Tag Archives: lays

The box office is gearing up for a busy fourth quarter following a strong showing in Q3. Current estimates see $2.1 billion in Q4 ticket sales, according to Box Office Pro, with a full-year haul of $7.5 billion. Increased momentum, coupled with upcoming blockbusters like “Black Panther: Wakanda Forever” and “Avatar: The Way of Water,” should help shoulder some of that demand. Analysts highlighted that a lack of movie supply, triggered by COVID-19 production headwinds, is the biggest issue… Source link

Dan Loeb is once again bullish on Disney (DIS). According to a letter the activist investor sent to CEO Bob Chapek, Loeb’s Third Point has repurchased “a significant stake” in the media giant, causing shares to rise 2%. Loeb, who previously held a stake in the company from 2020 to early 2022, praised Disney’s positive Q3 earnings results, citing strength in Disney’s streaming business. “We’re particularly pleased to see the strength in DTC subscriber growth, the key driver of Disney’s… Source link

The 2022 Rivian R1T.Tim Levin/Insider Layoffs at EV startup Rivian began this week. The company is cutting costs amid its production ramp-up and concerns about the economy. Former employees are posting on LinkedIn about the cuts, which impacted non-manufacturing roles. Layoffs at Rivian started in late July as the electric vehicle startup races to cut costs amid a challenging economic climate and pressure to increase production. Dozens of workers who say they are now-former employees have… Source link

The White House announced a plan to distribute COVID-19 vaccines for younger children — once authorized — ahead of next week’s FDA advisory meeting. The plan follows a similar strategy as those for adult and older kids’ vaccinations, including making doses available at pharmacies, hospitals, doctors offices and health clinics. “The Administration’s vaccination program for America’s youngest children will focus on addressing the specific needs of this age group and their… Source link

Yandex, the multi-billion dollar Russian tech company that’s been operating a small fleet of autonomous vehicles in Ann Arbor, Michigan, laid off over two dozen US-based workers earlier this month, claiming that its vehicle licenses were suspended by Michigan’s state regulators, The Verge has learned. But Michigan says this just isn’t true. In the days following Russia’s invasion of Ukraine, Yandex paused its AV testing in Ann Arbor, as well as its tests with six-wheeled delivery… Source link

Former Vice President Mike Pence has spent the past week outmaneuvering Donald Trump, his old boss and potential 2024 primary opponent. Shortly after the plane Trump was flying on last weekend was forced to land due to an engine failure, Pence flew to Israel on the private jet of the GOP’s most prized donor, Miriam Adelson. And while Trump was avoiding criticizing Russian President Vladimir Putin in a call-in interview with Fox News host Sean Hannity, Pence and his wife, Karen, flew to the… Source link

Lay’s is getting into the specialty liquor game with a new potato vodka for the holiday season. The Pepsico-owned (PEP) brand unveiled the limited-edition booze on Thursday, in an effort to deliver “new and innovative ways to bring joy and fun” to fans, according to Melissa Miranda, Frito-Lay North America’s senior director of marketing. The 750 milliliter bottle, made in collaboration with Portland-based Eastside Distilling, contains a blend of Portland Potato Vodka and vodka distilled from… Source link

Saule Omarova, President Joe Biden’s , sketched out the possibility of “scary” scenarios emerging in cryptocurrency, but faced a mix of skepticism and agreement from senators on her views. During her appearance before the Senate Banking Committee on Thursday, Omarova — who is being vetted to be the next Comptroller of the Currency, which regulates the majority of the nation’s banks — voiced concerns that large tech companies could control the payment infrastructure in the U.S. if… Source link

Jalen Johnson is out at Duke. His exit didn’t win him many fans. (Ethan Hyman/The News & Observer via AP) Jim Boeheim has never been shy about sharing his opinion about players both inside and outside his program, and that includes players on the way out. The Syracuse coach addressed the recent opt-out of Duke freshman Jalen Johnson on Thursday. He did not seem to think highly of the move, nor the player: Jim Boeheim on Duke star freshman Jalen Johnson’s decision to opt-out: “That guy was… Source link

An official MLS ball sits on a stand during a game between the FC Dallas and the Nashville SC in August. (Matthew Pearce/Getty Images) Major League Soccer on Thursday laid off 20 percent of full-time employees at its New York City headquarters as the financial impact of the global coronavirus pandemic on sports continues, multiple sources told Yahoo Sports. Jonathan Tannenwald of the Philadelphia Inquirer first reported the layoffs on Twitter. One source with knowledge of the details told… Source link