New York CNN — Sam Altman has agreed to return to lead OpenAI, the company said in on X, just days after his surprise ouster as chief executive sparked an employee revolt that threatened to undermine what has been the leading company in the fledgling artificial intelligence industry. âWe have reached an agreement in principle …
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Grubhub just sold for $650 million. Four years ago it was worth $7.3 billion
Reuters — Europeâs biggest meal delivery firm, Just Eat Takeaway, said on Wednesday it had struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million, sending its shares soaring 20% in early trading. The Amsterdam-listed company had been looking to offload Chicago-based Grubhub since , after acquiring it in 2020 in …
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New York CNN — Kum & Go, the Midwestern gas station chain that gained national fame for the immature snickers its name often receives, is making a change. Maverik, a rival chain that bought Kum & Go in 2023, announced that itâs in âprocess of rebranding Kum & Go stores, with the intent to unify …
How Pete Hegseth went from Fox News host to Trump’s Defense Secretary pick
New York CNN — Two years ago, Pete Hegseth relocated his family from New Jersey, near Fox News headquarters, to a small town outside of Nashville, Tennessee. The red state move was on-brand for the âFox & Friendsâ co-host, who takes his kids shooting, posts pictures wearing anti-President Biden slogans, and emphasizes his Christian faith. …
The election proved the media is in crisis. Here’s what it needs to do to regain its relevance
New York CNN — Donald Trumpâs reelection last week emboldened his allies to proclaim that he had vanquished the American news media as well as Vice President Kamala Harris. âThe media is dead,â Fox News comedian Greg Gutfeld declared. âItâs dead,â his primetime colleague Sean Hannity echoed. âYou are the media now,â Elon Musk posted …
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New York CNN — In the month since Los Angeles Times owner Dr. Patrick Soon-Shiong announced the newspaper a candidate in the presidential election, the Times has been reeling from the decision. Three members of the paperâs editorial , scores of staffers openly protested, and thousands of readers cancelled their subscriptions as the Times was …
If you haven’t been car shopping in a while, brace yourself
New York CNN — Itâs called sticker shock. And if you havenât been to a dealerâs showroom since before the pandemic, you might want to prepare yourself. Americans paid a whopping $47,612 on average for a new car in October, according to data from Edmunds. Thatâs a jump of almost $10,000 from October 2019, ahead …
Tropicana fans are ditching the brand after a bottle redesign
New York CNN — Tropicana customers are in revolt over an orange juice bottle redesign. Again. Tropicana recently ditched its distinct orange juice in clear, plastic circular-shaped bottles with a thinning neck and a crown-like bottle cap, known as a . Over the summer, it rolled out a more traditional-looking plastic bottle and downsized the …
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Novo Nordisk said Monday it has launched its popular obesity drug Wegovy in China, the worldâs second-largest pharmaceuticals market where it estimates more than 180 million people live with obesity. The move intensifies the competition with Eli Lilly, which secured approval for its weight-loss drug in China in July but has yet to launch it. …
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New York/London CNN — Spirit Airlines filed for bankruptcy protection Monday, as mounting losses, unaffordable debt, increased competition for bargain-seeking airline passengers and the inability to merge with other airlines left it little choice. The airline said it will continue to operate as it restructures its debt. âGuests can continue to book and fly without …