The billionaire owner of the Los Angeles Times gave a bizarre defense for his plans to overhaul the “very left” editorial board after he blocked it from endorsing Vice President Kamala Harris. Dr. Patrick Soon-Shiong said Harris’ support for Israel’s military actions in Gaza was one of the main reasons he refused to endorse the…
Michael Siluk | Education Images | Universal Images Group | Getty Images Dr. Shirin Towfigh thought she had designed a medical device that would revolutionize hernia care for women. Now, Towfigh is suing Medtronic, a global leader in medical devices, accusing the company of stealing her patented design. A Beverly Hills surgeon with over 22…
Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters DETROIT — Volkswagen Group increased its planned investment for a joint venture with electric vehicle startup Rivian Automotive to $5.8 billion as the companies have broader aspirations than they initially announced…
Left-leaning former CNN anchor Don Lemon said Wednesday he is quitting Elon Musk’s social media platform X — blaming the site’s new policy for all legal disputes to be heard in Texas. Lemon — who is currently suing Musk in California after having his show on X canceled by the mogul — claimed the upcoming…
Nigeria has inked a $1.2 billion deal with a Chinese firm to revitalize a gas processing facility, a move that officials say could propel the African country to a leading position in aluminum production ABUJA, Nigeria — ABUJA, Nigeria (AP) — Nigeria has inked a $1.2 billion deal with a Chinese firm to revitalize a…
NEW YORK — European food delivery giant Just Eat Takeaway.com is selling Grubhub for $650 million, a fraction of the billions it spent to buy the U.S. platform just three years ago. Wonder Group, a New York-based food ordering company that touts “fast fine” dining, is set to be Grubhub’s new owner. Under terms of…
Red Lobster debuted new food offerings and brought back two popular items this week after the seafood restaurant chain overhauled its menu. “We’re thrilled to give our guests more reasons to celebrate this season with the launch of our new menu,” Chief Marketing Officer Nichole Robillard said in a statement. “From mouthwatering new dishes and the…
Facebook owner Meta Platforms must face trial in a Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media, a judge in Washington ruled Wednesday. Judge James Boasberg largely denied Meta’s motion to end the case filed against Facebook in 2020, during the Trump administration, alleging that the company…
Bill Ackman declared that Yale University is “no different than Hamas” and that the Ivy League school is “potentially even more dangerous” than the Palestinian terrorist group. The billionaire hedge fund manager published a post that went viral on his X account. It quotes “a friend” who was “asked to write a recommendation for his…
In an aerial view, customers leave a Planet Fitness gym in Richmond, California, on May 9, 2024. Justin Sullivan | Getty Images Planet Fitness lost its bid in bankruptcy court to acquire budget fitness chain Blink Holdings, according to court filings viewed by CNBC. Planet Fitness placed its competing eleventh hour bids early this month…
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