Business

Writers picket in front of Netflix on Sunset Boulevard in Hollywood, California, as the Writers Guild of America goes on strike, May 2, 2023. Frederic J. Brown | Afp | Getty Images Hollywood producers have struck a tentative deal with film and TV directors, but that doesn’t mean we should expect sudden resolutions to the

In this article AAPL DIS Follow your favorite stocksCREATE FREE ACCOUNT Bob Iger, CEO, Disney at Apple program Source: Apple The Walt Disney Company has always been at the forefront of new storytelling technology. On Monday, it announced a new partnership with Apple to bring its streaming service Disney+ to the tech giant’s new augmented

Asbe | Istock | Getty Images Moderna‘s experimental cancer vaccine, used in combination with Merck‘s Keytruda, reduced the risk of the most deadly form of skin cancer spreading to other parts of the body in a clinical trial, according to the midstage trial results published on Monday. Moderna’s cancer vaccine reduced the risk of melanoma

People sit outdoors at the Petite Crevette Restaurant on June 05, 2021 in the Brooklyn borough of New York City. Robert Nickelsberg | Getty Images During the Great Recession, consumers hunted for bargains, trading down to cheaper restaurants or picking the least expensive menu options. But today, as inflation puts pressure on their wallets, consumers

Beer isn’t as much of a bargain as it used to be. Americans are drinking fewer brews, and the sector is steadily losing market share to spirits. Beer companies, faced with rising operating costs in areas like packaging and transportation, have raised prices and seen bigger profits, with consumers footing the bill. The price of beer

The Ohio Cup Trophy on top of a Bally Sports logo prior to a game between the Cincinnati Reds and Cleveland Guardians at Progressive Field in Cleveland, May 17, 2022. George Kubas | Diamond Images | Getty Images Diamond Sports, the owner of regional sports networks, was ordered this week by a bankruptcy judge to

In this article DD MMM Follow your favorite stocksCREATE FREE ACCOUNT Just outside of Bangor, Maine — the hometown of renowned horror author Stephen King — more than 500 students, faculty and staff arrive at Hermon High School each day.  But since November, they can no longer drink the water. All the fountains are taped

Worker labors on a production line at the factory of Qilu Pharmaceutical in Haikou, Hainan province of China, February 11, 2022. Su Bikun | VCG | Getty Images The U.S. Food and Drug Administration has authorized the temporary importation of an unapproved chemotherapy drug from China in effort to ease an acute shortage of cancer

A software and robotics machine called mGripAI from Massachusetts-based Soft Robotics sorts artifical pieces of chicken into trays for packaging at an automation conference held by the Association for Advancing Automation in Detroit. Michael Wayland / CNBC DETROIT — The automotive and logistics industries are no strangers to robots. They’re among the most heavily invested

West Coast ports are shutting down as union workers “no show” after a breakdown in negotiations with port management. The Port of Oakland was shut down Friday morning due to insufficient labor for terminal operations, a stoppage that is expected to last at least through Saturday. A source close to the situation told CNBC the

In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT Bed Bath & Beyond is expected to be dissolved after the failed retailer declared bankruptcy, but the company’s crown jewel — Buy Buy Baby — may live to see another day.  The baby gear retailer is drawing interest from at least two bidders as its

Francesco Riccardo Iacomino | Moment | Getty Images Persistent inflation and higher interest rates have strained many household budgets, and consumers are shying away from some purchases such as home improvement projects or apparel. But millions of U.S. consumers aren’t giving up their vacations. A Deloitte survey from last month found that 50% of respondents

In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing employees work on the company’s Starliner capsule in preparation for the first crew flight test, Jan. 19, 2023. John Grant / Boeing Boeing is further delaying the first crewed launch of its Starliner spacecraft after discovering additional issues with the capsule, the company announced

In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Chris Licht, Chairman and CEO of CNN Worldwide. Courtesy: CNN CNN CEO Chris Licht is about to get some help running his news network from a longtime close confidant of Warner Bros. Discovery chief executive officer David Zaslav. Licht has hired David Leavy as CNN’s

In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Walmart is swapping out plastic mailers for paper mailers that customers can recycle. Walmart BENTONVILLE, Ark. —‎‏ Shoppers who click the “buy” button on Walmart‘s website and pick up items curbside will soon spot a difference: new packaging. The nation’s largest retailer will roll out

In this article LCID Follow your favorite stocksCREATE FREE ACCOUNT In an aerial view, a sign is posted on the exterior of Lucid headquarters on March 29, 2023 in Newark, California. Electric vehicle maker Lucid announced plans to lay off 1,300 workers, 18 percent of its workforce, as part of a restructuring plan.  Justin Sullivan

In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT An American Airlines plane takes off from the Miami International Airport on May 02, 2023 in Miami, Florida.  Joe Raedle | Getty Images American Airlines raised its adjusted earnings outlook for the second quarter thanks to strong travel demand and lower fuel prices. Adjusted per-share

Travelers arrive for flights at O’Hare Airport on May 25, 2023 in Chicago, Illinois. Scott Olson | Getty Images Memorial Day air travel surpassed pre-Covid pandemic levels, showing how consumers continue to shell out for trips despite persistent inflation. The Transportation Security Administration screened 9.79 million people from Friday through Monday, up slightly from the

In this article NFLX 4755.T-JP WBD Follow your favorite stocksCREATE FREE ACCOUNT Scene from “Squid Game” by Netflix Source: Netflix The popularity of Netflix‘s hit drama “Squid Game” and other Korean series, as well as the recent success of films like “Minari” and “Everything Everywhere All At Once,” has helped boost the demand for Asian

In this article GS Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, CEO, Goldman Sachs, speaks during the Milken Institute Global Conference in Beverly Hills, California, April 29, 2019. Kyle Grillot | Bloomberg | Getty Images Goldman Sachs is preparing for its third round of layoffs since September as Wall Street firms adjust to a