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.
Continue readingBud 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 […]
Continue readingWarner 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.
Continue readingModerna 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 […]
Continue readingAmericans 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.
Continue readingJPMorgan 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.
Continue readingEVgo 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.
Continue readingDisney 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.
Continue readingHollywood 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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