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.
Along with the $122 million from delinquent millionaires in October, nearly half a billion dollars in back taxes from rich tax cheats has been collected.
Greg Moran, CEO of Zoomcar, joined Cheddar to talk about the growth of the car-sharing platform, the company's recent debut on the NASDAQ, and its continued work in emerging markets.
Higher rents and food prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's drive to slow inflation to its 2% target will likely remain a bumpy one.
Tech companies of all sizes are showing off their latest gadgets at CES 2024 in Las Vegas. And that includes new technology that's changing the world of food and drinks.
