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Thursday, Aug 9, 2018 at 03:36 PM EDT

MoviePass CEO Acknowledges Initial Business Model Was a Flop

MoviePass CEO Acknowledges Initial Business Model Was a Flop

MoviePass CEO Mitch Lowe is acknowledging in the face of criticism over the number of movies customers can see as part of a new subscription plan that his company missed the mark in creating a sustainable...

Thursday, Aug 9, 2018 at 01:10 PM EDT

Amazon Has Plans to Open Its Own Health Clinics for Seattle Employees

Amazon Has Plans to Open Its Own Health Clinics for Seattle Employees

Amazon's ambitious plan to bring down the costs of health care is getting an early test in a familiar place: its Seattle headquarters. The company is in internal discussions to open primary care clinics in its...

Thursday, Aug 9, 2018 at 11:15 AM EDT

Ready to Rent a Home? Beware of These New Scams

Ready to Rent a Home? Beware of These New Scams

Renting an apartment or a single-family home may seem easier than buying one, especially as so much of the process is now streamlined online. Easier, however, isn't always safer. More than 43 percent of...

Thursday, Aug 9, 2018 at 11:14 AM EDT

Rite Aid, Albertsons Call Off Merger Deal Ahead of Vote

Rite Aid, Albertsons Call Off Merger Deal Ahead of Vote

Rite Aid and the grocer Albertsons called off an agreement to become a single company with the deal facing shaky prospects in a shareholder vote. Shares of the drugstore chain plunged after markets opened...

Thursday, Aug 9, 2018 at 10:19 AM EDT

US Producer Prices Flat in July, Restraining Inflation

US Producer Prices Flat in July, Restraining Inflation

U.S. wholesale prices were unchanged in July after two months of large increases, a sign inflation pressures have softened. The Labor Department said Thursday that the producer price index — which measures...

Thursday, Aug 9, 2018 at 01:33 PM EDT

Tribune Pulls Out of $3.9B Buyout by Sinclair Broadcast

Tribune Pulls Out of $3.9B Buyout by Sinclair Broadcast

The $3.9 billion buyout of Tribune Media by Sinclair collapsed Thursday, ending a bid to create a massive media juggernaut that could have rivaled the reach of Fox News. Tribune Media Co. said Thursday that it...

Thursday, Aug 9, 2018 at 06:41 AM EDT

Tesla CEO's Buyout Bid Raises Eyebrows, Legal Concerns

Tesla CEO's Buyout Bid Raises Eyebrows, Legal Concerns

Tesla CEO Elon Musk is seeking relief from the pressures of running a publicly held company with a $72 billion buyout of the electric car maker, but he may be acquiring new headaches with his peculiar handling...

Wednesday, Aug 8, 2018 at 07:29 PM EDT

BBJ Report: Restoring the Alexandra Hotel

BBJ Report: Restoring the Alexandra Hotel

New plan would restore long-vacant Alexandra Hotel in Boston’s South End."">Real estate editor Catherine Carlock joins necn to discuss her story, "New plan would restore long-vacant Alexandra Hotel in Boston’s South End."

Wednesday, Aug 8, 2018 at 11:07 AM EDT

Tesla Board Evaluating Elon Musk's Desire to Go Private

Tesla Board Evaluating Elon Musk's Desire to Go Private

Members of the Tesla board said Wednesday they have met "several times" to discuss CEO Elon Musk's desire to go private. Musk tweeted Tuesday that he was "considering taking Tesla private" and that he had...

Wednesday, Aug 8, 2018 at 02:35 AM EDT

China's July Exports Accelerate Despite US Tariff Hike

China's July Exports Accelerate Despite US Tariff Hike

China's export growth accelerated in July, showing little impact from a U.S. tariff hike in a spiraling dispute over technology. Sales to the United States rose 13.3 percent over a year earlier. Global exports...

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