J. Edward Moreno
Posts
What Rupert Murdoch Owns, and How He Built His Media Empire
Over seven decades, the Australian-born magnate assembled an array of news outlets, book publishers, and film and television properties into a global behemoth.
What’s a Fancy Name for Shrinkflation?
A term corporate leaders have lately used as a euphemism for shrinkflation.
GameStop Stock Soars as Roaring Kitty Returns to Social Media
Keith Gill, the trader who helped turn the video game retailer into a high-flying “meme stock,” posted cryptic messages online after a three-year hiatus.
Why Your Chocolate Fix Is About to Get More Expensive
Cocoa prices are going nuts, after a crop failure in West Africa was followed by a rush of investor speculation.
Uber Earnings Disappoint Amid High Legal Bills, Weak Rider Demand
The company has racked up bills after long-running legal fights with regulators and cabdrivers.
Peloton CEO Barry McCarthy Steps Down as Company Cuts 15% of Workers
Barry McCarthy took over as C.E.O. in February 2022 to revive Peloton from its late-pandemic slump, but the company has struggled to become profitable.
Johnson & Johnson Proposes $6.5 Billion in New Talc Settlement Offer
The offer is the company’s third attempt to resolve tens of thousands of claims that its baby powder caused ovarian cancer and mesothelioma.
Auto Safety Regulator Investigating Tesla Recall of Autopilot
The National Highway Safety Administration said it had concerns about how Tesla handled the recall based on recent crashes and testing of cars that had...
Southwest Quits Four Airports in Cost-Cutting Drive
The airline expects fewer deliveries of Boeing planes than before, and cited “significant challenges” in achieving growth plans because of it.
Business Groups Sue to Stop F.T.C. From Banning Noncompete Clauses
The suit was filed the day after the agency announced a rule that prohibits companies from limiting their employees’ ability to work for rivals. It...