Tupperware, company known for its plastic containers, files for Chapter 11 bankruptcy
https://www.usatoday.com/story/money/2024/09/18/tupperware-containers-bankruptcy-news/75273659007/
Tupperware is best known for its once-iconic, colorful food storage containers. Here's what we know so far after the company filed for bankruptcy.
Dow hits 42,000 for first time in Fed fueled run
Dow hits 42,000 for first time in Fed fueled run
https://www.foxbusiness.com/markets/dow-hits-42000-first-time-fed-fueled-run?intcmp=tw_fnc
Investors celebrated the Federal Reserve's super-sized interest rate cut and what is likely the start of a longtime coming easing cycle that should lower borrowing costs for consumers and businesses.
After Shark Tank, Mark Cuban Just Wants to Break Shit—Especially the Prescription Drug Industry
After Shark Tank, Mark Cuban Just Wants to Break Shit—Especially the Prescription Drug Industry
https://www.wired.com/story/big-interview-after-shark-tank-mark-cuban-just-wants-to-break-shit-especially-the-prescription-drug-industry/
Billionaire Mark Cuban is done with his hit TV show, but he’s still invested in fighting pharma’s middlemen, being a dad, and needling Elon Musk.
Datacenter chipmaker Ampere, once valued at $8 billion, explores possible sale: Report
https://www.tomshardware.com/pc-components/cpus/datacenter-chipmaker-ampere-once-valued-at-dollar8-billion-explores-possible-sale-report
But who might be interested to buy Ampere?
Cinema Chains Put $2.2B Bet On Box Office Rebound With New Upgrades
Cinema Chains Put $2.2B Bet On Box Office Rebound With New Upgrades
https://www.hollywoodreporter.com/business/business-news/cinema-chains-new-upgrades-1236006810/
North American theater owners new capital investments draw moviegoers house premium experience local multiplex.
US Senate Warns Big Tech to Act Fast Against Election Meddling
https://www.wired.com/story/senate-hearing-with-us-tech-providers-on-election-threats/
In an Intelligence Committee hearing with representatives from Google, Apple, and Meta on Wednesday, senators stressed that foreign influence is far from a solved problem.
IBM quietly axing thousands of jobs, source claims
https://www.theregister.com/2024/09/18/ibm_job_cuts/
We did warn you, Big Blue tells The Reg, as Cisco also swings the ax as promised
Former MoviePass CEO admits the $9.95 ‘unlimited’ ticket scheme was fraud
https://www.theverge.com/2024/9/17/24247051/moviepass-ceo-mitch-lowe-guilty-plea-fraud
Unlimited movies were too good to be true.
Substack, a newsletter service, is now also a live video company
Substack, a newsletter service, is now also a live video company
https://www.engadget.com/apps/substack-a-newsletter-service-is-now-also-a-live-video-company-150004585.html?src=rss&guccounter=1
Substack is adding a live video component to its newsletter service. In its announcement post, the company positioned this feature as providing real-time audience engagement for creators.
Home Depot to pay $2 million settlement for overcharging customers
https://www.cnn.com/2024/09/14/business/home-depot-to-pay-usd2-million-settlement-for-overcharging-customers-and-false-advertising/index.html