Reported 6 months ago
Billionaire investor Nelson Peltz has sold his entire stake in Disney for $1 billion, following a proxy battle. Peltz, who owns Trian Fund Management, sold his shares at $120 per share, adding to his wealth. This move comes after Disney shareholders rejected Peltz's request for multiple board seats, and his criticism of the company's performance and "woke" messaging in its content. After the sale, Disney's stock price dropped to around $100 per share.
Source: YAHOO
Reported 6 months ago
John Mackey是Whole Foods的创始人，他认为进入一家Whole Foods是一种怀旧之情。他最近在《财富》杂志讨论了他的新回忆录《The Whole Story: Adventures in Love, Life, and Capitalism》。Mackey详细描述了公司的诞生和早期发展，从其在德克萨斯州奥斯汀的一间三层维多利亚式住宅中的谦逊嬉皮开始，到其被亚马逊以137亿美元收购的540家商店连锁。他还分享了对迷幻药物的启发，称之为“灵感之源”，并透露了自己的新企业Love.Life的愿景，该品牌将提供冥想、呼吸工作和迷幻疗法等治疗服务。
Source: YAHOO
Reported 6 months ago
Chinese policymakers are aiming to alleviate the housing oversupply issue in China, where around 60 million unsold homes are causing a significant property market slowdown. To address this, the central bank has introduced a $41 billion initiative for local governments to purchase unsold homes and encouraged cities to reduce downpayment requirements and mortgage rates. Despite these efforts, the challenge remains significant, with the excess inventory mainly concentrated in larger cities like Beijing. The effectiveness of these measures in reviving home sales and resolving the crisis is uncertain, as even major metropolitan areas are experiencing a decline in confidence in property as a reliable investment.
Source: YAHOO
Reported 6 months ago
Broncos coach Sean Payton expressed concerns about using a position player for kickoffs under the new rule, highlighting potential challenges with the timing and strategy involved. Payton emphasized the need for adaptability as teams navigate the rule changes throughout the season, focusing on factors such as who kicks the ball and who receives it as key considerations. The adjustments required for the new kickoff rule will likely result in increased training camp and practice time dedicated to mastering the play's nuances.
Source: YAHOO
Reported 6 months ago
Boeing firefighters have ratified a new contract with significant pay raises, bringing an end to a three-week lockout. The agreement covers approximately 125 fire and emergency-service workers in the Seattle area who were locked out when their previous contract expired on May 4. The deal guarantees four hours of overtime pay for each 24-hour shift, resulting in an average annual pay increase of about $21,000, with annual raises of 2% to 3% through 2027. Employees will now reach the top pay scale in 10 years instead of the 14 or 19 years proposed by Boeing. President Biden had previously urged both parties to reach a mutually beneficial deal.
Source: YAHOO
Reported 6 months ago
Chile's Finance Minister Mario Marcel expressed hope that the SQM and Codelco deal for a lithium partnership will be signed by the self-imposed deadline. The agreement is crucial for Chilean President Gabriel Boric's agenda to increase state control in key assets and boost lithium production. Despite obstacles from SQM's shareholders and lawmakers, the deal aims to enhance battery metal production for future supply assurance while transitioning away from fossil fuels.
Source: YAHOO
Reported 6 months ago
Analysts have adjusted the stock price target for HP Inc. after the company's second-quarter earnings call, where they highlighted the impact of AI personal computers on sales. HP CEO Enrique Lores mentioned the introduction of new AI PCs and their expected impact on sales growth, leading to a nearly 17% increase in HP Inc. shares. Analysts from JPMorgan, Citi, Wells Fargo, and TD Cowen revised their price targets for HP Inc., citing the positive results and the company's progress in operational efficiency and product innovation in the AI and hybrid era.
Source: YAHOO
Reported 6 months ago
Elizabeth Debicki recently attended the Met Gala and reflected on sitting between Jude Law and Matt Damon, humorously referring to it as being in a "Ripley sandwich." She also discussed her experience at the gala, her Emmy campaign for her role as Princess Diana in "The Crown," and her upcoming projects, including her horror film debut in "MaXXXine." Debicki expressed gratitude for her time with "The Crown" and her surprise at winning awards for her performance.
Source: YAHOO
Reported 6 months ago
Oil prices fell for a third consecutive day as oversupply concerns were highlighted before an upcoming OPEC+ meeting, with Brent crude near $82 and West Texas Intermediate below $78 a barrel. The market is anticipating potential output cuts from OPEC+ members, including the possibility of restrictions lasting into 2025. Traders are also monitoring signals of increased US consumption during the summer driving season.
Source: YAHOO
Reported 6 months ago
The Malaysian ringgit has outperformed other Asian currencies in the past three months and is predicted to continue strengthening, with market strategists forecasting a rise to 4.65 per dollar by year-end from the current 4.7050. Factors such as increasing foreign inflows, income repatriation by state firms, growing current-account surplus, and improved export prospects contribute to this positive outlook. Analysts believe that regulatory measures and a more favorable global economic environment will support the ringgit's upward trajectory, despite potential risks from US-China trade tensions. Overall, optimism surrounds the ringgit’s potential for further appreciation, with predictions of it strengthening to 4.64 by the end of the year.
Source: YAHOO
Reported 6 months ago
媒體揭露、民事及刑事審判等調查揭示，唐納德·川普在商業生涯中多次挑戰法律底線，如今付出代價，最近於紐約被陪審團裁定34項操纵商業記錄的指控有罪。這起涉及風暴女郎案件的判決揭露了川普原來應繳付給女郎130,000美元的「安靜金」，卻偽裝成合法支出在公司賬冊上。此外，他還面臨其他罪行的控訴，包括低估資產與稅務欺詐等，顯示了他的詐騙習慣和對商業信譽的損害。
Source: YAHOO
Reported 6 months ago
In late May, the US stock market experienced renewed volatility with tech and other industries rotating. The S&P 500 saw a 1% rise, its best month since February, despite earlier dips, hinting at potential challenges when other sectors catch up. Treasuries extended gains, marking the best month so far in 2024. The report was seen as 'marginally dovish,' potentially leading to lower rates. Technology shares, which have been overextended, may indicate an upcoming correction. Hedge funds reached record exposure to US tech giants, and strong early-year market performance suggests continued success in 2024's second half. Inflation remains a key concern for the Federal Reserve, with signs of consumer spending slowing down.
Source: YAHOO
Reported 6 months ago
The article provides details on how to watch the IndyCar Chevrolet Detroit Grand Prix taking place on June 2, 2024. The race will be broadcasted on USA and streaming on Peacock, with a pre-race show and post-race analysis available. It highlights key drivers like Alex Palou and Josef Newgarden, new faces in the lineup, start times, schedules, and other essential information for fans to follow the event, including weather forecasts and race distances.
Source: YAHOO
Reported 6 months ago
Shares of Trump Media & Technology Group dropped 6.5% after a New York jury convicted former President Donald Trump for falsifying documents related to a hush money payment. Trump Media shares fell to $48.44 from $51.84, with a valuation of $9 billion. The company's stock has been volatile since its Nasdaq debut on March 26 after merging with a SPAC, with the highest close at $66.22 and the lowest at $22.84, amid expectations of Trump's formal nomination for president at the Republican National Convention in July.
Source: YAHOO
Reported 6 months ago
Two Citgo oil executives, Alirio and Jose Luis Zambrano, who were detained in Venezuela for almost five years, have filed a lawsuit against their former employer, Citgo, seeking over $400 million. The lawsuit alleges that Citgo conspired to deceive them into traveling to Venezuela under false pretenses and then abandoned them as they faced harsh prison conditions and false accusations. The executives were among the so-called Citgo 6 convicted on questionable charges. The lawsuit claims that Citgo aided in their arrest and failed to support their defense efforts. This legal action comes amid Citgo's sale proceedings to repay creditors.
Source: YAHOO
Reported 6 months ago
Javier Mendez, head coach of Islam Makhachev, believes that Ilia Topuria should not rush for a lightweight title shot against Makhachev, preferring Makhachev to move up in weight for bigger challenges. Mendez respects Topuria's skills but feels there are better fights for Makhachev. He emphasizes that in the end, it's the promotion that decides the matchups, not the fighters' preferences. Mendez suggests Topuria defend his belt and highlights the importance of respecting past champions like Alexander Volkanovski in the UFC.
Source: YAHOO
Reported 6 months ago
Madonna's 27-year-old daughter, Lourdes Leon, turned heads with a recent Instagram Story selfie where she posed in a distressed black dress with revealing cutouts, paired with black boots, a cross necklace, and a belly button piercing. The photo, later shared by a British tabloid, showed Leon's bold fashion choice while in Spain. Leon has been actively involved with her mother's music career, recently joining Madonna on stage during her Celebration Tour which began in 2023.
Source: YAHOO
Reported 6 months ago
Lenny Kravitz, in a recent interview, shared about his celibacy and struggles with relationships, attributing it to a spiritual choice and personal growth. The renowned musician also talked about his health regimen, dedication to fitness, acceptance of aging, and the release of his latest album, 'Blue Electric Light.'
Source: YAHOO
Reported 6 months ago
At the 2024 SEC administrative meetings, college leaders are left with more questions than answers regarding the NCAA settlement and new athlete compensation model. The key issue revolves around how Title IX impacts revenue distribution to athletes, particularly in terms of back damages allocation from plaintiff attorneys, as SEC presidents express concerns about future payments and compliance with Title IX regulations for equal opportunities and benefits for male and female athletes. The uncertainty lies in whether Title IX should apply to market-based NIL deals, with discussions also focusing on potential legal challenges and the need for an enforcement arm to regulate third-party payments in the evolving compensation model.
Source: YAHOO
Reported 6 months ago
Paramount+將不再推進基於Hasbro角色扮演遊戲系列的直播動作劇'Dungeons & Dragons'，Hasbro Entertainment計劃在項目經過創意改動後將系列作品推銷給其他潛在買家，此舉將包括新的創作團隊，而這次變動是由於“創意分歧”。該系列是eOne和派拉蒙影業的聯合製作，eOne擔任主導工作室，並且有一集的試播集由Rawson Marshall Thurber編劇和執導。
Source: YAHOO
Reported 6 months ago
Former President Trump's adviser, Chris LaCivita, criticized former Maryland Gov. Larry Hogan's remarks before the verdict in Trump's hush money case, stating that Hogan has ended his campaign with those comments. Hogan, running for U.S. Senate in Maryland, emphasized respect for the legal process regardless of the outcome. LaCivita, overseeing the RNC's operations, fired back at Hogan for his stance, indicating the potential end of his campaign. Hogan, a vocal Trump critic, aims to win a Senate seat in the blue-leaning state by appealing to a diverse voter base and maintaining his status as an independent voter.
Source: YAHOO
Reported 6 months ago
New York Yankees starting pitcher Clarke Schmidt has been placed on the 15-day injured list due to a right lat strain, with a retroactive date of May 27. Schmidt, who had a 2.52 ERA this season, could potentially return on June 11 depending on the severity of the injury. In his absence, reliever Cody Morris has been called up to take his spot on the roster.
Source: YAHOO
Reported 6 months ago
C3.ai（AI）主席兼首席执行官Tom Siebel表示公司在人工智能领域已经有15年的历史，并且他指出了当前市场中围绕人工智能基础设施的狂热。有分析师表示C3.ai 在第四季度收益超出预期，其中包括循环购买商务用户的 hmac 软件包，报告称公司在当季加快了订阅增长，证据显示向基于使用的收入模型迁移的阻力正在减弱。然而，C3.ai 的估值相对同行仍然较高。
Source: YAHOO
Reported 6 months ago
Madonna is facing a lawsuit from a fan over her Celebration World Tour, with claims that concertgoers were exposed to inappropriate content without warning. The fan alleges that Madonna and Live Nation withheld information about delayed start times, uncomfortable temperatures, and explicit performances. The lawsuit also accuses Madonna of engaging in deceptive business practices and disrespecting her fans. Madonna's legal team previously filed a motion to dismiss claims from two fans regarding late start times on the tour.
Source: YAHOO