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☆ Bed Bath & Beyond just missed another debt payment. See the full list of stores it will close, including Harmon and Buybuy Baby locations.
▼ + stars: | 2023-02-02 | by ( Avery Hartmans | Dominick Reuter | ) www.businessinsider.com time to read: +20 min

In addition to 87 more Bed Bath & Beyond stores, the company now says it will close all of its remaining Harmon health and beauty stores, and five Buybuy Baby stores. San Leandro: 15555 East 14th St., Suite 24015555 East 14th St., Suite 240 Burbank: 201 East Magnolia Blvd. Marina: 117 General Stilwell Drive117 General Stilwell Drive Vallejo: 105 Plaza Drive, Suite 107105 Plaza Drive, Suite 107 * Palm Desert: 72459 Highway 11172459 Highway 111 * Visalia: 3125 South Mooney Blvd. Arterial * Coralville: 2515 Corridor Way Suite 5Kansas:Lawrence: 3106 S. Iowa St., Suite 2153106 S. Iowa St., Suite 215 Manhattan: 425 3rd Place425 3rd Place * Olathe: 15335 W. 119th St.Kentucky:Elizabethtown: 1998 N. Dixie Ave.1998 N. Dixie Ave. New Hartford: 4805 Commercial Drive4805 Commercial Drive Kingston: 1187 Ulster Ave.1187 Ulster Ave. Plattsburgh: 73 Centre Drive, Suite 10073 Centre Drive, Suite 100 Farmingdale: 251 Airport Plaza Blvd.

LOS ANGELES, Jan 25 (Reuters) - "Naatu Naatu", the standout song in the Indian period film "RRR," has won a Golden Globe and a Critics Choice Award, garnered hundreds of millions of views on YouTube and spawned a TikTok challenge. Keeravani, songwriter of ''Naatu Naatu'' from the movie ''RRR'', which is nominated for best original song at the Oscars, poses for a portrait at the Reuters office in Culver City, California, U.S. January 13, 2023. "Naatu Naatu" and Keeravani are competing with some big household names in the best song category, including Lady Gaga's "Hold My Hand" from "Top Gun: Maverick" and Rihanna's "Lift Me Up" from "Black Panther: Wakanda Forever". In the action-Bollywood epic directed by S.S. Rajamouli, "Naatu Naatu" begins when the two leads, played by Ram Charan and N.T. Rahman won the Oscar for the Hindi song “Jai-Ho,” but that was for the U.S.-British production of “Slumdog Millionaire,” which was set in India.

To identify the most important VCs in LA, Insider surveyed more than 75 local investors. Nearly 4,000 venture-backed startups hoping to be the next household-name company called LA home in 2022, according to Telstra Ventures. VCs closed 1,311 deals in LA worth $23 billion in 2022, trailing only the Bay Area and New York, according to PitchBook. To identify the most important VCs in LA, Insider surveyed more than 75 local investors and sought input from its editorial team. Here are 2023's most important VCs in LA, organized alphabetically by the investor's first name.

In January 2023, Culver's ditched Pepsi and began promoting Coca-Cola products on its website. Coca-Cola beverages dominate restaurant chains. Up until recently, Culver's also served Pepsi beverages. But the Wisconsin-based fast-food chain, known for its butterburgers and frozen custard desserts, has ditched Pepsi for Coca-Cola products. The Culver's website now advertises that it sells about nine Coca-Cola beverages, including Diet Coke and Coke.

☆ Culver's is switching from Pepsi to Coke. Fans are not happy
▼ + stars: | 2023-01-21 | by ( Ramishah Maruf | ) edition.cnn.com time to read: 1 min

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☆ Tesla breaks into America's bestselling cars list for 2022, but trucks still dominate
▼ + stars: | 2023-01-07 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Tesla does not report regional or individual vehicle sales, so the data is estimated. Overall, Tesla reported delivering about 1.25 million Model Y and Model 3 vehicles globally in 2022. "The brand, despite all the news and stuff, still dominates the EV market and it dominates the luxury market. A lot of that strength comes from the Model Y."

☆ At CES 2023, Sony's 'Gran Turismo' flags new entertainment strategy
▼ + stars: | 2023-01-04 | by ( Dawn Chmielewski | ) www.reuters.com time to read: +6 min

It also represents a significant bridging of the divides between Sony Pictures Entertainment, Sony PlayStation and Sony Music, according to a dozen current and former senior executives interviewed by Reuters. “I defined our identity as a creative entertainment company with a solid foundation on technology,” Sony chief executive Kenichiro Yoshida said. Sony’s “creative entertainment” company approach extends beyond content. A Sony-Honda electric vehicle, scheduled to reach consumers by 2026, is being framed as a rolling showcase of Sony’s entertainment, gaming and camera sensor prowess. This August will bring another test of Sony’s strategy when “Gran Turismo” hits theaters after languishing for 12 years.

☆ 3 friends share how they started a charcuterie side hustle that made $40,000 in its first month
▼ + stars: | 2022-12-29 | by ( Amanda Breen | ) www.businessinsider.com time to read: +8 min

That's what Ryan Culver, Caroline Elston, and Lowell Bieber, the Indiana-based friends behind charcuterie subscription service Platterful, discovered when they teamed up to launch their venture last year — and made $40,000 in their first month. Culver and Bieber previously partnered on a health-and-wellness subscription box, which they successfully scaled and sold in September 2020. Entrepreneur sat down with the trio to learn how they built their meat-and-cheese side hustle — and continue to fuel its growth. Even though Culver and Bieber had subscription experience, the cofounders did have to contend with a new complication: cold shipping. [With cofounders] you have other people to lean on — if you're having a tough day, maybe someone else is having a good day.

But, across the country, affordable housing is becoming increasingly rare to find. That is until they discovered a Civil Rights era approach that helps promote home ownership, particularly among minority groups, who are disproportionately impacted by the affordable housing crisis. This year they joined the Beverly-Vermont CLT, one of at least five in Los Angeles and more than 200 nationwide. While CLTs are a solution, Ventura admits there are — and should be — other affordable housing options to adequately address the crisis. However, efforts to transform them into affordable housing in some neighborhoods have proven controversial among existing homeowners.

☆ A tale of 2 tech giants: Struggling Meta is pulling back on offices in LA and NYC to cut costs, while TikTok is expanding
▼ + stars: | 2022-12-02 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +3 min

TikTok is seeking 150,000 square feet in Los Angeles to more than double its footprint in the city. One of the leasing executives who spoke with Insider said TikTok had considered spaces from "Santa Monica to downtown" Los Angeles. Meta, meanwhile, has 260,000 square feet in Los Angeles at the Brickyard, a recently built office complex in Playa Vista. The diverging appetite for office space between TikTok and Meta underscores a change in fortune for both firms. A spokeswoman for Meta said the company would not comment on its LA offices or its plans for them.

☆ U.S. shoppers to spend less this holiday season, but Amazon still stands to gain, Goldman Sachs says
▼ + stars: | 2022-11-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Amid mounting economic uncertainty this holiday season, nearly three-quarters of U.S. shoppers plan to spend less than or the same as last year, according to a new Goldman Sachs consumer survey. And Club holding Amazon (AMZN), a leading retailer for holiday sales and promotions, should be a top destination for American bargain-hunters. Goldman Sachs polled 1,000 U.S. consumers to gauge spending trends for holiday shopping this year. Nonetheless, Amazon maintains "the largest share of implied holiday purchasing with 33% of consumers planning to spend the most at Amazon," followed by Walmart. Bottom line We agree with Goldman's analysis that Amazon is one of the best-positioned players in the discount retail space to benefit from this year's holiday shopping.

☆ I got my big break as a Lionsgate screenwriter after I moved 2,000 miles from Hollywood. Here's how I made connections and worked my way up from security guard to my dream career.
▼ + stars: | 2022-11-17 | by ( Ken Miyamoto | ) www.businessinsider.com time to read: +14 min

Ken Miyamoto was a security guard at Sony, and worked his way up to story analyst for the studio. In 1996, I took one University of Wisconsin screenwriting class, and that was the extent of my screenwriting education. I moved to California from Wisconsin with my wife in late 1999 to pursue a career in screenwriting. The apartment was way overpriced and much smaller than others we looked at, but we signed the lease that day. Lastly, don't write for free.

☆ Alleged drunk driver arrested after crashing tractor trailer into bus carrying Chicago high school hockey team
▼ + stars: | 2022-11-13 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +3 min

An alleged drunk driver of a tractor trailer was arrested by police Saturday in northern Indiana after he allegedly ran a red light and crashed into a school bus carrying an out-of-state high school hockey team, knocking it onto its side and leaving more than a dozen people on board with injuries. Sixteen of the 26 people on board — which included 23 students, two coaches and a bus driver — sustained injuries, authorities said. "Our community stands in support of our JV hockey team that was involved in an accident after a travel contest last night," the post read. “We send our thoughts and prayers to the Saint Ignatius College Prep’s hockey team, their coaches and their families after the team was involved in a serious bus accident last night. The Illinois bus driver consented to a blood draw, police said.

☆ Unicorn indie-film studio A24 is in talks to buy the Cherry Lane Theatre, New York's oldest off-Broadway theater
▼ + stars: | 2022-11-02 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +3 min

The Cherry Lane Theatre was put back on the market in 2021 after a previous sale fell through. The purchase comes as Hollywood increasingly looks to the theater world for IP and talent. A24, the Oscar-winning studio behind indie hits like "Uncut Gems," "Midsommar," and "Moonlight," is in talks to buy the Cherry Lane Theatre, New York City's oldest continuously running off-Broadway theater, according to a person familiar with the matter. The Cherry Lane was put back on the market in November 2021 after a deal to buy the theater for $11 million fell through amid disagreements over the price. Representatives from the Cherry Lane Theatre and A24 declined to comment on any prospective sale.

☆ 'Superfly' actor Kaalan Walker sentenced to 50 years in prison for sexual assault
▼ + stars: | 2022-10-18 | by ( Julianne Mcshane | ) www.nbcnews.com time to read: +1 min

Actor and rapper Kaalan Walker has been sentenced to 50 years to life for sexual assault. Walker, 27, appeared in the 2018 remake of the 1970s film "Superfly" and starred alongside Halle Berry and Daniel Craig in the 2017 drama "Kings." Kaalan Walker attends a screening of "Superfly" in Culver City, Calif., on June 10, 2018. Walker was arraigned a month later on nine felony sexual assault charges and was held on more than $1 million bail. Walker's defense team plans to appeal the sentence, Flier said.

☆ Jellysmack is launching a new studio that will produce months' worth of original content for creators
▼ + stars: | 2022-10-18 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +4 min

Jellysmack will produce original content for creators through its new division, JellySmash. When creators are burned out or simply seeking to scale, JellySmash can film two months' worth of videos in three days. Jellysmack on Tuesday unveiled a new original content division called JellySmash Productions that the company has been incubating for the past year. JellySmash will monetize the content by taking a cut of creators' ad dollars on the back-end of the content. Its flagship offering, the Jellysmack Creator Program, takes existing videos and optimizes them for distribution on other platforms.

☆ Citi says Amazon is a top internet pick in a slower economy. Here’s why we think so, too
▼ + stars: | 2022-10-18 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Amazon (AMZN) is the most attractive internet pick in a slower global economy, Citi said Tuesday, further bolstering our that the company can maintain its leadership despite a weaker macro backdrop. Amazon can still gain wallet share, Citi says, even if the consumer weakens further. These upbeat commentaries on AWS come at a time when information technology budgets for enterprise customers are constrained in a slower economy. This will result in preserving Amazon's profit margins in a soft landing or increasing margins in a hard landing, Citi explains. While advertising, a cyclical business tied to the health of the economy, has also faced headwinds, Citi says Amazon's leadership in online ads can support profitability.

☆ Cannabis company Canopy applauds Biden's marijuana pardons as stock surges
▼ + stars: | 2022-10-06 | by ( Stefan Sykes | ) www.cnbc.com time to read: +1 min

Canopy Growth applauded President Joe Biden's announcement Thursday that he will pardon thousands of people convicted of marijuana possession. The president also called for a review of how marijuana is classified under federal law, saying the current status "makes no sense." Shares of Canopy jumped 22% after the news Thursday, closing at $3.75. Shares of fellow cannabis firm Tilray Brands gained over 30% that day. "Today represents action from the Administration that we have been waiting for – an acknowledgement that cannabis prohibition has failed and that too many lives have been significantly impacted as a result," David Culver, vice president of government relations at Canopy, said in a statement.

☆ UK may fine TikTok $29 mln for failing to protect children's privacy
▼ + stars: | 2022-09-26 | by ( ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterThe TikTok logo is pictured outside the company's U.S. head office in Culver City, California, U.S., September 15, 2020. REUTERS/Mike Blake/File PhotoSept 26 (Reuters) - Britain could fine TikTok 27 million pounds ($28.91 million) following an investigation that found the short-form video app may have breached UK's data protection law by failing to safeguard privacy of children using the platform. The Information Commissioner's Office (ICO) has issued TikTok and TikTok Information Technologies UK Ltd with a "notice of intent", the regulator said in a statement. ICO's provisional view suggests that TikTok breached UK data protection law between May 2018 and July 2020. read more($1 = 0.9339 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by Radhika Anilkumar in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.

☆ Amazon’s second Prime Day is set to boost sales ahead of the holidays
▼ + stars: | 2022-09-26 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

The announcement of a second Prime Day from Club holding Amazon (AMZN) sent shares of the e-commerce giant up around 2.5% on Monday. Prime members worldwide bought over 300 million items during Amazon's last Prime Day, in July. Analysts at JMP Securities said Amazon's second Prime Day could help "elongate the holiday spending period." As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Amazon signage is displayed outside of an Amazon.com Inc. delivery hub in the late evening of Amazon Prime Day, July 12, 2022 in Culver City, California.

☆ Amazon remains top pick at UBS — and in our portfolio — despite FedEx’s alarming guidance
▼ + stars: | 2022-09-16 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

We are particularly encouraged by this analysis, because investors out there may end-up wrongly interpreting FedEx (FDX)'s terrible guidance and economic outlook as a warning about Amazon's business. Analysts are now scrambling to assess whether the problems that FedEx described in its business and the global economy at-large will slow Amazon's e-commerce. Since there are many differences between FedEx and Amazon's business, we are sticking with our long-term thesis on Amazon. Bottom line We like UBS' work here as many on Wall Street clearly extrapolated FedEx's guidance to mean Amazon's e-commerce business is struggling — when, in actuality, it is not. If consumers roll back their discretionary spending, which Amazon's e-commerce business relies on, profits from AWS can help offset changes in consumer spending behavior.

☆ Starbucks just had its best week ever thanks to cold pumpkin drinks. See how it's betting future growth on making iced drinks faster.
▼ + stars: | 2022-09-13 | by ( Mary Meisenzahl | ) www.businessinsider.com time to read: +3 min

Iced drinks now make up about 70% of Starbucks' sales, Schultz said, and they're particularly popular with younger Gen Z and Millenial customers, driving sales growth. To better accommodate this demand for iced drinks, Starbucks unveiled new, faster methods of making cold brew and frappuccinos at investor day. The company is adding its new proprietary Siren System that it says will cut the time and effort needed to make cold drinks. The Siren System includes a custom ice dispenser, milk dispenser, and faster blenders to expedite the process of making frappuccinos and other cold drinks. The process to make a grande Pink Drink will go from 52 seconds and 11 steps to 24 seconds and 9 steps, Starbucks says.

☆ Xi Jinping is rewriting China's history. Here's what that means (2021)
▼ + stars: | 2021-11-11 | by ( ) edition.cnn.com time to read: 1 min

In a meeting behind closed doors in Beijing, China's ruling elite rewrite the Communist Party's history to chart a new course. China's current President Xi Jinping will be highlighted and his role on the nation's rise on the global stage, putting him alongside other Party leaders like Mao Zedong and Deng Xiaoping. CNN's David Culver reports from China.

☆ Vaccine Development Has Changed Forever
▼ + stars: | 2021-05-13 | by ( ) www.wsj.com time to read: 1 min

Inside the Company Minting the Next Generation of Child StarsPocket.watch, a digital-media company in Culver City, Calif., wants to be ‘the Nickelodeon of the future,’ its CEO says. WSJ’s Chavie Lieber explains how the company identifies and then signs YouTube’s biggest kid creators and then works to create new shows and distribution deals with streaming giants. Zoe Thomas hosts. Photo: Pat Martin for WSJ Magazine

Persons: WSJ’s Chavie Lieber, Zoe Thomas, Pat Martin Organizations: Nickelodeon, WSJ Magazine Locations: Culver City, Calif

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