BuzzFeed raised far less money from the merger than it had expected to after many investors in the SPAC asked for their money back.
The speed and depth of the decline in BuzzFeed’s stock may in part be because there is a small number of shares available to trade.
In the nine months through the end of September, it lost $16 million, a small improvement from a loss of $21 million in the same period of 2020.
The union was leading in an election at another store, but by a margin smaller than the number of ballots the union was seeking to disqualify through challenges.
Workers cited frustration over understaffing and insufficient training when they filed for union elections at the stores in late August, problems that have dogged the company for years but which appeared to worsen during the pandemic.
The election occurred through mail ballots that were due Wednesday.
They also complained that Starbucks had temporarily closed certain stores in the area, which they found disruptive, and said Starbucks had excessively added staff in at least one of the three stores that held elections.
Former National Labor Relations Board officials have said that these actions by the company could be interpreted as undermining the “laboratory conditions” that are supposed to prevail during union elections and that they could serve as grounds for throwing out a result.
Starbucks has said that it dispatched out-of-town officials and temporarily closed stores to help solve staffing and training problems and to remodel stores to make them more efficient.
The key issue at the store whose vote was unresolved, near the Buffalo airport, was whether several workers who cast ballots were actually employed at the store.
The outcome could be important for determining the union’s leverage when it seeks to negotiate a contract.
Starbucks has faced other union campaigns over the years, including one in New York City in the 2000s and one in 2019 in Philadelphia, where it fired two employees involved in organizing, a move that a labor board judge found unlawful.
The Raptors and Pacers played in separate games Wednesday, but on that day’s injury report, only the Pacers listed a player — guard Justin Holiday — in the protocols.
has seen a rise in the numbers of players placed in the protocols.
The Chicago Bulls have four players in protocols, including one of their stars, DeMar DeRozan.
The disclosure, made in a securities filing, is the latest sign that Boeing is struggling to overcome quality and other problems that have eroded its credibility and led to the ouster of its chief executive.
Boeing had paused deliveries of the plane briefly last year and again in May as it worked with the Federal Aviation Administration to address the quality concerns.
The delays have forced American to cancel plans to bring back flights to Edinburgh and Shannon, Ireland and seasonal flights to other destinations such as Dubrovnik, Croatia, and Prague, the airline said.
American said it also planned to redeploy all wide-body airplanes in its fleet to long-haul service, by not using them on shorter routes.
“Our 787 aircraft are an important part of our fleet,” he said.
Boeing has delivered about 200 Max planes since the regulators allowed it to fly again and new orders for the popular narrow-body jet, which has just one aisle, have been strong.
As part of a compromise deal reached with Mr. Diess, 63, more authority will be handed to Ralf Brandstätter, 53, who last year took over as head of the Volkswagen brand.
Mr. Diess, however, will take on a new role as head of the company’s software unit, Cariad, which the carmaker views as essential to its future success and a key element of the process of transforming Volkswagen from a legacy carmaker to a competitor in the global market for increasingly computerized vehicles.
“We have made important decisions and found good answers to make Volkswagen fit for the future,” the board chairman, Hans Dieter Pötsch, told reporters afterward.
His recent efforts to shake up Volkswagen have included stressing the gap in efficiency between Volkswagen and Tesla, the electric car company that is increasingly seen as VW’s main rival.
A crippling global shortage of semiconductors has slowed VW’s production lines, causing a 24 percent drop in third-quarter deliveries and a sharp fall in profit.
As part of a five-year plan, the board also approved further investments, including a new research and development center in Wolfsburg, where Volkswagen was founded in the 1930s.
The plan is similar to what WarnerMedia announced this year regarding its streaming service, HBO Max.
Earlier this year, the studio reached an agreement with its distribution partners whereby Peacock would get exclusive streaming rights to its movies for the first four months after they left theaters.
He started his career in 1973 at a cable station in Ithaca, N.Y., where his duties involved standing in front of a map and doing that awkward talking-into-space thing while reciting temperatures.
“Very nippy on Saturday morning by the way — 62 degrees in the Los Angeles area,” he said.
Ms. Lopez, who was standing just off screen, and Leslie Sykes, KABC’s longtime morning news anchor, rushed over to congratulate him at the end of the segment.
Mr. Iger, 70, was 23 when he last did the weather.
He has joked in interviews over the years that giving the residents of Ithaca their daily weather report left him with a useful skill.
stock market has been on a run, with the S&P 500 up nearly 4 percent so far this week, and more than 25 percent for the year.
The S&P 500 now has a real earnings yield — the inflation-adjusted ratio of earnings per share to the stock price — approaching negative 3 percent, the lowest since 1947, Bank of America equity strategists led by Savita Subramanian wrote in a recent note to clients.
A low earnings yield means that corporate profits are not keeping up with stock prices.
The last time the S&P 500 had a negative real earnings yield, the Bank of America analysts said, was in 2000, before the tech bubble burst.
After the initial shock of the pandemic, stocks have shrugged off negative news and set a series of records.
Investors are also weighing new data on the health of the economy.
The drop is another signal of how tight the labor market is.
China Evergrande has defaulted on the debt it owes to global investors, Fitch Ratings, a credit rating firm, said on Thursday.
The developments of Evergrande, the world’s most indebted developer, shook global markets in September and October, with investors weighing how the company’s failure could have a dangerous spillover effect.
Energy stocks were among the worst performers in the S&P 500, with Devon Energy Corporation and Enphase Energy down about 4 percent and Diamondback Energy nearly 3 percent lower.
The newspaper chain Lee Enterprises announced on Thursday that it had rejected a takeover bid by the New York hedge fund Alden Global Capital, saying in a statement that the offer “grossly undervalues” the publisher of 90 dailies including The Buffalo News, The Omaha World-Herald and The St.
22, offering to buy Lee, a public company, at $24 a share, or roughly $141 million.
J.
In May, it purchased Tribune Publishing, the company behind metropolitan dailies including The Chicago Tribune and The Baltimore Sun, in a deal valued at $633 million.
Alden’s critics have said that its approach is to buy newspapers and wring profits from them while making drastic cost cuts that are detrimental to local journalism.
The regulator said Amazon gave merchants who pay to use the system, called Fulfillment by Amazon, enticements like access to Amazon Prime customers, meaning their products can often be shipped within 24 hours without delivery fees.
For an additional cost, the company offers Fulfillment by Amazon, which allows vendors to store their products in Amazon’s warehouses and delivery system, as well as programs for inventory management, returns and customer service.
Fulfillment by Amazon is an optional offering, the company said, and a majority of third-party merchants selling products on Amazon do not use the company’s logistics system.
Amazon has invested heavily in Italy, a market once resistant to e-commerce that came to embrace it during the pandemic.
In addition to the fine, Italian regulators said Amazon must give outside vendors who don’t use Fulfillment by Amazon access to the same sales and visibility opportunities, if they use a logistics operator that meets certain standards.
Amazon has become a frequent target of antitrust authorities.
Bobby Kotick, the chief executive of Activision Blizzard, continues to face pressure over accusations that he didn’t respond to claims of sexual misconduct from employees at the video game company.
The SOC Investment Group will ask Coca-Cola not to renominate Mr. Kotick to its board next year.
The group had initially campaigned against what it said was Mr. Kotick’s outsize pay package.
It is the latest effort to hold the beverage company to its stated commitment to social justice; the National Legal and Policy Center also cited the company’s willingness to speak out on social issues when it demanded Mr. Kotick’s resignation from the board last month.
“Should the Coke board renominate Kotick, that would tell us about a lack of commitment” to those social goals, Mr. Clayton said.
The companies are responding to concerns, backed by an ample body of research, that A.I.
The vote was bipartisan, as two centrist Democrats — Senators Joe Manchin III of West Virginia and Jon Tester of Montana — joined all 50 Republicans in voting to overturn the regulation, which has already been blocked amid a wave of litigation by large employers and Republican-controlled states.
If the appeals court had not ruled, Apple on Thursday would have had to start allowing companies to include links within their apps directing customers to outside websites where they can pay for those companies’ services or subscriptions.