The news of Justin Draper's departure from WBZ-TV as president and general manager comes as no surprise, given the recent string of high-profile departures from the station. As Draper reflects on his nearly three decades with CBS, it's clear that he's leaving behind a legacy of growth and change. Bu
As the global automotive industry is constantly evolving, two of the world's leading carmakers, Hyundai and General Motors (GM), have agreed to join forces in an effort to accelerate innovation and cut costs. The historic collaboration aims to develop new vehicles, streamline supply chains, and fost
Verizon's decision to lay off nearly 5,000 employees is a bold move aimed at streamlining operations and increasing profitability. But will it be enough to boost the company's stock growth, which has fallen short of expectations? As the telecom giant embarks on a cost-cutting and internal reorganiza
In a move that's set to revolutionize the independent film and television industry, Blue Fox Entertainment has restructured under a new umbrella company called Blue Fox Entertainment Group. This new entity will manage operations across various verticals, including domestic distribution, internationa
Sephora North America is making waves by promoting Delphine Herve to finance chief, its first female CFO. This move follows the appointment of its first female CEO, Artemis Patrick. Herve has served as SVP of finance, financial planning, and analysis for the region since 2022. She has held various f
The battle against piracy is an uphill struggle for the entertainment and sports industries, with the value of sports rights growing and pirate activity escalating. Javier Tebas, President of Spain's top division La Liga, warned that sports federations haven't taken the issue "as seriously as it sho
The Chinese electric vehicle (EV) market is facing yet another challenge as the government in Beijing has issued a recommendation to protect key technology by keeping advanced electric vehicle parts within the nation. This move has sent shockwaves through the industry, causing Chinese EV stocks to p
The tech industry's biggest players gathered at the White House to discuss the pressing issue of artificial intelligence (AI) energy needs. OpenAI CEO Sam Altman, Nvidia CEO Jensen Huang, Google Chief Investment Officer Ruth Porat, and Anthropic CEO Dario Amodei were among the attendees, joined by t
In a move aimed at streamlining their portfolio and focusing on higher-margin brands, General Mills has announced a $2.1 billion deal to sell its North American yogurt operations to French dairy firms Groupe Lactalis and Sodiaal. The divestiture marks a significant shift for the company, which has b
WestJet has recently transitioned its freighter aircraft business model, choosing to offer charter services to other airlines and logistics companies instead of operating scheduled cargo flights. This shift follows a decision to discontinue scheduled cargo service due to weak demand. The airline's c
