by Jim Heath | Sep 29, 2018 | Business, Headlines
Tech giant Elon Musk is resigning as Tesla’s chairman but will remain as CEO after he settled charges with the Securities and Exchange Commission. The SEC settled charges with Musk over his aborted bid to take the company private. Last month, Musk announced via...
by Jim Heath | Sep 25, 2018 | Business, Entertainment
Former CBS CEO Les Moonves faces a dozen assault and harassment claims made against him. His days at the network, now as unpaid consultant, could end on short notice if the network finds any credibility in any of the claims. At that point he’ll be asked to leave...
by Jim Heath | Sep 20, 2018 | Business, Headlines
You walk in, grab your food and drink, and walk out. And with that 7-Eleven could become a thing of the past. Amazon has plans to open as many as 3,000 new AmazonGo cashierless stores in the next few years, according to Bloomberg, an aggressive and costly expansion...
by Jim Heath | Sep 19, 2018 | Business, Headlines
Mark Cuban, the billionaire owner of the Dallas Mavericks, will pay $10 million to women’s leadership and domestic-violence organizations under an agreement with the N.B.A. announced today to address sexual harassment and other improper conduct among employees in the...
by Jim Heath | Sep 17, 2018 | Business, Entertainment, Headlines
It’s official. As we reported earlier today, Julie Chen is stepping down from “The Talk” on CBS, one week after her CBS CEO husband Les Moonves left his job facing a dozen sexual assault accusations. Chen’s decision is effective immediately....
by Jim Heath | Sep 17, 2018 | Business, Headlines
Coca-Cola is eyeing the growing cannabis drinks market. Aurora Cannabis led pot stocks higher today after Coca-Cola Co. made the announcement, becoming the latest beverage company to tap into surging demand for marijuana products. Coke says it’s interested in...