Stacey Abrams Concedes In Georgia Governor Race, Blames Voter Suppression

Democrat Stacey Abrams on Friday ended her efforts to become Georgia’s next governor, but used her final speech on the contest to bitterly complain about voter suppression in the state. Abrams, who received heavy backing from Hollywood in her bid to become the nation’s first black female governor, detailed a litany of voter issues. She said citizens who tried to […]

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Coca-Cola CEO on coffee strategy: We're not going head to head with Starbucks

Coca-Cola President and CEO James Quincey speaks to CNBC’s Jim Cramer in a wide-ranging interview about the company’s global strategy. Coca-Cola’s $5.1 billion acquisition of coffee chain Costa wasn’t intended to compete directly with Starbucks, Quincey says. The CEO also opines on the burgeoning cannabis industry and what it would take for Coca-Cola to get involved. Coca-Cola’s $5.1 billion acquisition […]

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The Satanic Temple says it's 'finalizing an amicable settlement' with Warner Bros. to its lawsuit over the goat-headed statue in Netflix's 'Sabrina' reboot

On Friday, a spokesperson for The Satanic Temple told Business Insider that it was in the “process of finalizing an amicable settlement with Warner Bros. now” in its lawsuit over the Netflix “Sabrina” reboot. The Temple sued Warner Bros. and Netflix for $50 million earlier this month, claiming that “Chilling Adventures of Sabrina” copied its statue of the goat-headed deity, […]

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Google is getting a new cloud boss, and he's inheriting some problems in the cloud wars with Amazon and Microsoft — but also real opportunity

Google Cloud is getting a new boss in the form of Thomas Kurian, formerly of Oracle. From his predecessor Diane Greene, Kurian will inherit a third-place position in the cloud wars with Amazon and Microsoft. Google Cloud is doing well on its own terms, signing some big customers and building its technology. But Google has big expectations for Google Cloud, […]

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Pfizer to raise drug prices in January; claims insurance can offset the cost

  The prices of some of your medicines are about to go up.  Pfizer said on Friday that it will be raising the prices of 41 drugs, or 10 percent of its product portfolio, in January.  The pharmacy giant indicated in a release that the increase for most of the affected drugs would be 5 percent, though three products will see a 3 percent rise, […]

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Why Jeff Bezos Is Saying Amazon Will Ultimately Fail

Jeff Bezos, the mastermind behind Amazon.com Inc.’s (AMZN) “everything store,” told employees last week that the company will one day fail, according to an internal meeting heard by CNBC.  Lifespan of Large Companies About 30+ Years, Says Bezos At an all-hands meeting last Thursday in Seattle, an employee asked Bezos what lessons he had learned from the recent bankruptcies of Sears and other […]

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