WFAN parent Audacy has filed for bankruptcy protection amid a slump in advertising revenue. The Philadelphia-based company, which oversees major podcast and radio operations and has acquired CBS Radio, said it has filed a Chapter 11 petition in the US Bankruptcy Court for the Southern District of Texas after a restructuring agreement with a majority of its debtholders….
The brand new rocket, United Launch Alliance’s Vulcan Centaur, lifts off from Space Launch Complex 41d at Cape Canaveral Space Force Station in Cape Canaveral, Florida, on Jan. 8, 2024, for its maiden voyage, carrying Astrobotic’s Peregrine Lunar Lander. Chandan Khanna | AFP | Getty Images A new U.S. rocket reached orbit early Monday, and…
Apple unveils mixed reality headset Why Apple’s new mixed reality headset is making a splash 04:33 Apple’s Vision Pro headsets, first announced last June, will be available in the U.S. early next month, the company said Monday. Customers can pre-order the headsets beginning Friday, January 19, for pick delivery or pick up on February 2. …
Boeing shares fell 8% on Monday and erased nearly $13 billion in market value following the temporary grounding of some of its best-selling 737 MAX jets by the US aviation regulator. A piece of fuselage tore off an Alaska Airlines 737 MAX 9 jet on Friday following takeoff from Portland, Ore., forcing pilots to turn back. The Federal…
President Biden will not run for re-election during a tumultuous year that will see parts of the country suffer rolling blackouts, the release of an inhaled COVID vaccine and a boycott over driverless cars, a top JPMorgan Chase strategist predicted. Michael Cembalest, who heads the market and investment strategy unit in the Wall Street bank’s…
Founder and CEO of Nvidia Jensen Huang speaks during The New York Times annual DealBook Summit in New York City on Nov. 29, 2023. Michael M. Santiago | Getty Images Nvidia found itself at the center of the artificial intelligence boom last year as its expensive server graphics processors, including the H100, became essential for…
Updated Jan. 8, 2024 11:17 am ET Travelers on Monday faced heavy flight cancellations by United and Alaska airlines, one of several ripple effects from the weekend grounding of the Boeing 737 MAX 9. United Airlines canceled more than 220 flights, or 8% of flights, Monday, according to flight tracker FlightAware. Alaska Airlines canceled about…
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Norby Walters, a booking agent for some of the country’s top disco, R&B, funk and hip-hop artists whose aggressive leap in the 1980s into signing college athletes to secret contracts before they turned pro led to legal problems, died on Dec. 10 in Burbank, Calif. He was 91. His son Gary confirmed the death, at…
Apple shares are off to their worst-ever start to begin a year as investors fret over a series of issues plaguing the tech giant – including signs of weak iPhone demand and mounting federal antitrust scrutiny. The Cupertino, Calif.-based company’s valuation plummeted by $177 billion in market value through last Friday since the start of…
