Month: May 2021

This year’s annual spring ritual known as the upfront, in which advertisers commit to buying commercials for fall programming, is expected to bounce back from a tepid 2020 and show more ad dollars migrating to streaming platforms.

Revenue for the quarter rose to $1.26 billion, up from $524.6 million a year earlier, as demand for remote workout classes and at-home fitness gear continues to surge during the pandemic.

The vaccine brought Moderna revenue of $1.73 billion in the first quarter, but the prospect of a temporary loss of vaccine patents clouds investors’ outlook.

The sports-media outlet is no longer in discussions with news publisher Axios, people familiar with the matter said, but it is still pursuing a tie-up deal and sees the Times as a top contender.

The video-sharing service has provided limited information on its call to suspend the former president and has said it is continuing to monitor the threat of violence in the wake of the Capitol riot by his supporters.

Spicy chicken sandwiches, hot wings and a labor crunch push poultry prices to records. Some restaurants are running out of or limiting sales of tenders, filets and wings, cutting into some of their most reliable sales.

The independent panel ruled that the social-media company was justified in banning Donald Trump’s account after the U.S. Capitol riot, but in coming months Facebook must decide whether the former president is permanently locked out of the platform.

The exercise-equipment maker’s decision came after the company had refused to comply with federal regulators who pushed for the move weeks ago, saying the product was responsible for dozens of injuries and at least one death.

The Labor Department said it is nullifying a rule that sought to make it more difficult for a gig worker to be counted as an employee under federal law covered by federal minimum-wage and overtime regulations.