The New Paper

June 4, 2021

The New Paper Weekly Recap: Business

  • Paramount's "A Quiet Place Part II" opened with ~$59M at the box office, the biggest opening for a film since the start of the pandemic (6/1)
  • A cyberattack targeting JBS, the world’s largest meat supplier (6/2)
  • The Supreme Court rejected an appeal from J&J seeking to overturn a verdict in favor of women who say they developed ovarian cancer from J&J talc products (6/2)
  • Twitter launched a local weather news service called “Tomorrow” (6/2)
  • Warner Bros. Discovery will be the name of the combined entity in the merger between AT&T’s WarnerMedia division and Discovery (6/2)
  • AMC, Blackberry, and other “meme stocks” surged this week (6/3)
  • Etsy announced the acquisition of Depop, a UK-based thrifting app (6/3)
  • Fortune released its annual list of the 500 largest US companies (6/3)
  • The EU and UK launched formal antitrust investigations into Facebook (6/4)
  • Twitter launched its first paid subscription offering called “Twitter Blue” (6/4)
  • United Airlines agreed to purchase 15 supersonic jets from Boom (6/4)
This story is from the June 4, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.