The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022.Gabby Jones | Bloomberg | Getty ImagesDisney might be proving the world’s most famous investor wrong.Last year, Warren Buffett, “The Oracle of Omaha,” told CNBC’s Becky Quick he had no faith in the business of streaming video.”Streaming … it’s not really a very good business,” Buffett said on April 12, 2023. “The shareholders really haven’t done that great over time.”Buffett wasn’t lying. Legacy media companies such as Comcast’s NBCUniversal, Disney, Paramount Global and Warner Bros. Discovery have all underperformed the S&P…
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A McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesAfter a tough year for the restaurant industry, executives can’t wait for 2025 to start.”I don’t know about you guys, but I’m ready for ’24 to be behind us, and I think ’25 is going to be a great year,” Kate Jaspon, CFO of Dunkin’ parent Inspire Brands, said at the Restaurant Finance and Development Conference in Las Vegas this week.Restaurant bankruptcy filings have soared more than 50% so far in 2024, compared with the year-ago period. Traffic to restaurants open at least…
Sony has announced the slate of games joining PlayStation Plus Game Catalog in November. Zombie action-RPG Dying Light 2 Stay Human leads the month’s PS Plus lineup. The open-world action game puts heavy emphasis on parkour movement mechanics and first-person melee combat. Other titles in November’s Game Catalog lineup include action-adventure title Like a Dragon: Ishin!, racing sim MotoGP 24, medieval multiplayer slasher Chivalry 2 and more. Grand Theft Auto 5 also returns to PS Plus Game Catalog this month. All games will be available to play from November 19 to PS Plus Extra and Deluxe/ Premium subscribers.In addition to…
There are a lot of fans who are not sure what to think of Jeopardy! host Ken Jennings. While he has plenty of fans who love seeing the former champion hosting the show, there are others who feel the show might be better going in a different direction. However, this is mostly social media talk. With that said, one contestant decided to call out Ken on a recent episode. Here is what the player said and how Ken reacted to the moment. Jeopardy! Player Calls Out Ken Jennings During Show While Ken Jennings has faced some criticism of his job hosting Jeopardy!,…
Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7. Annabelle Chih | Bloomberg | Getty ImagesSuper Micro Computer could be headed down a path to getting kicked off the Nasdaq as soon as Monday.That’s the potential fate for the server company if it fails to file a viable plan for becoming compliant with Nasdaq regulations. Super Micro is late in filing its 2024 year-end report with the SEC, and has yet to replace its accounting firm. Many investors were expecting clarity…
[The stream is slated to start at 3 p.m. ET. Please refresh the page if you do not see a player above at that time.]Federal Reserve Chair Jerome Powell speaks Thursday to business leaders in the Dallas-Fort Worth area on monetary policy. Powell is delivering a speech followed by a Q-and-A session.The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point, or 25 basis points. That followed a half-point cut in September and left the federal funds rate in a range between 4.5% and 4.75%.Economic readings this week, however, showed…
Saturday Night Live didn’t waste any time on the latest episode, spoofing Donald Trump and Joe Biden‘s historic Oval Office meeting at the White House earlier this week. “Hello everybody. Thank you to the press for joining us to document this very important presidential transition meeting. I’m being serious right now. Even though we disagree, I’m eager to sit down for a respectful conversation,” Dana Carvey’s Biden says. “Yeah, get a load of me. Instead of being rude and crazy like usual, I’m doing quiet and serene, which in many ways is a lot scarier,” James Austin Johnson’s Trump adds…
After the rush for the first batches of tickets to Glastonbury 2025 sold out in just 32 minutes on Thursday (November 14) – the second batch will go on sale today (Sunday November 17). Here’s everything you need to know. Read More: IDLES! Little Simz! Kneecap! Glastonbury 2024 review – the most magical moments from Worthy Farm This year saw Dua Lipa make her bombastic Pyramid Stage debut, Coldplay warming hearts alongside a handful of special guests, and SZA close the festival in a mesmerising, shape-shifting spectacle. Elsewhere, Avril Lavigne delivered a dose of pop-punk nostalgia to one of the weekend’s biggest…
Elon Musk at the tenth Breakthrough Prize ceremony held at the Academy Museum of Motion Pictures on April 13, 2024 in Los Angeles, California.The Hollywood Reporter | The Hollywood Reporter | Getty ImagesOn Saturday, Elon Musk shared who he is endorsing for Treasury secretary on X, a cabinet position President-elect Donald Trump has yet to announce his preference to fill.Musk wrote that Howard Lutnick, Trump-Vance transition co-chair and CEO and chairman of Cantor Fitzgerald, BGC Group and Newmark Group chairman, will “actually enact change.”Lutnick and Key Square Group founder and CEO Scott Bessent are reportedly top picks to run the Treasury…
Welcome to Today in Books, our daily round-up of literary headlines at the intersection of politics, culture, media, and more. Here are biggest stories from last week. Barnes & Noble’s Book of the Year is…. James is Barnes & Noble’s Book of the Year. I had a little fun with this announcement on Instagram, but this is the right selection. I will cannibalize what I wrote about James for Book Riot’s forthcoming Best Books of the Year post: “James was my most anticipated book of 2024 from the moment I heard that it was coming. A Huck Finn reimagining from the literary Morpheus that is…
We independently evaluate all recommended products and sercives. Any products or services put forward appear in no particular order. if you click on links we provide, we may receive compensation. As more and more sustainable brands come out of the woodwork, Sockwell is one that has emphasized eco-consciousness for more than a decade. Since hitting the scene in 2011, the Chattanooga-bred brand consistently stands out by committing to comfortable products and ethical manufacturing. The result of combining the two: American-made Merino wool socks that you have to slip on to believe. Sockwell’s path to making a quality pair goes beyond…
Meta Platforms Inc. was hit with a €798 million ($841 million or roughly Rs. 7,100 crore) fine by European Union regulators by tying its Facebook Marketplace service to the social network, the US tech giant’s first ever penalty for EU antitrust violations.In a groundbreaking decision, the European Commission ordered Meta to stop tying its classified-ads service to Facebook’s sprawling social media platform, and refrain from imposing unfair trading conditions on rival second-hand goods platforms. “Meta tied its online classified ads service Facebook Marketplace to its personal social network Facebook and imposed unfair trading conditions on other online classified ads service providers,”…
The term “Dad TV” has been around for years. Typically it refers to a series with a male lead that’s relatable and an expert in a particular field who overcomes some kind of challenge or unexpected hardship. Throw in a touch of humor, a sense of nostalgia, and a dog or child to protect, and you have a TV series any dad would be happy to watch. While some may argue that television has always been Dad TV (if you’re over 40, chances are your dad always controlled the remote when you were a kid), the genre has recently evolved.…
US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. Allison Robbert | AFP | Getty ImagesPresident-elect Donald Trump on Saturday selected Liberty Energy CEO Chris Wright to serve as the next energy secretary of the United States.Liberty Energy is an oilfield services company headquartered in Denver with a $2.7 billion market capitalization. The company’s stock gained nearly 9% on Nov. 6 after Trump won the U.S. presidential election, but its shares have since pulled back.Wright serves on the board of Oklo, a nuclear power startup backed by…
A Quarter Pounder with cheese, fries and a drink arranged at a McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesIn the wake of last month’s E. coli outbreak tied to McDonald’s slivered onions, the fast-food giant said it will invest more than $100 million to boost restaurant sales and speed up the recovery at affected franchisees.Of that total, $65 million will be invested into supporting owners who have lost business, targeting those in the hardest-hit states. Approximately $35 million will be invested in traffic-driving programs, including marketing efforts, according to a…
Quantum showcase sets out next decade of UK quantum – Physics World Skip to main content Discover more from Physics World Copyright © 2024 by IOP Publishing Ltd and individual contributors Read the original article here
(Left) Lupita Nyongó voices Roz in DreamWorks Animation’s ‘The Wild Robot’, directed by Chris Sanders. © 2024 DreamWorks Animation. All Rights Reserved. (Right) Writer, director, and producer Christopher Nolan on the set of ‘Oppenheimer.’Preview:Chris Nolan is adding yet more cast to his new movie.Lupita Nyong’o is now reportedly in the cast.She joins the likes of Matt Damon, Tom Holland and Zendaya.As with lots of big movies that end up boasting giant, star-studded casts, there is a period of time known as the “drip feed” casting era, where sites break word of big names signing on to the project (or at…
Lil Durk has pleaded not guilty to federal criminal charges related to an alleged murder-for-hire plot, Rolling Stone reports. He is tentatively due to stand trial, in California, on Tuesday, January 7, 2025. Durk, who is in federal custody, in Los Angeles, has also delayed the release of his new album, Deep Thoughts, which had been due to arrive this autumn.Durk was arrested last month and charged with conspiracy to use interstate facilities to commit murder-for-hire resulting in death. He’s also facing two additional weapons-related charges.Prosecutors allege that Lil Durk and five other men allegedly associated with the rapper’s Only…