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Michael Bloomberg, the billionaire businessman and media mogul, is interested in acquiring either the Wall Street Journal parent company Dow Jones or the Washington Post, a source familiar with his thinking told Axios.
Why it matters: Bloomberg wants to expand his media empire and sees the Dow Jones as his ideal fit, but he would buy the Post if Jeff Bezos were interested in selling, the source said.
The combination of Bloomberg and Dow Jones would create an unparalleled business news behemoth.
Details: Bloomberg, the source notes, would be interested in a potential acquisition of either property,…
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How much inflation has increased Christmas, holiday dinner food prices
Loading up on egg nog, cookies and other holiday favorites is going to cost more this year.
While inflation is starting to slow down, food prices are still far above where they were during the 2021 holiday season. Grocery prices in November were up 12% year-over-year, according to data from the Bureau of Labor Statistics.
“There’s just been that upwelling of prices across the board,” said Michael Swanson, lead economist for Wells Fargo. “So it’s going to be more expensive, but there are some bright spots that are developing for some of the more festive foods.”
How much has the…
Wichita Northrock Business Park is fully leased for the first time
For the first time in its almost 40-year history, the Northrock Business Park’s 300,000 square feet of office space is completely leased.
Courtesy photo
At a time when there are plenty of not-so-happy business stories to go around, it’s perhaps worthy to stop and recognize a positive one.
For the first time in its almost 40-year history, the Northrock Business Park at K-96 and North Rock Road is completely leased. That’s 300,000 square feet over 18 buildings.
“So it’s not a small property,” said Ross Way of Anderson Management.
“Business has been so good that we are full.”
Way said…
BCBS names Jenni Bradley to head strategy, planning and more Chattanooga-area career moves
BCBS names Bradley to head strategy, planning
BlueCross BlueShield of Tennessee has promoted Jenni Bradley to director of strategy and planning in the provider network management division, according to a news release.
Bradley will oversee teams responsible for developing and maintaining relationships that support BlueCross provider networks in providing high-quality care to members. She’ll also work on contracting efforts and coordinated strategies that encourage evidence-based treatment in practices and healthcare facilities across the state, the release stated.
“We’re excited to have Jenni leading development and support of innovation concepts that enhance how we work with providers on behalf of our…
Frontier Airlines won’t take your calls, plus more business news
Here’s a look at the week’s top business and consumer news, putting a spotlight on the economy. Let’s start with some controversial business decisions:
Frontier Airlines no longer has a customer service phone line
Customers who need flight information or want to make changes to travel plans can no longer call Frontier Airlines and speak to an agent, the company confirmed to CNN this weekend. The ultra low-cost airline said it has transitioned to fully digital communications. Customers seeking help or information from the carrier must deal with an online chatbot, social media channels or WhatsApp. Those who need to…
North Carolinians like to do their early holiday shopping online, new poll finds
More North Carolinians prefer doing their Thanksgiving holiday shopping online than in person, according to a High Point University Poll released this week.
The poll involved 1,015 respondents and was done between Nov. 10 and Nov. 17.
When asked specifically about shopping on Black Friday, 28% said they would, 52% said they would skip it and 19% were unsure.
By comparison, when asked about Cyber Monday shopping, 44% said they would, 30% said they would not and 26% said they were unsure.
When asked about choosing between the two, more poll respondents said they would be shopping Cyber Monday at…
Tribal Business News Round Up: Nov. 21
Supreme Court of the United States. (Photo by Ian Hutchinson on Unsplash)
This week in Tribal Business News, Native attorneys weigh on the historic lack of Indigenous voices as the Supreme Court hears oral arguments in the Brackeen case, three Michigan tribes partner on a construction and real estate joint venture; and a gaming expert reflects on California’s recent vote in favor of sovereignty in tribal gaming.
SOVEREIGNTY IN THE BALANCE: Lack of Native voices, little familiarity with ICWA law on display in Brackeen caseIn a federal case that many advocates in Indian Country consider to be the most significant…
Lubbock business news includes holidays, health, more
Alana Edgin is a business reporter for the Avalanche-Journal, as seen Tuesday, June 14, 2022, at the Lubbock Avalanche-Journal.
Hello AJ readers!
The holidays are upon us, which means holiday stories will lead the business section for a while. This week, we shared where you can get holiday meals with low effort, pet safety tips for the holidays, and where you can get your pet the purr-fect holiday gift.
This week’s business openings include a second location for Vitality Bowls, a first location for Marco’s Pizza and the opening of La Placita. Dillards also announced a plan to replace their…