A worker stocks the shelves at a Walmart store on January 24, 2023 in Miami, Florida. Walmart announced that it is raising its minimum wage for store employees in early March, store employees will make between $14 and $19 an […]
Walmart cuts starting pay for new hires who prepare online orders, stock shelves Read More »
The upcoming spate of tech IPOs could help kickstart muted capital markets, Goldman Sachs CEO David Solomon told CNBC’s David Faber. Firms including chip designer Arm and Instacart have filed to go public, and companies that are mulling listings will
Goldman Sachs CEO David Solomon sees Wall Street rebound if tech IPOs perform Read More »
Disney on Thursday amended its federal lawsuit against Florida Gov. Ron DeSantis to focus solely on its First Amendment claim that the governor politically retaliated against the company. Disney last week had asked to drop its other claims in the
Disney drops all but free speech claim in political retaliation suit against DeSantis Read More »
Sopa Images | Lightrocket | Getty Images The kickoff to the NFL season is Thursday night, and Charter Communications doesn’t appear to be moving down the field in its negotiations with Disney. Last week, Charter and Disney’s talks over contract
Charter and Disney aren't budging in their blackout fight as NFL season kicks off Read More »
A scene from “Barbie.” Courtesy: Warner Bros. Hollywood bet big on blockbuster franchise sequels to revive its summer cinema business, but it was fresh fare such as “Barbie” and “Oppenheimer” that fueled the industry’s haul of $4 billion, a 19%
'Barbie' wins the summer box office, but fall looks gloomy — even with Taylor Swift Read More »
Roku products arranged in Hastings-On-Hudson, New York, July 25, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Roku said it will lay off 10% of its workforce, or about 360 people, as the streaming software company looks to slash expenses.
Roku stock jumps after company says it will lay off 10% of workforce Read More »
Artur Widak | Nurphoto | Getty Images Moderna‘s new Covid vaccine produced a strong immune response against BA.2.86, a highly mutated omicron variant that health officials are watching closely, according to clinical trial data the biotech company released Wednesday. The
About 10 years ago, I invented a rule about covering mergers and acquisitions that still hasn’t failed me. Here it is: Will Apple buy [insert company of your choice here]? –> No. Apple almost never buys name-brand companies. Its largest
Apple buying Disney would be a storybook ending for Iger, but fairy tales aren't real Read More »
Fans watch a movie at a cinema in Shanghai. Future Publishing | Future Publishing | Getty Images Women are fueling China’s box office despite making up a smaller share of the population — and Hollywood should take note. While women
Women are fueling the box office in China and Hollywood should take note Read More »
Taylor Swift performs onstage during her The Eras Tour at Lumen Field in Seattle, July 22, 2023. Mat Hayward/tas23 | Getty Images Entertainment | Getty Images Taylor Swift is already a superstar. Now, she’s about to put up superhero-style numbers
Taylor Swift's Eras Tour concert movie could make $100 million in its first weekend Read More »
