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Rupert Murdoch calls son Lachlan a 'principled leader' as he takes helm of News Corp and Fox
Rupert Murdoch called his son Lachlan a "principled leader" poised to navigate a changing media landscape as the 52-year-old executive took the helm at News Corp and Fox.
Sephora locks up perfumes in effort to thwart rampant shoplifting
Sephora is the latest retailer to combat theft with a new initiative that will see its fragrance displays stripped down to just tester bottles.
Target expects shoplifting to remain 'significant financial' problem despite closing troubled stores
Target said it expects shoplifting will continue to be a “significant financial headwind” despite the big discounter's recent move to shutter locations popular with pillagers -- including a store in...
Rupert Murdoch says News Corp focused on 'opportunities and challenges' posed by AI
News Corp CEO Robert Thomson noted the company has “led the quest for compensation for content from the big digital platforms."
Disney drama builds for Bob Iger as another activist investor builds large stake
Disney's stock price could trade between $120 and $190 a share, far above its current $94.19 price, ValueAct has suggested.
BuzzFeed takes down article about journalist hit with child pornography charges
Slade Sohmer, 44, has pleaded not guilty to two counts of possession of child pornography and two counts of dissemination of child pornography.
PepsiCo sued by New York alleging plastic waste polluted the environment
The lawsuit filed in state court in upstate Erie County is among the first by a state to target a major plastics producer.
Target shares soar on bullish forecast despite inflation, Pride backlash
Target said it would place a big focus on value, for example, offering over two-thirds of its holiday toy collection and holiday decorations priced below $25 and $20, respectively.
Tech mogul Bryan Johnson claims his 'super blood' slashed his father's age by 25 years
Anti-aging-obsessed tech mogul Bryan Johnson claimed one transfusion of his "super blood" with his father shaved his 70-year-old dad's aging process by 25 years. Johnson -- who reportedly spends $2 million...
Tesla allowed to ban factory workers from wearing union T-shirts: court
The electric vehicle maker adopted its uniform policy in 2017 amid an organizing campaign by the United Auto Workers union.
Dave Portnoy pops champagne after Business Insider CEO steps down
Barstool's Dave Portnoy popped a bottle of champagne in honor of Henry Blodget's step-down from the CEO job at Insider, toasting to the move as what Portnoy described as a...
Billionaire Ken Griffin sees this sunshine city taking over NYC as US finance capital
Hedge fund manager Ken Griffin said there's a possibility this city could one day overtake New York's Wall Street as as financial firms worry about rising crime rates.
Warren Buffett's Berkshire Hathaway invests in Atlanta Braves, sheds GM, P&G holdings
Berkshire sold $7 billion of stocks and bought just $1.7 billion in the third quarter, a down period for its stock holdings led by Apple, whose share price fell 12%.
'No country for creepy old men': FDIC chief grilled over sex, nude pix at agency
FDIC Chairman Martin Gruenberg was grilled on Capitol Hill one day after a bombshell investigation revealed he has long been a toxic cesspool of misogyny.
Goldman to hand out fat bonuses to top performers despite bank's tanking profits: report
Goldman Sachs is planning to dole out fat bonuses to its star bankers, according to a report -- despite tanking profits at the bank and reports that this year will...
Ex-editor of left-leaning news site The Recount charged with child pornography
Slade Sohmer, 44, has pleaded not guilty to two counts of possession of child pornography and two counts of dissemination of child pornography.
Walgreens' billionaire chairman caught in 'very awkward' legal tussle as drugstore giant's problems continue to pile up
During a tour of Walgreens stores early in her tenure, Brewer expressed distaste for the Cooler Screens’ doors, comparing them in a “derogatory” way to “Las Vegas,” according to court...
Google CEO Pichai grilled over record-keeping at Google Play trial
Epic's counsel is seeking to prove its belief that Google has maintained an illegal monopoly over the Android app marketplace through its “Play” store.
Malcolm Gladwell clashes with staffers at podcast startup over diversity: 'Hello, I don't count?'
In February, Gladwell was grilled by Pushkin staffers at an all-hands meeting about the lack of diversity among the company's leadership.
Big Tech loses bid to toss lawsuits alleging social media platforms harmed children
The decision covers hundreds of lawsuits filed on behalf of individual children who allegedly suffered negative physical, mental and emotional health effects from social media use including anxiety, depression, and...