Disney to Lay Off 28,000 Employees in Florida and California Theme Parks
Travel

Disney to Lay Off 28,000 Employees in Florida and California Theme Parks

The company has been massively affected by COVID-19.

LeBron James' SpringHill Entertainment and Universal Pictures Sign Four-Year Deal
Entertainment

LeBron James' SpringHill Entertainment and Universal Pictures Sign Four-Year Deal

The two companies have already started on three projects.

U.S. District Court Judge Blocks TikTok Download Ban
Tech & Gadgets

U.S. District Court Judge Blocks TikTok Download Ban

Granting an injunction against the ban order originating from the Trump administration.

Allbirds Plans Expansion After Securing $100 Million USD in Funding
Footwear

Allbirds Plans Expansion After Securing $100 Million USD in Funding

Looking to diversify its products and open more physical retail locations.

GOAT Earns $1.75B Valuation After New $100M Financing Round
Footwear

GOAT Earns $1.75B Valuation After New $100M Financing Round

A new study estimates the global resale market will be worth $30 billion by 2030.

Neiman Marcus Exits Bankruptcy, Looks to Reimagine Business
Fashion

Neiman Marcus Exits Bankruptcy, Looks to Reimagine Business

Clearing more than $4 billion USD in debt.


Blizzard Co-Founder Mike Morhaime Launches New Development Studio Dreamhaven
Gaming

Blizzard Co-Founder Mike Morhaime Launches New Development Studio Dreamhaven

He stepped down as Blizzard’s president in 2018.

Tiffany & Co. Wins Court Approval to Expedite LVMH Lawsuit (UPDATE)
Fashion

Tiffany & Co. Wins Court Approval to Expedite LVMH Lawsuit (UPDATE)

The jeweler’s board chairman says the French conglomerate is trying to “run out the clock.”

Nike Rallies in a Strong Fiscal Quarter Following a Previous 38% Revenue Drop
Fashion

Nike Rallies in a Strong Fiscal Quarter Following a Previous 38% Revenue Drop

Seeing growth across all geographies.

Coronavirus Pushes Sizzler to File For Bankruptcy
Food & Beverage

Coronavirus Pushes Sizzler to File For Bankruptcy

Tough times for one of America’s first steakhouse chains.

Quibi Reportedly Looking at Potential Sale
Entertainment

Quibi Reportedly Looking at Potential Sale

The streaming platform had only launched in April this year.

Here's Why Costco Has Charged $1.50 USD for Its Hot Dog and Soda Since 1985
Food & Beverage

Here's Why Costco Has Charged $1.50 USD for Its Hot Dog and Soda Since 1985

Allegedly losing money on every hot dog sold.

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