Former Florida Attorney General Pam Bondi provides insight on Disney’s self-governing status being revoked, election security and Elon Musk’s bid for Twitter on ‘Kudlow.’ Disney executives touted strong subscriber growth for its Disney+ streaming platform and a robust rebound in attendance at the company’s US theme parks in an earnings call on Wednesday. Notably absent […]
Category: Business
The largest white diamond ever auctioned sold for a whopping $21.9 million at Christie’s annual Magnificent Jewels sale today. The 228.31-carat masterpiece was sold to a person whom Christie’s refused to name or even cite where they live. One of the diamond’s three previous buyers was based in the US; the other two in the […]
WASHINGTON (AP) — The Senate confirmed economist Lisa Cook on Tuesday to serve on the Federal Reserve’s board of governors, making her the first Black woman to do so in the institution’s 108-year history. Her approval was on a narrow, party-line vote of 51-50, with Vice President Kamala Harris casting the decisive vote. Senate Republicans […]
Bitcoin extended losses to reach levels last seen in January 2021 on Wednesday amid a broader market sell-off. The peer-to-peer digital currency struggled to hold the $30,000 level throughout the day as US inflation levels were reported above market expectations and a macroeconomic risk-off movement keeps gaining traction globally. Bitcoin drops to levels last seen […]
red boxphoto: Justin Sullivan/ (Getty Images) Great news for anybody who wants to see some sun-damaged touch screens get livened up by a little good, hearty cheer: Redbox just got itself bought by Chicken Soup For The Soul Entertainment Inc., the company behind eight million books of inspirational sub-Reader’s Digest horseshit, and also, for some […]
Airbnb announced a new feature Wednesday that lets users split a stay between two homes. The company is introducing it after finding customers are taking longer trips after being home for much of the pandemic. It’s one of three elements that together represent the biggest change to Airbnb in a decade. loading Something is loading. […]
Two Starbucks stores in Santa Cruz, California, voted to unionize, becoming the first two Starbucks store in California to do so. A third Santa Cruz store will vote to unionize in June. | VideoPlayer | Santa Cruz Starbucks unionization push follows national trend of increased union approvalBy a vote of 15 to two the Starbucks […]
Roblox CEO David Baszucki told CNBC on Wednesday that the company is seeing its bookings recover in April after the company said earlier this week that they declined 3% in the March quarter. Bookings are how the company describes sales of its virtual currency, Robux, which players use to buy digital items such as avatars […]
Rivian, the buzzy electric vehicle company backed by Ford and Amazon, reported a net loss of $1.59 billion in the first quarter of 2021 based on $95 million in revenue. The company said it delivered 1,227 vehicles to customers during the past three months, bringing its total number of deliveries to 2,148. Rivian said it […]
The California doctor has been getting phone calls, emails and social media messages — not just from her patients but from families all over the United States — along with photos of empty store shelves that once held infant formula. “It’s scary for these moms and their babies, and it’s becoming a real issue,” Altmann […]