In a remarkable turn of events for the aviation industry, flight attendants at American Airlines have decisively approved a transformative five-year labor agreement. This contract, backed by an impressive 87% of voting union members, is poised to significantly elevate the financial well-being of the airline’s cabin crew. Scheduled to take effect at the beginning of
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Apple unveiled its latest slate of products, including iPhones, Apple Watches, and AirPods at a much-watched event. Despite the impressive lineup, investors didn’t show much excitement as the stock fell during the event. However, it managed to rally later in the day, closing in the green. Apple’s shares hit an all-time high in mid-July but
Alimentation Couche-Tard, a Canadian retailer, has expressed its willingness to engage in confidential discussions with Japanese retail giant Seven & i Holdings regarding its $38.5 billion takeover offer. This offer has sparked interest in the stock market, with Seven & i shares rising by 3% in early Tokyo trading. However, Seven & i has raised
Casa Bonita Mi Amor!, a documentary featuring Trey Parker and Matt Stone, stood out in the Denver market with its impressive performance at the box office. Despite being screened in only one theater, the film managed to attract a large audience and generate significant revenue. The Alamo Denver, one of the theaters showing the film,
The first weekend of The Roommate, a new play by Jen Silverman, drew in crowds eager to see legends Patti LuPone and Mia Farrow on stage at the Booth Theatre. The play, which explores the dynamics of intimacy between two very different women, had an impressive start with over 100% capacity and a gross of
Steph Curry, the four-time NBA champion, is already looking towards his future beyond the basketball court. In a recent interview with CNBC’s “Squawk on the Street,” the 10-time NBA All-Star discussed his plans for the rest of his basketball career, as well as his various business ventures and goals for after his playing days come
The European Central Bank (ECB) is currently facing a heated internal debate among policymakers regarding the outlook for growth in the Eurozone. This conflicting narrative has created a rift that is likely to influence the ongoing rate cut discussions, with some members expressing concerns about a potential recession while others are more focused on the
Recent data suggests that Bank Negara Malaysia (BNM) is likely to keep its key interest rate steady as the country’s economic growth remains robust and inflation is under control. Despite the current inflation rate of 2.0%, BNM has successfully kept it in check. Additionally, the Malaysian ringgit has shown signs of strength, transitioning from one
Thousands of hotel workers in the United States have begun a multi-day strike in several cities after contract negotiations with major hotel operators Marriott International, Hilton Worldwide, and Hyatt Hotels stalled. The strike, organized by the Unite Here union, involves workers in 24 hotels located in popular travel destinations such as San Francisco, San Diego,
Edgar Wright’s beloved cult classic horror-comedy ‘Shaun of the Dead’ recently had a re-release for its 20th anniversary, grossing an impressive $600k for the 3-day weekend and $720k for the four days. This showing demonstrates the enduring popularity of the film, with fans flocking to see it in Dolby Cinema at 133 AMC theaters for
When it comes to dividend-paying stocks, EPR Properties stands out as a top choice in the real estate investment trust (REIT) sector. EPR focuses on experiential properties such as movie theaters, amusement parks, eat-and-play centers, and ski resorts. This unique niche sets it apart from traditional real estate companies, offering investors exposure to different facets
The recent tumble in PDD’s stock price highlights the changing landscape of China’s consumer market. The era of double-digit growth seems to be a thing of the past, with signs of a prolonged slowdown on the horizon. Despite this overarching trend, it’s important to note that not all companies are facing the same challenges. While
Alibaba has successfully completed a three-year regulatory “rectification” process following an antitrust fine for monopolistic practices in 2021, as announced by China’s State Administration for Market Regulation (SAMR). This process required Alibaba to align with antitrust regulations, particularly in regard to the “choose one of two” policy that gave the tech giant unfair competitive advantages.
The Food and Drug Administration has recently given the green light to Novavax’s updated protein-based Covid vaccine for emergency use in individuals aged 12 and above. This approval opens the doors for Novavax’s vaccine to join the competition with Pfizer and Moderna’s vaccines during the upcoming fall and winter seasons. Novavax’s vaccine is specifically designed