Danielle Kaye
Posts
Carlos Watson, Ozy Media Founder, Is Found Guilty of Fraud
Mr. Watson, who denied lying to investors and lenders, faces up to 37 years in prison.
Judge Backs Challenge to F.T.C.’s Noncompete Ban, at Least for Now
Granting an injunction to several plaintiffs, a judge said the Federal Trade Commission’s pending ban on noncompete agreements was unlikely to prevail.
How Reliant Is the U.S. on Avocados From Mexico?
A temporary halt on inspections by U.S.D.A. workers in Mexico on safety concerns highlighted how dependent the United States had become on one region for...
Ozy Media Founder Takes the Stand to Deny Fraud Allegations
Carlos Watson was questioned after Ozy investors, former employees and bankers testified for the prosecution in his trial.
Walgreens Plans ‘Significant’ Store Closures, Citing Weak Consumer Spending
The pharmacy giant told investors that shaky consumer spending was affecting its retail operations. But some said the company’s strategy was also to blame.
New Home Construction Slows as Mortgage Rates Remain High
Home building in May fell to its slowest pace in four years despite a supply shortage. That trend could put even greater strain on buyers.
Fisker Files for Bankruptcy as E.V. Maker’s Cash Runs Short
The company became the latest electric vehicle start-up to fail to meet investors’ expectations after a high-profile public debut.
Google C.E.O. Testifies in Ozy Media Founder’s Fraud Trial
Sundar Pichai, the chief executive of Google, said he never discussed a potential acquisition of the digital media start-up.
Sony Pictures Acquires Alamo Drafthouse in Lifeline to Cinema Chain
The deal is the first time in half a century that a traditional Hollywood studio will own a movie theater chain.