Kroger and Albertsons are spending billions to reward shareholders after their blocked merger
Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with share repurchases to boost their stock prices and reward investors....
-
BuzzFeed sells ‘Hot Ones' studio in $82.5 million deal
First We Feast, the food and pop culture brand behind the YouTube show, was sold to a group of investors, including “Hot Ones” host Sean Evans, Crooked Media and the Soros Fund.
-
Warner Bros. Discovery shares surge 15% after company announces linear, streaming restructuring
WBD on Thursday announced a restructuring plan to segment its business into linear and streaming units in a move that could simplify future consolidation.
-
DoorDash steps up driver ID checks after traffic safety complaints
DoorDash will require its drivers to verify their identity more often as part of a larger effort to crack down on unauthorized account sharing.
-
Elon Musk becomes first person to surpass $400B net worth, according to Bloomberg
Musk spent a quarter of a billion dollars this year helping elect Donald Trump to a second term as president.
