Monthly Archives: August 2022

Jeff Bezos said his son told him ‘please don’t eff this up’ after Amazon took on ‘The Lord of the Rings’ prequel

Amazon Jeff Bezos said his son told him “don’t eff this up” after Amazon took on its “Lord of the Rings” project. The Amazon founder made the comment to an audience at the series premiere, per Variety. The series cost $1 billion to make and is set 3,000 years before the events of the Peter…

Buy Now Pay Later Report: Market trends in the ecommerce financing, consumer credit, and BNPL industry

Buy now, pay later solutions are continuing to grow in popularity as people seek alternative methods of financing. The BNPL industry will rack up $680 billion in transaction volume worldwide in 2025 Do you work in the Payments & Commerce industry? Get business insights on the latest tech innovations, market trends, and your competitors with…

Alibaba, JD.com are among the Chinese stocks reportedly being targeted by US auditors for inspection next month

Alibaba’s office in Beijing. Costfoto/Barcroft Media via Getty Images Alibaba, JD.com and YUM China are among US-listed Chinese companies being targeted by regulators.  The audit inspection is being conducted by the US Public Company Accounting Oversight Board. The news comes after regulators in the US and China reached a deal last week over audits.  Regulators…

Get ready to see more name brands at Bed Bath & Beyond as the struggling retailer embarks on a massive turnaround effort

Getty Images Bed Bath & Beyond announced a sweeping turnaround plan during a financial-update call for investors.   The plan includes backpedaling on owned brands in favor of national, well-known labels. Bed Bath & Beyond will also close 150 stores, cut 20% of its staff, and secure new financing. Bed Bath & Beyond stores may soon…

A Tesla owner is suing the electric vehicle maker, alleging his Model 3 stops for random obstacles in ‘frightening and dangerous nightmare’

A Tesla Model 3. David Zalubowski/AP A Tesla driver is suing the carmaker in a proposed class action lawsuit for phantom braking. The EV owner said the issues turn a “safety feature into a frightening and dangerous nightmare.” Earlier this year, the NHTSA said it was investigating Tesla over reports of unexpected braking. A Tesla…

Florida is suing the Biden administration’s FDA for ‘unreasonably delayed’ approval of prescription drug importation plan from Canada

Florida Gov. Ron DeSantis speaks at a press conference at LifeScience Logistics to urge the Biden administration to approve Florida’s plan to import prescription drugs from Canada. Paul Hennessy/SOPA Images/LightRocket via Getty Images Florida is suing the FDA because it won’t approve its plan to lower prescription drugs. The state wanted to import cheaper prescriptions…

The 38 best romance books to read in 2022, from beloved classics to bestselling rom-coms

When you buy through our links, Insider may earn an affiliate commission. Learn more. From light rom-coms and YA fiction to bestselling modern and classic novels, this list has your next favorite romance book. Amazon; Alyssa Powell/Insider Romance books range from contemporary love stories to historical fiction reads. They make great weekend reads and gifts…