Dick's Sporting Goods announced it will stop selling assault-style weapons in its stores. The sports retailers will also no longer sell guns to anyone under the age of 21. This announcement comes exactly two weeks after the Parkland school shooting in Florida. In a statement, Dick's CEO Ed Stack called on lawmakers to pass "common sense gun reform." Critics were quick to note that Dick's Sporting Goods pledged to stop selling guns in 2012 following the Sandy Hook school shooting, but later started selling them again. Stack says this time it will be a permanent change.
Amazon is buying doorbell company Ring in a deal reportedly worth $1.1 billion. It's the company's second-largest acquisition, just behind Whole Foods. Ring doorbells have built-in cameras that allow users to see who's at the door remotely. Many speculate this is part of Amazon's push into home security and surveillance products. Last year, the e-commerce giant launched Amazon Key and a new smart cloud camera.
This week, Dunkin' Donuts rolled out a new partnership with the Girl Scouts. For a limited time, customers will be able to order coffee inspired by their favorite Girl Scout cookies. The three new flavors are thin mints, coconut caramel, and peanut buter cookie. Dunkin' Donuts chief marketing officer Tony Weisman told Cheddar he hopes this partnership will inspire young female entrepreneurs. Weisman also talked about the company's new modernized store location, simply called Dunkin'. The new store in Quincy, Massachusetts is one of 30 new Dunkin' locations planned nationwide. The stores will focus on using new technology, including showcasing the company's first drive-thru exclusively for mobile orders.
Plus, iconic choreographer and creative director Laurieann Gibson joins us to talk about her new Lifetime docu-series "Laurieann Gibson: Beyond the Spotlight." Gibson, who has collaborated with famous performers such as Beyonce, Michael Jackson, and Lady Gaga, is giving audiences a sneak peek at the process behind the art. She says people often don't know how much work goes into creating a performance, and she hopes this show will change that. Gibson also talks about her close relationship with Sean "Puffy" Combs. Gibson and Combs have worked together on a number of projects over the years. The show premieres this Friday, March 2 at 10 pm ET on Lifetime.
A big-screen adaptation of the anime “Chainsaw Man” has topped the North American box office, beating a Springsteen biopic and “Black Phone 2.” The movie earned $17.25 million in the U.S. and Canada this weekend. “Black Phone 2” fell to second place with $13 million. Two new releases, the rom-com “Regretting You” and “Springsteen — Deliver Me From Nowhere,” earned $12.85 million and $9.1 million, respectively. “Chainsaw Man – The Movie: Reze Arc” is based on the manga series about a demon hunter. It's another win for Sony-owned Crunchyroll, which also released a “Demon Slayer” film last month that debuted to a record $70 million.
The Federal Aviation Administration says flights departing for Los Angeles International Airport were halted briefly due to a staffing shortage at a Southern California air traffic facility. The FAA issued a temporary ground stop at one of the world’s busiest airports on Sunday morning soon after U.S. Transportation Secretary Sean Duffy predicted that travelers would see more flights delayed as the nation’s air traffic controllers work without pay during the federal government shutdown. The hold on planes taking off for LAX lasted an hour and 45 minutes and didn't appear to cause continued problems. The FAA said staffing shortages also delayed planes headed to Washington, Chicago and Newark, New Jersey on Sunday.
Boeing workers at three Midwest plants where military aircraft and weapons are developed have voted to reject the company’s latest contract offer and to continue a strike that started almost three months ago. The strike by about 3,200 machinists at the plants in the Missouri cities of St. Louis and St. Charles, and in Mascoutah, Illinois, is smaller in scale than a walkout last year by 33,000 Boeing workers who assemble commercial jetliners. The president of the International Association of Machinists says Sunday's outcome shows Boeing hasn't adequately addressed wages and retirement benefits. Boeing says Sunday's vote was close with 51% of union members opposing the revised offer.
The stunning indictment that led to the arrest of more than 30 people — including Miami Heat guard Terry Rozier and other NBA figures — has drawn new scrutiny of the booming business of sports betting in the U.S. The multibillion-dollar industry has made it easy for sports fans — and even some players — to wager on everything from the outcome of games to that of a single play with just a few taps of a cellphone. But regulating the rapidly-growing industry has proven to be a challenge. Professional sports leagues’ own role in promoting gambling has also raised eyebrows.
Tesla, the car company run by Elon Musk, reported Wednesday that it sold more vehicles in the past three months after boycotts hit hard earlier this year, but profits still fell sharply. Third-quarter earnings fell to $1.4 billion, from $2.2 billion a year earlier. Excluding charges, per share profit of 50 cents came in below analysts' estimate. Tesla shares fell 3.5% in after-hours trading. Musk said the company's robotaxi service, which is available in Austin, Texas, and San Francisco, will roll out to as many as 10 other metro areas by the end of the year.
Starbucks’ AI barista aims to speed service and improve experience. Nick Lichtenberg, Fortune Business Editor, explains its impact on workers and customers.
