Business

In this article DIS FOXA WBD Follow your favorite stocksCREATE FREE ACCOUNT Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement Friday. “After careful consideration, we have collectively agreed to discontinue the Venu Sports joint venture and not launch the
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In this article MCD Follow your favorite stocksCREATE FREE ACCOUNT A sign hangs outside of a CosMc’s restaurant, a concept recently launched by McDonald’s on December 11, 2023 in Bolingbrook, Illinois.  Scott Olson | Getty Images McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s. To test the concept, the fast-food giant opened
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In this article NOVO.B-DK LLY Follow your favorite stocksCREATE FREE ACCOUNT An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters Medicare drug plans can now cover Eli Lilly‘s blockbuster obesity drug Zepbound for obstructive sleep apnea, CNBC confirmed on Wednesday. 
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In this article VOW3-DE Follow your favorite stocksCREATE FREE ACCOUNT Scout Terra pickup truck and Scout Traveler SUV concepts Scout LAS VEGAS — Scout Motors has received more than 50,000 refundable reservation deposits for its first electric pickups and SUVs, according to Volkswagen CEO Oliver Blume. Volkswagen revived Scout, which was an old American brand
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True Religion Brand Jeans shop entrance: The company sell what they refer to as ‘premium denim’ which is handmade in America.  Roberto Machado Noa | Lightrocket | Getty Images Jeans brand True Religion has been acquired by private equity firm Acon Investments and American Eagle-linked firm SB360 Capital Partners – a retail investment fund chaired
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Alistair Berg | Digitalvision | Getty Images Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases. Sales on retailers’ websites and apps totaled $241.4 billion from Nov. 1 to Dec. 31, according to Adobe. The company’s
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In this article TM Follow your favorite stocksCREATE FREE ACCOUNT After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy. Photo by Yoshikazu Tsuno | Gamma-rapho | Getty Images LAS VEGAS — Toyota Motor is exploring the development and
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In this article DKNG Follow your favorite stocksCREATE FREE ACCOUNT Sports betting company DraftKings’ logo is displayed on a smartphone screen. Budrul Chukrut | Lightrocket | Getty Images DraftKings is upping the ante. The sportsbook is testing out a new subscription service called DraftKings Sportsbook+ designed to provide paying customers a boost in odds. The
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