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National CineMedia Files for Bankruptcy as Latest Casualty of Cinema Slump
National CineMedia LLC, the largest movie-theater advertisement business in North America, filed for bankruptcy Tuesday after facing years of challenges from reduced attendance at cinemas
Ernst & Young Halts Breakup Plan After Revolt by U.S. Leaders
Markets Finance EY spent more than $100 million on split between auditing, consulting business Source link
Ernst & Young Halts Breakup Plan
The Big Four accounting firm has ended its efforts to split into consulting and auditing businesses after U.S. partners objected to the proposal. Source link
Occidental Petroleum Plans to Suck Carbon Dioxide From the Air—So It Can Keep Pumping Oil
Petroleum giant says its plan to capture and store carbon dioxide will give it leeway to invest in fossil fuels A direct-air capture facility by
PC Shipments Fall 29%, Led by Drop in Apple Devices
The industry is grappling with a pandemic-driven glut in inventory. Source link
Tonal Founder Steps Down as CEO
The at-home fitness company completed its latest funding round at a fraction of its prior valuation. Source link
Ozempic, Wegovy and Mounjaro Spark a Weight-Loss and Diet Industry Identity Crisis
Weight-loss businesses, which long pushed calorie-counting and willpower, are grappling with the surging popularity of new drugs. Source link
Auditors Didn’t Flag Risks Building Up in Banks
When KPMG LLP gave Silicon Valley Bank a clean bill of health just 14 days before the lender collapsed, the Big Four audit firm flagged
Facebook, Twitter Rebuffed Sandy Hook Families’ Request for Data in Alex Jones Case
WSJ News Exclusive U.S. Slain children’s families hoped to show that social-media revenue helped fuel Alex Jones’s hoax claims Source link
Johnson & Johnson’s Talc Plan Spotlights Chapter 11 Voting Power
Johnson & Johnson’s latest plan to resolve mass cancer lawsuits through bankruptcy could force some cosmetic-talc users and their lawyers into a settlement they don’t