Category Archives: CNN – Business

Mueller’s findings are fresh fuel for the never-ending information wars

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Mueller and the information wars You would have been foolish to think that the Mueller report would unify the country around a common set of facts. That’s not how things work in 2019. As the…MORE

Late night reacts to the release of the Mueller report

The Mueller report is finally out and late night hosts such as Jimmy Kimmel had a field day with it — or at least the non-redacted portions of it. “Say what you will about this president, he has Americans reading again,” Kimmel said on ABC’s “Jimmy Kimmel Live!” on Thursday night. Special counsel Robert Mueller’s…MORE

Sears sues former CEO Eddie Lampert for ‘thefts’ of company assets

The remains of defunct Sears Holdings is suing Eddie Lampert, the man who was its previous CEO and primary shareholder, alleging he improperly stripped the company of assets as it hurdled toward bankruptcy. Lampert was able to buy the operating assets of Sears in a bankruptcy court auction earlier this year, keeping a portion of…MORE

Here’s why McDonald’s is ditching its fancy burgers

McDonald’s is streamlining its menu by revamping its Quarter Pounder and abandoning its craft burgers. The company said Wednesday that it will “move away” from its Signature Crafted Recipes line — which includes items like a mushroom and swiss cheese burger and one with bacon, cheddar and fried onions — on its national menu to…MORE

Netflix to open production hub in New York City

Netflix is opening a production hub in New York City that will bring “up to $100 million in investments to the city,” New York Governor Andrew Cuomo announced Thursday. The streaming video company’s new Manhattan offices will take up approximately 100,000 square feet in New York’s Flatiron District. These offices will house 127 new jobs…MORE

National Enquirer reportedly sold for $100 million

The supermarket tabloid National Enquirer has reportedly been sold to the scion of a company known for its newsstands at airports across North America. James Cohen, who comes from the family that started Hudson News, a travel retailer at airports in the United States and Canada, has reportedly agreed to buy the troubled publication for…MORE

Blogs

Dave Says: Don’t go too far

Dave Says: Don’t go too far

Do you think it would be an appropriate real-world exercise if we started charging our 17-year-old son a very small amount in rent each month to prepare him for life when he leaves home?