In a time where the film industry is facing a content shortage and audiences are becoming more selective, Fathom Events is making waves with its record-breaking revenue and innovative content offerings. For over two decades, this joint venture between AMC, Regal, and Cinemark has been a pioneer in bringing alternative content to the big screen,
Art
Disney/Pixar’s Inside Out 2 has achieved a remarkable milestone by reaching the coveted $1 billion mark at the worldwide box office within just 19 days. This makes it the fastest animated movie ever to achieve this feat, surpassing the previous record held by Frozen 2, which reached $1 billion in 25 days. This accomplishment is
Dividend-paying stocks provide investors with an opportunity to strengthen their portfolios and increase overall returns. By choosing companies with a consistent track record of dividend payments and solid financials, investors can secure stable income streams while benefiting from capital appreciation. Wall Street’s top analysts have identified three dividend stocks that stand out as attractive options
Geely, a Chinese automaker listed on the Hong Kong stock exchange, has recently caught the attention of Morgan Stanley analysts who resumed coverage of the company with an overweight rating. Despite facing challenges in a competitive market environment, Geely has shown resilience and is expected to weather macro and industry uncertainties. One of the key
The U.S. Supreme Court’s conservative majority has made significant strides in curbing federal regulatory authority during the most recent term. The court has focused on limiting the government’s power to regulate various aspects, ranging from stock trading to pollution. This marks a critical role in the ongoing effort by business interests and others to diminish
A recent downgrade of Alphabet (NASDAQ:GOOG) by a Rosenblatt analyst has brought attention to multiple areas of transitional risk that the tech giant is facing. The investment bank identified risks associated with the impact of AI on search, potential search ad revenue loss due to AI Overviews, and emerging evidence of search share loss to
The recent snap parliamentary election in France has brought to light a potential shift towards far-right government, a drastic change that could impact the entire European Union. President Emmanuel Macron’s decision to call for this election after the defeat of his centrist alliance by Marine Le Pen’s National Rally (RN) has sent shockwaves through the
China’s manufacturing activity experienced a decline for the second consecutive month in June, according to an official survey. The National Bureau of Statistics (NBS) reported that the purchasing managers’ index (PMI) stood at 49.5 in June, unchanged from the previous month. This figure remains below the critical 50-mark, indicating a contraction in the manufacturing sector.
The ongoing saga between Boeing and U.S. prosecutors has reached a pivotal moment, with a July 7 deadline looming for the Justice Department to decide whether to criminally charge the embattled planemaker. This development comes on the heels of the government’s finding that Boeing violated a deferred prosecution agreement (DPA) from 2021, put in place
The U.S. Track & Field Olympic Trials have been witnessing a different breed of athletes this year – unsponsored ones. These 35 athletes are part of Bandit Running’s Unsponsored Project, where they defy the traditional sponsorship model by donning all-black, logo-less gear. This initiative challenges the norm where athletes are expected to promote major brands
India’s opposition Congress has recently called on Prime Minister Narendra Modi’s government to investigate Foxconn, a major Apple supplier, regarding its discriminatory hiring practices towards married women. The issue came to light after a Reuters report revealed that Foxconn was excluding married women from job opportunities in its iPhone assembly plant in Tamil Nadu. This
An article by Daniel Wiessner from Reuters discusses how a federal judge in Texas has temporarily blocked a Biden administration rule that aimed to extend mandatory overtime pay to 4 million salaried U.S. workers. U.S. District Judge Sean Jordan ruled that the U.S. Department of Labor’s rule improperly based eligibility for overtime pay on workers’
In a strategic move to boost its cloud infrastructure services, Amazon Web Services (AWS) has announced that it will double the value of credits offered to some startups. This initiative comes as AWS faces stiff competition from Microsoft in the realm of artificial intelligence services. Starting July 1, startups that have recently raised a Series
NASA and Boeing have decided to further extend the first crewed flight of Boeing’s Starliner capsule, named “Calypso,” at the International Space Station. The decision was made to conduct additional testing on the ground, without setting a new target date for the capsule’s return. This decision comes after the planned nine-day mission has already extended