The Netflix logo is shown on one of the streaming giant’s Hollywood buildings in Los Angeles on July 12, 2023. Mike Blake | Reuters Netflix will stream Christmas Day NFL games for the next three years, in its first true step into live sports. The streaming platform will show two games on Christmas Day this … Read more
Zum EV charging station with school buses. Zum The night life of school buses is about to get more interesting. Zum, which provides student transportation including EV buses to 4,000 schools across the country, is partnering with the Oakland Unified School District to start selling power stored in EV batteries back to the California utility … Read more
Boeing 737 MAX airplanes are pictured outside a Boeing factory on March 25, 2024 in Renton, Washington. Stephen Brashear | Getty Images Boeing violated a 2021 settlement that protected it from criminal charges tied to the fatal 737 Max crashes, opening the company up to potential U.S. prosecution, the Department of Justice said Tuesday. Federal … Read more
Victor J. Blue | Getty Images News | Getty Images AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday during the revived meme stock craze triggered by the return of “Roaring Kitty.” The movie theater operator sold 72.5 million shares in an at-the-market equity offering that it launched on March … Read more
Indiana Fever guard Caitlin Clark, #22, drives to the basket against Atlanta Dream guard Destanni Henderson, #33, during a WNBA preseason game at Gainbridge Fieldhouse in Indianapolis, Indiana, on May 9, 2024. Brian Spurlock | Icon Sportswire | Getty Images The Women’s National Basketball Association regular season opens Tuesday night with breakout star Caitlin Clark … Read more
Cars drive near an AMC Theatre on March 29, 2023 in New York City. Leonardo Munoz | View Press | Corbis News | Getty Images Can AMC Entertainment capitalize on a second meme craze? The stock, alongside GameStop, surged this week after “Roaring Kitty,” the man who inspired the massive short squeeze of 2021, posted … Read more
Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters. The big-box retailer confirmed the layoffs and relocations in a memo sent to employees Tuesday. In the memo, Chief People Officer Donna Morris said the move is meant to bring more of its employees back … Read more
Comcast said Tuesday it will introduce a streaming bundle for its cable, broadband and mobile subscribers, tying together Peacock, Netflix and Apple TV+ at a discounted rate. The announcement, made Tuesday at the MoffettNathanson media conference in New York, comes as major media players increasingly join forces to drive value for users and subscriptions for … Read more
Smokey Bones at Broadcasting Square. Tim Leedy | Medianews Group | Getty Images Fat Brands said Tuesday it has confidentially filed to take its Twin Peaks and Smokey Bones restaurant chains public through an initial public offering, less than a week after federal authorities charged the restaurant company and its chair Andy Wiederhorn for an … Read more
Stellantis CEO Carlos Tavares and Leapmotor founder and CEO Zhu Jiangming shake hands in relation to new partnerships between their companies. Stellantis Automaker Stellantis expects to quickly grow sales of China-made electric vehicles outside of the country through a new joint venture with Leapmotor, starting later this year, according to the two companies. The companies … Read more
