Middletown packing plant set to close; dozens of layoffs plannedMIDDLETOWN, Ohio — A Middletown packaging plant will close this fall, with dozens of layoffs planned. According to a notice filed Thursday with the Ohio Department of Job and Family Services, 91 workers are expected to lose their jobs due to the closure of the Packaging … Read more
A ‘Barron’s Roundtable’ panel discusses how AI agents are challenging Big Tech’s control. More than 500,000 Walgreens brand eye drop products are being recalled for sterility concerns as part of a broader recall involving nearly 750,000 eye care products. Sterling Pharmaceutical Services LLC, based in Dupo, Illinois, initiated the recall on August 20 due to … Read more
America’s railroads were once the envy of the world and the engine of its industrial age. But that hasn’t been the case for more than half a century. Brightline, founded in 2012, wanted to change all that. Florida’s private railroad company ran yellow trains at near high speed between Miami and Orlando. It has big … Read more
An OpenAI security leader has resigned from the company, warning that its culture was broken and that AI companies were not “being careful enough” when developing the technology. David Robinson, who led the writing of the security reports that accompanied the ChatGPT developer’s product releases, explained his resignation in an essay titled: “I left OpenAI … Read more
In a commercial kitchen outside Raleigh, North Carolina, Nicholas Hohns spreads a blue-green goo into a square pan, making one of his company’s signature products: potent THC gummies, which contain the main intoxicating compound found in marijuana. It is a business he will soon have to give up. The multibillion-dollar U.S. market for harmful hemp … Read more
Los Angeles’ “mansion tax,” sold to Angelenos as a way to tax the rich and boost housing, has instead blocked the construction of 9,100 homes, eliminated 16,650 full-time construction jobs, and cost $452 million in revenue. A damning new report says the tax, officially known as United to House LA, or ULA, has negatively impacted … Read more
Union Square Hospitality Group founder Danny Meyer and Chip City founder and CEO Peter Phillips discuss the genesis of their partnership on ‘The Claman Countdown.’ Chip City, the New York-born cookie chain that has expanded rapidly in recent years with the backing of a prominent hotel investment firm, has closed all of its locations nationwide. … Read more
This marks another month of uncertainty for Disney employees as the entertainment giant continues to reshape its workforce. The Walt Disney Company has begun another round of layoffs, eliminating approximately 300 jobs, primarily in human resources and technology, as new CEO Josh D’Amaro continues to restructure the company. The cuts are expected to take place … Read more
Bitcoin has skyrocketed since its creation just over 15 years ago, largely due to a global financial crisis that has ballooned into a $365 trillion emergency. Subscribe now to CryptoCodex – a free crypto newsletter that will put you ahead of the market. The price of bitcoin has risen 300% from its 2023 lows, although … Read more
In a commercial kitchen outside of Raleigh, North Carolina, Nicholas Hohns spreads blue-green goo into a checkered pan, creating one of his company’s signature products: potent THC gummies, which contain the main intoxicating compound found in marijuana. It is a business that will soon have to be abandoned. The multibillion-dollar U.S. market for harmful hemp … Read more