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Business News

Location American Business News for 26 May 2023
What You Need To Know Before You Watch Disney's 'The Little Mermaid' Halle Bailey, Melissa McCarthy, Daveed Diggs, Awkwafina and others give the lowdown on the highly anticipated live-action remake.
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Right-wing investment fund dumps Target stock over 'woke' agenda, adds retailer to 'refuse to buy' list American Conservative Values ETF divests all Target holdings, puts retailer on blacklist amid LGBTQ merchandising controversy.
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What Costco's Baskets Reveal About Consumer Finances

Wall Street Journal - 26 May 2023 18:46
The upper middle class is feeling the economic squeeze too.
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Nike's Swoosh Web3 Platform Surpasses $1 Million in Sales .SWOOSH, a web3 platform developed by the popular sports brand Nike, has already generated more than $1 million in sales from its first sneaker-themed non-fungible token (NFT) collection. The strong sales number indicate...
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Presley's Place At Pittsburgh's Airport Is A Model To Be Copied Presley's Place at Pittsburgh's airport is a sensory-sensitive room that makes travel possible for some families. It is a model that other airports should copy.
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Did Immanuel Quickley's Playoff Performance Cost Him A $100 Million Contract? Immanuel Quickley had a regular season that would naturally raise the expectations of what he was assumed to get a year ago. Was it enough to warrant a major extension?
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Starbucks Moves To Shut Down Its Remaining Stores In Ithaca, New York-One Year After They Unionized Ithaca once could boast that all of its Starbucks stores were unionized. Soon they will all be shut down.
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What We Lose When Movie Theaters Go Upscale

Wall Street Journal - 26 May 2023 17:00
What We Lose When Movie Theaters Go Upscale I understand that theaters are desperate to win back customers, but going to the movies isn't just about comfort
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Texas, a Clean-Energy Pioneer, Turns Against Renewables

Wall Street Journal - 26 May 2023 15:00
Texas, a Clean-Energy Pioneer, Turns Against Renewables The state welcomed wind and solar power for years, fueling rapid growth. Now Republicans want a rollback.
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Sewage spills blamed as E coli forces Cornish shellfish sites to close Producers accuse government of failing to tackle pollution after 'very high' levels of bacteria found "Very high" levels of E coli found in oysters and mussels have led to the closure of 11 shellfish production zones in ...
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America Has Too Much Pork

Wall Street Journal - 26 May 2023 15:30
America Has Too Much Pork A glut of pigs is squeezing hog farmers and meat companies, but consumers have yet to see lower prices.
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It comes after First Citizens, which bought the US operations of another troubled lender, announced job cuts.
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Putin Rejects Russian Economic Collapse Predictions -- Highlights Active BRICS, SCO Cooperation Russian President Vladimir Putin says Russia is actively cooperating with major international organizations, including the BRICS group, the Shanghai Cooperation Organization (SCO), the Association of Southeast Asian Nati...
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Minnesota Governor Vetoes Rideshare Minimum Pay Bill After Uber Threatens To Leave State If Minnesota Gov. Tim Walz had signed the minimum pay bill into law, Uber would've ceased operations outside of the Twin Cities and only offered premium rides in the Minneapolis-St. Paul area, the company said.
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Disney Ride Manufacturer Dynamic Attractions To Be Sold For $2 Million Dynamic Attractions, the engineering company which built many of Disney's most beloved rides, is set to be sold for $2 million to Hong Kong-based financial services firm Promising Expert Limited (PEL).
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JPMorgan lays off 15% of First Republic employees, or about 1,000 workers About 85% of First Republic's roughly 7,000 employees have been given full-time or transitional roles at the larger JPMorgan Chase bank.
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Republicans Suddenly Optimistic About Debt Ceiling Deal As Talks Reach 'Crunch Time' Biden will not invoke the Fourteenth Amendment to stave off a debt ceiling crisis, Treasury Secretary Wally Adeyamo told CNN Friday.
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Investors tried and failed earlier this month to lift gold prices to a fresh record high --- and even the risk of a U.S. debt default has been unable to keep prices for the precious metal above the key $2,000 level.
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A handful of stocks has produced the global market's long-term gain.
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Paramount Plus with Showtime is 50% off for your first 3 months — here's how to snag the deal before it's gone New subscribers can get their first three months of Paramount Plus and Showtime for just $6 a month. The limited-time deal ends on June 4.
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ChatGPT and Generative AI in Media and Advertising: With Use Cases Set, the Battle for Hearts and Minds Begins Generative AI can already do much of the work and low-skilled labor that powers modern media and advertising.
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Open Games Unveils Luke Goss as Ambassador for Europe's Leading Gaming, Art, and Blockchain Event PRESS RELEASE. Zaragoza – Open Games is thrilled to announce the appointment of Luke Goss as the Ambassador for Europe’s most prestigious gaming, art, and blockchain event. This four-day extravaganza, Open Game Con, ...
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