Business
All the latest news stories about the business world: mergers, IPOs, trends, personalities, and more
The Card That Changed Collecting Forever: Why Logan Paul’s Pikachu Is Breaking the Market
Logan Paul and Ken Goldin break down the collectibles boom, rare Pokémon cards, auction strategy. Plus, Logan’s take on Jake Paul’s fight.
Holiday Drivers Catch a Break as Gas Prices Hit Multiyear Lows
U.S. gas prices have stayed below $3 a gallon for most of December, marking the cheapest holiday fuel costs since 2020, according to AAA.
Disney to Pay Comcast for Full Control of Hulu
Disney is set to pay just over $438 million to Comcast in order to acquire stake in Hulu, buying the remaining stake in 2023 to take full ownership.
Tony Awards draw best audience in 6 years for CBS
The Tony Awards on Sunday lured 4.85 million viewers to CBS, its largest broadcast audience in six years. CBS says Monday that Nielsen data shows the telecast — hosted by “Wicked” star Cynthia Erivo — scored a 38% increase over last year’s 3.53 million viewers. That’s the largest audience for the Tonys since 2019, when the telecast that year nabbed 5.4 million viewers and “Hadestown” was crowned best new musical. The latest version also had to compete with the second game of the NBA Finals, between the Thunder and Pacers,
Apple unveils software redesign while reeling from AI missteps
After stumbling out of the starting gate in Big Tech’s pivotal race to capitalize on artificial intelligence, Apple tried to regain its footing Monday during a developers conference that focused mostly on incremental advances and cosmetic changes in its technology.
Leaders of women’s wellness company OneTaste guilty of forced labor
The leaders of a sex-focused women’s wellness company that promoted “orgasmic meditation” have been convicted of federal forced labor charges.
Warner Bros. will break up their cable and streaming businesses
Cords keep getting cut, so Warner Bros. plans to split streaming and cable into two publicly traded entities.
DA: Suspect in UnitedHealthcare CEO killing said he ‘had it coming’
Six weeks before UnitedHealthcare CEO Brian Thompson was gunned down outside a Manhattan hotel last December, Luigi Mangione mused about rebelling against “the deadly, greed fueled health insurance cartel” and expressed that killing the executive “conveys a greedy bastard that had it coming."
Shaq and Iverson revive Reebok from obscurity in ‘Power Moves’
Shaquille O’Neal and Allen Iverson once clashed on the court in the 2001 NBA Finals, but now the basketball legends are joining forces to revive the Reebok brand they helped make iconic.
Midea recalling 1.7 million of its popular air conditioners due to mold concern
Midea is voluntarily recalling about 1.7 million of its popular U and U+ Smart air conditioners because pooled water in the units may not drain fast enough, leading to mold growth.
Elon Musk pulls back on threat to withdraw Dragon spacecraft
Elon Musk is dialing back his threat to decommission a capsule used to take astronauts and supplies to the International Space Station for NASA. T
