Chuck E. Cheese parent company files for bankruptcy, another casualty of pandemic

Restaurant chain Chuck E. Cheese parent CEC Entertainment filed for Chapter 11 bankruptcy on Thursday, making it the latest casualty of the COVID-19 pandemic that has crushed entertainment and leisure industries globally. The company described the current crisis as the … Read more…

Italian Producer Emanuele Moretti Launches LA & Rome-Based Sales & Production Company Motus Studios — Cannes

EXCLUSIVE:Italian producer Emanuele Moretti (Bite) is launching LA and Rome-based production and sales firm Motus Studios. Out of the gate, Moretti has set up a strategic partnership with Ellen S. Wander’s Film Bridge International to produce and sell movies together. … Read more…

The FBI called a powerful opioid developed for the military a public threat. The company selling the drug says it'll save lives.

Dsuvia, a relative of fentanyl that is 1,000 times stronger than morphine, was funded by the Defense Department and approved by the FDA. But some, including the FBI, say it could exacerbate the nation’s opioid crisis. Yahoo News – Latest … Read more…

Refinery29 Founder Christene Barberich Steps Down as Editor-in-Chief in Response to Accusations of Racism and Toxic Company Culture

Christene Barberich, co-founder and longtime global editor-in-chief of Refinery29, announced that she would be stepping down from the head of the company on Monday. The cause? Accusations of racism and toxic company culture at the media business she helped create … Read more…

Coronavirus live updates: Amazon workers sue the company; tennis star Djokovic chafes at US Open restrictions

As the global death of Covid-19 nears 400,000, U.S. health officials are keeping a close eye on caseloads and hospitalization rates as states continue to relax their lockdown measures and reopen different types of businesses. Asia News BEST DEAL UPDATE:

Bernard Arnault buys one-quarter stake in fellow French patron Arnaud Lagardère’s holding company

Bernard Arnault, Europe’s richest man, has acquired a one-quarter stake in Arnaud Lagardère’s holding company, in a move that will be seen as an attempt to support the family of his fellow French billionaire. News – FashionNetwork.com USA BEST DEAL … Read more…

How A Company Misappropriated Native American Culture To Sell Health Insurance

Jill Goodridge was shopping for affordable health insurance when a friend told her about O’NA HealthCare, a low-cost alternative to commercial insurance. The self-described “health care cooperative” promised a shield against catastrophic claims. Its name suggested an affiliation with a … Read more…

‘Shark Tank’: Why Mark Cuban invested in a vegan company with pay-what-you-can pricing that the other Sharks hated

Despite doubts from Kevin O’Leary and Robert Herjavec (“The open market does not reward good intention, it rewards results,” Herjavec said about the business with a pay-what-you-can pricing model), billionaire investor Mark Cuban took a chance on vegan soap company, … Read more…

Dentistry company sues NBCUniversal for $2.8 billion over critical report

A dentistry company is reportedly suing NBCUniversal for defamation, claiming a February news segment critical of the company’s services caused their stocks to plummet. Nashville-based SmileDirectClub — a company that sends teeth straightening kits directly to consumers’ homes — alleges … Read more…

Trump’s Vaccine Czar Holds Millions in Stock Options at Company That Got Federal Funding for COVID-19 Work

Drew Angerer/Getty The former pharmaceutical executive tapped by President Trump to lead the federal effort to develop a coronavirus vaccine owns stock options worth more than $ 10 million in a company receiving funding from that same program, Stat News … Read more…

Apple CEO Tim Cook says company saw an ‘uptick across the board’ in late April thanks to stimulus and work from home

Apple executives gave quite a bit of color on a call with analysts about what they’ve seen in the macro environment in the time of Covid-19 and how Apple has fared so far US Top News and Analysis COMMUNITY NEWS … Read more…