Author: Editor

The brands, they are collaborating.It seems as though every day brings a new announcement from an odd-couple pairing of companies (or a company and a celebrity) about some sort of co-branded product. In the past month alone, Dunkin’ and L.L.Bean came together to sell a tote bag and sweater, JELL-O and Tower 28 teamed up to make lip gloss, and Mane and Cinnabon put out a lip balm and hairbrush. There’s also Gap x JYT, Realtree x Harley-Davidson, and Peloton x Miley Cyrus. The list goes on and on. Another cross-brand collab is almost certainly being dreamed up in a…

President Donald Trump is sending $500 checks to nearly a million Americans this week, along with a letter promoting his record on healthcare.The US Treasury is releasing the checks to over 950,000 Americans across 30 states who were enrolled in Affordable Care Act health insurance plans, an administration official said. The letter from the president was set to be mailed out to recipients on Thursday.”For years, the Biden Administration overcharged you to fund the operation of HealthCare.gov. That money belongs to hard-working Americans, not the Government, and now, I am returning it to you!” Trump begins the letter.Trump previously announced…

The first time I moved as an adult, it was to a dorm room in the oldest building on my college campus, up a hill and five flights of stairs. Thankfully, there were burly football players to help.Since then, I’ve moved 10 more times. I’ve done moves cross-country with a U-Haul, with the help of friends, with movers in one day, and while eight months pregnant. None of these were as easy as my recent move with my 10-year-old son, right next door.It might seem obvious, but a move is a move, and it still ranks high on the list…

Organizations have spent the last few years looking for answers to fundamental questions about AI: Is AI effective? Can it improve productivity? What organizational benefits does AI provide?Now, with those questions largely answered, enterprises face a new question that will ultimately determine their ability to grow their businesses and remain competitive: How can they scale AI for 20,000 or more people each day, at a cost the organization can support?The hidden cost of AI at scaleTraditional budgeting methods no longer work in today’s AI economy. As quickly as AI has accelerated, so have the hidden costs of the technology. Most…

Paramount Skydance’s David Ellison just introduced his new co-CEO ahead of the company’s merger with Warner Bros. Discovery.Ynon Kreiz, who’d been the CEO at toy maker Mattel since 2018, is joining Paramount on Monday as it finalizes its $110 billion merger with WBD.”I always planned to partner with an executive of Ynon’s caliber. Our skills and experience complement each other, and we share a vision for what this company can become,” Ellison told employees in a memo, which was obtained by Business Insider.Paramount said in its announcement that Ellison would lead the combined company’s creative and tech strategy, while Kreiz…

Jakub Porzycki | Nurphoto | Getty ImagesParamount Skydance CEO David Ellison announced on Wednesday the appointment of outgoing Mattel Chief Executive Officer Ynon Kreiz as his co-CEO of the anticipated combination of Paramount and Warner Bros. Discovery. The pair will lead as “one team,” with Kreiz set to take on the operational duties of the media company, according to a press release. “Ellison will focus on the company’s long-term strategy, creative vision and direction, including its talent relationships, strategic partnerships, technology and capital allocation,” Paramount stated in the release. “Kreiz will focus on the company’s day-to-day management and integration of…

David Ellison will share the reins of the combined Paramount-Warner Bros. Discovery with Mattel’s exiting CEO, Ynon Kreiz.Kreiz will join the new-look Paramount as co-CEO on Monday, October 5, Paramount announced on Wednesday. Ellison had been Paramount’s sole CEO since its merger with Skydance last August.Both Ellison and Kreiz will oversee employees at Paramount and WBD, which are expected to join forces in the coming days as part of a $110 billion mega-deal. Ellison will head up the creative and technology strategies while Kreiz will manage day-to-day operations and the merger integration, Paramount said.Paramount said it expects the merger to…

Twenty years ago, I accepted a short-term teaching job at a university in Los Angeles. As a born-and-raised Midwesterner, I hadn’t considered West Coast living, but I was open to the experience.Though I was there for only four years, I grew to love LA: the natural abundance of wildly diverse landscapes, the creativity of the entertainment industry, and, of course, the fantastic weather.Family obligations drew me back to my roots, but the City of Angels was lodged in my heart. Last year, my teaching assignment in my Missouri hometown ended. My parents were safely situated with the care they needed.…

Sharpen your pencils. If you weren’t rich enough to invest in private equity before, you soon may just have to pass a test to put your money into the private markets.The Securities and Exchange Commission announced on Wednesday a suite of proposed rules and regulatory actions to make it easier for people to invest in private equity, credit, and other private-market funds.These funds are mostly only open to accredited investors, which has historically meant people with a net worth of more than $1 million, excluding their primary home, those who make more than $200,000 a year individually or $300,000 with…

MGM Resorts International CEO Bill Hornbuckle is leaving open the possibility that the casino operator could acquire Barry Diller’s People Inc., a striking reversal after the media company abandoned its own effort to take over MGM.Asked at the Global Gaming Expo this week whether MGM was considering buying People Inc., Hornbuckle said MGM would continue pursuing what is in the best interest of shareholders and “trying to unlock the value of a company that we think is grossly undervalued.”Hornbuckle pointed to MGM’s collection of assets, including BetMGM, its casino operations in Macao, its resort under construction in Japan and its…