Daniel Loeb: Third Point Activist Investor Pressures Disney to Change

Like many of us, The Walt Disney Co. has had one heck of a 2020. What should have been a victory lap as the company enhanced its newly launched and popular Disney+ streaming service to complement its already strong positions in theme parks, sports and entertainment franchises turned into a nightmare as COVID-19 froze many … Continue reading Daniel Loeb: Third Point Activist Investor Pressures Disney to Change

Verizon Says Goodbye to Ringback and Ringtones

What happened to the Verizon ringback tone? As if Millennials needed another reminder of our own aging, Verizon has announced full discontinuation of ringback tones and ringtones. The iconic tones shaped so many of us who were coming of age in the early to mid 2000's. The decision: what song do I want to play … Continue reading Verizon Says Goodbye to Ringback and Ringtones

What Happened to Stein Mart? The Rise and Fall of the Department Store Chain

Is Stein Mart Bankrupt? Stein Mart, the storied chain that began in 1908 with a first location in Greenville, Mississippi by Russian Jewish immigrant Sam Stein, recently filed for Chapter 11 bankruptcy due to the COVID-19 pandemic back on August 12, 2020. All 281 stores across 30 U.S. states will be liquidated. We will examine … Continue reading What Happened to Stein Mart? The Rise and Fall of the Department Store Chain