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AT&T’s Hollywood Ending Erased Billions in Value

The telecommunications giant is giving up its dreams of marrying content and distribution—one of the biggest about-faces in corporate deal history. Company plans to spin off HBO, CNN, Warner Bros. studio and other assets.

The Wall Street Journal |  | Fuente original

Retailers Try to Solve Labor Imbalances by Retraining Staff

Some companies are grooming their own data scientists after the pandemic accelerated the shift to e-commerce. Levi’s, for example, is offering a boot camp in coding and statistical analysis.

The Wall Street Journal |  | Fuente original

Natural Gas, America’s No. 1 Power Source, Already Has a New Challenger: Batteries

A decade after the fracking boom took off, the fuel faces disruption by a new combination on the electric grid: renewable energy and electricity storage.

The Wall Street Journal |  | Fuente original

Amazon, McDonald’s, Others Woo Scarce Hourly Workers With Higher Pay

Large U.S. employers of lower-wage workers are raising pay and adding perks, with Amazon set to add 75,000 employees and offer signing bonuses and McDonald’s boosting wages at company-owned restaurants.

The Wall Street Journal |  | Fuente original

Colonial Pipeline Said to Pay Ransom to Hackers Who Caused Shutdown

The operators of the fuel pipeline made the payment to regain control over their computer systems, say people familiar with the matter. The company is now resuming service.

The Wall Street Journal |  | Fuente original

Consumer Prices Jumped as Economic Recovery Picked Up

Consumer prices surged in April by the most in any 12-month period since 2008 as the recovery picked up. Rising demand and supply bottlenecks are raising inflation concerns.

The Wall Street Journal |  | Fuente original

Colonial Pipeline Restarts Operations After Cyberattack

The owner of the primary fuel conduit for the East Coast said it would take several days for deliveries to get back to normal.

The Wall Street Journal |  | Fuente original