The Weinstein Company lives to fight another day. An investor group reached a last-minute deal to buy its assets, just days after the company had filed for bankruptcy. The deal is worth $500 million, and leading the sale is President Obama's former head of the Small Business Administration, Maria Contreras Sweet. The sale had previously been held up after New York Attorney General Eric Schneiderman filed a civil suit against the Weinstein company.
REI is adding its name to the growing list of companies changing course because of the Parkland shooting.
The outdoor retailer is ending its relationship with Vista Outdoor. Vista owns a number of different brands that REI sells in its stores, such as Camelbak and Bell, but it also owns Savage Arms, a company that makes guns. After learning that Vista Outdoor would not make a statement about its gun policy, REI announced it would stop working with Vista.
Fox will finally air its "If I Did It" interview with OJ Simpson, more than a decade after taping it. The previously scrapped piece was taped in 2006 while Simpson was promoting a book detailing how he would have committed the murders of Nicole Brown Simpson and Ron Goldman. The Brown and Goldman families are now granting the network permission to air it, since Simpson won't profit off it in any way.
From snow in April to heatwaves in December, it’s hard to plan a trip in a climate change world. Startup Sensible Weather thinks weather-based travel reimbursements are the solution.
Between corporate debt and the widening gap between ‘the haves and the have nots,’ there are reasons to be cautious about the economy, even with interest rate cuts on their way.
If the A.I. hype hasn’t given you enough of a reason to be excited (and a little terrified), the CEO of Zapata AI says the next frontier is designing bridges or creating pharmaceutical drugs.
Stocks are near record highs, inflation is moderating, and analyst Deiya Pernas is 'optimistic' the U.S. is heading for a soft landing without a recession – which is good news for your wallet.
Google co-founders Larry Page and Sergey Brin loved pulling pranks, so much so they began rolling outlandish ideas every April Fools' Day not long after starting their company more than a quarter century ago.
Sam Bankman-Fried co-founded the FTX crypto exchange in 2019 and quickly built it into the world’s second most popular place to trade digital currency. It collapsed almost as quickly — by the fall of 2022, it was bankrupt.
The economic effects of the Baltimore bridge collapse, Americans are living longer but not better, and Gen Z and millennials are struggling to afford rent, let alone a mortgage.
