Industries

Choice Hotels Puts an $8 Billion Merger Squeeze on Wyndham

(Photo by Tony Webster under CC BY-SA 2.0)

Choice Hotels International went public on Tuesday with a nearly $8 billion hostile bid to acquire Wyndham Hotels and Resorts.

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Recent News

Walmart Patent Signals AI Transformation for Bricks-and-Mortar Retail

Photo via U.S. Patent and Trademark Office

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Why AI Augmentation Tech Is More Than a ‘Cost-Cutting Tool’

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Why Access Controls May Be AI’s Biggest Security Vulnerability

Photo via Pavlo Gonchar

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(Photo credit: CDC/Unsplash)

Corporate America is Fretting the Rising Costs of Employee Healthcare

Health insurance costs are expected to surge by as much as 6.5% next year, according to a recent survey from consulting firm Mercer.

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(Photo Credit: Andrew Roberts/Unsplash)

EV Makers Still Waiting for Their Cars To Be the Next Big Thing

People are buying EVs, just not at the hyper-pace most automakers were hoping would be here by now, The Wall Street Journal reported.

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Photo by Samantha Borges via Unsplash

The Show’s Over: Is Hollywood Moving Past Peak-TV?

A scale back in production was inevitable to achieve positive cash flow. But can Hollywood’s streaming era survive with fewer new TV shows?

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Ikea Slashes Prices Amid Cooling Inflation

(Photo by Czapp Árpád on Pexels)

On Thursday, Ikea announced that cooling inflation means it can finally return to its customer-friendly ways.

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(Photo by Kindel Media on Pexels)

Chinese EV Suppliers Look to Tap US Market With a Little Help From Friends

Chinese raw materials companies are cozying up with battery makers in Morocco and South Korea as a way of bypassing US restrictions.

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(Photo by Pixabay on Pexels)

ExxonMobil Buys Pioneer in Massive $60 Billion Deal

ExxonMobil announced it will purchase Pioneer Natural Resources for just under $60 billion, marking the largest oil-and-gas deal in decades.

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(Photo by Erik Mclean on Pexels)

Amazon’s Prime Day Isn’t About Sales Anymore

Amazon’s October Prime sales event wrapped up Tuesday, and this year saw a massive shift in consumer behavior.

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UAW Notches Win for EV Battery Workers with GM

The United Auto Workers announced on Friday that it had called off a planned walkout at a General Motors plant in Arlington, Texas.

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Home Depot Crime Ring Highlights Boom in Retail Theft

Home Depot cracked open a crime ring that has accounted for $3 million in stolen goods across its Florida locations.

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Photo by Sven D on Unsplash.

Ford’s Patent Tracks How Much Your Car is Polluting

The tech could help Ford – and those that buy Ford’s industrial fleet vehicles – cut their emissions by keeping a closer eye on them.

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(Photo by Towfiqu Barbhuiya on Unsplash)

Pharma Giants Combine Forces to Fight New M&A Rules

Some of pharma’s biggest players — including Merck, Amgen, Abbvie, and Gilead — formed an alliance to fight looming M&A reforms.

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Macy’s is Pivoting From its Legacy of Anchoring Malls

(Photo by Vladan Raznatovic on Unsplash)

Macy’s is going less colosseum and more cozy in a cost-cutting shift away from large locations in malls and into small-format stores.

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(Photo by Blue Origin)

Blue Origin Grounds Commercial Space Station Plans

Blue Origin is expected to back out of plans to build a commercial space station in conjunction with corporate partners.

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(Photo by Wes Hicks on Unsplash)

Rivian Finally Sees Sales Increase, But Not Nearly Fast Enough

On Monday, Rivian announced an expectations-beating jump in deliveries for its third quarter. But a new report says it’s still losing money.

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(Photo by Andrea Davis on Unsplash)

Airbnb’s CEO Wants a Customer Do-Over

In an interview with Bloomberg, CEO Brian Chesky laid out how Airbnb has been rocked by user dissatisfaction and tighter regulation.

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