Instacart’s shares surged Tuesday in the grocery delivery company’s stock market debut. The San Francisco-based company’s shares were up about 30% shortly after they started trading on the Nasdaq stock exchange under the ticker symbol “CART.” Instacart raised $660 million in its initial public offering, selling 22 million shares at… Read More
Hollywood, theaters take note of $900M haul for ‘Oppenheimer’
Hopes were always high for Christopher Nolan’s “Oppenheimer.” The studio knew the film was great, and commercial. But no one in the industry expected that a long, talky, R-rated drama released at the height of the summer movie season would earn over $900 million at the box office. After an… Read More
Colorado-CSU game draws a record number of late-night viewers for ESPN
Colorado’s double-overtime victory against Colorado State, which ended in the early hours of Sunday in most of the country, drew 9.3 million viewers to make it the most-watched late-night college football game ever on ESPN, the network said. Coach Deion Sanders’ Colorado team did not kick off until after 10… Read More
Automobile workers shut down car manufactures with strike
About 13,000 U.S. auto workers stopped making vehicles and went on strike Friday after their leaders couldn’t bridge a giant gap between union demands in contract talks and what Detroit’s three automakers are willing to pay. Members of the United Auto Workers union began picketing at a General Motors assembly… Read More
Johnson & Johnson under investigation over ‘excessive’ drug prices
U.S.-based pharmaceuticals company Johnson & Johnson is being investigated in South Africa for allegedly charging “excessive” prices for a key tuberculosis drug, the country’s antitrust regulator said Friday. J&J’s Belgium-based subsidiary Janssen Pharmaceuticals is also under investigation, South Africa’s Competition Commission said. In 1944, an experiment was done in this… Read More
Automakers and UAW members approaching 12 a.m. strike deadline
With a deadline looming just before midnight Thursday, the United Auto Workers union and Detroit’s three automakers remain far apart in contract talks, and the union is preparing to strike. In an online address to union members Wednesday, union President Shawn Fain said General Motors, Ford and Stellantis have raised… Read More
Report: Joe Biden gave the Mexican cartels $13 billion?!
by Frank Holmes, reporter It’s official: Joe Biden has “empowered and emboldened some of the most vicious, ruthless, and savage individuals and groups in the world.” Those are the words of a new congressional report that highlights just one of the president’s failures: America’s open border with Mexico. The report’s… Read More
DraftKings apologizes for sports betting offer referencing 9/11 attacks
Sports betting company DraftKings apologized Monday after using the Sept. 11, 2001, terror attacks to entice people to bet on baseball and football games on the anniversary of the tragedy that killed nearly 3,000 people. The Boston-based company offered users a 9/11-themed promotion that required three New York-based teams —… Read More
SpaceX can’t relaunch giant rocket until fixes are made, FAA says
SpaceX must take a series of steps before it can launch its mega rocket again after its debut ended in an explosion, federal regulators said Friday. The Federal Aviation Administration said it closed its investigation into SpaceX’s failed debut of Starship, the world’s biggest rocket. The agency is requiring SpaceX… Read More
Disney, Spectrum direct customers to other TV services amid dispute with ESPN
Both sides of a dispute that has left nearly 15 million cable TV subscribers without ESPN or other networks affiliated with The Walt Disney Co. are directing customers to other services where they can watch television. The offers speak to the unusual nature of the business dispute between Disney and… Read More
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