Pixar’s animated film “Elio” has set an unwanted record, marking the studio’s worst opening ever at the box office. With a meager $21 million in ticket sales during its debut weekend, the film has not only highlighted the struggles that Pixar faces but has also underscored a larger trend affecting the animation industry. The failure
The Trump Organization, under the banner of President Donald Trump’s personal brand, has made waves with its announcement of the T1 smartphone—an ambitious foray into a fiercely competitive tech market. At a price point of $499, the initial claims of the device being manufactured in the United States elicited intrigue and skepticism. However, the subsequent
Investors have reason to be anxious as shares of Flagstar Bank — the newly minted name for New York Community Bancorp — took a nosedive of 6% following Zohran Mamdani’s trajectory toward becoming the Democratic nominee in New York City’s mayoral race. This eyebrow-raising drop illuminates the precarious relationship between political climates and financial markets,
Jerome Powell, the Chair of the Federal Reserve, takes center stage once again in Washington, D.C. His recent testimony before Congressional committees has showcased not only his articulate stance regarding interest rates but also the complex landscape surrounding inflation. Powell’s insistence that the Fed remains “well positioned to wait” reflects an increasing hesitance to make
In the world of sports broadcasting, contracts are often unremarkable, governed by the dry language of business negotiations. However, the recent renewal of the Tennis Channel’s deal with the Women’s Tennis Association (WTA) breaks that mold. With more than 2,000 matches to be aired each season through 2032, this new contract signifies a profound commitment
In the ever-evolving landscape of cinema, one film appears to be cruising ahead of its competition: “F1,” directed by Joseph Kosinski. With pre-sales in the states noticeably brisk, it’s remarkable to observe that this film is outpacing past mega-hits like “Gladiator 2” and even Brad Pitt’s own prior endeavor, “Bullet Train.” This dynamic surge is
Bumble, the dating app that initially soared to prominence, has taken a drastic step in response to economic pressures and internal restructuring. The recent announcement of a 30% workforce reduction—translating to about 240 employees—signals a significant shift in the company’s strategy. While this move is framed as a necessary adjustment to strengthen the core business,
There’s an undeniable allure to the world of streaming, especially for newly released content. Viewership statistics can be a misleading window into the quality of a film, and the case of “You’re Cordially Invited,” the Reese Witherspoon and Will Ferrell comedy, exemplifies this notion perfectly. With over 50 million views on Prime Video, it has
Jensen Huang, the CEO of Nvidia, is in the spotlight once again—this time for selling 100,000 shares of his own company, with a hefty price tag hovering around $15 million. Such a financial maneuver generates substantial chatter, especially when weighed against the backdrop of Huang’s broader strategy to offload a stunning total of 600,000 shares
In a startling turn of events, a recent survey by PwC reveals an unexpected resilience among parents when it comes to back-to-school spending. Despite the ongoing economic tumult marked by escalating inflation and geopolitical uncertainties, parents are reportedly planning to dig deeper into their pockets this year. According to the survey of nearly 2,000 caregivers,