Business Industrial
In a surprise twist, Seattle-based Amazon — the e-tailing giant headed by billionaire Jeff Bezos — will become not only a minority investor in the new company — to be called Saks Global — but also will provide “technology and logistics services” to the merged operation, sources told The Post.
Skydance would pay $1.75 billion for National Amusements, which owns 77% of the voting shares of Paramount, as per the tentative agreement, three sources familiar with the matter told Reuters on Tuesday.
First-time applications for unemployment benefits increased last week, while the number of people on jobless rolls rose further to a 2-1/2 year high towards the end of June, consistent with a gradual cooling in the labor market.
Family businesses run by the Gottis have agreed to pay at least $210,000 in fines and clean up toxic chemicals that spewed from a Queens scrap yard they operate, according to a settlement announced Tuesday by state Attorney General Letitia James.
Direct losses to the auto dealerships impacted by outages at major software provider CDK Global in recent weeks could reach a collective $1 billion if the problems are not fixed soon, according to new data.
“Democrats could not buy, with all of George Soros’s money, the enthusiasm, engagement and interest they would get from having an open convention,” Maher said, referring to the liberal billionaire who is a frequent supporter of progressive lawmakers.
According to Bloomberg News, P&G posted higher than expected sales in its grooming division — a trend that the company partly attributes to the popularity of its total body shaving and hair removal products aimed at intimate areas.
Groq was founded in 2016 by ex-Google hardware executive Jonathan Ross, who worked on the team that developed the Big Tech giant’s in-house machine learning chips known as tensor processing units, or TPUs.
Meta was charged Monday with violating Europe’s sweeping tech competition law by forcing customers into a restrictive “pay or consent” model for ads on Instagram and Facebook — escalating a longstanding beef over user privacy.
By leveraging accurate primary data, shippers and other market stakeholders can precisely track their environmental impact, identify inefficiencies, and implement targeted operational optimization reduction strategies that do not require any CAPEX investments.
She questioned Biden’s schedule prior to the debate – back-to-back trips to Normandy for the 80th anniversary of D-Day, then to Italy for the G7 Climate Summit, then to Los Angeles before heading back to the East Coast – and called for better “management” among his aides.
Calls to pass the bill gained steam earlier this year after a bombshell Senate hearing in which Meta CEO Mark Zuckerberg issued a stunning apology to the families of victims of online child sex abuse.