Nexstar finalizes acquisition of Tegna’s TV stations, despite opposition
Nexstar Media Group has closed its deal to buy Tegna, despite opposition from some state attorneys general.
Category: Business
Bill Ford on the secret to American innovation | 60 Minutes
Bill Ford, descendant of Henry Ford and executive of one of the nation’s oldest automakers, says the secret American innovation goes beyond technology. It’s about building opportunities and community.
KC Star wins National Press Foundation award for local biz reporting
The Kansas City Star has won the National Press Foundation’s inaugural U. S. Chamber Award for Excellence in Local Business Reporting for its investigation into the Kansas City-based company CBD American Shaman. Business reporter David Hudnall tells the story of the man behind the company selling the opioid 7-OH in gas stations and smoke shops across the [.].
Former Nintendo of America President Doug Bowser joins Hasbro Board of Directors
Bowser stepped down as Nintendo of America president at the end of 2025 and will now lend his experience and guidance to Hasbro.
VIDEO REPORT: SmasHouse Burgers and Tacos opens at Lewiston mall
VIDEO REPORT: SmasHouse Burgers and Tacos opens at Lewiston mall
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Microsoft (MSFT) pushes back on report of lowering AI sales goals after missing them in FY25
A report suggested that Microsoft had missed its AI growth targets in its last fiscal year, with its stock slipping on the news.
Embracer divests Arc Games and Cryptic Studios, keeps Remnant franchise publishing rights
Project Golden Arc, group comprised of Arc Games management, will acquire Arc, Cryptic Studios, and much of their IP in a deal valued at $30 million.
Deepika Padukone’s skin care brand 82°E revenue falls to Rs 14.7 crore, losses at Rs 12.26 crore
The skincare brand 82°E backed by Deepika Padukone has reported a sharp decline in revenue for FY25. According to the latest filings, revenue dropped to Rs. 14. 7 crore, down from Rs. 21. 2 crore in the previous year. On the bright side, the net loss has reduced significantly. While the company had posted a loss of Rs. 23. 4 crore in FY24, the shortfall narrowed to Rs. 12. 3 crore in FY25. Financial statements show that total expenditure in FY25 was Rs. 25. 9 crore a steep cut from Rs. 47. 1 crore a year earlier. Marketing spend, in particular, was drastically reduced to Rs. 4. 4 crore from nearly Rs. 20 crore in FY24. This suggests 82°E deliberately pulled back on customer-acquisition efforts after its previous heavy marketing push failed to translate into sustainable revenue. Despite having leveraged Deepika’s massive social-media presence with the actress sharing personal experiences while promoting products the brand could not avoid the downturn. 82°E positions itself as a “luxury” skincare brand, offering products priced between Rs 2, 500 and nearly Rs 4, 000 mid-premium range, but below the territory dominated by established luxury players such as Estée Lauder. In a fiercely competitive market where both emerging direct-to-consumer brands and longstanding luxury labels vie for customers 82°E now aims to cut costs further and ramp up sales efforts in a bid to return to profitability. The company has indicated as much in its latest filing. Also Read : Haq director Suparn Varma backs Deepika Padukone’s 8-hour workday demand: “It should not be news”.