Nestlé Board’s Surprise Move Taps Insider To Lead Company
In a surprise announcement, global food giant Nestlé has named 38-year company veteran Laurent Freixe as CEO, effective September 1, replacing outgoing Mark Schneider. The…
ESPN, ABC and other Disney channels dropped from DirecTV in contract dispute
Walt Disney Co.-owned channels, including ESPN and ABC stations, were knocked off DirecTV platforms Sunday after talks to reach a new distribution deal collapsed.The blackout…
Spice seller spends $700,000 on anti-Trump Facebook ads
WAUWATOSA, Wis. — Earlier this year, Penzeys Spices unveiled its latest blend — a salt-free chive and garlic mix for sprinkling on tomatoes, scrambled eggs or…
Yelp versus Google: Antitrust court fight plays out in San Francisco
San Francisco — For years, Yelp has complained about Google’s practices, alleging that the tech giant placed its own products above competitors in Google search results.Yelp…
Weeks after California’s indoor heat standards took effect, workers still swelter
Alexia Rangel recalled sweating as she rang up customer orders at a Taco Bell in Alhambra during an early August heat wave. The air conditioning…
House committee subpoenas company with ties to daughter of judge in Trump hush-money trial
House Judiciary Chairman Jim Jordan, R-Ohio, has subpoenaed the head of Authentic Campaigns, which employs the daughter of New York State Court Judge Juan Merchan…
House Judiciary Committee subpoenas company with ties to daughter of judge in Trump hush money trial
House Judiciary Chairman Jim Jordan, R-Ohio, has subpoenaed the head of Authentic Campaigns, which employs the daughter of New York State Court Judge Juan Merchan…
Berkshire Hathaway becomes 9th company to hit $1 trillion capitalization
Warren Buffett's Berkshire Hathaway Wednesday became the 9th company in the world to surpass $1 trillion capitalization. Buffett's company had a record $277 billion in…
AT&T outage impacts 911, wireless customers as company blames ‘software issue’
An AT&T outage, blamed on a "software issue," impacted 911 service and wireless customers throughout the United States on Tuesday night as the telecommunications giant…
Company that sent AI calls mimicking Biden will pay $1-million fine
MEREDITH, N.H. — A company that sent deceptive phone messages to New Hampshire voters using artificial intelligence to mimic President Biden’s voice agreed Wednesday to pay…
Walt Disney Co. names a chair for CEO succession planning committee
Morgan Stanley executive James P. Gorman will chair the succession planning committee tasked with finding and vetting Walt Disney Co.’s next chief executive, the company…
One of Disneyland’s original rides plans to remove racist tropes
Disneyland is set to to update one of its oldest rides to correct racist tropes about Indigenous people.Peter Pan’s Flight, one of the original theme…
What’s behind Hollywood’s latest wave of layoffs?
Editor’s note: Wide Shot will be off next week, with Hollywood Inc. senior editor Ryan Faughnder taking vacation. Last year, Hollywood braved the summer of…
Trump’s reported income sources include Bibles, crypto, Truth Social
Former President Trump owns more than $1 million worth of cryptocurrency and up to $250,000 in gold bars along with the portfolio of golf courses…
Maxie Solters, publicist who joined a family business, dies at 37
Maxie Solters, a third-generation entertainment publicist who followed her father and grandfather into the family business, died Thursday in Los Angeles. She was 37.Her death…
Scott Wiener’s AI bill moves forward with significant changes
A controversial bill that seeks to protect Californians from artificial intelligence-driven catastrophes has caused uproar in the tech industry. This week, the legislation passed a…
Venu Sports, the Disney-Fox-Warner Bros. streaming service, blocked by judge
Venu — the planned sports streaming service from Walt Disney Co., Fox Corp. and Warner Bros. Discovery — was dealt a significant setback Friday when…
‘Fortnite’ publisher debuts mobile storefront after years in court
Epic Games Inc. is launching a new mobile storefront Friday after four years of legal wrangling with Apple Inc. and Alphabet Inc.’s Google over their…
Bayer stock soars after German pharma company wins Roundup court battle
Shares in German pharmaceutical and biotechnology company Bayer climbed nearly 13% on Friday after the company won a legal battle in the US related to…
William Hill’s owner says company is getting ‘stronger’ despite earnings crashing by two-thirds
WILLIAM HILL and 888 owner Evoke is counting the cost of rejigging the business this year.The gambling giant saw earnings crash by two-thirds in the…