential home designed by British architect John Pawson in Los Angeles Brian Armstrong, CEO and co-founder of cryptocurrency trading platform Coinbase, is the …

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Timberland wants you to send back your old boots to be upcycled

“Circularity” has become a buzzword in the fashion world, with brands using the catchall term to refer to everything from using eco-friendly materials to selling secondhand goods. But becoming a truly circular company is harder than it looks, as Timberland, the iconic American boot brand founded in 1975, is discovering firsthand. [Photo: courtesy Timberland] Today …

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American Giant doubled down on local manufacturing during the pandemic

Many fashion brands believe it’s nearly impossible to manufacture their products in the U.S.—after all, only 3% of apparel sold in the country is made locally. But Bayard Winthrop, American Giant’s CEO, says it’s not as hard as you might think. Since he launched the brand a decade ago, he’s been painstakingly building out a …

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Cruise Cancellations Sail In As COVID Infections Takeover 92 Ships In US Waters

The Centers for Disease Control and Prevention recently warned American travelers about setting sail on cruise ships as the COVID variant Omicron continues to surge. On Thursday, Norwegian Cruise Lines (NCLH) and Royal Caribbean Cruises (RCL) became the first to announce a slew of cruise cancellations. Norwegian Cruise line canceled a number of voyages through April …

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