Nearly 1,500: That’s the number of all-electric trucks that the big European logistics company DB Schenker has pre-ordered from Volta Trucks. Why it matters: It’s the largest pre-order for electric trucks in Europe to date, the companies said. However, a “pre-order” is not a synonym for the purchase of Volta’s

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The verdict is in on Cyber Monday — the biggest online shopping day of the year — and consumers rendered a split decision. Spending for the day slid 1.4% versus 2020, according to the Adobe Digital Economy Index, as shoppers clicked less, but overall spending is up. Why it matters:

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Edgewell, the Connecticut-based maker of Schick razors, acquired DTC women’s razor maker Billie for $310 million in cash. Why it matters: This is the final move of an antitrust chess match in which Billie was a pawn. Backstory: Billie agreed in early 2020 to be acquired by Gillette owner Procter

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Sing it with me one more time: Elliott Management gets what Elliott Management wants. Driving the news: Jack Dorsey yesterday stepped down as CEO of Twitter, nearly two years after the activist investor began pushing for his ouster. His replacement will be longtime CTO Parag Agrawal. Dorsey didn’t mention Elliott

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NBC News next Monday will debut a new show for its NBC News Now streaming service called, “NOW Tonight with Joshua Johnson,” starring the former MSNBC anchor who will now work for the streaming service full-time. Why it matters: It’s the seventh recurring program NBC News has launched for its

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Vox Media has inked a deal with WNYC, a member station of NPR, to distribute its flagship podcast “Today, Explained” to public radio stations across the country beginning next year. It’s also poached Noel King, co-host of NPR’s flagship show “Morning Edition,” as editorial director and co-host of “Today Explained”

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Here’s a staggering stat: Americans’ use of “buy now, pay later” options increased 438% between November 2019 and November 2021, according to an Adobe analysis reported by Retail Dive. Why it matters: This is one of the biggest new trends in shopping right now. People are getting more and more

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Digital media companies considering going public are watching BuzzFeed’s expected stock market debut next week to see how investors will respond. Why it matters: A slowdown in SPACs (special purpose acquisition companies) earlier this year pushed some digital media companies that were considering going public via SPAC IPOs away from

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Every member of the Wirecutter Union will be eligible to receive overtime pay from union organizers for the hours they missed working overtime during the union’s Black Friday holiday strike, thanks to an outpouring of donations to support the union’s walkout. State of play: The Wirecutter union held a five-day

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The Bureau of Economic Analysis released second-quarter GDP statistics just before Thanksgiving. You could be forgiven for having missed it — the report is normally just a minor revision to numbers that have already been released. This report, however, is worth a second look. Why it matters: The BEA calculates

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