Month: June 2023
Boycotts seldom function — but anti-LGBTQ+ backlash is forcing providers into tricky selections
Assaults versus companies for their inclusion of the LGBTQ+ group have forced businesses to consider to strike a harmony among expressing values or risking backlash — and even violence — from a smaller but vocal component of their buyer bases. As boycotts go further than social-media-fueled outrage, companies like Anheuser-Busch, Concentrate on and Disney are […]
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Home sales barely budge from April to May in sluggish spring market
A sign is posted in front of a home for sale on June 09, 2023 in San Francisco, California. Justin Sullivan | Getty Images Sales of previously owned homes were essentially flat in May compared with April, according to the National Association of Realtors. They rose 0.2% to a seasonally adjusted, annualized pace of 4.30 […]
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Bud Mild boycott is the speak of the town at the prestigious Cannes Lions advertisement festival
sparked controversy in April after transgender influencer Dylan Mulvaney showcased a personalized can of the beer on social media, drawing ire and boycott calls from conservative circles. Mike Moore | Getty Photographs Enjoyment | Getty Illustrations or photos Bud Light’s ill-fated Dylan Mulvaney collaboration dominated discussions among marketers gathered in southern France for the Cannes […]
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Observe Fed Chair Jerome Powell discuss reside to Senate banking panel
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell seems Thursday on Capitol Hill for the 2nd working day of his testimony on monetary policy. The central lender leader will seem just before the […]
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Shares generating the biggest premarket moves: Tesla, Darden Dining places, Anheuser-Busch, Alcoa & a lot more
In this posting BA SPR ABI-BE DRI TSLA Comply with your beloved sharesProduce No cost ACCOUNT A Tesla motor vehicle dealership is observed on May perhaps 31, 2023 in Austin, Texas. Brandon Bell | Getty Visuals Look at out the organizations producing the largest moves in premarket investing: Tesla – Shares dropped extra than 3% […]
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Olive Garden parent earnings beat estimates, fueled by strong LongHorn Steakhouse sales
Customers enter an Olive Garden restaurant in Pittsburg, California, US, on Friday, Dec. 9, 2022. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported quarterly earnings that topped Wall Street’s expectations, fueled by strong LongHorn Steakhouse sales. The company also announced that former CEO Gene Lee plans to step down as chair of […]
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Zaslav contacted Scorsese and Spielberg to relieve fears all-around TCM layoffs
David Zaslav Olivia Michael | CNBC Warner Bros. Discovery personnel faced another round of layoffs this 7 days, specially people in the cable-Tv set network side of the company. The layoffs afflicted the firm’s large portfolio of cable-Tv networks which include the Discovery Channel, Investigation Discovery and the Foods Community. The Turner Typical Film channel […]
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Overstock.com wins auction for Bed Bath & Beyond’s intellectual property, digital assets
Signage is displayed outside a permanently closed Bed Bath & Beyond retail store in Hawthorne, California, on May 1, 2023. Patrick T. Fallon | AFP | Getty Images Bed Bath & Beyond will live on in name only after Overstock.com won an auction for the failed home goods retailer’s intellectual property and digital assets, according […]
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United to send out flight disruption vouchers to travelers’ phones
Passengers test in for United Airways flights at O’Hare Worldwide Airport in Chicago, Illinois, Dec. 13, 2022. Scott Olson | Getty Photographs United Airlines mentioned Thursday it will begin sending food and hotel vouchers for disrupted journey to passengers’ telephones, in hopes of steering clear of customer services bottlenecks at airports and long maintain situations […]
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Turkey’s central bank hikes interest amount to 15% in spectacular U-convert to tackle 40% inflation
Citizens ready at a bus halt less than a large Turkish flag in Istanbul, Turkey, on Sunday, April 30, 2023. Bloomberg | Bloomberg | Getty Visuals Turkey’s central bank jacked up the country’s key fascination level Thursday, almost doubling it from 8.5% to 15% as the new economic administration of a short while ago re-elected […]
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