The movie industry is currently facing a labor dispute involving two major strikes: the Writers Guild of America (WGA) strike and the actors’ strike initiated by SAG-AFTRA. Despite concerns about the potential impact on exhibition, Marcus Corp. CEO Greg Marcus believes that these strikes are not as threatening as the challenges faced during the Covid-19
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Qualcomm, a leading global semiconductor and telecommunications equipment company, has announced its third-quarter earnings for the fiscal year. While the company managed to beat Wall Street expectations in terms of earnings, both revenue and guidance for the fourth quarter fell short. This mixed financial performance has led to a decline in Qualcomm’s stock value. Earnings
Conservation groups in Scotland are sounding the alarm as they uncover the disturbing practice of discarding at sea by bottom trawlers. Recently, a video shared with Sky News revealed a grim scene on Scotland’s west coast, showing thousands of lifeless prawns covering the seafloor, alongside five shark species and the critically endangered mature flapper skate.
The finance minister of India, Nirmala Sitharaman, announced on Wednesday that the decision to impose a 28 percent tax on the full face value of bets placed on online games will be implemented from October 1. Despite opposition from states such as Delhi and Goa, the GST Council, which consists of the Union finance minister
Global stock markets experienced a significant decline following the recent downgrade of the United States’ long-term credit rating by Fitch. However, top economists argue that this downgrade should not cause alarm. Despite concerns about expected fiscal deterioration and governance issues, experts believe that the market impact will be temporary. Immediate Market Reaction The downgrading of
Scientists at MIT have made a groundbreaking discovery in their quest to develop more efficient methods of storing renewable energy. By combining cement, water, and carbon black, researchers have successfully created an electrified cement with the potential to transform building foundations and roads into vast energy storage units. Unlocking the Power of Ancient Materials The
Houston Astros pitcher Framber Valdez made history on Tuesday night, throwing the 16th no-hitter in the team’s history. The Astros secured a 2-0 victory over the Cleveland Guardians. The outstanding performance came just hours after the Astros reacquired their ace pitcher Justin Verlander from the New York Mets. Valdez was in top form throughout the
Google is embarking on a major reorganization of its Assistant unit to harness the power of generative artificial intelligence (AI) and enhance its voice-powered software. The company aims to leverage large language model (LLM) technology to transform its Assistant into a more advanced and versatile tool. The move comes with a small number of layoffs,
The New York City Council’s Committee on Civil Service and Labor has taken a significant step in advocating for the fair treatment of striking actors and writers. Following a hearing, the committee unanimously passed a resolution in support of a fair contract, which will now be put to a vote by the full City Council.
Despite a challenging second quarter, Advanced Micro Devices (AMD) has surpassed sales and profit expectations, reporting a decline in revenue of 18%. However, the company remains optimistic about its future prospects, with a focus on its data center and embedded divisions. With the increasing demand for high-end graphics processing units (GPUs) used in artificial intelligence