Why Amazon just spent more than $8 billion on MGM
MGM, a classic Hollywood brand synonymous with “The Wizard of Oz” and Leo the roaring lion, was purchased for $8.45 billion on Wednesday…
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Walgreens and CVS shares sink on report that Amazon is mulling physical drug stores
Shares of Walgreens, CVS and Rite Aid dropped Wednesday following a report that Amazon is considering opening brick-and-mortar pharmacies in the…
Continue ReadingMcDonald’s BTS deal is here, and it’s more than we expected
Fans eager for the “BTS Meal” at McDonald’s will be excited to hear that collaboration goes beyond nuggets. McDonald’s is…
Continue ReadingShe made her career working in restaurants. Then the pandemic happened
After about four years at The Sports Bar, a neighborhood restaurant in Ann Arbor, Michigan, Mandi Steed put in her two weeks notice this past spring.…
Continue ReadingFord plans $30 billion electric vehicle investment by 2025
Ford is doubling down on electric vehicle development, announcing Wednesday it will invest $30 billion in electrification efforts by 2025. The…
Continue ReadingAs masks fall out of fashion, Etsy sellers ask themselves, ‘now what?’
A recent easing of mask-wearing guidelines from the US government was a welcome change for many Americans. That wasn’t entirely the case for…
Continue ReadingThis Japanese newspaper is sponsoring the Olympics. Its editors want the event canceled
A leading newspaper in Japan that is sponsoring the Olympic Games in July has published an editorial calling for the event to be canceled as the…
Continue ReadingExxon is facing a climate rebellion it may be unable to put down
ExxonMobil’s response to the climate crisis could very well be decided on Wednesday. For the first time in modern history, America’s…
Continue ReadingBig Oil’s day of reckoning on the climate is here
The future of Big Oil could look very different following a critical shareholder meeting in the United States and a legal decision in Europe.…
Continue ReadingTesla sets up data center in China amid spying concerns
Tesla says it has set up a new facility in China to store local user data as the company faces heightened scrutiny over whether its cars there could…
Continue Reading‘F9’ star John Cena says he loves China after Taiwan remark stokes anger
“F9” star John Cena has professed his love for China after calling Taiwan a “country” during an interview that generated a…
Continue ReadingNews anchors say Marjorie Taylor Greene’s offenses are ‘part of something bigger’
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. This moment on…
Continue ReadingAmerican journalist detained in Myanmar while trying to fly out of country
An American journalist working in Myanmar was detained by local authorities Monday, his family and his news organization told CNN. Danny Fenster, 37,…
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Planes are filling up and tickets are very expensive
Americans making summer vacation plans are about to find airfare costs are near or even above pre-pandemic levels, according to the nation’s…
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Planes are filling up and tickets are ridiculously expensive
Americans making summer vacation plans are about to find airfare costs are near or even above pre-pandemic levels, according to the nation’s…
Continue ReadingAssociated Press employees want answers after reporter’s firing
More than 100 employees at the Associated Press have signed an open letter calling for more information about the recent firing of 22-year-old…
Continue ReadingGeorge Floyd’s death was a wake-up call for Corporate America. Here’s what has — and hasn’t — changed
One year ago today, the world watched George Floyd’s life slowly slip away under the knee of a Minneapolis police officer. The outpouring of…
Continue ReadingWalmart apologizes to people who received racist emails
Walmart has apologized to people who received emails containing the n-word in an earlier message from the retailer. On Monday, Walmart said someone…
Continue ReadingThis company wants to deliver your groceries in 10 minutes
A German e-commerce startup wants to disrupt the New York City grocery market with deliveries to customers’ apartments in 10 minutes or less.…
Continue ReadingExxon uses Big Tobacco’s playbook to downplay the climate crisis, Harvard study finds
For decades, ExxonMobil has deployed Big Tobacco-like propaganda to downplay the gravity of the climate crisis, shift blame onto consumers and…
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