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Michelle Chapman

Michelle Chapman

Fortune

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WWE and UFC owner is buying IMG, Professional Bull Riders and On Location for $3.25 billion

The sale to parent company TKO is part of Endeavor’s efforts to shed some of its assets as it looks to be taken private in a transaction with...

25.10.2024 10

Fortune

Michelle Chapman

Disney just announced a timeline to replace CEO Bob Iger and it sent shares sliding

By naming Disney's next CEO in 2026, it "will allow ample time for a successful transition before the conclusion of Bob Iger’s contract in...

21.10.2024 9

Fortune

Michelle Chapman

United Airlines is planning its biggest international expansion ever

United Airlines is adding eight new international destinations to its itinerary for next summer as well as new routes.

11.10.2024 4

Fortune

Michelle Chapman

GM’s Cruise hit with fine and consent order for crash that led to suspension of driverless rides

General Motors’ Cruise autonomous vehicle division will pay a $1.5 million penalty after the unit failed to fully report a crash involving a...

30.09.2024 9

Fortune

Michelle Chapman

AT&T is selling its majority DirecTV stake to private equity firm TPG Partners for $7.6 billion

The move ends the communication giant's remaining ties to the entertainment industry.

30.09.2024 8

Fortune

Michelle Chapman

Steelworkers union loses arbitration case against US Steel in their bid to stop sale to Nippon

The union has previously stated that it doesn't believe Nippon fully understands its commitment to steelworkers.

26.09.2024 10

Fortune

Michelle Chapman

Verizon is buying Frontier Communications in $20 billion deal to strengthen its fiber network

Verizon Communications said Thursday that the transaction will also help it in the areas of artificial intelligence and the Internet of Things.

05.09.2024 8

Fortune

Michelle Chapman

Billionaire Carl Icahn and company fined $2 million over secret personal loans secured with company stock

Between 2018 and the present, Icahn pledged approximately as much as 82% of Icahn Enterprises' outstanding securities as collateral to secure personal...

19.08.2024 6

Fortune

Michelle Chapman

New Starbucks CEO Brian Niccol is getting a bonkers pay package—and he doesn’t have to move to Seattle to get it

Niccol will take over for Laxman Narasimhan, who lasted a little more than a year as Starbucks' CEO.

15.08.2024 6

Fortune

Michelle Chapman

Disney has finally turned a profit on streaming—just as its parks business slumps

Sports are a winner, but inflation means less spending in Disney's parks.

07.08.2024 3

Fortune

Michelle Chapman

Hyundai and Kia cars targeted by TikTok thieves see theft rates drop by over half after software updates

Theft rates of the affected automobiles soared after thieves discovered that certain car models lacked engine immobilizers, an anti-theft technology...

07.08.2024 7

Fortune

Michelle Chapman

Delta CEO says the CrowdStrike outage cost the airline $500 million and ‘tens of millions of dollars per day in compensation’

Delta was by far the hardest hit hard by the CrowdStrike outage, having to cancel thousands of flights.

31.07.2024 7

Fortune

Michelle Chapman

Tesla is recalling over 1.8 million vehicles because the hood can open while the car is moving

Elon Musk's Tesla is recalling some 2021-2024 Model 3, Model S, Model X, and 2020-2024 Model Y vehicles because the hood latch assembly may fail to...

30.07.2024 50

Fortune

Michelle Chapman

Michael Bloomberg’s charity just donated $1 billion to John’s Hopkins University, covering full tuition for most medical students

The gift will cover full tuition for medical students from families earning less than $300,000.

08.07.2024 10

Fortune

Michelle Chapman

Boeing sanctioned by U.S. after it ‘blatantly violated’ signed agreement by sharing information about 737 Max 9 investigation

The NTSB said that a Boeing executive provided non-public investigative information to the media about the Alaska Airlines incident that the agency...

27.06.2024 10

Fortune

Michelle Chapman

U.S. Surgeon General wants Congress to put warning labels on social media just like cigarettes

Dr. Vivek Murthy said that the use of just a warning label wouldn't make social media safe for young people, but would be a part of the steps needed.

17.06.2024 10

Fortune

Michelle Chapman

U.S. Surgeon General wants Congress to put warning labels on social media just like cigarettes

Dr. Vivek Murthy said that the use of just a warning label wouldn't make social media safe for young people, but would be a part of the steps needed.

17.06.2024 9

Fortune

Michelle Chapman

Roaring Kitty's apparent $116 million bet on GameStop is behind meme resurgence

Keith Gill, better known as "Roaring Kitty," returned from a three-year online hiatus to post what could be a multimillion bet on the retailer.

04.06.2024 10

Fortune

Michelle Chapman

Tesla’s recall headaches continue—this time with seat belt warning concerns for over 125,000 vehicles

Potential malfunctions with the warning system, meant to alert drivers their seatbelt is unfastened, could increase the risk of injuries.

31.05.2024 40

Fortune

Michelle Chapman

Trump's media company stock sinks in the wake of fraud verdict

The stock, which trades under the ticket symbol “DJT,” has been extraordinarily volatile since its debut in late March.

31.05.2024 30

Fortune

Michelle Chapman

Melinda French Gates says she will donate $1bn over the next 2 years on behalf of women and families

French Gates earlier this month announced she would step down from the Bill & Melinda Gates Foundation, and vowed to focus on women and families.

28.05.2024 40

Fortune

Michelle Chapman

T-Mobile will buy almost all of U.S Cellular in $4.4 billion deal

T-Mobile said Tuesday that U.S. Cellular customers will gain access to its 5G network, giving them better coverage and speed.

28.05.2024 20

Fortune

Michelle Chapman

No 'Fed Speak' from Jerome Powell on remote work: Chair is working from home

The Federal Reserve Chair is sick, said a spokesperson.

18.05.2024 10

Fortune

Michelle Chapman

TikTok commits to labeling AI-generated content to combat misinformation that 'can confuse or mislead'

TikTok will begin labeling AI-created content uploaded from outside its platform. Meta and YouTube say AI labels are coming soon.

09.05.2024 50

Fortune

Michelle Chapman

Postal Service dumps FedEx for UPS as primary air cargo carrier as it looks to slash $3 billion in costs

FedEx said on its last quarterly call that it had provided services to USPS for over two decades and the two sides were still in negotiations.

01.04.2024 8

Fortune

Michelle Chapman

Home Depot’s largest acquisition ever is an $18.25 billion bet on the housing market’s severe shortage of new homes

The acquisition target, SRS Distribution, provides materials for professionals like roofers, landscapers and pool contractors.

28.03.2024 30

Fortune

Michelle Chapman

AT&T says hourslong outage to its U.S. cellphone network was caused by bad coding—not a cyberattack

AT&T blamed the incident on an error in coding, without elaborating.

23.02.2024 40

Fortune

Michelle Chapman

Tens of thousands lose cellular coverage from AT&T, Verizon, T-Mobile and more

“Some of our customers are experiencing wireless service interruptions this morning,” AT&T said in a statement.

22.02.2024 10

Fortune

Michelle Chapman

Songs by Taylor Swift, Drake, Adele and more get yanked off TikTok after licensing deal lapses with Universal

“Ultimately TikTok is trying to build a music-based business, without paying fair value for the music,” Universal Music Group said.

31.01.2024 20

Fortune

Michelle Chapman

Dwayne Johnson will finally own the rights to ‘The Rock’ nickname after deal with WWE owner

Johnson will also join the board of TKO Group, the sports and entertainment company that houses WWE and UFC.

23.01.2024 10

Fortune

Michelle Chapman

Sheryl Sandberg says it's the right time for her to leave Meta because Mark Zuckerberg has it 'strong and well-positioned for the future'

Sandberg served as COO of Facebook, and then Meta, for 14 and a half years and as a board member for 12 years.

18.01.2024 5

Fortune

Michelle Chapman

Wells Fargo employees jump on union gains across the U.S. by voting to unionize in historic first

The workers say they are understaffed, underpaid, and mismanaged.

21.12.2023 5

Fortune

Michelle Chapman

U.S. Steel agrees to sell to Japan's Nippon Steel for $55 per share in $14 billion all-cash mega-merger with all union contracts to be upheld

Valued at approximately $14.1 billion in cash, the transaction is worth about $14.9 billion when including the assumption of debt.

18.12.2023 10

Fortune

Michelle Chapman

Choice Hotels launches $8bn hostile takeover bid for bigger rival Wyndham after being rebuffed repeatedly

Choice has said that it went public with the bid after six months of negotiations broke down.

12.12.2023 30

Fortune

Michelle Chapman

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