Amazon has nabbed a lion in winter. The retail and entertainment giant announced Wednesday that it would acquire MGM, the storied movie studio for $8.5 billion, giving them the keys to franchises like James Bond and Rocky, and landing the flagging studio around $3 billion more than its valuation. If all this consolidation seems like…
New York’s Attorney General Letitia James filed a lawsuit Wednesday against Facebook for what her office says is the social media giant’s effort to illegally stifle competition. New York is joined in the suit by 46 other state attorneys general and the attorneys general of the District of Columbia and Guam. Separately, the Federal Trade…
Monopoly fans have voted to make a cat the newest token in the popular board game, replacing the not-so-hot iron, toymaker Hasbro Inc said on Wednesday. After a month-long online vote in 185 countries, the iron was ousted by the cat, which will become the newest token in the classic game after winning 31 percent…
Is there anything more reprehensible than white-collar crime? Certainly, there are any number of moral offenses that may trump the impulses of rich white men to make themselves even richer. But even the most egregious of these can be rationalized (rightly or wrongly) through psychological profiling and the ascription of some mental disorder or social…
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