There was a time when AOL was on track to becoming the biggest media empire in the world (in 2000 AOL bought Time Warner for $182 billion). There was a time when Yahoo was synonymous with the World Wide Web (in 1999 its market cap was $125 billion). Today Verizon managed to get fifty cents on the dollar for the two 1990s relics. The buyer, who paid $5 billion for both properties, is Apollo a "private equity firm that owns the Venetian resort in Las Vegas and crafts retailer Michaels,' reports The Verge. "Apollo co-founder Leon Black recently stepped down as Chairman, soon after it was revealed that he paid more than $150 million to Jeffrey Epstein."
Dollar Tree should change its name to Dollars Tree. The company announced today that they're permanently raising the prices of most of their items from $1 to $1.25 and offering more $3 and $5 products. From CNN: Selling stuff strictly for $1 hampered Dollar Tree, the company said, and forced it stop selling some "customer… READ THE REST
Salesforce, the cloud software company based in California, has offered to pay its workers in Texas to leave the state following its 6-week abortion ban. "These are incredibly personal issues that directly impact many of us — especially women," Salesforce told employees in the message, which CNBC obtained. The company did not take a stance… READ THE REST
CVS upping its base pay to $15 an hour is a milestone because it employs 300,000 people and puts pressure on other small-store retailers (such as Walgreens-Boots) to follow suit. A scan of the top 10 retailers suggests that among big-box employers, only Home Depot and Lowes have failed to promise at least $15 an… READ THE REST
We thank our sponsor for making this content possible; it is not written by the editorial staff nor does it necessarily reflect its views. In a day and age where we always have hand sanitizer on standby and have normalized the use of no-touch door openers, the same standard of cleanliness should follow you home,… READ THE REST
We thank our sponsor for making this content possible; it is not written by the editorial staff nor does it necessarily reflect its views. From getting through the slew of work emails you've been putting off answering to making sure you're place is stocked with all the goodies necessary to feed all your holiday visitors… READ THE REST
We thank our sponsor for making this content possible; it is not written by the editorial staff nor does it necessarily reflect its views. Listen, long gone are the days of being able to fix everything just by plugging it back in again (otherwise we would have done that with the completely nuts country already).… READ THE REST