This week, the Securities and Exchange Commission (SEC) approved new rules aimed at increasing transparency and integrity regarding stock buybacks. The updated disclosures will require public companies to provide more information than ever before, enabling investors to better assess issuer buyback programs. SEC Chairman Gary Gensler noted that US corporate buybacks have grown significantly in
LA-based firm Jackrabbit Media is set to launch international sales on Sick Girl, a comedy film directed by Jennifer Cram, starring Nina Dobrev (The Vampire Diaries). The film follows the character Wren Pepper, played by Dobrev, a woman who fears that she is losing her lifelong friends. In an attempt to bring them back together,
On Friday, the stock market experienced a rebound as regional bank shares climbed and Apple posted better-than-expected quarterly earnings. Despite this rally, the Dow and the S&P 500 logged their worst week since March, with the Dow losing 1.24% and the S&P 500 dropping 0.8%. The Nasdaq eked out a small weekly gain of 0.07%.
Look Dine-In Cinemas opened a new theater in New York City on West 57th Street, showcasing a midcentury modern design with wood, windows, and a stocked bar. The 12th location of the chain, the theater in the Bjarke Ingels-designed Via 57 West building offers laser projection, wall-to-wall oversize screens, digital surround sound, luxury recliners, and
The White House is reportedly considering a short-term extension of the debt ceiling to prevent an economic crisis. According to five sources familiar with the matter, officials are aware of the risk to markets, businesses, and consumers as the June 1st deadline approaches, and while the Biden administration prefers a long-term deal, aides are discussing
Charles III is set to be crowned King in a historic ceremony that is expected to attract millions of viewers from across the world. The ceremony is full of pomp and pageantry, and hundreds of royal fans are camping out in The Mall in London to secure a good view of the proceedings. The coronation
The Writers Guild of America strike has caused yet another awards show to change its plans. MTV has decided to produce a pre-taped show instead of a live event for its annual MTV Movie & TV Awards. After Drew Barrymore pulled out as host in support of the striking writers, the network pivoted to ensure
The New York Jets have signed four former Green Bay Packers players, but coach Robert Saleh has dismissed talk of a wish list, stating that it is a “silly narrative” to suggest that quarterback Aaron Rodgers is behind the moves. Saleh has suggested that it is common practice for new faces to want old faces
Geoffrey Hinton, known as one of the “godfathers of AI,” recently left Alphabet after a decade at the firm. He believes that artificial intelligence (AI) could be a more pressing threat to humanity than climate change. Hinton’s work is critical to the development of contemporary AI systems. AI Posing a Threat Hinton is among a
Philadelphia 76ers center Joel Embiid has advised point guard James Harden to keep shooting, despite a second consecutive poor performance in the Eastern Conference semifinals against the Boston Celtics. After tying his career-high with 45 points in Philadelphia’s Game 1 victory, Harden went 2-for-14 in Game 2 and 3-for-14 in Game 3. Embiid has urged