5 October 2022
Chicago 12, Melborne City, USA
Business

$100 million NJ deli defendant hires lawyer who repped Martin Shkreli

Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC Peter Coker Sr., one of the defendants in the case of the so-called $100 million New Jersey deli, hired a lawyer who previously represented “pharma bro” Martin Shkreli, according to a new court filing Tuesday. Coker Sr. hired Marc Agnifilo to represent him in his case against […]

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Business

JD.com founder and billionaire Liu settles U.S. rape civil suit

Richard Liu, the founder of Chinese e-commerce giant JD.com, will step down from his role as CEO. His departure comes after a number of high-profile technology founders exited their leadership positions amid Beijing’s regulatory crackdown on its domestic tech sector. VCG | Visual China Group | Getty Images Billionaire Richard Liu, founder of one of […]

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Business

Buybuy Baby sales fall at struggling Bed Bath & Beyond

A customer carries a Buy Buy Baby shopping bag in New York, US, on Thursday, Aug. 25, 2022. Gabby Jones | Bloomberg | Getty Images Buybuy Baby has been a rare bright spot for struggling Bed Bath & Beyond. On Thursday, however, the baby gear chain reported a steep quarterly sales drop — raising eyebrows […]

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Business

5 things to know before the stock market opens Monday, September 26

Raphael Bostic at Jackson Hole, Wyoming David A. Grogan | CNBC Here are the most important news items that investors need to start their trading day: 1. Bad start for stocks Stocks are still in a funk. The three major indices were down Monday, indicating that last week’s troubles would continue. On Friday, the Dow […]

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Business

German government agrees nationalization deal for energy giant Uniper

Uniper has received billions in financial aid from the German government as a result of surging gas and electric prices following Russia’s war in Ukraine. Picture Alliance | Picture Alliance | Getty Images The German government on Wednesday agreed the nationalization of utility Uniper as it strives to keep the industry afloat in the wake […]

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Business

Apple plans to unveil new spots for ads in App Store by year-end

Apple CEO Tim Cook holds the new iPhone 14 at an Apple event at their headquarters in Cupertino, California, September 7, 2022. Carlos Barria | Reuters Apple plans to release new ad “placements” as soon as the holiday season, according to a message sent to developers on Tuesday inviting them to an online session to […]

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Business

Everything we learned at Disney’s parks panel at the 2022 D23 Expo

A masked family walks past Cinderella Castle in the Magic Kingdom, at Walt Disney World in Lake Buena Vista, Fla. Orlando Sentinel | Tribune News Service | Getty Images Disney‘s theme parks are on the rebound after the coronavirus pandemic shut down its domestic and international locations in 2020. Revenue is growing for Disney’s parks, […]

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Business

Disney reveals Marvel Cinematic Universe updates at D23 Expo

The Disney+ Marvel website home screen on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Hot on the heels of San Diego Comic Con in July, Disney is set to unveil more information about its burgeoning Marvel Cinematic Universe during […]

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Business

New York ends mask mandate for subways, buses and other mass transit

A Metropolitan Transportation Authority (MTA) logo is displayed on the side of a subway train in Manhattan, New York on June 2, 2021. Ed Jones | AFP | Getty Images New Yorkers are no longer required to wear masks on mass transit, Gov. Kathy Hochul announced on Wednesday. Covid cases and hospitalizations have declined dramatically […]

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