It has been almost a year since the sudden passing of Hollywood legend Ray Liotta, and now the cause of his death has been revealed. According to documents obtained by TMZ, Liotta’s death was attributed to heart and respiratory issues. The actor passed away in his sleep last May while filming Dangerous Waters in the
The CEO of Standard Chartered bank, Bill Winters, told CNBC that the US Federal Reserve is set to temporarily pause its aggressive monetary tightening agenda following the central bank’s decision last week to raise interest rates by 25 basis points; a move that signaled it plans to hold steady at its next meeting in June.
New data from the Bureau of Labor Statistics reveals that the US labor market remained strong in April, despite signs of a broader economic slowdown. Nonfarm payrolls increased by 253,000, which is more than the 180,000 that had been estimated by Dow Jones. This indicates that the labor market is still able to show resilience
British coronations are rare and sought after events, particularly for world leaders and their retinues. The last coronation took place seven decades ago, and leaders from around the world are flying in to be a part of this year’s event. For Britain, the coronation provides an opportunity to showcase its best assets and exert as
In response to the murder of George Floyd and the nationwide awakening of the countless murders of people of color, a group of six nurses began working on a series of mini-documentaries that captured the experiences of racism in nursing in the United States. The “Reckoning with Racism in Nursing” docu-series was created to provide
Apple CEO Tim Cook announced record revenue growth in India during the first quarter of the year. In its fiscal second quarter, Apple reported total revenue of $94.84 billion, although it does not disclose sales figures for India. Cook stated that the company set a “quarterly record” for its India business and saw “very strong,
AMC Entertainment, a leading theater chain, has reported excellent first-quarter earnings. The company’s revenue in March exceeded Wall Street expectations, with sales reaching $954 million, up 20% from the previous year. In addition, AMC’s losses narrowed by $102 million to $235 million, with an adjusted EPS of 17 cents per share, exceeding expectations. AMC’s CEO,
Meesho, an Indian e-commerce company, has laid off 251 employees, or 15% of its workforce, as part of its efforts to achieve profitability. The company’s founder and CEO, Vidit Aatrey, announced the decision in an email to employees, stating that affected employees would receive one month extra severance pay beyond their notice period as well
Despite concerns over the state of the US economy and instability in the banking sector, US job growth exceeded expectations in April, according to a report by the Labor Department. Nonfarm payrolls increased by 253,000 jobs during the month, surpassing Wall Street estimates of 180,000, while the unemployment rate was 3.4%, compared to an estimate
Warner Bros. Discovery, like other major media companies, is shifting its focus to streaming video as an increasing number of Americans cancel their traditional pay TV subscriptions. The company, however, reported a big quarterly loss despite its U.S. direct-to-consumer (DTC) segment turning a profit for the first time ever. Details of the Earnings Report According