Photo: Chesnot/Getty ImagesMichael 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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Oak Court Mall in East Memphis to be put up for auction
Oak Court Mall empty sits Thursday, April 2, 2020, in Memphis.Oak Court Mall will be going up for auction at the end of the year, according to a foreclosure notice dated Dec. 6.
The mall, located at 4465 Poplar Ave., has struggled to attract and retain tenants in recent years and the owner, Washington Prime Group, filed for bankruptcy last year. The Ohio-based company struggled significantly during the early stages of the pandemic, losing $133.9 million in the first nine months of 2020.
Originally opened in 1988, Oak Court Mall is anchored by Macy’s and Dillard’s. The property started…
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 lineCustomers 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…
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…
Consumer Reports ranking for the most reliable cars of 2023 are in. Here are the winners.
Turns out hybrid cars offer more than just a way to save money at the pump. They’re also the most reliable vehicle category of 2023, according to a recent report.
Consumer Reports, a nonprofit research and consumer advocacy organization, on Tuesday released rankings for the most reliable vehicle types, brands and models based on information from car owners on more than 300,000 vehicles. Predictions for 2023 models are based on overall reliability for the past three model years.
Hybrid cars and midsize and large sedans were found to be among the most reliable vehicles based on models from 2000 to…
Lubbock business news includes openings, Metro Tower, gelato
Hello AJ readers!
This week, we served a sweet story on a family’s upcoming business, which will include gelato. D’lish hopes to open in December, but allowed us a look behind the scenes of how the shop began, and what they will sell.
“I’m just excited to see it all come together,” said Amy Hayes, owner. “I want everyone to try this out.”
Related:D’lish: Lubbock family continues sweet traditions with upcoming gelato shop
We also got an in-depth look at what is going on in Metro Tower and the history behind the tallest building in Lubbock. It has had two…
How to Choose: Will v. Trust
Depending on your situation, assets, stage in life and more, you might need a trust, a will, or both. We can help explain the differences between the documents.
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Wills and trusts are very different estate planning documents and either can be the right choice, depending on your circumstances. While they both provide instructions for distributing assets following death, a trust is generally a much more detailed document.
One of the main…