A bitcoin exchange that collapsed 10 years ago after being hacked is set to return billions of dollars’ worth of the token to users — and it has investors worried. In a few days, bankrupt Tokyo-based bitcoin…
Business
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Business
Skydance and National Amusements near Paramount deal as special committee reviews terms
by adminDavid Ellison’s Skydance has reached a preliminary deal with Shari Redstone’s National Amusements to merge with Paramount, according to two people familiar with the matter, resurrecting a deal which failed just weeks earlier. Controlling shareholder National Amusements has referred the…
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Although the unemployment rate has spent 30 months at or below below 4% — a near record — not everyone who wants a job has one. And not everyone even wants a job at all. Some, referred to as “NEETs,” which…
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Business
‘Inside Out 2’ tops $1 billion at the global box office, first film to do so since ‘Barbie’
by adminDisney and Pixar’s “Inside Out 2” is the newest member of the billion-dollar club. The animated feature has tallied $1.014 billion worldwide as of Sunday, making it the highest-grossing film of 2024 and the first film…
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Shares of Nike plunged Friday after the retailer cut its full-year guidance and said it expects sales to drop 10% during its current quarter as it warned of soft sales in China and “uneven” consumer trends across…
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CNN said Friday that 47.9 million people watched the presidential debate between Joe Biden and Donald Trump across broadcast and cable TV as well as streaming. While still a sizable TV audience, it represents an…
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In a lyric on her latest album, Beyoncé sings “denim on denim, on denim, on denim.” Levi Strauss shoppers are taking that advice to heart. Levi Strauss executives are ecstatic. Western wear is booming as consumers opt for…
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Hunter Biden is accusing Fox News in a lawsuit of distributing “revenge porn” by broadcasting nude images of him as part of a miniseries that was available on the conservative outlet’s streaming service, Fox Nation.…
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Starbucks cafes across the country are starting to change how they make drink orders, among other tweaks designed to reduce bottlenecks and long wait times that have dogged the chain. The overhaul comes as the coffee…
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BROWNSVILLE, Texas — The United States is producing less than 1% of the wind power it wants to generate by 2030. But an enormous boat promising to change that is about 89% built, and when…