Party City filed for bankruptcy Saturday for the second time in less than two years.
Posts tagged as “Business”
Signaling an escalation in a labor campaign that began at seven Amazon delivery hubs on Thursday, workers at the company’s largest Staten Island warehouse began a protest there at midnight on Saturday.
The future of one of cinema's most iconic franchises, James Bond, has been thrown into uncertainty due to a reported clash between the Broccoli family, the creative stewards of 007, and Amazon, which acquired the rights to the franchise through its purchase of MGM Studios in 2021. The dispute has raised questions about the direction of the legendary spy series and its next chapter on both the big and small screens.
Companies are closing headquarters, scrubbing their websites of top executives’ photographs and increasing armed security details for key leaders following the killing of UnitedHealthcare CEO Brian Thompson. By Sara Willems | Dec 07, 2024 Updated 05:58 a.m. ET Health insurer…
Disney’s announcement comes on the heels of significant milestones in its streaming division, which includes Disney+, Hulu, and ESPN+. The company reported that its direct-to-consumer business turned profitable in the most recent quarter, a major achievement in an industry where profitability has often been elusive.
While games at the next World Cup, co-hosted with Canada and Mexico, will be watched by hundreds of millions globally mostly on free-to-air public networks, the Club World Cup broadcast picture is unclear. By Bandon Jemes |…
It’s AWS re:Invent 2024 this week, Amazon’s annual cloud computing extravaganza in Las Vegas, and as is tradition, the company has so much to announce, it can’t fit everything into its five (!) keynotes. Ahead of the show’s official opening, AWS on Monday detailed a number of updates to its overall data center strategy that are worth paying attention to.
BlackRock is acquiring HPS Investment Partners, a leading global credit investment manager, for approximately $12 billion in an all-stock deal. The acquisition is expected to close in mid-2025.
Microsoft is in the crosshairs of a U.K. competition class-action style lawsuit that’s seeking £1 billion (around $1.25 billion at current exchange rates) in damages. It revolves around accusations related to fees the software giant charged businesses and other organizations for licensing Windows Server when they were customers of rival cloud computing platforms.
President-elect Donald Trump has again indicated that he intends to block a Japanese firm’s $15 billion takeover bid of US Steel upon taking office, saying the former American giant can eventually stand on its own.