Hollywood studios to resume negotiations
Negotiations to resolve the strike within the actors’ union concluded less than a fortnight ago, leaving both parties still considerably distant in their positions. Less than two weeks after negotiations…
Airport lounges are booming
Travelers are increasingly seeking refuge in airport lounges, enticed by the prospect of complimentary food, drinks, and, notably, a respite from the bustling crowds at the gate. However, this demand…
UAW pushes Detroit automakers for better offer
On October 20, United Auto Workers (UAW) President Shawn Fain issued a warning about potential walkouts at U.S. truck and SUV factories unless the Detroit Three automakers made improved wage…
Spirit Airlines cancels dozens of flights for ‘essential’ inspections
On Friday, Spirit Airlines made the decision to cancel numerous flights in order to conduct a “necessary” inspection of a specific section of 25 planes. The budget airline explained that…
10-year Treasury yields peak
On Friday, the stock market experienced a decline, largely triggered by a significant increase in the 10-year Treasury yield, which raised concerns about the state of the economy. The S&P…
Deutsche Bank approves $75 million settlement
On Friday, Deutsche Bank received final approval from a US judge for a $75 million settlement it had reached with victims of Jeffrey Epstein, who had accused the German company…
Xbox Finally Owns Activision
Now that the deal is finalized , what lies ahead for Activision Blizzard King under the guidance of Xbox’s leadership? After two years of economic and legal negotiations, Microsoft and…
Netflix CFO Says…
Netflix (NFLX) has expressed confidence in its potential for further growth in operating margins , driven by various initiatives, including efforts to curb password sharing, introducing a more affordable ad-supported…
Disney gives investors a look at ESPN finances
Disney’s recent business reorganization is offering investors a rare glimpse into ESPN’s financials, revealing that the sports network’s revenue has been on a declining trend in recent quarters. This insight…
Netflix raises prices and adds subscribers, despite strikes
On October 18, Netflix (NFLX.O) implemented price hikes for select streaming plans in the United States, Britain, and France. This decision came as Netflix exceeded expectations for new subscribers, resulting…