News and Updates from 5WPR CEO Ronn Torossian

Category: In the News

Toys R Us Files Bankruptcy in Bid to Survive

Toys R Us files bankruptcy

Toys R Us has a load of debt. Serious debt. The kind of debt that forces you to make $400 million in interest payments alone every year. And that has the toy company seeking bankruptcy protection.

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Motel 6 Facing Barrage of Criticism Over Response

Motel 6

Motel 6 isn’t often in the national spotlight. The discount motel chain offers inexpensive rooms to travelers who are looking for a comfortable stay with few thrills. Now, though, Motel 6 is in the news for entirely different reasons.

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London’s Uber Rival Gets The Boot

London’s Uber rival gets the boot

Ride sharing service Uber has faced tough challenges everywhere it has pioneered. Local governments and taxi unions have slammed the company, tried to block it and fought Uber in court. Sometimes Uber won. Sometimes they lost. Sometimes they just kept operating anyway. Now, though, it seems like ride-sharing was winning, by popular demand if nothing else. Uber and Lyft had blazed the trail and taken the proverbial bullets. Now the market had shifted. At least, that’s how things looked. But that may not be the case.

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Penn State Fraternity Gets a Small Win But Trouble Not Over

Penn State Fraternity

Several members of a Penn State University fraternity have been in hot water in recent months, the subjects of an investigation into the alcohol-related hazing death of a pledge. Now, though, there is a bit of breathing room for the 12 accused college students. A judge tossed out the involuntary manslaughter and aggravated assault charges.

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Big Pharma on the Hook to Solve “Opioid Epidemic”

Big Pharma on the hook to solve “opioid epidemic”

One of the most universally reviled Super Bowl commercials in recent years is not one that’s typically discussed. Sure, most of us spent too much time trying to get Puppy-Monkey-Baby out of our heads, but that’s not the one to which we refer. No, this one had the power to bring the entire big game party to a screeching halt with only three words: opioid induced constipation.

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Twitter Attacked for Hate Speech

Twitter attacked for hate speech

One of the most common knocks against powerhouse, Twitter, is the tone of the “conversations” on the app. People can get way out of line. Twitter has cost people jobs, careers, relationships … and, some have said, even more. The company has vowed to go after those who use the platform for hate speech, terrorism, and a host of other angry content.

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Tesla Flooded with Model 3 Reservations

Tesla flooded with Model 3 reservations

Not that long ago the critics insisted Tesla could never make a fully-electric car that was affordable for the middle class … and still good looking and enjoyable to drive. Now, those critics are silent, as Elon Musk’s company is taking orders for more than 1,800 Model 3 cars every single day.

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Microsoft Looking to Deliver Broadband to Rural America

Microsoft looking to deliver broadband to rural America

In the race for digital technology supremacy, one question has remained stubbornly elusive: who will achieve rural broadband first? While it’s true that some places can get decent speed internet and cable service through satellite providers, the fact is the United States is behind many developed countries in delivering high-speed services to all its citizens.

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With Sony Investment, Vinyl is Officially “Back”

With Sony investment, vinyl is officially “back”

With the advent of digital music, many in the biz scoffed. Those iPod things were just a fad, another Steve Jobs gimmick that would fizzle out. They, as we all know, turned out to be very, very wrong. But now music has come even further than that. Ask any 20-something you know, and you will find they don’t even download tunes anymore. They’re subscribed to a service that builds playlists based on preferences.

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