Ahead of its second quarter 2022 results yesterday, movie theater chain and meme stock AMC announced that it will issue a new class of preferred stock as a dividend to existing AMC shareholders. The announcement of the new preferred stock, ticker symbol APE, sent AMC shares lower in the pre-market this morning. Here’s what you…

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The tech world is about to lose another independent hardware company with Amazon’s planned acquisition of iRobot, whose Roombas pioneered the robot vacuum business two decades ago. The deal is valued at $1.7 billion, and co-founder Colin Angle will retain his role as CEO of iRobot within Amazon. Neither company has said much about the…

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Data is as good as gold these days, and Americans are creating far more than they realize. For example, during 2020, it is estimated that the typical person created 1.7 megabytes of data every second of every day. It’s also incredibly valuable, and many companies are willing to spend billions to get their hands on…

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While the climate, tax and health care package, now known as the Inflation Reduction Act of 2022, has made its way closer to passage than thought possible at any time in its 18-month existence, as the House Both the U.S. Commerce Department and the Business Roundtable — a group of nearly 200 CEOs from companies…

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If you’re like me, you have Amazon Fire TV sticks all over the house. These little gizmos support a wide range of streaming services and are often offered at discounted prices, making picking one up a no-brainer. And while it’s easy to get started with the Fire TV interface, these helpful tips, shortcuts, and quality-of-life…

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Elon Musk, as you probably know by now, backed out of his $44 billion bid to buy Twitter in July, to the delight of corporate litigants everywhere. Days after Musk’s announced withdrawal, the social media company filed a lawsuit against Musk to force him to complete the acquisition. And now this week, Musk filed a…

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Two years after the big office shutdown, so to speak, remote work is growing rapidly. And with it comes the opportunity to choose a home not because it’s near your office, but because it’s somewhere you they want to live—like on the beach, for example, where it’s sunny year-round, winter is just a dream, and…

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Despite being drowned in a metaphorical flood, the Internal Revenue Service (IRS) isn’t heeding calls to build a metaphorical coffers—and taxpayers are paying a real price. That’s according to Erin M. Collins, the National Taxpayer Advocate, who said in a memo Tuesday that she was formally appealing a decision by the IRS to deny timely…

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Last week, Congress showed it still had a few surprises up its sleeve for the current session. In a shocking twist, Senate Majority Leader Chuck Schumer and Senator Joe Manchin announced they had reached an agreement on the Inflation Reduction Act, a scaled-down version of Build the best plan again that would address everything from…

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I’ve tried my fair share of adjacent mental health and wellness apps. First, there were Calm and Headspace, the obvious contenders. Next was Fabulous, which aims to help you build better habits, then Thought Journal, which prompts you to jot down your thoughts and feelings at a specific time each day. For two weeks of…

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