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Gerald Levin, the former Time Warner CEO who engineered a disastrous mega-merger, is dead at 84
SAN FRANCISO (AP) — Gerald Levin, who led Time Warner Media into a disastrous $182 billion merger with the internet provider America Online, died Wednesday at the age of 84, according to media reports. Levin had been diagnosed with Parkinson’s disease, although his cause of death...
February retail sales up 0.6%, yet fissures emerge in what has been a driving force for US economy
NEW YORK (AP) — Americans picked up their spending a bit in February after pulling back the previous month. But last month’s gain was weaker than expected, and January’s decline was revised even lower, suggesting that many are growing more cautious with their money. Retail...
Candy companies pitch gum as a stress reliever and concentration aid to revive stale US sales
Candy companies want to know: What will make Americans start chewing gum again? Gum’s bubble burst during the COVID-19 pandemic, when masks and social distancing made bad breath less of a worry and fewer people spent on impulse buys. The number of packages of gum sold dropped by...
Booth where Tony Soprano may – or may not – have been whacked sells for a cool $82K to mystery buyer
BLOOMFIELD, N.J. (AP) — The ice cream parlor booth where Tony Soprano may or may not have been whacked has sold for more than $82,000. As Tony would say, Madone! An anonymous buyer bid $82,600 Monday night in an online auction for the piece of memorabilia that...
First over-the-counter birth control pill in US begins shipping to stores
WASHINGTON (AP) — The first over-the-counter birth control pill will be available in U.S. stores later this month, allowing American women and teens to purchase contraceptive medication as easily as they buy aspirin. Manufacturer Perrigo said Monday it has begun shipping the...
How Chinese retailers can offer Americans steep bargains on clothes and why that could change
WASHINGTON (AP) — As a substitute teacher in her mid-20s, Lindsey Puls was delighted to discover the fashion world of Shein more than 10 years ago, lured in by its super-low prices — with tops selling for a few dollars, dresses under $10, and free shipping on orders over $29. ...
Two fragile DC neighborhoods hang in the balance as the Wizards and Capitals consider leaving town
WASHINGTON (AP) — Already struggling to keep his Chinatown bar afloat, Yousef Tellawi felt a sense of impending doom when he learned that the owner of Washington's Capitals and Wizards wanted to move the teams out of the neighborhood and into northern Virginia. The departure of the...
Boeing confirms it's in talks to buy Spirit AeroSystems, its key supplier on the troubled 737 Max
DALLAS (AP) — Boeing said Friday that it is in preliminary talks to buy Spirit AeroSystems, which builds fuselages for Boeing 737 Max jetliners, including the one that suffered a door-panel blowout on an Alaska Airlines flight in January. Boeing used to own Spirit, and it said that...
Humanoid robot-maker Figure partners with OpenAI and gets backing from Jeff Bezos and tech giants
ChatGPT-maker OpenAI is looking to fuse its artificial intelligence systems into the bodies of humanoid robots as part of a new deal with robotics startup Figure. Sunnyvale, California-based Figure announced the partnership Thursday along with $675 million in venture capital funding...
Some doorbell cameras sold on Amazon and other online sites have major security flaws, report says
NEW YORK (AP) — Some doorbell cameras sold by Amazon and other online retailers have security flaws that could allow bad actors to view footage from the devices or control them completely, according to an investigation published Thursday by Consumer Reports. Researchers from the...