In recent years, Disney’s media business has faced scrutiny due to losses in streaming combined with a decline in traditional pay TV. However, the tables seem to have turned with the company’s second-quarter results indicating a positive shift. The combined streaming services of Disney — Disney+, Hulu, and ESPN+ — made a quarterly profit of
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Disney has recently announced that it will be raising prices on its streaming platforms starting in mid-October. This decision will result in most plans for Disney+, Hulu, and ESPN+ costing $1 to $2 more per month. The most expensive plans for Hulu, especially those including live TV, will see a significant increase of $6 per
JPMorgan Chase, the first bank with a branch in all 48 contiguous states, is now focused on expanding further to reach more Americans in smaller cities and towns. The firm recently announced a new goal within its multibillion-dollar branch expansion plan to ensure coverage within an “accessible drive time” for half the population in the
Tadge Juechter, the “godfather” of the modern Corvette, recently retired from General Motors after nearly 47 years with the Detroit automaker. His impressive career with GM spanned decades, during which he played a crucial role in shaping the iconic American sports car. Juechter’s work culminated in the unveiling of the new 2025 Chevrolet Corvette ZR1,
The Summer Olympics in Paris have garnered significant attention from viewers in the U.S., with a major contributing factor being the presence of Snoop Dogg throughout the event. With a total audience delivery average of 34 million viewers over five days, the coverage has seen a 79% increase from the 2021 Tokyo Olympics. This surge
The 2024 Paris Olympics are proving to be a turning point for women’s sports, with lesser-known sports and women’s teams receiving significant financial backing. One of the notable contributions this year has been made to the USA women’s rugby sevens team. Investor Michele Kang announced a generous $4 million gift to support the team earlier
Eli Lilly’s weight loss drug, Zepbound, has recently shown promising results in patients suffering from a common type of heart failure and obesity. The late-stage trial data released by the company demonstrated that the drug not only aids in weight loss but also provides various health benefits that could potentially lead to broader insurance coverage
Moderna recently reported second-quarter revenue that exceeded expectations, but the company had to cut its full-year sales guidance due to various reasons. The lower expected sales in Europe, competitive respiratory vaccine market in the U.S., and potential deferred revenue into 2025 were cited as key factors. As a result, Moderna now anticipates 2024 product revenue
Ford Motor has recently revealed the redesigned version of its small pickup truck, the 2025 Ford Maverick. This updated model boasts a range of advancements, including enhanced technology, new performance options, and the introduction of a hybrid variant. The Maverick has enjoyed a surge in popularity since its initial launch in 2021, with sales and
Stellantis, the automaker formed through the merger of Fiat Chrysler and France’s PSA Groupe, has announced plans to reduce its U.S. employee headcount through a broad voluntary buyout program. The move comes as the company seeks to cut costs and improve profitability in the face of disappointing financial results. The voluntary separation program will be