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Reality television is a genre of television programming which presents purportedly unscripted dramatic or humorous situations, documents actual events, and features ordinary people instead of professional actors. Although the genre has existed in some form or another since the early years of television, the term reality television is most commonly used to describe programs produced since 2000. Documentaries and nonfictional programming such as the news and sports shows are usually not classified as reality shows.
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An earnings beat boosted Walmart’s market value by nearly $25 bln Thursday morning. Even more impressive, Jennifer Saba explains, is how the giant retailer is closing the gap with e-commerce rival Amazon in the productivity of its 2.3 million-strong workforce.
Market turmoil after Russia defaulted 20 years ago exposed the hedge fund’s excessive leverage, causing its collapse. Antony Currie and Rob Cox explain how the banks that bailed out LTCM forgot its lesson, copied its mistakes and set the stage for the 2008 crisis.
Donald Trump’s doubling of levies on imports of Turkish steel and aluminum have shaken the country’s markets. Gina Chon tells Tom Buerkle the move is also causing unease in Congress, and should prompt lawmakers to consider reining in the president’s trade powers.
Tesla’s CEO revealed in a blog post that the Saudis want to finance a buyout. But Jennifer Saba and Antony Currie explain he hasn’t quelled concerns about how he has handled developments. Shareholder lawsuits and an SEC probe will add to the pressure he’s under.
The movement against sexual harassment has finally spread to China, despite censorship and cultural barriers. New, high-profile allegations target executives in tech and media. Katrina Hamlin and Pete Sweeney discuss how far the campaign might go.
Rite Aid and Albertsons called off their tie-up after shareholders revolted. Sinclair falling foul of watchdogs prompted Tribune to nix a sale. Antony Currie and Lauren Silva Laughlin explain how these are welcome pushbacks at the frothier end of a long dealmaking boom.
While investors are still trying to figure out if Elon Musk’s buyout by tweet of the electric-car maker is for real, Antony Currie tells Tom Buerkle that financing shouldn’t be a problem — and that the loss-making company is better off out of the public market.
Apple, Facebook and YouTube pulled the conspiracy monger’s media arm off their platforms. The tech giants are increasingly caught in the crosshairs of free speech and fake news. Rob Cox and Jen Saba discuss why it’s the courts, not Silicon Valley, that will deal with the bile.
PepsiCo’s boss is leaving after 12 years, many of which were spent defending the company’s strategy of diversification. Lauren Silva Laughlin says her successor may be forced to do the same.
Is Google coming back to China, ready to cooperate on censorship? Pete Sweeney and Peter Thal Larsen talk about the upsides and the risks, and what it means for Chinese competitors like Baidu and Alibaba.