Business Briefs: Apply Pay, New TV, Reynolds Wrap

Posted: Updated:
NEW YORK -

Apple Pay is the best way to exchange mobile payments, according to a new Consumer Reports ranking. It beat out competition like Venmo, cash and Facebook's Messenger. The ranking is based on factors like security, privacy and customer support.

The Hollywood Reporter has details on the upcoming streaming service New TV. The project, led by media executive Jeffrey Katzenberg, has raised more than $1 billion and is backed by all the major studios. New TV will stream original content in short 10-minute blocks and plans to launch next year.

Reynolds Wrap is holding a competition for its first chief grilling officer. The winner gets to travel for two weeks sampling the best barbecue in the country, as well as $10,000.

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