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EVs cost double to operate, can travel half as far, and require recharging, which isn’t ideal for an industry operating on thin margins.
At least one PE firm has reportedly spoken with Peloton as it considers going private, but no deal is certain.
The company’s Disney+ and Hulu platforms eked out $47 million in operating income. Just don’t ask about ESPN+.
Netflix is rolling out the first major redesign of its home hub since 2013, hoping people might watch more if inundated with less.
As vehicles become more connected and autonomous, they also collect a lot more data.
Oil industry titan Shell has sold millions of carbon credits linked to CO2 removal that never actually occurred, the Financial Times found.
As the latest MLB season kicks into full gear, fans in 15 markets across the US can’t watch local game broadcasts.
DoorDash binged Wednesday on British delivery rival Deliveroo, which it is set to acquire in a $3.9 billion deal.
First-quarter revenue rose, but global same-store sales grew just 1.9%, slightly below what Wall Street had predicted.
As Paramount Global very publicly pursues a sale, longtime executive Bob Bakish has found himself increasingly on the outs.
On Monday, the Financial Times said it struck a deal with OpenAI to allow the generative AI darling to license the FT’s content.
Microsoft hasn’t signed off on OpenAI’s dramatic reversal of its onetime plan to become a for-profit venture.
To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.
Canada’s Liberal Party won a majority promising to distance the country from the US, a major importer of Canadian crude.
As the US — and everywhere else — has digested multi-year inflation, pressure has mounted disproportionately on the restaurant sector.