Entertainment
Why you won’t see many car ads during Sunday’s Super Bowl
Automakers – historically among the largest Super Bowl advertisers – are mostly bypassing this Sunday’s NFL championship game to preserve cash or spend ad dollars elsewhere. The only automakers expected to advertise during Sunday’s game between the Philadelphia Eagles and Kansas City Chiefs on Fox are General Motors, Kia and Stellantis‘ Ram and Jeep brands. […]
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CNBC Every day Open: U.S. shares drop and Treasury yields widen their inversion as the economic system provides conflicting signals
Traders get the job done on the ground of the New York Inventory Exchange (NYSE) on June 27, 2022 in New York City. Spencer Platt | Getty Illustrations or photos This report is from present day CNBC Each day Open, our new, global marketplaces publication. CNBC Each day Open delivers investors up to speed on […]
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What do Chinese travelers want? Luxurious ‘star-rated’ motels, says new survey
Buyers in China strategy to pay back up when it arrives to accommodations, a Morgan Stanley survey uncovered in late January. The investigation details to expanding need for higher-conclude and luxurious resorts in China now that the place has finished domestic travel limitations — and a Covid wave has handed. “Buyers look more ready to […]
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CNBC Daily Open: The U.S. economy gives conflicting signals
Traders work on the floor of the New York Stock Exchange (NYSE) on July 25, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to […]
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Alec Baldwin sued by Halyna Hutchins’ family over fatal ‘Rust’ movie shooting
Hilaria Baldwin and Alec Baldwin speak for the first time regarding the accidental shooting that killed cinematographer Halyna Hutchins, and wounded director Joel Souza on the set of the film “Rust”, on October 30, 2021 in Manchester, Vermont. MEGA | GC Images | Getty Images Alec Baldwin is being sued by family members of Halyna […]
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Everything is on the table now with Hulu, Disney CEO Iger says
Disney CEO Bob Iger said Thursday that “everything is on the table” with streaming service Hulu. Disney owns two thirds of the streaming service, which focuses on more adult-oriented general entertainment content such as the series “Only Murders in the Building” and the sci fi thriller “Prey.” Iger wants Disney to focus on its more […]
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Burt Bacharach, legendary composer of pop tunes, dies at 94
Burt Bacharach, the singularly gifted and common composer and Oscar winner who delighted thousands and thousands with the quirky preparations and unforgettable melodies of “Stroll on By,” “Do You Know the Way to San Jose” and dozens of other hits, has died at 94. Bacharach died Wednesday at home in Los Angeles of purely natural […]
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Disney CEO Bob Iger says he prefers to stay only two years, calls streaming ‘the future’
Disney CEO, Bob Iger attends the European film premiere of ‘Star Wars: The Rise of Skywalker’ at Cineworld Leicester Square on 18 December, 2019 in London, England. Wiktor Szymanowicz | Future Publishing | Getty Images Disney CEO Bob Iger appeared on CNBC’s “Squawk on the Street” Thursday following the company’s announcement it would cut 7,000 […]
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Disney CEO Bob Iger wastes no time putting turnaround plans in place after a solid quarter
Disney (DIS) reported a stronger-than-expected fiscal 2023 first quarter after the closing bell Wednesday, and Bob Iger struck the right tone on his first conference call since returning as CEO, prioritizing creativity and profitability. Revenue increased about 8% year-over-year, to $23.51 billion, beating analysts’ expectations for $23.37 billion, according to estimates compiled by Refinitiv. Earnings-per-share (EPS) fell 6.6% […]
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Mattel shares tumble after holiday quarter fails to boost sagging sales
The Mattel company logo is pictured during the inauguration of the expansion of the Montoi plant, in Escobedo, Mexico March 15, 2022. Daniel Becerril | Reuters Barbie-maker Mattel posted fourth-quarter results after market close on Wednesday that came in well below Wall Street’s expectations after holiday sales failed to offset slowing consumer demand. CFO Anthony […]
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