More companies are pushing low-calorie, sugar-free beverages they say are healthy. Some servings have nearly the same level of caffeine as a six-pack of Coca-Cola.
Startup shutdowns, fire sales and hard pivots are under way in the face of a downturn in the venture market.
Employers in the Northeast are sticking with flexible-work arrangements while other parts of the country are in flux.
When Daniel Cohen and his colleagues at private equity giant Apollo began due diligence on a $6.25B acquisition of the Venetian casino and hotel in Las Vegas in autumn 2021, the business was losing $1M a day, casinos had only just been allowed to operate at full capacity and there was no debt available to finance the acquisition. But the company still believed in Vegas.
“We’re in the business of taking measured bets,” Cohen, a partner in Apollo’s private equity division told Bisnow. “Las Vegas is an incredible, resilient investment destination, and we thought that people would want to be together…
Banks have signaled that they will stop working with the company’s American branch, it said, after the Securities and Exchange Commission sued it this week.
The maker of Monopoly, Play-Doh and Transformer action figures says part of the strategy is to win a bigger share of the preschool market.
Polly Trottenberg’s appointment as acting administrator comes as the air-safety regulator faces continued uncertainty over its leadership.
The e-signature company has cut jobs and changed leadership in response to slower growth.
The Detroit automaker said it would adopt Tesla’s charge-port hardware on future models.
As membership perks become harder to obtain, more travelers are becoming free agents.