Shareholders of Warner Bros. Discovery have voted to reject the company’s top executives’ compensation packages, including CEO David Zaslav, in a non-binding vote. The “Say on Pay” vote saw shareholders choose against the proposals by a significant margin of 1.5 times over the number of votes cast in favor. Zaslav’s 2024 compensation package increased to … Read more
Private equity firm Roark Capital has purchased rising chicken restaurant chain Dave’s Hot Chicken in a deal worth an estimated $1 billion. The acquisition brings Dave’s into Roark’s growing portfolio of brands, including Subway and Dunkin’. CEO Bill Phelps expressed excitement about the partnership, looking forward to further growth and value creation for franchise partners. … Read more
Apple’s stock has been struggling, and analysts at Needham & Company don’t see an easy way out. They downgraded the stock due to its high price and growing threats from tech rivals. The Needham team believes that major catalysts are needed to put shares on a better course. The company faces increasing competition in the … Read more
The New York Knicks are now looking to Johnnie Bryant, former associate head coach of Tom Thibodeau’s staff, as their next top coaching candidate. The news comes after the Suns hired Jordan Ott, a Cleveland colleague of Bryant’s, to replace fired coach Mike Budenholzer. Bryant, 39, was part of Thibodeau’s coaching team for four seasons … Read more
NASA/ESA/CSA James Webb Space Telescope Detects Water and Methane on Distant Exoplanet Astronomers using the James Webb Space Telescope have made a groundbreaking discovery on the exoplanet WASP-121b. The telescope has detected water, carbon monoxide, silicon monoxide, and methane in the planet’s atmosphere. WASP-121b is an ultrahot Jupiter, with a surface temperature of over 3,000 … Read more
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McDonald’s is quietly testing a new breakfast item, the Blueberry McGriddle, again after initially introducing it in 2019. The sandwich features sausage, bacon, egg, and cheese on blueberry-infused griddle cakes. Fans are excited about its return, with some even speculating that future variations could include chocolate chips. The original test of the Blueberry McGriddle was … Read more
STAT’s Morning Rounds newsletter brings you the latest health and medicine news every weekday. This week, we’re excited to announce two new additions to our team, including D.C. reporters Chelsea Cirruzzo and Daniel Payne. The biotech team has been reporting nonstop from the American Society of Clinical Oncology conference in Chicago. We’ll be following along … Read more
Arizona’s largest egg producer, Hickman’s Egg Ranch, is battling a severe bird flu outbreak that has wiped out 95% of its chickens, leaving one farm uninfected. The company, which supplies around 80% of the state’s eggs, is facing an uncertain future as it works to contain the outbreak and repopulate its farms. According to President … Read more
New research suggests that moderate coffee consumption may support healthy aging. A 30-year study of nearly 50,000 women found that those who drank regular coffee during midlife were more likely to age well physically, mentally, and emotionally. Researchers measured caffeine intake and followed the women’s health over three decades. The study found that most women … Read more