EW Scripps CEO Adam Symson Source: EW Scripps Local TV station owners including Sinclair, TEGNA and EW Scripps all saw their valuations plummet this week after Disney, Warner Bros. Discovery and Fox announced a new sports joint venture set to launch this fall. Sinclair dropped 12% Wednesday, TEGNA fell 7.2% […]
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Hawaiian Airlines debuts free inflight Wi-Fi from SpaceX’s Starlink
A Hawaiian Airlines A321 aircraft with Starlink WiFi installed. Hawaiian Airlines Hawaiian Airlines is rolling out complimentary Wi-Fi via SpaceX’s Starlink on board commercial flights this week, the companies told CNBC, the first major U.S. airline to offer the satellite-based service. “SpaceX has really cracked the code – literally, in […]
Pinterest shares plunge on weak revenue and forecast
A display for image sharing and social media service Pinterest is seen at the Collision conference in Toronto, Ontario, Canada June 23, 2022. Chris Helgren | Reuters Pinterest shares plummeted in extended trading on Thursday after the company issued a weaker-than-expected forecast and missed on revenue. Revenue: $981 million vs. […]
Trade leaders urge governments around the world to join Red Sea military effort
A ship transits the Suez Canal towards the Red Sea on January 10, 2024 in Ismailia, Egypt. Sayed Hassan | Getty Images Trade associations representing sectors across the global economy have joined an open letter urging more governments around the world to join Red Sea maritime security efforts. The letter, […]
Biden ‘willfully’ kept classified materials, had ‘poor memory’: Special counsel
US President Joe Biden answers questions from the press following his remarks regarding lowering cost for American families in the South Court Auditorium of the Eisenhower Executive Office Building on Thursday January 12, 2023. Demetrius Freeman | The Washington Post | Getty Images President Joe Biden “willfully retained and disclosed […]
Has happy hour been replaced? A recent report shows this after-work activity is the new norm
Grabbing a drink with your co-workers at the local bar after a long, productive day at work may be losing its draw, workers say. According to a recent report by Gympass, a hub used by corporations to extend wellness activities to their employees, working out is the new “happy hour” […]
Las Vegas has invested billions into sports. The question is, will it pay off?
Once known mainly for gambling and debauchery, Las Vegas has gained professional sports teams with the National Football League, the National Hockey League, Women’s National Basketball Association and the United Soccer League in under a decade. And a Major League Baseball team is on the way. But that’s not all. […]
Cocoa prices surge to all-time highs as bad weather hurts West Africa crop yield
The hand of Alain Kablan Porquet in dry cocoa beans, in Gagnoa, Ivory Coast, November 19 2023. The Washington Post | Getty Images Cocoa prices have surged to all-time highs this week as bad weather conditions hammer crop yields in West Africa, home to three quarters of the world’s production. […]
23andMe considers splitting up company to revive stock price
23andMe Co-Founder and CEO Anne Wojcicki speaks onstage during TechCrunch Disrupt SF 2017 at Pier 48 on September 19, 2017 in San Francisco, California. Steve Jennings Shares of 23andMe closed down 13% on Thursday, a day after the genetic testing company reported dismal fiscal third-quarter results and discussed splitting itself […]
Disney shares notch best day in more than three years after earnings bonanza
Disney shares spiked more than 11% Thursday, headed for the stock’s best day since December 2020, after the company’s fiscal first-quarter earnings beat estimates and it announced a slew of major deals and upcoming events. In its most eye-catching news, CEO Bob Iger said the company would take its biggest […]