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Buzzfeed sells popular ‘Hot Ones’ production company to George Soros-led group

BuzzFeed announced that it has officially sold the company behind its YouTube show “Hot Ones” to an affiliate company backed by George Soros. BuzzFeed announced in a press release Thursday that it has completed the sale of media company First We Feast to a consortium led by affiliates of Soros Fund Management LLC for $82.5 […]

Court slaps down Nasdaq proposal to impose DEI standards on company boards

The court is received a contrary judgment A proposal by the Nasdaq Market Index to impose diversity, equity, and inclusion standards on corporate boards. The proposal, the first of its kind, would require the 3,000 companies listed on the index to have at least one woman, one minority, and one LGBTQ person on their boards. […]

Microsoft shareholders vote against company investing in bitcoin

Cryptocurrency investor Joe McCann talks about whether Bitcoin is an investment or a currency in “Cavuto: Coast to Coast.” Microsoft shareholders on Tuesday rejected a proposal that would have seen the tech giant consider investing in Bitcoin as a way to diversify its assets. The proposal, proposed by a conservative think tank known as the […]

Boeing to layoff hundreds in Washington as second-round of company cuts continue

Boeing is laying off 396 employees at its Washington state location, Reuters reported on Monday. The move is part of a 10% global workforce reduction announced by the company in October and is expected to affect about 17,000 jobs within Boeing. Fox Business reported in November that 2,199 Boeing employees in Washington state, totaling more […]

Campbell’s Company CEO to retire from company, join NFL team’s front office

See what's being clicked on FoxBusiness.com. Campbell's Company CEO Mark Close is leaving the packaged food company to join the front office of the NFL's Washington Commanders early next year. Coaches announced Tuesday that Close will become president and head of team operations in late January. Campbell's said his six-year term as CEO will end […]

Lebron James Media Company Lost Nearly $30 Million Last Year

The media company founded by NBA All-Star LeBron James reportedly lost nearly $30 million last year and could lose millions more. SpringHill, the production company LeBron James co-founded with Maverick Carter in 2020, lost $28 million despite producing films such as: space jam and shooting star Along with the talk show The Shop. The company […]