Industries

Industries

Microsoft Holds Out on OpenAI Nonprofit Plan

Photo by TechCrunch via CC BY 2.0

Microsoft hasn’t signed off on OpenAI’s dramatic reversal of its onetime plan to become a for-profit venture.

2 min read

(Photo by Donreál Lunkin on Unsplash)

Media & Entertainment

AMC Swung to a Profit, Still Needs More Cash

AMC, the world’s largest movie theater chain, said Thursday that it filed to offer up to $350 million of stock.

1 min read
(Photo by Ross Sokolovski on Unsplash)

Industrials

American Airlines Is Trying to Poach All the Industry’s Pilots

To combat a crippling pilot shortage, PSA Airlines is dangling bonus packages worth $250,000 to lure pilots.

1 min read
(Photo by Impuls Q on Unsplash)

Healthcare

Amazon Offers Prime Members a Discount For its Posh Healthcare Service

Amazon said Wednesday it plans to offer Prime subscribers low-cost annual memberships to its boutique One Medical primary care business.

1 min read

Industries

DoorDash Scoops up British Rival Deliveroo in Global Push

Photo by Carl Campbell via Unsplash

DoorDash binged Wednesday on British delivery rival Deliveroo, which it is set to acquire in a $3.9 billion deal.

1 min read

(Photo by James Frid on Pexels)

Consumer

Nestlé Pours $100 Million into Food Delivery Startup Wonder Group

Nestlé is investing $100 million into Wonder Group, Marc Lore’s food-truck-turned-regular food delivery startup.

1 min read
(Photo by Jacob Rice/Unsplash)

Media & Entertainment

Money Talks: The NCAA’s NIL Era is Already Evolving

This is the third school year of the NCAA’s NIL era, granting student-athletes the right to benefit from their Name, Image, and Likeness.

6 min read
(Photo Credit: Yvette de Wit/Unsplash)

Media & Entertainment

Music Copyright Revenue Is Reaching a High Note

Annual global revenue generated by music copyrights has grown to $41.5 billion, the Financial Times reported.

1 min read

Policy & Power

US Gains Ground in Hypersonic Arms Race

Photo via Stratolaunch

The US is breaking past Mach 5 and catching up to China and Russia in futuristic, hypersonic military technology.

2 min read

Photo by Ian Hutchinson via Unsplash

Healthcare

Moderna Takes $1.3 Billion Hit From Sluggish Covid Vaccine Uptake

Moderna posted a quarterly loss of $3.63 billion, half of which was accounted for by unused Covid-19 shots past their expiration date.

2 min read
(Photo by Ben White on Unsplash)

Consumer

Starbucks, Coffee Drinkers Don’t Have Time for a Struggling Economy

Shares of Starbucks jumped more than 9% Thursday after the company posted better-than-expected Q4 earnings.

1 min read
(Photo by Mathilde Langevin on Unsplash)

Industrials

Sugar Shortages Loom as Supply Gets Sticky

Logistical holdups at ports in Brazil combined with poor sugar crops in other major sugar-producing nations is stretching supply of the crop.

1 min read

Industries

Skechers Takes $9 Billion Buyout as Shoe Stocks Skid

Photo by Harrison Keely via CC BY 4.0

Skechers, known for its comfortable and affordable sneakers, agreed to a $9.4 billion deal to be taken private by 3G Capital.

2 min read

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