company

Emerson sells part of business, says it would consider leaving St.  Louis

Emerson sells part of business, says it would consider leaving St. Louis

FERGUSON — Emerson announced it is selling another piece of its business and that its company headquarters could move from its longtime home in the St. Louis region. Emerson said it plans to sell a majority stake in its Climate Technologies business to private equity funds managed by Blackstone, a New York-based investment firm. Climate …

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What the eclipse of Tencent by a liquor company says about Xi's China

What the eclipse of Tencent by a liquor company says about Xi’s China

What would it say about US innovation and President Joe Biden’s stewardship of the economy if America’s largest beer company, Anheuser-Busch InBev, had a bigger market capitalization than Apple? Nothing good, probably, and indeed the very thought is a ridiculous one. Apple’s $2.2tn market cap is almost 28 times larger than AB InBev’s $80bn. But …

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Kroger agrees to buy rival grocery company Albertsons for $24.6 billion

Kroger agrees to buy rival grocery company Albertsons for $24.6 billion

Albertsons and Kroger supermarkets Bridget Bennett | Bloomberg | Getty Images; Brandon Bell | Getty Images Rival grocers Kroger swear Albertsons on Friday announced plans to team up. The companies said Kroger agreed to buy Albertsons for $34.10 a share in a deal valued at $24.6 billion. Albertsons shares closed Thursday at $28.63 after surging …

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Critics sound alarm over 'Twitter troll' Elon Musk's company takeover

Critics sound alarm over ‘Twitter troll’ Elon Musk’s company takeover

Elon Musk’s looming Twitter takeover has triggered warnings on the left that under his leadership the platform will be flooded with hate speech and misinformation, especially ahead of upcoming election cycles. Musk hasn’t provided a detailed picture of the version of Twitter he plans to run, but he’s foreshadowed creating a platform focused on what …

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The essentials list: Actress and founder of The Honest Company Jessica Alba shares her beauty and style must-haves |  CNN Underscored

The essentials list: Actress and founder of The Honest Company Jessica Alba shares her beauty and style must-haves | CNN Underscored

Jessica Alba is an actress, mother of three and mega-successful entrepreneur. After growing up in Hollywood as a teen star, Alba came to be a style and beauty inspiration. Today, her influence is still apparent in the success of The Honest Company, which she founded in 2011 to bring safe, nontoxic diapers and baby wipes …

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McDonald's owners group says the company rejected the request to delay big changes to the franchise system

McDonald’s owners group says the company rejected the request to delay big changes to the franchise system

A customer places an order on September 24, 2022 at a McDonald’s Restaurant along the New York State Thruway in Hannacroix, New York. Robert Nickelsberg | Getty Images News | Getty Images A group representing McDonald’s owners said the company rejected its request to delay changes to franchising policies, including updated standards and adjustments to …

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Elon Musk's own data scientists couldn't find many bots on Twitter, and he hid that crucial information, the company says

Elon Musk’s own data scientists couldn’t find many bots on Twitter, and he hid that crucial information, the company says

Twitter says Elon Musk was presented weeks ago with his own analysis on “bots” or fake accounts. His chosen data firms found the bots to be around 5% to 11%, Twitter’s legal team said. Musk has claimed in the past that at least 20% of Twitter accounts are bots. Loading Something is loading. Elon Musk’s …

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Are you tempted to buy AMC's new APEs?  Be prepared to lose everything, the company warns

Are you tempted to buy AMC’s new APEs? Be prepared to lose everything, the company warns

Shares of AMC preferred equity units, or ‘APEs,’ rose 5% Monday, while the company’s common stock fell 7.5%, after the company unveiled plans to sell another up to 425 million APEs. At current prices, the cinema chain could raise up to $1.6 billion from the sale of additional APEs, which was disclosed in a regulatory …

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Ubisoft Boss Clarifies His Controversial Remarks About Toxicity

Ubisoft Boss Still Doesn’t Get Why His Company Is So Toxic

Photo: Christian Petersen (Getty Images) In a new interview with La Presse, Ubisoft CEO Yves Guillemot appeared to say that toxicity in the games industry comes from necessary “friction” in the creative process. The implication was that it was almost inescapable. Two years into a workplace reckoning over sexual harassment, misconduct, and browbeating at the …

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