Month: July 2023
Europe sizzles as a heatwave sweeps the continent, pushing temperatures shut to report amounts
A young man cools his encounter in a public fountain on these scorching incredibly hot times on July 11, 2023 in Tempio Pausania, Sardinia, Italy. The file for the greatest temperature in European record was damaged in August 2021, when 48.8C was registered in Floridia, a city in Italy’s Sicilian province of Syracuse. Emanuele Perrone […]
Read More
Disney pulling back on making Marvel, Star Wars content, Iger says
Cassie Lang (Kathryn Newton) and Scott Lang (Paul Rudd) in “Ant-Man and the Wasp in Quantumania.” Disney Disney is slowing down when it comes to making movies and TV series for its Marvel Studios and Lucasfilm franchises, CEO Bob Iger said on CNBC Thursday. The move comes as the company is looking to cut costs […]
Read More
Musk discusses his new business xAI, ‘superintelligence,’ and China
Chief Executive Officer of SpaceX and Tesla and operator of Twitter, Elon Musk attends the Viva Know-how meeting devoted to innovation and startups at the Porte de Versailles exhibition centre on June 16, 2023 in Paris, France. Chesnot | Getty Photographs In an hour-lengthy dialogue on Twitter Areas on Wednesday night time, Twitter proprietor and […]
Read More
Disney CEO Iger opens door to unloading TV assets as linear business struggles
Disney CEO Bob Iger opened the door to selling the company’s linear TV assets as the business struggles during the media industry’s transition to streaming and digital offerings. Iger appeared on CNBC on Thursday, the morning after the company announced it would extend his contract by two years through 2026. He returned to the helm […]
Read More
Shares earning the greatest moves premarket: Delta Air Lines, PepsiCo, MillerKnoll and more
In this posting DAL DIS COIN META Follow your most loved sharesDevelop Free of charge ACCOUNT Men and women wait around in line at the Delta Airlines checkin counter of JFK Global airport on June 30, 2023 in New York Town. David Dee Delgado | Getty Photographs Examine out the companies earning headlines prior to […]
Read More
Fanatics to launch live events business as it seeks to create a sports version of Comic-Con
Pavlo Gonchar | Lightrocket | Getty Images Fanatics will launch a new live events business that will look to recreate the Comic-Con experience for sports collectibles, the company said Thursday. The new venture, called Fanatics Events, will be a partnership with events and talent management giant IMG, which is part of Endeavor. Fanatics will be […]
Read More
Delta posts record quarterly earnings, hikes full-year outlook on travel boom
Nurphoto | Nurphoto | Getty Images Delta Air Lines posted its highest quarterly revenue and earnings ever thanks to searing travel demand that has defied fears of an economic slowdown for months. International travel and demand for premium seats like first class were standouts during the three months ended June 30, while a 22% drop […]
Read More
PepsiCo beats earnings estimates, raises full-year outlook
Pepsi products at a convenience store in Crockett, California, US, on Friday, June 16, 2023. David Paul Morris | Bloomberg | Getty Images PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations and raised its full-year outlook. Shares of the company rose more than 2% in premarket trading. Here’s what the company reported compared […]
Read More
Ukraine war live updates: ‘Massive’ right away strikes by Iranian drones hit Kyiv Zelenskyy welcomes ‘good result’ from NATO summit
Ukrainian parliament member offers thanks following British isles defense minister urges more gratitude from Kyiv Ukrainian parliament member Oleksiy Goncharenko on Twitter thanked British Defense Minister Ben Wallace, a working day after the U.K. politician urged Kyiv to show extra gratitude to invite even more donations from Western politicians. “I want to say that we […]
Read More
IEA trims oil demand forecast for the 1st time this calendar year on ‘persistent’ financial headwinds
Two huge oil tankers unload at the 300,000-ton crude oil terminal in Yantai Port, Shandong Province, China, July 9, 2023. Potential Publishing | Long term Publishing | Getty Visuals The Global Vitality Agency on Thursday lower its world oil desire growth forecast for the very first time this yr, largely citing a worsening economic outlook […]
Read More