• Musk Set To Reveal The Mass-Market Tesla
    At an invitation-only gala on the Space X campus in Hawthorne, Calif., this evening, Elon Musk will take the wraps off the Tesla Model 3, the long-range, all-electric vehicle that - with an entry price of $35,000 - is purportedly for the masses.
  • Sound And Fury Intensifies In Music Streaming Wars
    The volume on the music-streaming wars turned up a couple of notches yesterday as SoundCloud announced a subscription service and Spotify reportedly has raised $1 billion in convertible debt en route to an initial public offering sometime in the next couple of years. All this after Pandora Media shook up its executive ranks Monday.
  • JetBlue, Alaska Said To Be Wooing Virgin America
    After allowing that it might be amenable to a suitor last week, Virgin America is entertaining entreaties from JetBlue and Alaska Airlines, Bloomberg Business reported yesterday. It also broke the news last week that Virgin America was talking to a financial adviser after having been being approached about a possible sale.
  • Kapow! 'Batman V Superman' Fans Wallop Critical Judgment
    Despite the pounding it took from critics, Warner Bros.'s "Batman v Superman: Dawn of Justice" took in $170.1 million in North America and $254 million oversees on its opening weekend, bringing squeals of jubilation from studio executives that drowned out the collective moans and groans of the wags.
  • TiVo, Rovi Reportedly Talking About Merging Their Patents
    TiVo, a company whose name was on the verge of becoming a Xerox-like verb when its DVR devices introduced us to time-shifting and the 30-second skip in the early aughts, is in advanced merger talks with Rovi, a lesser-known but bigger software company that helps viewers navigate the digital entertainmentscape, "The New York Times" reports.
  • RIP Baseball Not-Great Joe Garagiola
    Joe Garagiola, who turned a lackluster professional baseball career into a star turn in the broadcast booth, on the set of the "Today Show" and in a variety of ads for everything from Doan's Pills to the Dodge Dart ("I own a Dart!"), died yesterday at 90 in Scottdale, Ariz., where he lived.
  • FDA Wants Black-Box Warnings On Immediate-Release Opioids
    The Food and Drug Administration yesterday announced new labeling requirements for immediate-release (IR) opioid pain medications including a boxed warning about "the serious risks of misuse, abuse, addiction, overdose and death."
  • Apple Shows Off Smaller iPhone, iPad; Holding Fast On Encryption
    Hoping to expand the iPhone's presence in developing markets, Apple yesterday unveiled a $399 smartphone - the iPhone SE - that has the same camera and processing capabilities of the iPhone 6S but is housed in a 4-inch body. In addition, it showed off a smaller - 9.7-inches - model of the iPad Pro and some lesser accoutrements, such as glitzy straps for the Apple Watch, whose intro price was cut $50 to $300.
  • Sherwin-Williams, Valspar Will Combine Their Colors
    Sherwin-Williams will acquire rival paint-and-varnish maker Valspar in a deal the companies say has "an enterprise value" of about $11.3 billion with estimated annual savings of $280 million and synergies that extend beyond the aesthetic.
  • Catching Up With Reality, SeaWorld Ends Orca Breeding And Shows
    Admittedly bowing to public pressure and cognizant of Millennial-driven changes in expectations, SeaWorld Entertainment announced yesterday that it would no longer breed orca whales in captivity and would end the theatrical shows featuring the so-called "killer whales" performing tricks for treats.
« Previous Entries