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Category Archives: Uncategorized

Hasbro sells off costly production studio, taking a page from Mattel’s playbook

Utilizing third-party studios and distributors to create TV and film content minimizes financial risk for Hasbro, as it did Mattel.

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Secondhand luxury watch prices slump to near two-year low after a pandemic run

Experts had warned that a bubble could burst along with cryptocurrency and other trendy pandemic booms. But the recent declines appear to mark a stabilization.

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Bud Light owner AB InBev beats forecasts in quarter dominated by boycott

Core profit rose 5% year on year, smashing expectations despite a boycott that led to a sharp fall in sales of its bestselling Bud Light […]

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Warner Bros. Discovery loses subscribers after Max launch, but shares rise on debt paydown

Warner Bros. Discovery reported second-quarter results that fell below Wall Street expectations and revealed decreasing subscriber totals.

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Moderna shares rise on better Covid vaccine outlook despite sharp drop in sales

Moderna and its rivals Pfizer and Novavax have all seen a steep drop in sales of Covid vaccines and treatments as the world moves on […]

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Americans are going abroad in droves — at the expense of domestic travel

The shift overseas is driving up international airfares and room rates, while domestic growth lags.

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JPMorgan CEO Jamie Dimon calls Fitch Ratings U.S. downgrade ‘ridiculous’ but says it ‘doesn’t really matter’

In the wide-ranging interview, Dimon touched on topics including geopolitics, bank regulation, artificial intelligence and the direction of the economy.

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EVgo revenue beats analyst expectations as private-label charging business booms

EVgo’s second-quarter results beat Wall Street estimates, as revenue from deals to provide chargers to other businesses surged.

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Disney CEO Bob Iger wants minority partners for ESPN, but landing a deal won’t be easy

Disney CEO Bob Iger has enlisted the help of two former Disney executives to figure out the best plan forward for ESPN.

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Hollywood producers seek sit-down with striking writers, the first sign of stalemate break

It’s the first sign of movement in a stalemate between the sides, which began in early May when talks broke down.

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