Month: December 2022
A strong China open for ‘Avatar’ lays the ground for a film stock rally, Morgan Stanley says
Chinese audiences appear eager to see Disney’s “Avatar: The Way of Water,” according to initial ticket sales ahead of the film’s Dec. 16 opening. “Avatar 2 is one of the key catalysts, alongside the upcoming holidays, that could support further near-term share outperformance for film stocks,” said Rebecca Xu, an analyst at Morgan Stanley, in […]
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Stocks making the biggest moves midday: Netflix, Lululemon, DocuSign and more
In this article BBWI COST DOCU NFLX CVNA TSLA BYND LULU Follow your favorite stocksCREATE FREE ACCOUNT SOPA Images | Lightrocket | Getty Images Check out the companies making the biggest moves midday: Lululemon — Shares of Lululemon fell 12% after the athletic apparel company gave a weaker-than-expected fourth-quarter outlook. In the third quarter, the […]
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Here’s a map of Starbucks stores that voted to unionize
A year ago, workers at a Starbucks store in Buffalo, New York, voted to unionize, a first for the chain. The union win at the Elmwood Avenue location has since spurred more than 300 of the chain’s cafes to follow suit with their own petitions for union elections and inspired workers at Chipotle Mexican Grill, […]
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Taylor Swift signs on to direct a movie for Disney as she campaigns for short film Oscar
Taylor Swift accepts the Artist of the Year award onstage during the 2022 American Music Awards at Microsoft Theater on November 20, 2022 in Los Angeles, California. Kevin Winter | Getty Images Entertainment | Getty Images If this was a movie, indeed. Taylor Swift has only just begun an Oscar campaign for her short film […]
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Boomers have more wealth ‘than any other generation,’ but millennials may not inherit as much as they hope
On the cusp of the greatest generational wealth transfer in history, baby boomers are set to pass more than $68 trillion on to their children. “It’s a generation that has accumulated a greater percentage of wealth than any other generation ever has,” said Mark Mirsberger, a certified public accountant and CEO of Dana Investment Advisors, referring […]
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GM battery plant workers vote to unionize with UAW, a key win for labor as industry shifts to EVs
Speaking in front of a backdrop of American-made vehicles and a United Auto Workers (UAW) sign, Democratic U.S. presidential nominee and former Vice President Joe Biden speaks about new proposals to protect U.S. jobs during a campaign stop in Warren, Michigan, U.S., September 9, 2020. Leah Millis | Reuters DETROIT — Workers at a General Motors […]
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Grocery shipping and delivery firm Getir acquires embattled rival Gorillas as industry consolidates
A bike courier outside a grocery warehouse operated by Gorillas Systems GmbH in the West Kilburn district of London, British isles, on Thursday, Dec. 8, 2022. Laura Zapata | Bloomberg | Getty Images Turkish grocery shipping and delivery firm Getir acquired its German rival Gorillas for an undisclosed quantity, the organization said Friday. “Markets go […]
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Brad Pitt sells 60% of his Plan B production company to French media conglomerate Mediawan, sources say
The 92nd Oscars broadcasts live on Sunday, Feb. 9, 2020 at the Dolby Theatre at Hollywood & Highland Center® in Hollywood and will be televised live on The ABC Television Network at 8:00 p.m. EST/5:00 p.m. PST. Craig Sjodin Brad Pitt is selling 60% of his production company, Plan B Entertainment, to French media conglomerate […]
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UK’s new finance reforms component of a 20-calendar year prepare to be ‘world’s future Silicon Valley,’ minister claims
The U.K. governing administration has announced sweeping reforms to the regulation of its monetary services market, which it hopes will unlock future advancement prospective clients. Mike Kemp | In Photos | Getty Photos LONDON — Sweeping reforms to the U.K.’s monetary products and services sector should mark the 1st phase in a 20-calendar year approach […]
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Penguin Random House CEO steps down weeks after judge blocked Simon & Schuster merger
Markus Dohle, Chief Executive Officer of Penguin Random House, pictured during Bertelsmann Annual Press Conference on March 22, 2016 in Berlin, Germany. Thomas Koehler | Photothek | Getty Images Penguin Random House said Friday that CEO Markus Dohle will step down at the end of the year, weeks after the collapse of a deal to […]
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