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The company’s board appointed Bob Eddy, the chief administrative and financial officer, to serve as the company’s interim chief executive.

Lee Delaney, C.E.O. of BJ's Wholesale Club, dies unexpectedly - The New York Times

China has filled the disputed South China Sea with more than 200 boats lashed together in rows in an act of aggression designed to "squeeze out" other countries in Asia, experts warn.

Beijing muscles in on the South China Sea filling it with hundreds of boats in an act of aggression

After months of deal speculation, Scooter Braun has sold his media company, Ithaca Holdings, to South Korea's HYBE.

Scooter Braun Sells Ithaca Holdings To South Korea’s HYBE – Deadline

Indoor concerts, theaters and other private gatherings may start up again in California beginning on April 15.

California to Allow Indoor Concerts, Theaters to Reopen on April 15 - Variety

On April 16, two weeks before Disneyland, Universal Studios Hollywood will open after being closed for a year.

Universal Studios Hollywood Reopening Before Disneyland With A Brand New Ride - GameSpot

The theme park will only be open to California residents for now.

Universal Studios Hollywood to Reopen on April 16 - Variety

Variety will be tacking all major entertainment reopenings, including movie theaters, perfomance venues and indoor restaurants.

Hollywood Covid Reopening: Disneyland, Universal Studios, LA Theaters - Variety

A cargo ship's blockage of the Suez Canal could worsen shipping snarls and spark shortages of toilet paper, coffee and other products.

The Suez Canal: Shipping snarl could spark toilet paper, coffee shortages

Dominion Voting Systems has filed a $1.6bn (£1.2bn) defamation lawsuit against Fox News, arguing it promoted baseless claims of vote-rigging.

Conservatives and Trump campaigners had claimed last year that the US company had altered its voting machines to deny re-election to Donald Trump.

The false claim of a stolen election was promoted by Mr Trump and helped fuel the 6 January attack on Congress.
Read more

Dominion Voting Sues Fox News for $1.6bn Over Election Fraud Claims. It's Just Business.

Chad Wolf, the former acting secretary of Homeland Security in the Trump administration, is launching a consulting firm to provide companies, NGOs and government agencies with advice on homeland and national security matters.

The new firm is called Wolf Global Advisors, and Wolf is launching it with three former other senior Trump DHS officials: former acting chief of staff Scott Erickson, former deputy chief of staff Tyler Houlton and legislative affairs director Beth Spivey.

Former Trump DHS chief Chad Wolf starts consulting firm - POLITICO

Apple and Epic are nearing their highly anticipated Fortnite trial and plan to bring forward some top executives to testify in-person.

Tim Cook and other Apple executives will testify against Epic in Fortnite trial  - CNN

An illegal human placenta trade is "flourishing" in eastern China despite a nationwide ban on the practice in 2005. A trader the Paper interviewed said his group handled 130,000 placentas in 2020 obtained from various medical clinics and medical waste facilities across eastern China. The trader’s group paid 80 yuan ($12.30) for each placenta and sold them to Traditional Chinese Medicine (TCM) suppliers for a profit.
Read more

Report: Human Placenta Trade 'Booming' in Eastern Chinese Black Market

Despite a mandatory factory shutdown during the pandemic, the "raging bull" of the auto world delivered 7,430 cars in 2020.

Lamborghini reports record profits, CEO teases electric future

Saudi Aramco had a rough 2020, just like every other oil company. But Aramco isn't any ordinary oil company -- it's the world's biggest, and the pandemic's toll on its business had a decidedly adverse effect on the Saudi-owned business.

Saudi Aramco reports profit tumbled sharply in 2020 - CNN

Tesla Inc chief executive Elon Musk said on Saturday his company would be shut down if its cars were used to spy, his first comments on news that China’s military has banned Teslas from its facilities.

Musk says Tesla would be shut down if its cars spied in China, elsewhere | Fox Business

First-year analysts have reported 95-hour working weeks plus poor physical and mental health.

Young Goldman Sachs bankers ask for 80-hour week cap - BBC News

The USDOT’s ITS Joint Program Office (JPO) has published a report, which shows that even if autonomous vehicles are adopted rapidly in the long-haul trucking sector, it will only lead to minimal layoffs. The report highlighting the potential macroeconomic impacts of the adoption of higher-level automated driving systems (ADS) in the US long-haul trucking industry.Read More

USDOT report shows autonomous trucks will only lead to minimal layoffs in the sector | Traffic Technology Today

The DOJ is investigating whether Visa unlawfully curbed merchants' capacity to route debit-card transactions over less-expensive networks.

Visa says the DOJ plans to probe its debit card business, shares fall 6%

Google plans to invest more than $7 billion into opening new offices and expanding data centers across the country and creating at least 10,000 new full-time Google jobs in the U.S. this year. 

Google to invest $7 billion in office space, create 10,000 new full-time jobs | Fox Business

Get a first-hand look at the new normal for moviegoing -- from COVID-19 protocols to new rules around concessions.

Movie Theaters' COVID-Safe Rules and Regulations - Variety


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