What the JBS cyberattack means for meat supply
Some shoppers may want to brace themselves for yet another possible supply crunch — this time with meat. Major beef and pork producer JBS USA…
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AMC shares jump more than 120% to an all-time high
The hits keep coming. Shares of AMC — the largest movie theater chain in the world — surged more than 120% Wednesday to a new peak above $70…
Continue ReadingMartha’s Vineyard ferry disrupted by ransomware attack
A ransomware attack has disrupted ferry services in Cape Cod, Martha’s Vineyard and Nantucket. The region’s Steamship Authority announced…
Continue ReadingNewsrooms begin to welcome vaccinated staffers back to offices with ‘soft’ reopenings
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Tuesday was the first…
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Ally Bank eliminates overdraft fees
Ally Bank announced Wednesday that it is eliminating overdraft fees — a key source of revenue for banks but a burdensome charge for customers.…
Continue ReadingChamber of Commerce: Worker shortage can’t be solved without ramping up immigration
As businesses grapple with record-high job openings, the US Chamber of Commerce is loudly calling on Washington to allow more foreign workers to…
Continue ReadingDollar stores are starting to offer fresh food after years of criticism
Dollar store chains are starting to offer fresh groceries at some stores after years of criticism that they don’t provide enough healthy food…
Continue ReadingAMC shares jump more than 90% to an all-time high
The hits keep coming. Shares of AMC — the largest movie theater chain in the world — surged more than 90% early Wednesday to a new peak above $60…
Continue ReadingTyson CEO steps down after less than a year
Tyson CEO Dean Banks is leaving the company after less than a year on the job. “Stepping down and concentrating on my family is the right…
Continue ReadingTrump shuts down his blog after less than a month
The blog page that former President Donald Trump launched less than one month ago, after his team suggested he’d be launching a major new…
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Is Amazon the spark that reignites cannabis stocks?
After struggling in recent months, companies that focus on the booming marijuana sector could be primed for a takeoff. What’s happening:…
Continue ReadingA major meat producer was hacked. Here’s what you need to know
By now, you’ve probably heard of a cyberattack involving JBS — one of the country’s largest meat producers. But what is JBS? And what…
Continue ReadingAMC shares soar again thanks to Reddit and a huge box office weekend
After a big box office weekend for “A Quiet Place,” AMC stock was making a lot of noise on Tuesday. Shares of AMC Entertainment shot up…
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JBS hack shuttered nine US beef plants but normal operations to resume Wednesday
Meat producer JBS closed nine of its US beef processing plants on Tuesday following a cyberattack that took down its IT systems, but the company…
Continue ReadingCybersecurity firm NortonLifeLock will let customers mine crypto
Mining for bitcoin and other cryptocurrencies is typically done by companies that own massive server farms operating outside of the United States.…
Continue Reading‘Baby Shark’ backer gets a bounce from Elon Musk tweet
Elon Musk has turned his attention from Shiba Inu dogs to baby sharks — and investors are singing along. The Tesla CEO’s tweet late Tuesday…
Continue ReadingAmazon announces dates for this year’s Prime Day
Amazon’s Prime Day sales event will be held June 21 and 22, the company said Wednesday. Amazon usually holds Prime Day in the summer, but last…
Continue ReadingWhat the JBS cyberattack means for your meat supply
American shoppers may want to brace themselves for yet another possible supply crunch — this time with meat. JBS USA, the country’s top beef…
Continue ReadingWarnerMedia and Discovery unveil new company name
WarnerMedia and Discovery have revealed the name that their soon-to-be-combined companies will take once they are fused together: Warner Bros.…
Continue ReadingSam’s Club is bringing back free samples
Sam’s Club is the latest warehouse chain to bring back food samples, joining rival Costco in returning to a pre-pandemic shopping staple.…
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