Edward Johnson 
Disney returned to a profitable third quarter as its combined streaming business started making money for the first time and the movie Inside Out 2 did well in theaters. Operating income for the entertainment segment nearly tripled to $1.2bn thanks to better performances from its direct-to-consumer and content sales/licensing and Other segments. The Walt Disney … Read more
The US is not in a recession, despite the indicator bearing my name saying that it is. The Sahm rule, which was triggered with Friday’s weaker-than-expected jobs report, joins a long list of economic tools skewed by the unusual disruptions of the past four and a half years. That said — and I say this … Read more
Paige Bueckers has kicked off her partnership with Madison Reed by going from blond to “sparkling rose.” Courtesy: Madison Reed The latest women’s college sports deal comes with a splash — of color. The University of Connecticut has struck a deal with beauty brand Madison Reed in a wide-ranging partnership that includes court-naming rights; name, … Read more
Nifty ended 305 points on Wednesday with the index making an indecisive candlestick pattern on the daily chart as traders await the RBI policy announcement on Thursday, coinciding with the weekly expiry of Nifty derivatives. The index has been taking support near 24,000 levels and maintaining the 50-DEMA support despite turbulence, resulting in a relief … Read more
Glencore has scrapped plans to spin off its coal business after shareholders urged the commodities giant to hold on to the highly profitable but heavily polluting division. The FTSE 100 company said that an overwhelming majority of its shareholders favoured retaining the coal business over its plan to list the division as a separate company … Read more
(NewsNation) — The National Transportation Safety Board’s two-day investigative hearing into the Jan. 5 Alaska Airlines midflight door plug blowout continues Wednesday on Capitol Hill with testimony from Boeing and Spirit AeroSystems leadership. Wednesday’s hearing will include hours of testimony detailing the production of the Boeing 737 Max 9 plane as well as changes made … Read more
Nepal helicopter crash: Five people were killed in a helicopter crash in Nepal on August 7, reports said. Four of those killed were Chinese tourists. The Air Dynasty helicopter crashed in Nepal’s Nuwakot. There were at least five people on board including five passengers. The crash occurred at a forest in the mountains northwest of … Read more
On July 19, Jonathan Cardi and his family watched as the departures board at Raleigh-Durham International Airport in North Carolina, turned from green to a sea of red. “Oh my gosh, it was insane,” says Cardi. “Delayed, delayed, delayed, delayed.” Cardi, a law professor at Wake Forest University and a member of the American Law … Read more
It is a warm summer afternoon in Finsbury Park, north London, and I am sitting in a restaurant preparing to eat a cricket ball. Fortunately for me, the object on the end of my fork is not five and a half ounces of cork, string and red leather; it’s only a meatball made out of … Read more
(KTLA) — Walt Disney Co. is raising the price for all stand-alone tiers on Disney+, Hulu, and ESPN+ in the U.S. this fall, as well as most of its streaming bundles. The new prices, which go into effect Oct. 17, won’t impact the recently introduced Disney+/ Hulu/ Max streaming bundle in partnership with Warner Bros. … Read more
