A 24-inch tall, bronze bust sculpture of the late Charlie Munger was revealed at the Omaha Marriott last weekend during the Berkshire Hathaway annual meeting. The hotel was the preferred quarters for the investment legend whenever he visited his hometown and the Berkshire headquarters of his longtime partner, Warren Buffett. The sculpture, placed in the
The restaurant industry has faced numerous challenges over the past few years, with sales slumping and traffic declining as a result of customers cutting back on their spending. However, certain chains like Chipotle Mexican Grill, Wingstop, and Sweetgreen have managed to report strong sales this quarter, largely due to the patronage of high-income consumers. High-income
SoftBank Group, a Japanese technology investor, is anticipated to report a net loss for the January-March quarter, despite the strong performance of its core asset, Arm Holdings. Analysts and investors are eagerly awaiting insights into new growth investments, given SoftBank’s substantial liquidity and the possibility of monetizing its significant holding in Arm. While Arm Holdings
Get ready to mark your calendars for June 20, 2025, as the highly anticipated next installment in Danny Boyle’s 28 franchise, titled 28 Years Later, is set to hit theaters on that date. Directed by Boyle himself and written by Alex Garland, this sequel is expected to be a thrilling addition to the series. Fans
The debate over whether U.S. interest rates are high enough has deepened among Federal Reserve officials. This was highlighted after a key survey showed a significant jump in consumers’ inflation expectations. Dallas Fed President Lorie Logan expressed concerns about potential upside risks to inflation, uncertainties regarding the restrictiveness of current policy, and the need for
McDonald’s is looking to introduce a new $5 value meal in their U.S. stores, as reported by CNBC. This value meal is said to include four items: a choice of McChicken or McDouble sandwich, four-piece chicken nuggets, fries, and a drink. The move comes as fast-food chains face an increasingly challenging environment with consumers cutting
A recent federal judge in California made a decision to dismiss a lawsuit brought forth by X, which used to be Twitter, against Bright Data, a company based in Israel. The lawsuit revolved around the practice of data scraping, where automated programs extract publicly available information from websites. X alleged that Bright Data was scraping
Moderna, a biotech company, recently announced that the Food and Drug Administration (FDA) has pushed back the approval of its vaccine for respiratory syncytial virus (RSV) to the end of May. The delay was attributed to “administrative constraints” at the agency. The decision on the RSV shot was initially expected to be made on Sunday.
According to sources, the latest installment in the Planet of the Apes franchise, Kingdom of the Planet of the Apes, has had a promising start with previews raking in around $6.5 million. This includes earnings from Thursday night showings that began accumulating at 3 PM, as well as approximately $1.6 million from Wednesday fan screenings
Singapore’s Oversea-Chinese Banking Corp (OCBC) reported a better-than-expected 5% rise in first-quarter profit, surpassing market expectations. The bank’s net interest margin for the quarter slightly declined to 2.27% from 2.30% a year earlier. However, OCBC remains optimistic about its full-year forecast, expecting its net interest margin to be at the higher end of a 2.20%