Business
Disney is once again engaging in talks to acquire 21st Century Fox assets
Disney is once again trying to resume talks with 21st Century Fox to a possible acquisition, according to a report from The Wall Street Journal. In November, we…
Business
Page 25 of 37
Business news from The Jolt Journal: the US economy, jobs, inflation, interest rates and tariffs, plus crypto policy and tech industry moves.
Business
GM says it’s planning to launch a robot taxi service in 2019
The world of self-driving has a new contender. GM says that it's planning to launch a ride-sharing service featuring its self-driving Chevy Bolts. The company says that it's…
Business
DOJ is now going after the Wu-Tang album that Martin Shkreli bought
Federal prosecutors late Thursday submitted a formal notice that they plan to seek civil forfeiture of many different assets from Martin Shkreli. Prosecutors are going after the rare…
Business
Disney files lawsuit against Redbox to stop it from selling digital download codes
Redbox is facing a lawsuit from Disney for selling digital download codes to the studio's films, The Wall Street Journal reports. Redbox is well-known for renting physical DVDs and…
Business
After massive computer glitch, “only a few hundred” American Airlines flights still without pilots
American Airlines suffered a massive computer glitch that allowed its pilots to take off the week of Christmas. This caused a lot of issues for the airline because…
Business
Volvo’s SUV subscription service will start at $600 per month, insurance included
Back in September, Volvo announced that it was planning to start offering a subscription model service for its cars by starting with the new XC40 compact SUV. At…
AT&T
AT&T uses Comcast’s purchase of NBC as argument to purchase Time Warner
AT&T has hit a roadblock in its route to buy Time Warner. Fighting back against Trump administration, AT&T filed its first answer to the lawsuit yesterday in an…
Business
A computer glitch leaves American Airlines without any pilots for Christmas travels
It seems that American Airlines will be having a lot of issues this holiday season. Reuters and ABC report that a computer glitch allowed all of American Airlines'…
Amazon
Jeff Bezos’ net worth is now past the $100 billion mark
It looks like Amazon's Black Friday success has brought even higher success to CEO Jeff Bezos. Bloomberg has been keeping an eye on Jeff Bezos' net worth today.…
Business
Thanksgiving sets a new record for online sales
It seems that Thanksgiving Day sales stole some thunder from Black Friday sales. According to a new report from Adobe Analytics, Thanksgiving Day sales this year jumped more…
Business
Employees at Amazon’s Italy distribution hub are planning to strike on Black Friday
On one of the busiest shopping days of the year, over 500 Amazon employees at the company's Italy distribution hub are planning to go on strike, reports Reuters.…
Business
Walmart says it’s already preordered 15 of Tesla’s Semi trucks
Well, it didn't take long for a company to announce its commitment to Tesla's new Semi trucks. Tesla held an incredible event last night announcing their new Semi…
Business
Apple and Intel Engineers are working closely to produce 5G models for future iPhone
Apple and Qualcomm are in heated legal battles globally, the iPhone maker is looking to move away from its reliance on Qualcomm for iPhone modems and bring its…
Business
Amazon reportedly scraping plans for a cable TV bundle
Amazon has been in rates negotiations with TV networks for quite some time, but the company hasn't seen much success. According to a report from Reuters, Amazon has…
Business
Amazon and Whole Foods announce news price cuts for Prime members
Amazon and Whole Foods Market today announced a new set of discounts for Prime members that involved price cuts for even Thanksgiving items such as Turkey, just in…