Media giant Comcast beat on its top and bottom line for the three months ended in June with theme parks and studio strong, even as the latter basks in another giant opening, for Opppenheimer, in the current third quarter. Total revenue nosed up 1.7% to $30.5 billion for the second quarter ended in June. Net income jumped 25% to $4.28 billion. EPS of $1.02 compared with $0.76 the year earlier. At studios, adjusted EBITDA (a profit metric Wall Street likes) surged by $258 million to $255 million driven by the The Super Mario Bros. Movie, which grossed $1.3 billion in worldwide box…
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WASHINGTON — Kleos Space, a Luxembourg based startup that operates signals-intelligence satellites, has run out of cash and will file for bankruptcy. The company’s financier on July 25 informed Kleos Space that it will no longer extend additional credit, a spokesman for Kleos Space, Lou Weis, said July 26 in a statement to SpaceNews. Kleos Space’s financing has been run by Pure Asset Management, an Australian investment firm. Kleos Space today notified the Australian Securities Exchange it plans to file for bankruptcy after failing to raise more money. In a separate filing earlier this month, the company revealed it had…
Xiaomi Mix Fold 3 is confirmed to launch soon. Xiaomi Founder and CEO Lei Jun confirmed that the upcoming foldable will come equipped with Leica-tuned cameras. The phone is expected to succeed the Xiaomi Mix Fold 2, which was unveiled in August 2022 with an octa-core Qualcomm Snapdragon 8+ Gen 1 SoC and a 4,500mAh battery with 67W wired fast charging support. The upcoming book-style foldable is expected to launch with improved specifications in a more compact body than the preceding model.Xiaomi Founder and CEO Lei Jun confirmed in a tweet that the Mix Fold 3 will launch in August, where he…
Signage at the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C.Andrew Kelly | ReutersWASHINGTON — Members of the Senate Banking Committee jostled Wednesday over whether the leading U.S. consumer protection agency has the power to curb so-called junk fees that affect millions of consumers every year.Republican lawmakers have accused the Consumer Financial Protection Bureau of operating outside of its jurisdiction by enforcing the Biden administration’s proposals to crack down on the charges. Democrats have defended the agency’s ability to target the much-maligned fees and shield consumers from what they call burdensome costs.The committee’s first hearing comes as the Biden…
NewsMercury Prize 2023 Shortlist: Arctic Monkeys, Jockstrap, Jessie Ware, and MoreJ Hus, Shygirl, Fred Again.., and Loyle Carner are also among the nomineesBy Jazz MonroeJuly 27, 2023FacebookTwitterPaul BergenFacebookTwitterThe nominees for the 2023 Mercury Prize, awarded to a panel’s choice of the best British album of the year, have been announced. Arctic Monkeys tie Radiohead as the most nominated act in Mercury history, earning their fifth nomination with The Car. Jockstrap (I Love You Jennifer B), Jessie Ware (That! Feels Good), J Hus (Beautiful and Brutal Yard), Shygirl (Nymph), Fred Again.. (Actual Life 3), and Loyle Carner are also among the…
The U.S. economy showed few signs of recession in the second quarter, as gross domestic product grew at a faster than expected pace during the period, the Commerce Department reported Thursday.GDP, the sum of all goods and services activity, increased at a 2.4% annualized rate for the April-through-June period, better than the 2% consensus estimate from Dow Jones.Markets initially moved little following the report, with stocks poised for a higher open and Treasury yields on the rise.This is breaking news. Please check back here for updates.
Spoilers ahead about the ending of Barbie (2023). If you don’t want to be spoiled, turn back now!At the end of Greta Gerwig’s Barbie movie, Stereotypical Barbie (Margot Robbie) tells Barbie creator Ruth Handler (Rhea Perlman) that she doesn’t feel like Barbie anymore. She decides to be human, and the final scene finds Barbie in the backseat of Gloria’s (America Ferrera) car, wearing a tan blazer. Gloria, her husband (Ferrera’s actual husband Ryan Piers Williams), and her daughter Sasha (Ariana Greenblatt) drop Barbie off and wish her luck. We see her step out of the car wearing pink Birkenstocks, and…
Did Betty learn the truth about what happened to Poppy? On Riverdale Season 7 Episode 16, the sisters reunited as Betty tried to comprehend what happened to her sister. Meanwhile, Veronica set up a screening of a new movie when Julian got his hands on a stag copy. Elsewhere, Jughead went to war with Dr. Werthers over his censure of comic books. Use the video above to watch Riverdale online right here via TV Fanatic. Catch up on all your favorite shows and reviews and join in the conversations with other fanatics who love TV as much as you. TV…
Once at a party, I met an anesthesiologist. I’ve always been horrified and fascinated by anesthesiology, and I was a few wines in, so I cornered him. “Where do we go?” I demanded. “When we go under, where do we go?” He didn’t seem surprised to be accosted with this question. Instead, he moved closer to me. “Well, you are like a computer,” he said. He lifted an index finger and pressed it to the center of my forehead. “I’m just turning you OFF. I’m flipping a switch.” I was furious. The answer was clever, but it meant nothing. It…
Turbulent ball: William Irvine, Takumi Matsuzawa and colleagues have used this apparatus to track turbulence with lasers and high-speed cameras. (Courtesy: Takumi Matsuzawa) Researchers in the US have isolated a ball of turbulence inside a tank of water and sustained it by firing vortex rings from the corners of the tank. William Irvine and colleagues at the University of Chicago say that their new technique could lead to a transformation in the way turbulence is studied experimentally. From eddies in a stream to the swirling of gas in interstellar space, turbulence underpins the behaviour of many different systems in nature.…
Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve announced a fresh rate hike overnight.UOB’s core net profit jumped 35% to 1.5 billion Singapore dollars ($1.13 billion) in the second quarter from a year ago. Its net interest income for the quarter grew 31% from a year ago — boosted by robust net interest margin that expanded 50 basis points to 2.13% on higher interest rates, the Singapore-based lender said in a statement released early Thursday.related investing newsDanaher cut its outlook for 2023, but we’re maintaining our rating —…
Editors Rating What We LikeOne of the main plus points of Versace Eros is its versatility. The fragrance is masculine and sexy while at the same time youthful and fun. Better yet, it works as well for a casual get-together as it does for a night on the tiles.The product also hits the mark for longevity and projection. If you’re looking for a prolonged fragrance, all you will need of this high-performing scent is 4-6 sprays, and you’ll enjoy 7-12 hours of wear. That’s a full day without a need for top-ups, meaning you won’t need to re-purchase too often.…
Mattel CEO Ynon Kreiz said last weekend’s blockbuster release of Barbie – the toymaker’s first-ever major theatrical film – is a moment that “will be remembered as a key milestone in our company’s history.” His comments came amid second-quarter numbers in line with Wall Street forecasts. “The Barbie movie is a showcase for the cultural resonance of our IP, our ability to attract and collaborate with top creative talent, and the capabilities of our franchise management organization. This also speaks to the potential of Mattel Films and the significant progress of our strategy to capture the full value of our…
WASHINGTON — L3Harris told investors July 26 that federal regulators will not challenge the company’s acquisition of Aerojet Rocketdyne, clearing the way for the deal to close as early as July 28. “We were advised today that the Federal Trade Commission will not block our acquisition of Aerojet Rocketdyne; therefore, we are moving forward to close the transaction on or about July 28,” Christopher Kubasik, chair and chief executive of L3Harris, said in a letter to investors. $4.7 billion deal Defense contractor L3Harris in December announced a $4.7 billion bid to acquire Aerojet Rocketdyne, a manufacturer of rocket engines and…
After something as monumental as July’s ‘Barbenheimer’ event, any impending films in the year are bound to appear less enticing. However the month of August isn’t without its highlights, with Bollywood serving two highly-anticipated sequels — OMG 2 and Gadar 2. The former sees Akshay Kumar returning as a godlike figure – this time as Lord Shiva – to partake in an amusing courtroom drama at the request of an unhappy civilian. OMG 2 is out August 11 in theatres. On the same day, Sunny Deol’s Tara Singh once again embarks on a trip to Lahore, Pakistan, to bring his…
Sen. John Barrasso (R-WY) reaches out to help Senate Minority Leader Mitch McConnell (R-KY) after McConnell froze and stopped talking at the microphones during a news conference after a lunch meeting with Senate Republicans U.S. Capitol 26, 2023 in Washington, DC.Drew Angerer | Getty ImagesWASHINGTON — Senate Minority Leader Mitch McConnell abruptly froze and was briefly unable to speak at a Senate press conference Wednesday, prompting his colleagues to rush in and help him walk a few feet away from the cameras.The chilling moments came during the Senate GOP leadership’s weekly press conference in the Capitol, where McConnell, 81, was…
Ariana Grande’s boyfriend wants a totally clean slate going into his new relationship with the singer … filing to divorce his estranged wife. According to legal docs, obtained by TMZ, Ethan Slater decided to legally end things Wednesday with Lilly Jay … filing divorce papers in New York. We don’t yet know the specific reason Ethan’s listed for the split. Ethan and Lilly were high school sweethearts — getting hitched back in 2018 — and welcomed a son together last year. The move isn’t necessarily surprising, TMZ broke the story … Ariana and Ethan have been together for several months…
In this articleAMZNFollow your favorite stocksCREATE FREE ACCOUNTPeople walk past an Amazon Fresh store in Washington, DC, on August 26, 2021.Nicholas Kamm | AFP | Getty ImagesAmazon is cutting some jobs at its Fresh grocery stores, CNBC has confirmed.The company said it’s restructuring the in-store staffing and operations model at its Amazon Fresh stores in the U.S., and as a result is eliminating its “zone lead” role. Zone leads are lower-level management positions, with responsibilities including oversight of specific store departments and assisting with training new employees.”Like any retailer, we periodically assess our stores’ organizational needs and make decisions to…