☕️ What happened to Starbucks?
Plus: Amazon completes its acquisition of MGM, Most Medical Debts to Be Removed From Consumers' Credit Reports, and more ...
What happened to Starbucks? How a progressive company lost its way. Starbucks's app has made the coffee giant healthier financially, but at a cost to its culture, cafés, and even its brand identity. (Clint Rainey / Fast Company)
Amazon completes its $8.5 billion acquisition of MGM. Amazon has closed its $8.5 billion acquisition of MGM, the company announced on Thursday. The completion of the transaction will see more than 4,000 films and 17,000 TV shows become a part of Prime Video, the online retailer's streaming service. (Aisha Malik / TechCrunch)
Most Medical Debts to Be Removed From Consumers' Credit Reports. The biggest credit-reporting firms will strip tens of billions of dollars in medical debt from consumers' credit reports, erasing a black mark that makes it harder for millions of Americans to borrow. (AnnaMaria Andriotis / Wall Street Journal)
A Zelensky Deepfake Was Quickly Defeated. The Next One Might Not Be. On March 2, the Ukraine government's Center for Strategic Communication warned that its enemies might be preparing a “ deepfake ” video that appeared to show president Volodymyr Zelensky announcing his surrender to Russia's invasion. (Tom Simonite / WIRED)
Mortgage Rates Top 4% for the First Time Since 2019. The era of ultralow mortgage rates is over. The average rate for a 30-year fixed mortgage topped 4% for the first time since May 2019, Freddie Mac said Thursday. (Orla McCaffrey via Wall Street Journal)
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