Amazon Cashierless Tech Competitor Grabango Shutters after Failing to Secure Funding
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Amazon founder Jeff Bezos to visit Trump next week after million-dollar donation from company
Amazon founder Jeff Bezos will travel to Mar-a-Lago next week to visit with President-elect Donald Trump after Amazon said Thursday it would donate $1 million to Trump's inaugural fund. CBS News ...CBS News - Dec. 13 -
A Profile of the C.E.O. Killing Suspect, and Tech Giants Give to Trump Fund
Plus, a mystery in New Jersey’s skies.The New York Times - Dec. 13 -
New AI winners beyond Big Tech are set to emerge, UK fund manager predicts
New AI winners beyond Big Tech are set to emerge, UK fund manager predictsCNBC - Dec. 13 -
Amazon to contribute $1 million to Trump’s inauguration fund. Meta is also donating $1M
Amazon is planning to donate $1 million to President-elect Donald Trump’s inauguration fundABC News - Dec. 13 -
Amazon Plans $1 Million Donation to Trump’s Inaugural Fund
The move follows Meta’s donation of the same amount to the fund earlier this week.The New York Times - Dec. 13 -
Amazon is the latest Big Tech company to donate $1mn to Trump fund
Contribution to inauguration effort comes as founder Jeff Bezos and others attempt to build ties with the president-electFinancial Times - Dec. 13 -
Here are the retailers shuttering thousands of stores in 2024
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.CBS News - Dec. 12 -
Meta donates $1 million to Trump’s inaugural fund after Zuckerberg's Mar-a-Lago meeting
The news of the Meta donation comes after Mark Zuckerberg met with president-election Donald Trump at Mar-a-Lago.NBC News - Dec. 12 -
ServiceTitan prices IPO at $71, above expected range, after slow stretch for tech offerings
ServiceTitan said on Wednesday that it priced 8.8 million shares at $71 a piece in its initial public offering.CNBC - Dec. 12 -
Meta donated $1M to Trump inaugural fund after Zuckerberg met with president-elect
Meta donated $1 million to President-elect Trump's inaugural fund, the company confirmed to The Hill Thursday. The reported donation comes just weeks after CEO Mark Zuckerberg visited Trump at his ...The Hill - Dec. 12 -
Senate Democrats fail to secure NLRB majority under Trump in razor-thin vote
A Democrat-led push to secure a majority on the National Labor Relations Board until 2026 fell short, facing opposition from Republicans and independents.CBS News - Dec. 11 -
Albertsons gives up on Kroger merger, sues grocery chain for failing to secure deal
Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval of the $24.6 ...ABC News - Dec. 11 -
Supreme Court Won’t Decide Nvidia Securities Fraud Case After All
In an unsigned order, the justices dismissed the case against the tech giant as “improvidently granted,” meaning they had concluded that it had been a mistake to take it up.The New York Times - Dec. 11 -
CervoMed’s stock craters 77% after failed trial of treatment for rare brain disease
CervoMed Inc.’s stock cratered early Tuesday after the biotech company said a midstage trial of a treatment for patients with dementia with Lewy bodies, or DLB, failed to meet its main goals.MarketWatch - Dec. 10 -
Social Security beneficiaries at risk of delays amid GOP funding fight
Social Security beneficiaries could face longer wait times for service next year unless Congress agrees to the White House budget office’s request to increase funding for the Social Security ...The Hill - Dec. 9 -
South Korean president faces treason probe after failed martial law gambit
Yoon Suk Yeol will step back from fulfilling duties as his cabinet seeks to negotiate an ‘orderly exit’Financial Times - Dec. 8 -
South Korea arrests ex-defence minister after failed martial law attempt – reports
Kim Yong-hyun, who resigned earlier this week, is seen as central to President Yoon Suk Yeol’s brief martial law declaration. South Korean prosecutors have arrested ex-defence minister Kim ...The Guardian - Dec. 8 -
Teamsters union calls for Amazon to set bargaining dates after Thanksgiving strike
The International Brotherhood of Teamsters urged Amazon to agree to set bargaining dates for a union contract by Dec. 15. “The Teamsters are done asking nicely for Amazon to stop breaking the law. ...The Hill - Dec. 7 -
South Korea crisis live: bid to impeach president Yoon Suk Yeol fails after ruling party boycotts vote
Main opposition Democratic Party said it would not give up its attempt to impeach president Yoon Suk Yeol after losing vote. Full report: Motion to impeach South Korean president fails ...The Guardian - Dec. 7 -
South Korean parliamentary motion to impeach President Yoon fails after ruling party lawmakers boycott vote
South Korean parliamentary motion to impeach President Yoon fails after ruling party lawmakers boycott voteABC News - Dec. 7 -
Motion to impeach South Korean president fails after vote boycott
Dramatic walkout by members of Yoon Suk Yeol’s party leads assembly speaker to declare vote invalid. A motion to impeach the South Korean president, Yoon Suk Yeol, over his ill-fated declaration of ...The Guardian - Dec. 7 -
Effort to impeach South Korean president fails after ruling party walkout
Opposition leaders hoping to oust South Korean President Yoon Suk Yeol over his brief declaration of martial law hit a roadblock Saturday, after members of the ruling party left the room, ...The Hill - Dec. 7 -
South Korean president’s impeachment fails after ruling party lawmakers walk out
South Korean President Yoon Suk Yeol apologized on Saturday for declaring martial law but did not say he would resign as he faces an impeachment vote.NBC News - Dec. 7 -
Georgia Tech coach Brent Key receives new 5-year contract after 7-5 season
Georgia Tech is in line for its second straight bowl appearance under Key, who took over as interim coach after the fourth game in 2022.Yahoo Sports - Dec. 7 -
Texas Tech names Mack Leftwich as new OC after Zach Kittley left to be FAU head coach
Marck Leftwich is leaving Texas State after two seasons as offensive coordinator for the Sun Belt Conference school.Yahoo Sports - Dec. 6 -
UnitedHealthcare is increasing security after Brian Thompson’s killing, executive says
In comments shared with the Guardian, Andrew Witty said ‘permanent’ changes would make campuses less ‘welcoming’. The CEO of UnitedHealth Group, Andrew Witty, told employees he would increase ...The Guardian - Dec. 6 -
Oil prices end at their lowest in 3 weeks after OPEC+ fails to allay supply worries
Oil futures settled lower on Friday to tally losses for the week, a day after a decision by the Organization of the Petroleum Exporting Countries and its allies to further postpone a planned ...MarketWatch - Dec. 6 -
Musk signals he won't use growing influence to go after competitors
Elon Musk indicated Friday that he will not use his growing influence in the Trump administration to hurt or seek revenge on his industry competitors. In a post on his social platform X, Musk ...The Hill - Dec. 6 -
FirstFT: US equity funds record $140bn of inflows after Trump’s election win
Also in this newsletter, South Korea’s ruling party warns president could impose martial law again and the FT’s most influential women of 2024Financial Times - Dec. 6 -
Investors pour $140bn into US stock funds after Trump election victory
Bets incoming administration will enact ‘pro growth’ agenda spur rush into Wall Street equitiesFinancial Times - Dec. 6 -
Video shows Illinois deputy save pregnant woman in runaway car after brakes fail
Illinois deputies helped avert disaster early Monday morning, preventing a pregnant woman whose brakes failed from plunging into a bitingly cold lake.NBC News - Dec. 5 -
What are Social Security's trust funds? New debate emerges on program's financing
As Social Security's trust funds run low, one politician is questioning the way the program is financed.CNBC - Dec. 5 -
Afghan TV station shuttered for vulgar content and working with exiled media
An Afghan TV station has been shuttered over allegedly vulgar content and working with exiled mediaABC News - Dec. 5 -
Nvidia tangos with an activist hedge fund: An excerpt from Tae Kim's new book on the tech giant
Starboard Value's Jeff Smith knows his firm sold its Nvidia stake way too soon, Tae Kim writes in "The Nvidia Way: Jensen Huang and the Making of a Tech Giant."CNBC - Dec. 5 -
Here’s How Security Firms Say Execs Should Protect Themselves After UnitedHealthcare CEO’s Shooting
UnitedHealthcare CEO Brian Thompson’s tragic shooting set off alarm bells in the business world. Here’s how security firms are responding.Inc. - Dec. 4 -
AI play Pure Storage soars 24% after touting it won a contract with an unnamed big tech company
Pure Storage shares rallied 24% after announcing a contract with a top tier hyperscaler.CNBC - Dec. 4 -
South Korean Lawmakers Move to Impeach President Yoon After Failed Martial Law Bid
President Yoon Suk Yeol’s attempt to break a political deadlock by imposing military rule collapsed within hours, leaving him with few defenders. A vote to impeach him could come as soon as Friday.The New York Times - Dec. 4 -
Ubisoft Still Dedicated To Live-Service After Its Call Of Duty Competitor Came Up Short
Ubisoft recently made the shocking announcement that it would shut down its Call of Duty competitor, XDefiant, close Ubisoft San Francisco, and lay off nearly 300 people in what was just the ...GameSpot - Dec. 4 -
FirstFT: South Korea’s Yoon Suk Yeol faces calls to resign after failed martial law order
Also in this newsletter, France’s Michel Barnier faces no-confidence vote, and Bank of England governor hints at rate cutFinancial Times - Dec. 4 -
Vietnamese tycoon must find $9bn to avoid death penalty after appeal fails
She is now in a race for her life - if she can pay back 75% of what she took, she could be spared.BBC News - Dec. 3
