Updated Sept. 15, 2022 5:42 pm ET Listen to article (2 minutes) FedEx said its quarterly revenue fell below its expectations and it was closing offices and parking aircraft to offset declining volumes...
Tag: Entertainment
‘Star Wars’ spinoff ‘Rogue Squadron’ off calendar as Disney shores up film slate
Patty Jenkins attends TNT’s “I Am The Night” FYC Event on May 9, 2019 in North Hollywood, California. Emma McIntyre | Getty Images Questions about the fate of Patty Jenkins’ &#...
Roger Federer, Swiss tennis great, announces he’s leaving the sport
Roger Federer of Switzerland waves to the crowd after victory in his Gentlemen’s Singles Fourth Round match against Roberto Bautista Agut of Spain during day seven of the Wimbledon Lawn Tennis C...
Disney CEO Bob Chapek wants to own all of Hulu, says chances of early deal are slim
Disney Chief Executive Officer Bob Chapek said he’d love to own Comcast’s 33% stake in Hulu “tomorrow” but acknowledged the chances of an early deal are “less and less...
Disney CEO Bob Chapek says ESPN will never take bets
Disney Chief Executive Bob Chapek said Thursday that the company’s sports network ESPN is looking for a partner to help it step into sports gambling. “We at ESPN have the ability to do tha...
Kanye West Ye Yeezy terminates deal with Gap over alleged contract violations
Kanye West and daughter North West attends the “Yeezy Season 8” show as part of the Paris Fashion Week Womenswear Fall/Winter 2020/2021 on March 02, 2020 in Paris, France. Arnold Jerocki |...
Opinion: Billionaires typically own concentrated stock positions — this investor posted a 30-fold gain over 10 years on one little-known company
True or false: To build big wealth in the stock market, it pays to be widely diversified. If you guessed “true,” you might want to reconsider. Successful investors from Warren Buffett to Ron Baron tea...
Quinta Brunson gave ‘Abbott Elementary’ marketing funds to teachers
The hit sitcom “Abbott Elementary” may have taken home two Emmys for its first season, but it wasn’t because of a bottomless marketing budget. Earlier this year, show creator Quinta ...
NBA suspends Suns owner Robert Sarver for using racial slurs, harassing employees
Robert Sarver of the Phoenix Suns takes notes inside the lottery room during the 2017 NBA Draft Lottery at the New York Hilton in New York, New York. Jennifer Pottheiser | National Basketball Associat...
Warner Bros. Discovery CFO calls company’s HBO Max and Discovery+ ‘underpriced,’ suggesting price hikes may be coming
‘House of the Dragon’ series logo displayed on a phone screen and HBO Max website are seen in this illustration photo taken on August 16, 2022. Jakub Porzycki | Nurphoto | Getty Images Str...
Hard Rock to spend $100 million to raise employees’ wages
Cheers and tears – that’s how thousands of Hard Rock workers reacted when they learned their paychecks are about to get a lot bigger. As inflation surges and recession fears linger, Hard Rock In...
Harlem Globetrotters return to TV for first time in 40 years
SYDNEY, AUSTRALIA – JULY 03: Bounce Moody scores a slam-dunk during the Harlem Globetrotters Spread Game Tour at Qudos Bank Arena on July 03, 2022 in Sydney, Australia. (Photo by Nathan Hopkins/...
NEAR Protocol Announces $100M Web3 Fund For Entertainment, Fashion, and Sports
The Swiss non-profit behind the NEAR Protocol is to collaborate with Caerus Ventures in launching a $100 million venture capital (VC) fund and venture lab. The NEAR Foundation said it would cornerston...
Still oversold, buy Starbucks, ESPN’s future
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Stocks add to last weekR...
Best hotels for business travelers in Asia-Pacific
Business travelers are on the road again. So there’s no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific. CNBC joined with the market and consumer data...
Loeb reverses course on push to get Disney to spin off ESPN
Dan Loeb Justin Solomon | CNBC Activist investor Dan Loeb indicated that he’s going to retreat from his push to get Disney to spin off ESPN, reversing a position he had pushed less than a month ...
Everything we learned at Disney’s parks panel at the 2022 D23 Expo
A masked family walks past Cinderella Castle in the Magic Kingdom, at Walt Disney World in Lake Buena Vista, Fla. Orlando Sentinel | Tribune News Service | Getty Images Disney‘s theme parks are ...
Disney reveals Marvel Cinematic Universe updates at D23 Expo
The Disney+ Marvel website home screen on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Hot on the heels of San Diego Comi...
Everything we learned about Disney’s plans for Lucasfilm at the D23 Expo
Adam Driver as Kylo Ren in “Star Wars: The Force Awakens.” Disney It’s been almost four years since a Star Wars film has been released in theaters, but the long-running franchise has...
Everything we learned at D23 Expo′s Pixar and Walt Disney Animation panel
In this photo illustration a Pixar Animation Studios logo is seen on a smartphone screen. Sopa Images | Lightrocket | Getty Images The Walt Disney Company revealed new information about its upcoming s...
Pitch clock, shift limits, bigger bases coming in 2023
Shohei Ohtani #17 of the Los Angeles Angels pitches in the fifth inning against the Houston Astros at Angel Stadium of Anaheim on September 03, 2022 in Anaheim, California. Meg Oliphant | Getty Images...
Amazon trusted two first-time showrunners with ‘The Rings of Power’
Amazon’s new $715 million “Lord of the Rings” series is the most expensive TV show of all time, but it was created by two showrunners with hardly any Hollywood credits between them. ...
Apple seeks prestige, not subscribers
Brendan Hunt, Jason Sudeikis and Brett Goldstein star in AppleTV+’s “Ted Lasso.” Apple Is this the year of Apple TV+? The streamer’s historic Oscar win for Best Picture was ove...
Former Netflix and Marvel Executive With 15 Years of Entertainment Industry Experience Joins Shiba Inu
– Advertisement – Shiba Inu has made yet another addition to its Metaverse team. According to a recent blog post, Brandie Konopasek, an entertainment veteran who has been in the industr...
These 20 stocks have short interest of 19% or more, and AMC and GameStop are not even in the top half
Short selling is a trading technique that gets especially popular during bear markets in stocks. Short selling — or betting on a decline in prices — can come to the fore if investors suspect a company...