Avatar: The Way of Water Courtesy: Disney Co. Hollywood financer TSG Entertainment is suing Disney for breach of contract. The suit filed Tuesday in Los Angeles Superior Court alleges that Disney and its studio 20th Century Fox committed a number of transgressions, including withholding profits and cutting deals to boost its streaming platforms and stock price. This
The New York Stock Exchange welcomes executives and guests of Cava in celebration of its initial public offering, June 15, 2023. NYSE Check out the companies making headlines in extended trading. H&R Block — The tax preparer rose nearly 5.9% after posting quarterly earnings per share of $2.05 that beat Wall Street’s expectations of $1.88,
The secret to success is simple, says Academy Award-winning actor Will Smith: Surround yourself with great people. Success is “a team sport,” Smith, 54, said on a recent episode of “Hart to Heart,” comedian Kevin Hart’s Peacock talk show. “It’s like, who is at your right hand, who your friends are and who you’re with
Gatot Adriansyah | Istock | Getty Images The share of federal education debt going to graduate students is at its highest point in history, a new report by the U.S. Department of Education finds. Alarmingly, as graduate school borrowing increases, wages for those with an advanced degree haven’t risen nearly as much. “A closer look
Residential home construction by Shea Homes builders is shown in Encinitas, California, May 16, 2023. Mike Blake | Reuters Rising mortgage rates are hitting potential homebuyers hard, and that is taking steam out of the homebuilding market. Builder sentiment in the market for newly built homes dropped six points to 50 in August, according to
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Debate on how to reform the Child Tax Credit (CTC) is heating up as lawmakers offer competing ideas. The credit was most recently boosted temporarily in 2021 under President Biden’s American Rescue Plan Act (ARPA), and just a few years prior, Republicans gave it their own temporary boost under their 2017 tax reform package, the
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In this article JPM BAC Follow your favorite stocksCREATE FREE ACCOUNT A sign for the financial agency Fitch Ratings on a building at the Canary Wharf business and shopping district in London, U.K., on Thursday, March 1, 2012. Matt Lloyd | Bloomberg | Getty Images A Fitch Ratings analyst warned that the U.S. banking industry
In this article HD Follow your favorite stocksCREATE FREE ACCOUNT A sign is seen posted on the exterior of a Home Depot store on February 21, 2023 in El Cerrito, California. Justin Sullivan | Getty Images Home Depot topped earnings expectations on Tuesday, but posted a 2% year-over-year sales decline as customers remained wary of
In this article NVDA PSX HASI Follow your favorite stocksCREATE FREE ACCOUNT The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Tyrone Siu | Reuters Check out the companies making headlines in premarket trading. Discover Financial Services — Shares slipped 6.5% after CEO Roger Hochschild
Hawaiians are still reeling from the deadliest U.S. fire in over a century. The extent of the losses in life and property in Maui are still unknown. Early estimates from the Pacific Disaster Center and the Federal Emergency Management Agency report that more than 2,200 structures have been damaged or destroyed, 86% of which were residential.
With so much of daily life happening over social media, it’s not surprising that small businesses are relying more and more on Instagram, Facebook and other platforms to spread the word about their business and sell products. But there is one big catch: small business owners are at a big disadvantage on these platforms when
In this article GS Follow your favorite stocksCREATE FREE ACCOUNT Former Goldman Sachs CEO Lloyd Blankfein said he couldn’t imagine returning to his old firm, disputing a news report that said Blankfein offered to return in some capacity. The New York Times piece “misquoted” Blankfein, the former Goldman CEO told CNBC Monday in a phone
China’s massive real estate market has struggled after decades of debt-fueled, rapid growth. Bloomberg | Bloomberg | Getty Images BEIJING — China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include the unemployment figure for young people, which has soared to record highs in recent months. Retail
President Franklin D. Roosevelt signs the Social Security Act into law on Aug. 14, 1935. FPG | Archive Photos | Getty Images Social Security has reached a milestone — its 88th birthday. On Aug. 14, 1935, President Franklin D. Roosevelt signed the Social Security Act into law. With that law, a social insurance program to
A bill introduced in the Massachusetts House, (H. 74) would expand funding for community media programming by imposing a new tax on the gross revenues of digital streaming service providers. The sentiment is understandable, but the proposed solution leaves much to be desired. Municipally operated local access television channels, the no-frills stations residents can use
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Compilation of Target, Walmart, Lowe’s and Home Depot stores. Reuters High food prices. Low unemployment. And eye-popping spending on concert tickets and European trips. Retailers are chasing shoppers as they navigate contradictory dynamics like cooling inflation, rising interest rates and pandemic-induced jolts to the way people live, work and shop. That has made it tricky
A Discover Financial Services credit card. Scott Eelis | Bloomberg | Getty Images Check out the companies making headlines after the bell. Discover Financial Services — The financial services stock fell more than 5% after announcing the resignation of its CEO. The board announced that Roger Hochschild would step down from the position, effectively immediately, and