Stock
IAC approves spinoff of home improvement marketplace Angi
Barry Diller’s IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in 2017. IAC said it...
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Biden administration delays enforcing order blocking Nippon Steel-U.S. Steel deal
WASHINGTON — The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion...
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McDonald’s to close three CosMc’s locations — and open two more
McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s. To test the concept, the fast-food giant opened its first CosMc’s location more...
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Chuck E. Cheese makes a comeback, with trampolines and a subscription program
Four years after exiting bankruptcy, Chuck E. Cheese is making a comeback, thanks to a dramatic makeover to introduce its...
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Meta announces end of its DEI programs. Read the memo.
Meta on Friday told employees that its plans to end a number of internal programs designed to increase the company’s hiring...
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Vince McMahon settles with SEC over hush money agreements as civil assault case continues
The Securities and Exchange Commission said Friday that World Wrestling Entertainment co-founder Vince McMahon will pay more than $1.7 million...
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Disney, Fox, Warner Bros. Discovery call off Venu sports streaming service
Disney, Fox and Warner Bros. Discovery have called off plans to launch their sports streaming service, Venu, the companies said in a joint statement...
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Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At...
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