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Massive power tool recall: 1.4 million tools recalled, 9 people already injured

Massive power tool recall: 1.4 million tools recalled, 9 people already injured

It’s time to recheck your power tools following a big recall earlier this year. Two new recall actions are in place concerning devices that might cut you while you’re using them. One of them is DeWALT’s 12-inch Sliding Compound Miter Saws which sold more than 1.4 million units across the US and Canada. The other …

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Box Office: 'Bullet Train' Opening Projected at $30 Million

Box Office: ‘Bullet Train’ Opening Projected at $30 Million

“I think I can, I think I can… be the top movie at the box office,” says Sony’s original action movie that could. The Brad Pitt vehicle “Bullet Train” should take No. 1 on domestic charts. The film earned $12.6 million from 4,357 locations on Friday and is projecting a $30 million debut. It’s a …

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WGA Wins $42 Million “Self-Dealing” Arbitration Against Netflix – Deadline

WGA Wins $42 Million “Self-Dealing” Arbitration Against Netflix – Deadline

The WGA said today that it has prevailed in a huge “self-dealing” arbitration against Netflix that it says will result in hundreds of writers on more than 100 Netflix theatrical films receiving an additional $42 million in unpaid residuals. The WGA West and the WGA East say they now are pursuing about $13.5 million in …

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Warner Bros. kills off 'Batgirl' movie, $90 million in : NPR

Warner Bros. kills off ‘Batgirl’ movie, $90 million in : NPR

Actress Leslie Grace at the MTV Video Music Awards in Sept. 2021. Grace filmed the title role in Batgirl — which the studio has permanently shelved. Jason Kempin/Getty Images hide caption toggle caption Jason Kempin/Getty Images Actress Leslie Grace at the MTV Video Music Awards in Sept. 2021. Grace filmed the title role in Batgirl …

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PayPal's sudden $900 million cost cutting creates a huge new challenge

PayPal’s sudden $900 million cost cutting creates a huge new challenge

PayPal has only known a growth, growth, growth mindset under long-time CEO Dan Schulman. That mindset officially ended as of August 2 as PayPal switches tactics to appease activist investor Elliott Management, which has disclosed a $2 billion stake in the payments giant. Late Tuesday, the company outlined $900 million in cost cuts — mostly …

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Another crypto bridge attack: Nomad loses $190 million in 'chaotic' hack

Another crypto bridge attack: Nomad loses $190 million in ‘chaotic’ hack

Bridges are the infrastructure that allow users to exchange assets between different blockchains, the digital database underpinning major cryptocurrencies. When a bridge service swaps one coin for another, it “wraps” the currency so that it will function on the other blockchain. A wrapped coin does not become another currency altogether — “it just looks like …

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TJX fined $13 million for selling recalled products

TJX fined $13 million for selling recalled products

JENNIFER: THANK YOU. FRAMINGHAM-BASED TJX, THE PARENT COMPANY OF T.J. MAXX, MARSHALLS, AND HOMEGOODS, HAS AGREED TO PAY $13 MILLION FOR SELLING AND DISTRIBUTING PREVIOUSLY-RECALLED PRODUCTS. THE COMPANY ACKNOWLEDGED IN ITS SETTLEMENT WITH THE U.S. CONSUMER PRODUCT SAFETY COMMISSION THAT IT KNOWINGLY SOLD 1200 RECALLED PRODUCTS THROUGH ITS STORES AND ONLINE DURING A FIVE-YEAR PERIOD …

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Michael Saylor steps down as MicroStrategy CEO, company takes $917 million charge on bitcoin

Michael Saylor steps down as MicroStrategy CEO, company takes $917 million charge on bitcoin

MicroStrategy (MSTR) announced on Tuesday its founder and CEO Michael Saylor will step down from the top job and take a new post as executive chairman, focused on the company’s bitcoin strategy. Phong Le, the company’s president, will take over in the CEO role. MicroStrategy reported quarterly results that were light of Wall Street estimates …

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4.2 million people quit in June despite recession worries

4.2 million people quit in June despite recession worries

A cooldown in the job market is underway: The number of job openings dropped in June while near-record numbers of people continued to quit and get hired into new roles, according to the Labor Department’s latest Job Openings and Labor Turnover Summary. The labor market posted 10.7 million new job openings in June, which is …

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