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Business and Economic News

CNN announces it's parted ways with news anchor Don Lemon

CNN announces it's parted ways with news anchor Don Lemon

Lemon, a 17-year veteran of the cable network, said he was “stunned” when his agent told him Monday morning that he had been terminated.
by Joe Hernandez

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Fox's settlement with Dominion unlikely to cost it $787.5M

Fox's settlement with Dominion unlikely to cost it $787.5M

Fox Corp.’s hefty $787.5 million settlement with Dominion Voting Systems over defamation charges is eye-popping, but the ultimate cost to the media company is likely to be much lower. 
by The Associated Press

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Homeware giant Bed Bath & Beyond has filed for bankruptcy

Homeware giant Bed Bath & Beyond has filed for bankruptcy

The retailer, which also owns the BuyBuy Baby chain, has lost shoppers and money after a series of ineffective or mistimed turnaround attempts. It has also exhausted numerous financial lifelines.
by Alina Selyukh

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BuzzFeed to close news division, cut 15 percent of all staff

BuzzFeed to close news division, cut 15 percent of all staff

Pulitzer Prize winning digital media company BuzzFeed will shut down its news division cuts another 15 percent of its staff across the company, adding to layoffs made earlier this year.
by The Associated Press

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Area codes? Minnesota soon will have one more: 924

Area codes? Minnesota soon will have one more: 924

Residents of southern Minnesota will soon have a second area code option, in addition to the longstanding 507. It’ll be the state’s first new area code in more than two decades.
by Andrew Krueger

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