GM to Help Laid Off Employees
Today General Motors (GM) has announced it will help some employees who will be laid off in the near future.
Last month, GM released some...
Female-centered dating app Bumble preparing for possible IPO in 2021
Bumble, a female-centered dating app, is making plans for an initial public offering (IPO) as early as the first quarter of 2021. It is...
Lucky Brand acquired by Simon and Authentic Brands
Simon Property Group and Authentic Brands Group (ABG) have teamed up in an unlikely deal to acquire bankrupt denim maker Lucky Brand for $140.1...
Washington D.C. Attorney General sued DoorDash for allegedly deceiving consumers
Attorney General Karl Racine of Washington D.C. filed a lawsuit against DoorDash for allegedly deceiving consumers related to their tips for workers.
In the lawsuit,...
Amazon leads $575 million investment round for Deliveroo
Amazon (NASDAQ: AMZN) is leading a $575 million funding round for Deliveroo, a food delivery company based in the United Kingdom.
Deliveroo’s existing investors including...
Blue Bell Creameries to pay $17.25M for distributing ice creams linked to 2015 Listeriosis...
A federal court ordered Blue Bell Creameries to pay $17.25 million in criminal penalties for distributing ice cream products linked to a 2015 Listeriosis...
Tesla to Remain Public
On Friday, Elon Musk, CEO of Tesla Inc., confirmed the company will not go private. He said investors had convinced him to keep the...
The O.J. Simpson Legacy: What Lies Ahead for the Civil Jury Award
O.J. Simpson died Thursday. He had only paid a small part of the $33.5 million of the California civil jury award to the families...
Disney Shares Hit All-Time High after Unveiling its Streaming Service
The stock price of Walt Disney Company (NYSE: DIS) climbed more than 11 percent to $130.06 per share, reaching a record-high on Friday.
The momentum...
FCC approves $26 billion Sprint/T-Mobile merger
The Federal Communications Commission (FCC) approved along party lines the proposed $26 billion merger between Sprint Corporation (NYSE:S) and T-Mobile (NASDAQ: TMUS).
The three Republicans...