menu_open Columnists
Cris Tolomia

Cris Tolomia

Quartz

We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Buy a footlong, get one free. Subway is starting National Sandwich Day early

The chain is bringing back its Fritos Chicken Enchilada Sub and Caramel Apple Cookie, with the offer running through Nov. 8

latest 0

Quartz

Cris Tolomia

Dow rises 200 points as oil falls and chip stocks rally ahead of a Fed decision

Chip and AI stocks rose as Anthropic filed for an IPO, and traders see a 90% chance the Fed holds rates on Wednesday

latest 0

Quartz

Cris Tolomia

Apollo is buying a nearly 10% stake in Mubadala Capital, an Abu Dhabi asset manager

Apollo and other new investors are expected to commit an aggregate $5 billion to Mubadala Capital's strategies at initial close

latest 0

Quartz

Cris Tolomia

JetBlue creditors are hiring restructuring advisers as bonds crash to 42 cents

JetBlue's $2 billion of notes due 2031 traded near 80 cents on the dollar this month; its stock has fallen more than half since August

latest 0

Quartz

Cris Tolomia

Bon Secours Mercy Health affiliate will buy Surgery Partners for about $5.7 billion

Surgery Partners shareholders other than Bain Capital would receive $23.50 a share in cash; the deal is expected to close in early 2027

latest 0

Quartz

Cris Tolomia

Fanatics is using OpenAI's Codex to build an AI outfit-matching tool for sports fans

The "Shop the Look" feature pairs items by team and style, and views of recommended products rose 10% after rollout

latest 0

Quartz

Cris Tolomia

Apple is unveiling its first iPad mini with an OLED screen, starting at $699

The 8.5-inch tablet runs on the A20 Pro chip and is water resistant; pre-orders open Wednesday and orders arrive Nov. 6

latest 0

Quartz

Cris Tolomia

McDonald's is bringing back the McRib, but only to select U.S. cities

The sandwich returns Oct. 27 in Los Angeles, Chicago, Miami, Atlanta, Philadelphia and Dallas, with more locations expected to be announced

latest 0

Quartz

Cris Tolomia

Wonder is planning 100+ Texas locations and user-built restaurants as it eyes an IPO

The food startup founded by Marc Lore has raised $3.3 billion and hired a chief financial officer as it prepares to go public

latest 0

Quartz

Cris Tolomia

Anthropic filed for an IPO months after SpaceX set the all-time record

The Claude maker's S-1 shows $16.3 billion in first-half revenue and an $80.7 billion net loss; price range and share count are blank

latest 0

Quartz

Cris Tolomia

Netherlands will cut about 25,000 government jobs in AI efficiency drive

The cabinet must save €900 million in 2027, rising to €3.5 billion from 2035, with police and defense exempt from the cuts

latest 0

Quartz

Cris Tolomia

Ex-Blackstone dealmaker's real estate firm raised $1.9 billion for second fund

The Town Lane Management fund received commitments from U.S. endowments, foundations, family offices and pension funds

latest 0

Quartz

Cris Tolomia

Chiquita's CEO warned El Niño could make 2027 the worst year for bananas in decades

Carlos López Flores said the industry will sell fewer bananas next year, with war and weather pushing up grower costs

latest 0

Quartz

Cris Tolomia

Amgen's cancer drug combo cut death risk by 58% in lung cancer trial

Median survival reached 21.1 months with Imdelltra plus AstraZeneca's Imfinzi, versus 12.7 months for Imfinzi alone

latest 0

Quartz

Cris Tolomia

Meta is raising about $35 billion in stock for AI, with Nvidia and AMD as potential buyers

Broadcom joins Nvidia and AMD in signaling interest in up to $5.0 billion of Class A stock; the indications are nonbinding

latest 0

Quartz

Cris Tolomia

Anthropic's Claude accessed Georgia voter data by bypassing a paywall on its own

Anthropic said Claude stayed out of Georgia's voter registration system and changed or pulled no voting records

latest 0

Quartz

Cris Tolomia

U.S. Halloween candy sales are falling as chocolate prices and costs bite

NielsenIQ data show sales fell 6.7% in the month ending Oct. 17, while a candy trade group says it remains optimistic

latest 0

Quartz

Cris Tolomia

Moderna and Merck's personalized mRNA cancer vaccine cut melanoma recurrence risk by 42%

The therapy, given with Keytruda, cut the risk of distant metastasis or death by 38%, and overall survival data remain immature

latest 0

Quartz

Cris Tolomia

Roche's experimental lung cancer drug beat two rivals in a pivotal trial

Median overall survival reached 17.7 months with divarasib versus 12.0 months for sotorasib or adagrasib in a 338-patient phase III study

latest 0

Quartz

Cris Tolomia

U.S. crude falls over 2% as Houthi attacks on Saudi Arabia rattle traders

WTI fell 2.19% to $101 and Brent fell 1.89% to $114.51 as traders weighed supply risks against demand worries

latest 0

Quartz

Cris Tolomia

22 companies are blocking OKX and ICE's plan to trade their tokenized stocks

Six more companies, including Wells Fargo and Intuit, have opted out, joining Microsoft and Alphabet on the list of objectors

latest 0

Quartz

Cris Tolomia

Anthropic is set to publicly file for a potentially record IPO Monday

The AI company behind Claude expects its offering to match or beat the size of SpaceX's IPO, according to Bloomberg

latest 0

Quartz

Cris Tolomia

Fed is widely expected to hold rates steady despite a case for hiking

Policymakers are due to announce their decision on Wednesday, less than a week before the Nov. 3 midterm elections

latest 0

Quartz

Cris Tolomia

Morgan Stanley warned chip stocks could fall up to 15% more before bottoming

Strategist Mike Wilson is keeping Morgan Stanley's year-end S&P 500 forecast of 8,000 while flagging funding concerns for AI spending

latest 0

Quartz

Cris Tolomia

Verizon signed a $2 billion-plus AI deal with Amazon as it raised its annual forecast

Verizon added 406,000 net postpaid phone customers in the third quarter and lifted its 2026 target to 1.1 million to 1.2 million

latest 0

Quartz

Cris Tolomia

Meta is raising up to $95 billion in equity to fund its AI buildout

Meta launched about $35 billion of stock offerings and plans a $60 billion at-the-market program not expected to start until 2027

latest 0

Quartz

Cris Tolomia

AstraZeneca is readying its own cancer-targeting drug for regulatory approval after trial win

Sone-Ve cut the risk of death by 42% in a Phase III gastric cancer trial; median survival was 10.6 months versus 6.4

latest 0

Quartz

Cris Tolomia

Netflix users are watching less as per-person engagement declines

Customers are opening the app on fewer days a month, a decline that began after the 2022 crackdown on password sharing

latest 0

Quartz

Cris Tolomia

LIV Golf paid its CEO $6.4 million in the months before filing for bankruptcy

LIV Golf's court filings show $15.6 million in retention payments to seven executives, including its CFO and chief legal officer

latest 0

Quartz

Cris Tolomia

Cheaper oil lifts stock futures, but the AI trade and the Fed still loom large

Dow futures added 209 points as Brent crude fell 1.7%, with the Fed due to announce its rate decision on Wednesday

latest 0

Quartz

Cris Tolomia

Trump's beef tariff pause is rattling ranchers as U.S. midterms near

Cattle auction prices fell after the August order, and groups including the National Cattlemen's Beef Association opposed it

latest 0

Quartz

Cris Tolomia

20 best things to do in Kyoto: the ultimate first-timer's guide

A first-timer's guide to the best things to do in Kyoto, from Fushimi Inari and Kiyomizu-dera to burnt ramen and a 300-year-old ryokan

latest 10

Quartz

Cris Tolomia

More than half of all bitcoin can't be tied to a known owner, Galaxy found

The unattributed coins may belong to individuals in self-custody, lost wallets or institutions Galaxy has not identified

latest 10

Quartz

Cris Tolomia

Elon Musk warned more than 200 AI cloud companies are headed for mass failure

Musk said debt markets have cut off funding for firms that depend on AI data centers, and neocloud stocks fell Monday

latest 10

Quartz

Cris Tolomia

SoftBank is planning a $50 billion AI and data center push in Malaysia

Prime Minister Anwar Ibrahim said Masayoshi Son has identified sites in Kuching, Sarawak, and peninsular Malaysia

latest 0

Quartz

Cris Tolomia

Bitcoin slips below $80,000 as AI concerns and Fed caution hit crypto

The largest cryptocurrency dipped as much as 1.4% to under $79,300 as investors awaited the Fed's Wednesday decision

latest 0

Quartz

Cris Tolomia

Audi plans to build its first U.S. manufacturing plant in Georgia to cut tariff costs

The Volkswagen-owned brand plans to invest around $4 billion and create about 4,500 jobs; Volkswagen's supervisory board must make the final decision

latest 0

Quartz

Cris Tolomia

Musk said SpaceX closed $40 billion in debt financing for AI chips

Musk said debt markets have shut off funding for AI companies without other revenue and predicted a shakeout among neoclouds

latest 0

Quartz

Cris Tolomia

15 back exercises that take just 15 minutes a day

These back exercises build core strength and spinal flexibility in 15 minutes a day, easing pain and helping prevent flare-ups

latest 0

Quartz

Cris Tolomia

EasyJet is adding SpaceX's Starlink satellite Wi-Fi to its full fleet

The U.K. airline plans to roll out inflight internet from the first half of 2027, with installation expected to finish by early 2028

latest 0

Quartz

Cris Tolomia

20 most scenic train journeys in the world, and why slow travel wins

The most scenic train journeys in the world, from the Glacier Express to The Ghan, and why slow travel by rail is replacing short-haul flights

friday 4

Quartz

Cris Tolomia

4 human foods dogs can eat and 6 the AKC says to avoid

Human foods dogs can eat include cooked eggs, cooked salmon, plain yogurt and peanut butter, while chocolate, garlic, macadamia nuts and three others...

friday 6

Quartz

Cris Tolomia

The Dow falls more than 500 points as oil hits highest level in months

West Texas Intermediate futures topped $100 a barrel on fears of renewed U.S.-Iran conflict as American Express fell

friday 9

Quartz

Cris Tolomia

U.S. safety regulators are proposing cyan lights to mark self-driving cars

The optional lamps would signal to police and other drivers that an automated system is in control, under a proposed update to lighting rules

friday 6

Quartz

Cris Tolomia

The U.S. designated helium as a critical material for semiconductor supply chains

The Energy Department said helium has no viable substitutes in many semiconductor applications as global demand outpaces production

friday 4

Quartz

Cris Tolomia

Ukraine says Starlink restrictions are still in place despite Trump's claims

Drones moving faster than 100 mph lose their connection, officials say; Trump says he will speak to Musk if service is not fixed

friday 4

Quartz

Cris Tolomia

Consumer sentiment has fallen to a five-month low on inflation fears

The University of Michigan index edged down to 48.0 from 48.1 in October as year-ahead inflation expectations rose to 4.7% from 4.6%

friday 7

Quartz

Cris Tolomia

A top regulator said it's investigating oil trades before Iran announcements

The agency's enforcement division has been looking at oil trading since March 23, the date of a spike before Trump backed off Iran strike threats

friday 6

Quartz

Cris Tolomia

Apple's foldable iPhone Duo is now on sale. Supply already can't keep up with demand

U.S. online orders carried an average shipping delay of 92 days this week, and walk-in stock is limited in many countries

friday 6

Quartz

Cris Tolomia

Lycia Therapeutics stock surges in IPO debut after pricing about $317.5M offering

The drug developer priced 17.64 million shares at $18 each, and the offering is expected to close on Oct. 26

friday 5

Quartz

Cris Tolomia