The maker of Lucky Strikes is taking the non-cash impairment to reflect the diminishing carrying value of the brands over the next 30 years.
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Andy Hoffman, Bloomberg (via Fortune)
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12/6/23
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At the Brainstorm Design conference in Macau, PepsiCo chief design officer Mauro Porcini shared the "baptism of fire" he got upon joining the company in 2012.
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Lionel Lim (via Fortune)
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12/6/23
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Disney called the reports “revisionist history” that are "neither objective nor credible" and cannot disguise the new district's intention to punish the company.
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Mike Schneider, The Associated Press (via Fortune)
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12/6/23
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Of the 128 applications it has received, only 36 had met all the conditions and their licensing would be considered in a meeting on December 12, according to the Financial Services Conduct Authority. …
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Steve Kaaru (via CoinGeek)
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12/6/23
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British officials believe CBDC would be a great boost in the United Kingdom, but its Treasury Committee calls for a deeper study to ensure that the cons of the digital pound may not outweigh its …
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James Field (via CoinGeek)
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12/6/23
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During closing arguments in its antitrust trial, JetBlue's lawyer says it needs Spirit to be a “viable challenger” to the four major domestic airlines.
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Michael Casey, The Associated Press (via Fortune)
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12/6/23
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The agreement is part of a settlement in a lawsuit filed by female pilots.
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The Associated Press (via Fortune)
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12/6/23
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Binance's U.S. lobbying spending didn't immunize itself from its legal woes, as more difficulties could arise following revelations that the exchange tipped off its VIP customers. [...]
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Steven Stradbrooke (via CoinGeek)
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12/6/23
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The investigation comes after Chuck Schumer and other senators urged the FTC to investigate the Exxon-Pioneer deal and Chevron's $53 billion deal with Hess.
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Matthew Daly, The Associated Press (via Fortune)
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12/6/23
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The recent "stress tests" on the BSV mainnet by blockchain indexer Bitails highlighted some interesting new use cases for BSV blockchain in the world of IoT and IPv6. [...]
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The …
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Jon Southurst (via CoinGeek)
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12/6/23
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