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Big Lots Execs Warn of ‘Doubt About the Company’s Ability to Continue’

Popular discount store Big Lots warned financial regulators in a recent filing that its huge losses over the past two years have raised “significant doubts about the company’s viability.” The Ohio-based home goods retailer, which has about 1,400 stores nationwide, has seen dramatic Loss of $132 million It has been on a downward trend since […]

How Live Nation and Irving Azoff clinched Dead & Company’s lucrative Las Vegas residency

Live Nation and its former chairman, veteran music mogul Irving Azoff, are quietly tightening their grip on Dead & Company’s lucrative Las Vegas shows amid growing federal antitrust pressure, The Washington Post has learned. Live Nation, which was sued last month by the Justice Department for allegedly profiting from an illegal monopoly on live entertainment, […]

Reddit shares jump 14% after company’s debut earnings report

Reddit shares soared as much as 14% on Wednesday after the social media company showed unexpectedly strong revenue growth and improved profitability in its first earnings report since its market debut. The social media company surprised Wall Street late Tuesday with a forecast that it may report an adjusted profit in the second quarter. In […]

HIMS CEO ‘clarifies’ support for anti-Israel protests after boycott deflates company’s stock

CEO Andrew Dadum said: Hims Online medicine, publication Clarification Regarding his previous comments expressing enthusiastic support for anti-Israel protests on US campuses. Dudum, who is Palestinian-American, issued a second statement regarding the protests from his official account on X, the platform formerly known as Twitter. “The last few days have been a disheartening reminder of […]

Google employees protest company’s work with Israeli government

Employees at two different Google offices on Tuesday spoke out against a $1 billion contract the company signed with a U.S. ally in 2021 and protested the company’s work with the Israeli government. Protesters organized two sit-ins at offices in Sunnyvale, California, and New York City. The Sunnyvale office sit-in was organized by anti-apartheid activist […]