The studios and the actors’ union haven’t spoken for more than two months, but a deal is needed before the entertainment industry can fully return.
The bank’s investment arm agreed to pay $25 million for overstating how it used environmental, social and governance factors in its funds.
Rite Aid has proposed closing between 400 and 500 of its stores as part of its bankruptcy proceedings and either selling or turning over the remaining stores to its creditors, The Wall Street Journal reports, citing anonymous sources familiar with the negotiations.
Some of the company’s bondholders want even more closures than that, the WSJ reports.
The pharmacy chain, which has about 2,300 stores in 17 states, is mired in roughly $3.3B in debt and is beset by more than 1,000 lawsuits.
The suits, filed both in federal and state courts, allege that Rite Aid filled unlawful prescriptions for controlled substances, contributing to the opioid crisis…
A new version of OpenAI’s popular chatbot behaves a lot like Siri and Alexa. You can talk to it — and have a conversation.
Reports suggest that screenwriters won concessions from Hollywood studios on key issues. That reflects the strength of unions’ hands in the current moment.
Joby Aviation delivered the aircraft, which can carry a pilot and four passengers, to Edwards Air Force Base in California for testing.
Companies like OpenAI hone their bots using hand-tailored examples from well-educated workers. But is this always for the best?
Future crises may involve many funds making similar bets.
Tech giants have been partnering with up-and-coming A.I. start-ups, like Microsoft backing OpenAI, but Amazon has not been as active as rivals until now.
The complaints come after investors switched following Schwab’s acquisition.