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Morgan Stanley accompanied the move by cutting its price target to $100 from $120. His $185 price target, up from $160, forecasts that shares of Take-Two could rally 23% from Wednesday's close. — Lisa Kailai Han 5:55 a.m.: Bernstein initiates Ford at an outperform rating Investors who don't own Ford are missing out, according to Bernstein. — Lisa Kailai Han 5:55 a.m.: JPMorgan upgrades Hasbro Don't expect Hasbro's momentum to slow in the near future, according to JPMorgan. It also raised its price target on shares to $74 from $61, implying upside of 22%.

Persons: Bernstein, Morgan Stanley downgrades NetEase, Morgan Stanley, Alex Poon, Poon, Lisa Kailai Han, Omar Dessouky, Dessouky, — Lisa Kailai Han, Sam Poser, Sean Dodge, Dodge, GoodRx, Ford, Daniel Roeska, Roeska didn't, Roeska, Christopher Horvers, Fred Imbert Organizations: CNBC, Ford, JPMorgan, Hasbro, NetEase, Bank of America, Rockstar Games, Rockstar, Supreme, Corp, Trading, EMEA, Timberland, RBC, RBC Capital Markets, pharma, Kroger Locations: China, Wednesday's, Americas

☆ Netflix's most-watched series and movies slumped in viewership in its latest engagement report
▼ + stars: | 2024-05-23 | by ( Lucia Moses | ) www.businessinsider.com time to read: +1 min

K drama "King the Land" topped Netflix's new engagement report with 630 million hours watched. "The Night Agent: Season 1" led the first report in 2023 with 812 million hours viewed. Netflix's engagement reports show a slight decrease in total view time as it aims at advertisers. The K drama "King the Land" was the most viewed title in the streamer's new engagement report, with more than 630 million hours watched in the second half of 2023. That figure is notably smaller than "The Night Agent: Season 1," which topped Netflix's first engagement report covering the first half of 2023 with more than 812 million hours watched.

Persons: —, Ginny Organizations: Service, Netflix, Business Locations: Georgia

☆ This under-the-radar tech stock will get a boost from Netflix's new advertising strategy
▼ + stars: | 2024-05-16 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

A little-known technology stock could win big from Netflix 's shift in advertising strategy. The streaming giant announced Wednesday that it plans to debut its own advertising platform and partner with companies such as The Trade Desk and Magnite as its global ad-tier reaches 40 million monthly subscribers worldwide. While the partnership may take time to ramp up, Citi's Ygal Arounian estimates that it could add $500 million in 2025 gross billings to The Trade Desk. Every 10% of business funneled through The Trade Desk by 2026 could generate 2% upside to revenues, he estimates. "We also highlight TTD's scarcity value as the only scaled independent [demand-side platform] and its leadership in the highly-coveted CTV category."

Persons: Piper Sandler, Matt Farrell, Farrell, Morgan Stanley's Matthew, Chris Kuntarich Organizations: Netflix, billings, The, CTV, UBS

A fast food stock and Nvidia were among the stocks being talked about by analysts on Wall Street. RBC assumed coverage of Jack in the Box with an outperform rating and a price target that implies more than 40% upside. Ransom's $10 price target implies about 37.6% potential upside for the stock, which has gained 8.5% this year. Mailk said he likes the buy-rated stock on "secular AI growth opportunities" and maintained his $1,030 price target. New Street Research maintained its buy rating and $1,100 price target ahead of the quarterly print.

Persons: Jack, Piper Sandler, GoodRx, Raymond James Raymond James, John Ransom, — Pia Singh, Tesla, Dell, Amit Daryanani, Daryanani, Wolfe, Chris Caso, Caso, INTC, Coupang, Jennifer Han, Han, that's, Nvidia's, Piper Sandler's Harsh Kumar, Kumar, Blackwell, Atif Malik, Mailk, Pierre Ferragu, Logan Reich, JACK YTD, Fred Imbert Organizations: CNBC, Nvidia, Wall, RBC, Citi, New, Research, Kroger, pharma, Dell, DELL, Wolfe Research, Intel, UBS, Blackwell, RBC Capital Markets Locations: Korea

☆ Why Netflix's new NFL deal has some sports fans crying foul
▼ + stars: | 2024-05-15 | by ( Lucia Moses | ) www.businessinsider.com time to read: +1 min

Netflix secured a three-season deal with the NFL to air two games on Christmas. The deal boosts the streamer's ad business, appealing to advertisers seeking live sports audiences. NFL games will now be spread across seven platforms, potentially raising costs for fans. AdvertisementScore one for Netflix, which just announced a three-season deal with the NFL and will show two of the league's games on Christmas this year. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Netflix, NFL, Service, Business

☆ From Mike Tyson-Jake Paul fight to NFL games, Netflix interest in live sports is rising
▼ + stars: | 2024-05-12 | by ( Julie Coleman | ) www.cnbc.com time to read: +7 min

The company has also leaned into live comedy shows, broadcasting a slew of events including the recent roast of Tom Brady. But on its most recent earnings call in April, co-CEO Ted Sarandos said Netflix isn't "anti-sports, but pro-profitable growth." Conway teaches courses about sports leadership and management, and he spent much of his career as a marketing executive for two Major League Baseball teams. Over the past few years, Apple has bought the rights to air Major League Baseball and Major League Soccer games. CNBC reported last year that Netflix, as well as Amazon, Apple, Comcast's NBCUniversal/Peacock, had expressed potential interest in a contract.

Persons: Rafael Nadal, Tom Brady, Sarandos, Ted Sarandos, Mike Tyson, Jake Paul, Marty Conway, Conway, Needham, Laura Martin, Martin, Brandon Katz, Katz, NBCUniversal, Peacock, William Mao, Octagon, Tyson, Paul, Mao Organizations: Netflix, WWE, Georgetown University, Major League Baseball, Apple, Disney, Warner Bros . Discovery, Fox, Warner Bros, Major League Soccer, National Football League, National Basketball Association, CNBC, NFL, NBA, Comcast

☆ Equinox's new $40,000 membership promises to help you 'live 100 healthy years.' Longevity experts say doing these 4 simple things will work just as well.
▼ + stars: | 2024-05-08 | by ( Serafina Kenny | ) www.businessinsider.com time to read: +6 min

Read previewA luxury gym chain is launching a program costing $40,000 a year that it says will help clients to boost their longevity. But experts told Business Insider you don't need to spend thousands of dollars to enjoy a long, healthy life. The program, which will later be available in other states, aims to help customers "live 100 healthy years," Jonathan Swerdlin, co-founder of Function Health, told CNBC. Research suggests that weight, or strength, training is beneficial for longevity because it builds muscle mass, which helps maintain strength and mobility into older age. One 2022 study found that those who did 30 minutes of strength training a week were 10% to 20% less likely to die from chronic illnesses, such as heart disease, diabetes, and cancer.

Persons: —, Jonathan Swerdlin, Maveron, Dan Belsky, Robert N Butler, Michael Snyder, Snyder, Belsky, Virend Somers Organizations: Service, Function, CNBC, Business, Consulting, of Labor, Robert N Butler Columbia Aging Center, Center for Genomics, Medicine, Stanford University, Research, Mayo Clinic Locations: New York City, Highland Park , Texas

☆ Netflix is shifting strategy away from big-budget action flicks and big-name stars. Here's its new plan.
▼ + stars: | 2024-04-14 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Dan Lin, Netflix's new film chief, wants to diversify its movie offerings. Dan Lin, the company's new film chief, now wants to change that, according to The New York Times. Netflix's previous film chief, Scott Stuber, left the company in January following clashes with bosses over what kinds of films to produce. AdvertisementLin quickly went to work reorganizing the company's film department, laying off 15 of its 150 film department staff, and reorganizing the department by budget rather than genre, according to the outlet. Lin also "indicated that Netflix is no longer only the home of expensive action flicks featuring big movie stars."

Persons: Dan Lin, —, Mark Wahlberg, Wahlberg, Critics, Robert P, Scott Stuber, Bela Bajaria, Bajaria, Lin Organizations: Service, Netflix, The New York Times, Business, Rotten, Times

☆ Jennifer Pan was found guilty of conspiring to kill her parents. Here's where she is now.
▼ + stars: | 2024-04-10 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

Jennifer Pan is the subject of the new Netflix true crime documentary, "What Jennifer Did." AdvertisementNetflix's new true crime documentary, "What Jennifer Did" explores the true story of Jennifer Pan, a Canadian woman who allegedly hired people to kill her parents. Jennifer Pan in police interview footage, as seen in "What Jennifer Did." Huei Hann Pan and Bich Ha Pan in a photo displayed in "What Jennifer Did." The retrial is only in reference to the first-degree murder charge — not the attempted murder charge in relation to her father.

Persons: Jennifer Pan, Jennifer Did, Pan, She's, —, banister, Karen K, Ho, Bich, Huei Hann Pan, Daniel Wong, Wong, Leonard Crawford, Crawford, Hann, Jennifer, Pan's, David Mylvaganam, Felix ., Huei Hann Organizations: Netflix, Service, Netflix Police, Toronto, CBC, Ontario Appeal, Markham Economist, Sun, Canada Locations: Canadian, Toronto, Canada, Ontario

☆ Ahead of sentencing, SBF team argues for 5-6 years in jail because FTX customers will get money back
▼ + stars: | 2024-03-27 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +3 min

Bankman-Fried's fate will be announced in Manhattan on Thursday morning by Judge Lewis Kaplan, who presided over the monthlong trial in November. Bankman-Fried was found guilty of seven charges tied to the collapse of crypto exchange FTX and the roughly $10 billion of customer deposits that went missing. Lawyers representing the bankruptcy estate of FTX told a judge in Delaware last month that they expect to fully repay customers and creditors with legitimate claims. Bankman-Fried's defense team has asked the court for a sentence in the range of 63 to 78 months. Beyond the fact that he's a "first time, nonviolent offender," attorneys for the FTX founder largely lean on the argument that Bankman-Fried's risky bets paid off and the bankruptcy estate expects to fully repay FTX customers.

Persons: Sam Bankman, Fried, Judge Lewis Kaplan, Kaplan, FTX, Andrew Dietderich, —, John Ray III, Michael Kives Organizations: K5 Global, SpaceX Locations: Manhattan, Delaware, Alameda, Bankman, Palo Alto , California

☆ The creators of '3 Body Problem' offered Barack Obama a cameo after learning he was a big fan. He turned it down in the best way possible.
▼ + stars: | 2024-03-17 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

Barack Obama turned down an offer to appear on Netflix's new sci-fi series "3 Body Problem." Creators David Benioff and DB Weiss tried to get him for a cameo as he is a fan of the novel. AdvertisementJin Cheng (Jess Hong) and Jack Rooney (John Bradley) star in "3 Body Problem." "3 Body Problem" is the most ambitious project from Benioff and Weiss since "Game of Thrones" wrapped with its eighth season in 2019. AdvertisementPer USA Today, Obama hasn't put in a request to check out "3 Body Problem" early.

Persons: Barack Obama, David Benioff, DB Weiss, —, Alexander Woo, John Bradley, Liam Cunningham, Eiza González, Benedict Wong, Jonathan Pryce, Benioff, Weiss, Jin Cheng, Jess Hong, Jack Rooney, Ed Miller, Obama, Liu Cixin, Barack Obama Spencer Platt, Obama hasn't Organizations: Service, Netflix, USA, The New York Times Locations: Benioff

☆ 9 details you may have missed in Netflix's 'The Gentlemen' TV series
▼ + stars: | 2024-03-07 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

Netflix's "The Gentlemen" is a spin-off from Guy Ritchie's movie of the same name. The series focuses on an aristocrat who stumbles into the criminal underworld when his father dies. Here's nine details you might have missed in "The Gentlemen." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIf you're a fan of Guy Ritchie's "The Gentlemen," you might be wondering whether Netflix's new spin-off series shares any similarities with the 2019 movie.

Persons: Guy Ritchie's, —, Matthew McConaughey, Mickey Pearson, Mickey doesn't, Eddie Horniman, Theo James Organizations: Service, British

☆ As Sam Bankman-Fried awaits prison sentence, FTX customers await a surprise: full repayment
▼ + stars: | 2024-02-10 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +8 min

Government exhibit in the case against former FTX CEO Sam Bankman-Fried. Lawyers representing the bankruptcy estate of FTX told a judge in Delaware last week that they expect to fully repay customers and creditors with legitimate claims. After the dust settled from FTX's bankruptcy, Solana saw a huge run-up in its price, and it continued to rally after the September report. The bankruptcy estate of FTX has been looking to sell its Anthropic stake, according to a court filing this month. For FTX customers, being made whole, according to a judge's ruling, means getting the cash equivalent of what their crypto was worth in November 2022.

Persons: Sam Bankman, Fried, FTX, Andrew Dietderich, —, Joseph Bankman, Barbara Fried, Brendan Mcdermid, John Ray III, Michael Kives, Braden Perry, FTX's, Ray, we're, It's, Solana, Lewis Kaplan, Elizabeth Williams, Michael Lewis, Lewis, IOUs, Perry, SBF, Renato Mariotti, Mariotti Organizations: Bankman, Federal Court, Reuters, K5 Global, SpaceX, Commodity Futures Trading Commission, CNBC, Alameda Research, U.S . Justice Department's Securities, Commodities, SEC Chari Locations: FTX, Delaware, Plenty, Palo Alto , California, New York City, U.S, Bankman, Solana, Alameda, FTX's, Anthropic, New York, Brooklyn

☆ Elon Musk's SpaceX was the satellite villain of the skies. It's taking a 'money hit' to try and fix the problem.
▼ + stars: | 2024-02-07 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

Read previewNEW ORLEANS — When SpaceX launched its first Starlink satellites, astronomers all over the world freaked out and the company quickly became a villain of the skies. Nonetheless, Starlink satellites — now more than 5,000 strong — are streaking across astronomers' views of the cosmos, ruining their data. SpaceX leads the way for changeA satellite trail streaks in front of galaxies in this image from the Hubble Space Telescope. The visors were a regular feature for many Starlink satellites until SpaceX added laser communications. AdvertisementChris Hofer, international team lead for Amazon's Project Kuiper internet satellites, told the astronomers in New Orleans that SpaceX's Starlink tinkering has been helpful.

Persons: —, James Lowenthal, Lowenthal, SpaceX isn't, Jonathan McDowell, McDowell, that's, Patricia Cooper, Elon Musk, Slaven Vlasic, They're, Chris Hofer, Hofer, Kristina Barkume, Barkume Organizations: Service, SpaceX, New York Times, Business, Times, Hubble, Telescope, NASA, ESA, American Astronomical Society, International Astronomical Union, CPS, Planet Labs, Amazon Locations: New Orleans

☆ X is aiming to be the next hub for sports betting, report says
▼ + stars: | 2024-01-27 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

X partnered with BetMGM to show sports betting stats on the site, Fortune reported. The deal, the financial terms of which were not disclosed, comes two weeks before Super Bowl LVIII. X plans to roll out a new sports betting feature after inking a deal with the digital gambling platform BetMGM, Fortune reported. These bets will largely take the form of proposition wagers or "prop bets" related to in-game happenings unrelated to the game's outcome. AdvertisementThe Super Bowl is a massive traffic draw for X — so much so that the site briefly crashed during Rihanna's halftime show last year.

Persons: X, BetMGM, —, you'll, Fortune, Carl Johnson, Beau Rivage, Usher Organizations: Service, MGM Resorts International, Las, MGM, GVC Holdings, Business, CNN, Kansas City Chiefs, Baltimore Ravens, Detroit Lions, San Francisco 49ers Locations: Las Vegas, Bellagio, Mandalay Bay, BetMGM .

☆ The future of the American amusement park in a Disney, Universal dominated world of thrills
▼ + stars: | 2024-01-27 | by ( Kevin Williams | ) www.cnbc.com time to read: +14 min

Eric Thayer | Bloomberg | Getty ImagesThe theme park business, like many others, is consolidating and changing along with consumer habits. Coney's closing ended an era for Cincinnati-based theme park consultant Dennis Speigel. And there's an underlying rationale for the deal related to what's occurred on the national theme park landscape in recent decades. watch nowA more consistent ride at Cedar Fair Comparatively, Cedar Fair has seen its attendance decline from 22.9 million visitors in the first nine months of 2019 to 20.9 million in 2023. "Disney and Universal have theme parks in several global markets and are considered destination resorts," Baker said.

Persons: Eric Thayer, Knotts, Looney, Richard Zimmerman, Selim Bassoui, Universal, Dennis Speigel, Speigel, Don Helbig, Helbig, Zimmerman, Bassoul, David Katz, Jeffries, It's, Katz, Salim, Berry, Stifel, Carissa Baker, Baker, Dallas restauranteur Shannon Wynne's, Wynne, Wynne's, Angus, Louis, Texans haven't, hadn't, Elizabeth Ringas, Ringas, it's Organizations: Bloomberg, Getty, Disney, Comcast's, Cedar Fair, Flags, Looney Tunes, Marvel, Cedar, Department of Justice, Fair, Dominion, Universal, Google, Dell, Six, Revenue, Cedar Fair Entertainment, Six Flags Entertainment Corp, Getty Images Bloomberg, SIX, University of Central, SeaWorld, Paramount Parks, Premier Parks for Six, Seaworld, Dallas, Texans, American, Enthusiasts, Comcast, CNBC Locations: Valencia , California, Florida, Cincinnati, Coney Island, York, Coney's, Coney, Kings, Virginia, New York, North America, Buena Park , California, Americas, University of Central Florida, Texas, Dallas, Greater Atlanta, St

☆ We tried Jack in the Box's first new burger in 8 years, and it's way better than a Big Mac
▼ + stars: | 2024-01-24 | by ( Anneta Konstantinides | Nancy Luna | ) www.businessinsider.com time to read: +1 min

Jack in the Box's new Smashed Jack burger was an instant hit, selling out in two weeks. It took two years to develop the Smashed Jack — the chain's first new burger in eight years. AdvertisementSmashed Jack, the first new burger by Jack in the Box in eight years, is already smashing expectations. The chain sold 70,000 Smashed Jacks in just one day, and in two weeks, the burger was sold out everywhere . What's so special about the Smashed Jack, and is it worth all the hype?

Persons: Jack, Jack —, Burger King, —, Anneta Konstantinides, Nancy Luna, What's Organizations: Service Locations: Burger

☆ Julie and Jake flirted their way through Netflix's 'The Trust,' but did they actually date after filming? Here's what we know about their relationship today
▼ + stars: | 2024-01-19 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +3 min

Julie Theis and Jake Chocholous started to build a romantic rapport in the first several episodes of "The Trust." And in turn, it started to affect the game: In episode three, Julie chooses to vote to eliminate Simone, fearing that Jay is going to vote Jake out. Eventually, Julie chooses to disclose some of that information to Jake, leading the other women to begin to distrust her. Jake and Julie are playing coy about their relationship on InstagramBoth Jake and Julie still follow each other on Instagram ahead of the finale, but they're being coy about the status of their relationship. @jakechocholous/InstagramAnother follower explicitly asked him whether or not he had a relationship with Julie.

Persons: —, Julie Theis, Jake Chocholous, Jake, Julie, Simone, Jay, she's, Jake hasn't, coy, Jake nodded Organizations: Service, Business, coy, Netflix, Cosmopolitan

☆ Bryce Lee, the controversial millionaire contestant on Netflix's 'The Trust,' apparently went on the show not realizing he was competing for money
▼ + stars: | 2024-01-19 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +7 min

Bryce Lee, a real-estate agent, competed in Netflix's new reality show despite already being a millionaire. Lee told Business Insider he was unaware of the $250,000 prize when he signed up. Advertisement"The Trust" contestant Bryce Lee faced backlash from his fellow competitors after revealing midway through the season that he was already a millionaire. Lee told Business Insider that he was sought out by the casting team of "The Trust" but was not told about the conditions of the game. Courtesy of NetflixYou didn't reveal you were the secret millionaire until episode four.

Persons: Bryce Lee, Lee, —, Brooke Baldwin, they're, doesn't, Jake Chocolous, there's, I've, Julie Theis, Julie, Theis, didn't, that's, Netflix didn't Organizations: Business, Service, Netflix Locations: Washington

☆ What to know about Michelle Keegan, the British star of Netflix's hit thriller 'Fool Me Once'
▼ + stars: | 2024-01-17 | by ( Eammon Jacobs | ) www.businessinsider.com time to read: +1 min

Michelle Keegan leads Netflix's new thriller "Fool Me Once." Based on Harlan Coben's book, it follows a grieving widow who sees her dead husband on a nanny cam. Here's what you need to know about Keegan. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Many fans were also left wanting more of Keegan, the thriller's captivating lead.

Persons: Michelle Keegan, Netflix's, Harlan Coben's, —, Harlan Coben, Maya Stern, Joe, Richard Armitage, Maya, Keegan Organizations: Keegan, Service

☆ Breaking down the final scene of Netflix's new hit movie, 'May December'
▼ + stars: | 2023-12-04 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +5 min

The movie follows an actor (Natalie Portman) shadowing a woman (Julianne Moore) she'll be playing in a movie. Advertisement"May December" hit Netflix on Friday, and the drama already has audiences buzzing — largely because of the movie's final scene. Here, director Todd Haynes ("Far from Heaven," "Carol") examines actor Elizabeth Berry's (Natalie Portman) preparation to undertake her biggest role yet. Throughout the movie, we watch Elizabeth go deep into research. AdvertisementThe final shot also conveys to the audience that the movie Elizabeth is starring in isn't very high-end.

Persons: Natalie Portman, Julianne Moore, she'll, —, Todd Haynes, Carol, Elizabeth Berry's, Gracie Atherton, Joe, Charles Melton, François Duhamel, Netflix Natalie Portman, Elizabeth, Gracie, Georgie, Cory Michael, Smith, Netflix Elizabeth, That's, Georgie's, Haynes, she's, Mary Kay Letourneau, Letourneau, Fualaau Organizations: Service, Netflix Locations: Savannah , Georgia, Savannah, isn't

SpaceX launched Starship and its Super Heavy booster toward space for the second time on Saturday. Sitting atop its stainless steel Super Heavy booster, Starship stands nearly 400 feet tall. If Starship did reach space on Saturday, it is the largest and most powerful launch system to ever do so. AdvertisementSpaceX's explosions aren't necessarily failure in Musk's eyesThe complete Starship-Super Heavy system first attempted to reach space in April. AdvertisementIt took seven months to make all those adjustments, regain regulatory approval for flight, and prepare to launch Starship a second time.

Persons: Elon Musk, —, Elon, John Insprucker, SPadre.com livestreams, Gene Blevins, Yusaku Maezawa, That's, it's Organizations: SpaceX, Super, NASA, Service, Elon Musk's, Reuters Locations: Boca Chica , Texas, of Mexico, SPadre.com

☆ Netflix's side quest: A deep dive into its ambitious plans to become a gaming giant
▼ + stars: | 2023-10-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix's side quest: A deep dive into its ambitious plans to become a gaming giantNetflix has quietly been building out a library of more than 70 video games as part of an ambitious new push to become a gaming giant, testing out a cloud gaming service and posting job openings for its first big-budget, blockbuster game. But it's a notoriously tough market to break into, one that many tech and media giants have tried at and failed. The undertaking is just one of a slew of new business lines that the Netflix has been experimenting with, and they're more important than ever as its stock lags behind the megacaps it used to be on par with. This week on Tech Check, we dive into Netflix's new side quest.

Organizations: Netflix, Tech

(AP) — CSX reported a 24% drop in the railroad's third-quarter profit Thursday as it hauled 2% less freight, but the CEO said customers are noticing that its trains are running more smoothly. The Jacksonville, Florida-based railroad said it earned $846 million, or 42 cents per share, in the quarter. Hinrichs said customers are noticing that the railroad's service has been consistently better over the past year, and that is opening the door to more conversations about increasing the amount they ship on the railroad. Three CSX employees have died on the job since June, prompting unions to call for better training and a review of the use of remote-control locomotives. CSX is one of the nation’s largest railroads, operating trains on more than 20,000 miles (32,000 kilometers) of track in 23 Eastern states and two Canadian provinces.

Persons: ”, Joe Hinrichs, Hinrichs, Mike Cory Organizations: — CSX, FactSet Research, CSX, ” Revenue Locations: OMAHA, Neb, Jacksonville , Florida

☆ Hollywood's AI issues are far from settled after writers' labor deal with studios
▼ + stars: | 2023-10-16 | by ( Drew Richardson | ) www.cnbc.com time to read: +2 min

The Writers Guild of America's labor deal with Hollywood studios was billed as a big win for writers, but industry experts fear the agreement's artificial intelligence guardrails won't be enough. The contract does, however, leave room for studios to train AI using preexisting material. WGA's original May proposal, which triggered the strike, would have disallowed studios from using any materials to train AI outright. Hollywood studios training AI with preexisting materials could create a whole new set of issues for writers by allowing the studios to use previous work to generate similar materials without the writer's consent or even awareness. Allowing studios to train AI with preexisting material was a "punt" down the line, and studios will inevitably "push to use AI as far as possible," said Peter Csathy, founder and chairman of media legal advisory company Creative Media.

Persons: Justine Bateman, Leslie Callif, Donaldson, Callif, Peter Csathy Organizations: Writers Guild of America, The, Hollywood, CNBC, WGA, Alliance, Television Producers, Beverly, Creative Media Locations: Netflix's, York, New York City, Hollywood, Beverly Hills, U.S

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