Albertons is buying a big portion of Rite Aid in a deal valued at $24 billion. Last year, Walgreens also reached a deal to buy part of Rite Aid. This comes as many traditional retailers are joining forces to compete with Amazon, which is shaking up nearly every industry.
Elon Musk's Boring Company is one step closer to making the Washington to New York City hyperloop a reality. Musk was granted a preliminary permit for the Washington part of the hyperloop. While this doesn't mean work can start immediately, it's a good sign for the Boring Company. Musk has said the hyperloop will transport people from DC to New York in just 29 minutes.
"Black Panther" smashed box office records in its opening weekend. The film raked in more than $235 million dollars in ticket sales. Us Weekly's Emily Longeretta says the stars were all aligned to make "Black Panther" a success, including a mostly black cast, a great storyline, and strong female characters. The cultural moment we're going through as a country also played a role in the film's success, according to Longeretta.
Plus, we're joined by Jason Brown, the CEO of the start-up subscription service Vitamin Packs. The company ships personalized vitamins to your door every month. Brown says the service is growing fast. Vitamin Packs just recently shipped out its 5000th order.
Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.
Grove Collaborative’s CEO shares how the company is reinventing everyday goods with sustainability at the core and working toward a plastic-free future.
Atlanta Mayor Andre Dickens shares plans for affordable housing, community-led growth, and why private and public grocery stores could be key to food equity.
Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30. The company reported Thursday that sales in the three months through September rose 7% compared to the same period a year ago. The gain follows two quarters of steep declines as people turned off by CEO Elon Musk’s foray into right-wing politics avoided buying his company’s cars and even protested at some dealerships. Sales rose to 497,099 vehicles, compared with 462,890 in the same period last year.
Tom’s Guide Editor-in-Chief Mark Spoonauer breaks down Apple & Amazon's latest product drops—what's hot, what's hype, and what really matters for users.
InnerPlant CEO Shely Aronov reveals how engineered crops like soybeans and corn emit signals when stressed—offering farmers early warnings to boost yields.