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Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45

1

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

3

Marc Lore’s robots make 500 burrito bowls an hour. A human can make 45
Arts & EntertainmentStephen Colbert

Watch Stephen Colbert skewer celebrity lifestyle brands

By
Benjamin Snyder
Benjamin Snyder
Managing Editor
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By
Benjamin Snyder
Benjamin Snyder
Managing Editor
Down Arrow Button Icon
September 18, 2015, 11:04 AM ET
President Obama Tapes An Interview For The Colbert Report with Stephen Colbert
WASHINGTON, DC - DECEMBER 8: (AFP OUT) Television personality Stephen Colbert during a taping of Comedy Central's "The Colbert Report" with U.S. President Barack Obama in Lisner Auditorium at George Washington University on December 8, 2014 in Washington, DC. This is President Obama's third appearance on "The Colbert Report" that will broadcast its final show on Dec. 18. (Photo by Andrew Harrer-Pool/Getty Images)Photograph by Getty Images

Stephen Colbert used a segment of his new late night television show to poke fun at celebrities who use their popularity to push brands on consumers. Gwyneth Paltrow, Blake Likely, Ellen DeGeneres and Reese Witherspoon were all targets, before Colbert introduced his own (fake) brand, Covetton House.

In the video, Colbert sits on a couch discussing the items his fictitious brand sells, including coasters, a tie rack, a couch and a wallet made by a bison, all for hundreds of dollars.

“As a celebrity, my life is filled by luxury items. hand-selected jewelry and the illusion of free time,” he began the segment. Colbert then launches into the ridiculous products his brand is pushing.

Notably, Colbert’s show is losing the ratings war to Jimmy Fallon so far. It just started earlier in September, however, so he hasn’t had much time to establish himself in the new program.

About the Author
By Benjamin SnyderManaging Editor
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Benjamin Snyder is Fortune's managing editor, leading operations for the newsroom.

Prior to rejoining Fortune, he was a managing editor at Business Insider and has worked as an editor for Bloomberg, LinkedIn and CNBC, covering leadership stories, sports business, careers and business news. He started his career as a breaking news reporter at Fortune in 2014.

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