Year: 2025

Paramount Skydance to acquire Bari Weiss-founded Free Press

Paramount Skydance to acquire Bari Weiss-founded Free Press

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CBS News studio at Times Square in Manhattan, New York, United States of America, on July 6th, 2024. Beata Zawrzel | Nurphoto | Getty ImagesParamount Skydance said Monday it has agreed to acquire online publication The Free Press, naming its co-founder and CEO, Bari Weiss, as CBS News' editor-in-chief.The digital upstart publication, which was launched by Weiss in 2021, will be joined with CBS News. Paramount said Monday The Free Press has 1.5 million subscribers, more than 170,000 of which are paid subscriptions.Weiss founded The Free Press after resigning from The New York Times' opinion desk in 2020."Weiss will shape…
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Online holiday spending growth Adobe report

Online holiday spending growth Adobe report

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Alistair Berg | Digitalvision | Getty ImagesOnline holiday spending in the U.S. is expected to jump 5.3% year over year to $253.4 billion as consumers seek discounts and even enlist the help of artificial intelligence-powered chatbots, according to an Adobe Analytics report released Monday.Yet that growth would still be slower than the year-ago holiday season, when online sales rose 8.7% from Nov. 1 to Dec. 31, the company said. Adobe's data tracks more than 1 trillion visits to U.S. retail websites, 100 million unique items and 18 different product categories.That growth is also below the 10-year average of roughly 13%…
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Nike CEO interview Elliott Hill talks turnaround, NKE stock

Nike CEO interview Elliott Hill talks turnaround, NKE stock

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Nike's turnaround plan is showing early signs of progress, but it will "take a while" for the company to return to profitable growth, CEO Elliott Hill said in an interview with CNBC's Sara Eisen aired Monday."When we come to work we think about three brands, and then multiple sports under each brand and then 190 countries that roll up to our four geographies," Hill said in a sit-down interview from the company's headquarters in Beaverton, Oregon. "Each brand times sport, and each [geography] times country, they're at different stages of the evolution." When asked when investors can expect Nike to get…
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Memphis Depay late for Netherlands duty because of stolen passport

Memphis Depay late for Netherlands duty because of stolen passport

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Netherlands record scorer Memphis Depay missed the start of international duty after reporting his passport stolen in Brazil, where he plays for Corinthians.Depay should have travelled to the Netherlands on Sunday evening but was unable to make the trip.Ronald Koeman's side face World Cup qualifiers away at Malta on Thursday and home to Finland on Sunday.The Dutch federation, the KNVB, said Depay was "doing everything he can" to make the journey "as soon as possible".National team head coach Ronald Koeman said: "This is unfortunate, primarily for Memphis, but also for us. You naturally want to start your international preparations with…
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Matt Bloomfield: Luton Town sack manager after nine months in charge

Matt Bloomfield: Luton Town sack manager after nine months in charge

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Luton Town have sacked manager Matt Bloomfield with the club 11th in League One following Saturday's loss at Stevenage.Bloomfield left Wycombe Wanderers in a League One promotion place to become Luton boss in January, following the departure of Rob Edwards.But he was unable to save them from a second successive relegation as they finished 22nd in the Championship and went down on goal difference, losing 5-3 to West Bromwich Albion on the final day of the season.They began the new campaign with three wins in their first four games but a downturn followed with four losses from seven since then."Performances…
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