News and Trends

Hershey Rejects $23 Billion Mondelez Takeover Offer
Acquisitions

Hershey Rejects $23 Billion Mondelez Takeover Offer

The snub underscores the challenges Mondelez Chief Executive Irene Rosenfeld faces in wooing Hershey's controlling shareholder, the Hershey Trust, a $12 billion charity created by the eponymous company's founder a century ago.
Visa, MasterCard $7.25 Billion Settlement With Retailers Is Thrown Out
Court Cases

Visa, MasterCard $7.25 Billion Settlement With Retailers Is Thrown Out

The case will return to the Brooklyn federal court, where it will be overseen by U.S. District Judge Margo Brodie.
Scandal-Hit Zenefits Slashes Own Valuation as it Cuts Deal With Investors
Zenefits

Scandal-Hit Zenefits Slashes Own Valuation as it Cuts Deal With Investors

The company seeks to avoid litigation and mend damage in the wake of revelations of cheating.
Google's Diversity Efforts Show Scant Progress
Google

Google's Diversity Efforts Show Scant Progress

The company released its diversity figures for the first time in 2014 and sparked a conversation among Silicon Valley tech companies that led many of its closest competitors to follow suit.
Apple Reportedly in Talks to Buy Jay Z's Tidal
Apple

Apple Reportedly in Talks to Buy Jay Z's Tidal

The talks are said to be 'exploratory.'
U.S. Opens Investigation After Fatal Crash in Tesla's Autopilot Mode
Tesla

U.S. Opens Investigation After Fatal Crash in Tesla's Autopilot Mode

The accident will add fuel to a debate within the auto industry and in legal circles over the safety of systems that take partial control of steering and braking from drivers.
NBC Will Broadcast 85 Hours of the Rio Olympics in VR -- Start Up Your Day Roundup
Start Up Your Day

NBC Will Broadcast 85 Hours of the Rio Olympics in VR -- Start Up Your Day Roundup

Plus: Facebook has made it easier for users to fundraise for their favorite charities.
Grace Reader
Crystal Pepsi: The 'Clear' 90s Hit Makes a Return
Pepsi

Crystal Pepsi: The 'Clear' 90s Hit Makes a Return

Crystal Pepsi will be sold in 20-ounce bottles starting July 11 in Canada and Aug. 8 in the United States.
Hertz Signs Rental Deals With Uber and Lyft
Hertz

Hertz Signs Rental Deals With Uber and Lyft

With these deals Uber and Lyft drivers will be able to rent Hertz vehicles for longer periods such as several weeks or months.
Phil LeBeau
Wal-Mart Heirs Again Top Forbes List of 25 Richest U.S. Families
Wealth

Wal-Mart Heirs Again Top Forbes List of 25 Richest U.S. Families

Collectively, the top 25 wealthiest families in America are worth $722 billion, down 1.5 percent, or $11 billion, from a year ago.
Did LeBron James Win the NBA Finals Sneaker Battle?
sneakers

Did LeBron James Win the NBA Finals Sneaker Battle?

When the final buzzer sounded, LeBron may have earned a ring, but Curry earned a whole lot of something else.
Dan Bova
Facebook Has Released Its 'News Feed Values' -- Start Up Your Day Roundup
Start Up Your Day

Facebook Has Released Its 'News Feed Values' -- Start Up Your Day Roundup

Plus: Apple is working on technology to help venues disable iOS users from taking photos and videos at concerts.
Grace Reader
Netflix to Continue to Look at an Entry Into China
Netflix

Netflix to Continue to Look at an Entry Into China

The streaming site is trying to counter slowing growth in the U.S. with its move in January to launch in more than 130 new markets worldwide.
Amazon Is Bringing Back 'Prime Day,' a Day of Shopping With Special Deals Every 5 Minutes
Amazon Prime

Amazon Is Bringing Back 'Prime Day,' a Day of Shopping With Special Deals Every 5 Minutes

Starting at midnight PT on July 12 , Amazon Prime members will be able to shop across nearly all product categories and take advantage of new deals.