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Category Archives: Uncategorized

Home sales barely budge from April to May in sluggish spring market

The traditionally busy spring selling season is bogged down by high interest rates, inflated prices and tight supply.

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Vice Media declares Fortress Investment Group the winning bidder in bankruptcy sale

Vice Media will be acquired by Fortress Investment Group and other creditors for $225 million.

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Key Boeing supplier stops production at Wichita plant after workers vote to strike

Spirit AeroSystems makes fuselages for Boeing’s 737 Max and parts for other aerospace manufacturers.

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Zaslav contacted Scorsese and Spielberg to ease fears around TCM layoffs

Warner Bros. Discovery CEO David Zaslav spoke with top filmmakers Martin Scorsese and Steven Spielberg to calm fears as layoffs hit Turner Classic Movies

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United to send flight disruption vouchers to travelers’ phones

United said its new app update will make it easier for customers to rebook, track bags and retrieve vouchers for hotels and meals during flight […]

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Olive Garden parent earnings beat estimates, fueled by strong LongHorn Steakhouse sales

Darden’s Olive Garden had a weaker-than-expected quarter, but LongHorn Steakhouse reported strong same-store sales growth.

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Boycotts rarely work — but anti-LGBTQ+ backlash is forcing companies into tough choices

The boycott of Bud Light is having a major effect on its sales, while the wave of anti-LGBTQ+ backlash is also affecting Target and Starbucks.

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Overstock.com wins auction for Bed Bath & Beyond’s intellectual property, digital assets

E-commerce discounter Overstock.com will buy Bed Bath & Beyond’s intellectual property and digital assets for $21.5 million.

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Pharmaceutical trade group sues Biden administration over Medicare drug price negotiations

PhRMA’s lawsuit is the fourth legal challenge to the law after separate suits from Merck, Bristol Myers Squibb and the U.S. Chamber of Commerce.

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CDC advisory panel backs use of GSK and Pfizer RSV vaccines in adults 60 and older

The CDC panel’s recommendation moves the U.S. closer to making the respiratory syncytial virus shots from Pfizer and GSK available to seniors.

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