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An oil pump jack at the New Harmony Oil Field in Grayville, Illinois, US, on Sunday, June 19, 2022. Oil prices fell early on Friday as investors responded to comments from U.S. Fed officials who said it was too soon to start considering rate cuts, and following a surprise build in U.S. gasoline stocks that weighed on the market. "I think it's too soon to really be thinking about rate cuts." Meanwhile, U.S. crude oil inventories fell 4.2 million barrels to 454.7 million barrels in the week ending on May 24, the Energy Information Administration said on Thursday, compared with expectations in a Reuters poll for a 1.9 million-barrel draw. Stocks were up 2 million barrels for the week to 228.8 million barrels, the EIA said, compared with expectations for a 400,000-barrel draw.
Persons: Lorie Logan, Logan, Stocks Organizations: New Harmony Oil, Fed, Brent, U.S, West Texas, Dallas Federal, Energy Information Administration, EIA, of, Petroleum Locations: Grayville , Illinois, U.S, El Paso , Texas, OPEC, Saudi Arabia, Russia
1 golfer Scottie Scheffler on Wednesday, as county attorney Mike O’Connell said the office would not pursue criminal action following Scheffler’s arrest during a traffic jam outside the PGA Championship. “Scottie Scheffler doesn’t want the taxpayers of Louisville to have to pay a dime,” Romines said. Scheffler had faced charges of second-degree assault of a police officer, third-degree criminal mischief, reckless driving and disregarding traffic signals from an officer directing traffic. His play declined in the third round with a 73, but Scheffler finished the PGA Championship tied for eighth place. GO DEEPER Inside the most bizarre day in major golf with the arrest of Scottie Scheffler(Photo: Michael Reaves / Getty Images)
Persons: Scottie Scheffler, Mike O’Connell, O’Connell motioned, , Steven Romines, Scheffler, Scottie Scheffler doesn’t, ” Romines, John Mills, Bryan Gillis, Gillis, O’Connell, Jacquelyn Gwinn, Villaroel, Michael Reaves Organizations: PGA, Scheffler, Louisville Metro Police Department, Louisville, Valhalla Golf, Louisville Metro Police, Police Locations: LOUISVILLE, Ky, — Jefferson, Louisville, Valhalla
The documentary chronicles the rise and fall of the movie-ticket-subscription company MoviePass, and is based on award-winning reporting from Business Insider . The big storyRetirement mathGetty Images;Alyssa Powell/BIFor some millennials, the reality of their retirement plans is that they're a fantasy. AdvertisementIt's not the first time we've gotten troubling data about millennials' retirement plans. But it's not just a lack of savings working against millennials' plans of riding off into the retirement sunset. AdvertisementAnd if you're hoping for a Hail Mary in the form of a fat inheritance to jumpstart your retirement plans, that's not looking great either.
Persons: , MovieCrash, Alyssa Powell, Jacob Zinkula, William Edwards, we've, it's, millennials, Hail Mary, that's, Juliana Kaplan, It's, Johannes Simon, Neel Kashkari, Sam Altman, Justin Sullivan, Oliver Mulherin, Scarlett Johansson, Altman, Jensen Huang, Adam Neumann, Neumann, WeWork, Moviegoing, there's, BI's Peter Kafka, Sheryl Sandberg, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, HBO, Max, Business, Hail, Reserve Survey, Consumer, Wall, Minneapolis, UBS, Google, Nvidia, BI, Hollywood, HP Locations: Swiss, BI Denmark, New York, London
Nikki Haley wrote 'finish them' on an artillery shell during a visit to Israel, a photo shows. A picture shared by Danny Danon showed Haley signing the shell over Memorial Day Weekend. Haley also criticized Joe Biden for temporarily cutting off weapons to Israel, per The Guardian. AdvertisementNikki Haley wrote "finish them" on an Israeli artillery shell during a recent visit to Israel. This is what my friend, the former ambassador, Nikki Haley, wrote today on a shell during a visit to an artillery outpost at the northern border," Danon said.
Persons: Nikki Haley, Danny Danon, Haley, Joe Biden, , Benjamin Netanyahu's, Danon Organizations: Guardian, Service, Business Locations: Israel
Executive Edge: Dismal Memorial Day weekend for movies
  + stars: | 2024-05-28 | 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 EmailExecutive Edge: Dismal Memorial Day weekend for moviesMatt Belloni, Puck founding partner, joins 'Squawk Box' to discuss the reasons behind the record-low Memorial Day box office weekend, what's happening with AMC, and more.
Persons: Matt Belloni, Puck Organizations: AMC
Teyoshe Smith often made charcuterie spreads for family gatherings before she started a side hustle to sell her elaborate creations. "Crafting elaborate charcuterie spreads from exceptional ingredients became my idea of Southern comfort," Teyoshe says. Bite by Bite & Co.'s charcuterie spreads come in all sizes, from small boards to grazing tables several feet long. Since starting her business, Teyoshe has taught hundreds of people how to craft their own boards through charcuterie workshops she runs both virtually and in person. In 2023, the company brought in about $379,000 in sales, up from about $84,000 in 2022.
Persons: Teyoshe Smith, I've, pepperoni, Teyoshe, , We've Organizations: Facebook, Capital Locations: Southern, Richmond , Virginia, America, Atlanta , Georgia, Virginia, Georgia
Meta's AI chief Yann LeCun is an award-winning computer scientist. But Elon Musk says he isn't impressed with LeCun's scientific work. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMeta's AI chief, Yann LeCun, might have won a Turing Award for his contributions to computer science, but Elon Musk doesn't seem too impressed with his work. Musk asked LeCun in an X post on Monday.
Persons: Yann LeCun, Elon Musk, isn't, LeCun, , Elon, Musk's, Musk Organizations: Service, SpaceX Locations: LeCun
Memorial Day weekend was marred by severe storms across the US. Scientists blame the heat and say the severe weather will continue. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMemorial weekend is the unofficial start of summer, and this year it was marred by a series of severe weather incidents that scientists say could continue as temperatures rise. Severe weather, including thunderstorms and tornados, swept across Texas, Oklahoma, Arkansas, and Kentucky over the holiday weekend, destroying buildings and killing over 20 people, according to the Associated Press.
Persons: Organizations: Service, tornados, Associated Press, Business Locations: Maryland , Texas, Texas , Oklahoma , Arkansas, Kentucky
Read previewThis weekend my family went to the movies, twice. This past holiday weekend was the worst Memorial Day showing Hollywood has seen in decades, with ticket sales down a staggering 40% from last year. One thing Hollywood is very good at is generating explanations for a flop — or in this case, multiple flops. (I paid $44.76 for the two Furiousa tickets I bought over the weekend at my local Alamo Drafthouse. I don't think movies or movie theaters are going away.
Persons: , Max, Matthew Ball, Barbie, Oppenheimer, Tom Rothman Organizations: Service, Garfield, Hollywood, Business, Sony
Storms unloaded hurricane-force wind gusts across the Dallas area, with Dallas Fort Worth International Airport recording a wind gust of 77 mph early Tuesday as power outages in the area started to skyrocket. KTVTThe power outages started to ramp up early Tuesday morning in the Dallas area, then extended south with the storms as they roared across the state, according to PowerOutage.us. Large hail, lightning and wind gusts as strong as 80 mph are the main threats with any storm. Dallas is the second major Texas city to have critical power infrastructure damaged by severe weather in less than two weeks. Storm damage is seen in the Dallas-Fort Worth, Texas, area on May 28, 2024.
Persons: Houston’s George, Storms, Clay Jenkins, Grant Cruise, Oncor, , ” Cruise, it’s, Jenkins, Andy Rose Organizations: CNN, Dallas Fort Worth International, Dallas, Houston’s George Bush Intercontinental, White House, National Weather Service, Sunday, Houston, , Dallas County, Texans Locations: Texas, Dallas, Houston, Terrell , Texas, PowerOutage.us, Dallas County, Louisiana, Oklahoma, Fort Worth, Harris County, Fort Worth , Texas
CNN —If you’ve flown this weekend or are hopping on a flight today, it’s likely you’re making history. Passenger traffic at US airports is on pace to make this Memorial Day weekend the busiest on record, according to Transportation Security Administration screening data. 1 screening day in TSA history) and Thursday (2.897 million, No. What’s amounting to be a blockbuster Memorial Day weekend could be a precursor to a chart-busting summer of travel. Five of the top 10 busiest travel days in the TSA’s 22-year history have occurred in the past two weeks alone.
Persons: , ” Regina Boateng, aren’t Organizations: CNN, Transportation Security Administration, TSA, AAA
CNN —The summer movie season typically starts with a bang during the month of May and, particularly, during Memorial Day weekend. Memorial Day weekend (Friday through Monday) movie ticket sales are estimated at $128.3 million, according to Comscore data provided to CNN. In fact, the US box office is on track to have its lowest-grossing Memorial Day weekend since the $117.1 million seen in 1995, when “Casper” haunted the screens — and that’s not even adjusting for inflation. The tepid Memorial Day weekend continues what’s been a lukewarm start to the summer box office, a movie-going season that’s still reeling from the effects of last year’s Hollywood strikes. Industry experts agree that the 2024 box office has been sluggish so far , but remain hopeful that the box office can rebound by the end of the year and beyond.
Persons: it’s, , “ Casper ”, that’s, ” Paul Degarabedian, Comscore, , Max, what’s, ” Dergarabedian, “ Barbie ”, “ Oppenheimer ”, Shawn Robbins, there’s, Degarabarian, Deadpool, ” “ Oppenheimer, Barbie ”, Dory, bloomer, Daniel Loria, ” Loria, ” Disney, Loria, “ Deadpool, Fandango, Robbins, “ That’s, , ” Robbins Organizations: CNN, Guild, SAG, Labor, , Warner Bros, Warner Bros ., Star, Walt Disney Studios, Disney, Box, showtime, Century Entertainment, Writers Guild of America, Pixar, Marvel, Industry Locations: United States,
Hollywood saw weak box office sales over Memorial Day weekend, despite new releases. Memorial Day weekend box office revenue is down 40% year-over-year. Studios hope upcoming releases like "Deadpool & Wolverine" will boost summer sales. Warner Bros. claimed "Furiosa: A Mad Max Saga" brought in $25.6 million in ticket sales through Sunday. Meanwhile, Sony expects "Garfield" to make $31.9 million from total Memorial Day weekend sales through Monday.
Persons: , Max, Garfield Organizations: Hollywood, Service, Warner Bros, Sony, Business
The City of Wildwood, N.J., briefly closed its boardwalk late Sunday, citing “unruly teen crowds” at the bustling beachside attraction during the busy Memorial Day weekend but offering few details about what prompted the decision. City officials declared a state of emergency after midnight on Sunday, they said, but had reopened the boardwalk by 6 a.m. Monday. In a statement on Monday, the officials said the decision stemmed from “civil unrest” caused by “the extremely large number of young adults and juveniles in the city” but failed to specify what, if anything, the young people did to cause the state of emergency. The officials said the presence of the young people caused “an irrepressible number of calls for service” beginning Saturday night that left the police unable to respond to other emergencies, and that nearby police agencies were brought in to aid the department.
Persons: a.m Locations: Wildwood , N.J
(Photo by AaronP/Bauer-Griffin/GC Images)Memorial Day weekend is usually a big one for moviegoers and Hollywood, but this year's numbers show otherwise. Now the heat is on for Hollywood to deliver the rest of summer movie season. 1 film at the Memorial Day box office since 1995's "Casper," leaving out 2020, when Covid shut down theaters and halted production. (Leaving out 2020 and 2021, this was also the worst overall Memorial Day weekend for Hollywood since 1995, as well.) Last year, Disney 's live-action version of "The Little Mermaid" opened to $118 million domestically over the holiday.
Persons: Max, Bauer, Griffin, Casper, Covid, Comscore, Paul Dergarabedian, Dergarabedian, Disney's, Guy, Barbie, Oppenheimer, Deadpool Organizations: HOLLYWOOD, Hollywood, Highland, AaronP, Warner Bros, Comscore, Disney, NBC, Paramount, Marvel, Guardians, Universal Locations: CA, Hollywood , California
Analysts are expecting the Memorial Day weekend to usher in yet another summer of strong consumer spending on travel and other leisure activities. “We haven’t seen Memorial Day weekend travel numbers like these in almost 20 years,” Paula Twidale, senior vice president at AAA Travel, said in a release. Spending this summer will likely be a little softer than last year’s, they said, but still strong. The bank’s consumer travel survey showed that 72% of people said they’re planning to travel, with 36% saying they’ve already planned their trip. Even among respondents making less than $75,000 a year, more than 60% said they’re planning to travel this summer.
Persons: ” Paula Twidale, Royal Caribbean’s, ” David Tinsley, they’ve, Joelle, aren’t, Dogecoin, Shiba Inu “, Atsuko Sato, , Sato, ” Kabosu, Kabosu, Shiba, Loretta Mester, Neel Kashkari, Lisa Cook, Robin, John Williams, Raphael Bostic, Lorie Logan Organizations: CNN Business, Bell, Washington CNN —, Transportation Security Administration, AAA, AAA Travel, Bank of America Institute, Bank of America, Japan, Europe, New York Fed, Public Policy Research, Mizuho Financial, Federal, Global, Index, Board, HP, Dick’s Sporting Goods, Abercrombie, Fitch, Eagle Outfitters, Costco, Dell, Dollar, Hormel, US Commerce Department, US Labor Department, National Association of Realtors, China’s National Bureau of Statistics, Atlanta Fed Locations: Washington, Caribbean, South Korea, Switzerland, Colombia, Costa Rica, Canada, Mexico, Domestically , California, Florida, California, , Sakura, CAVA, Chewy, Burlington, Birkenstock, Nordstrom, Kohl’s
New York CNN —Severe weather on Sunday caused a brief outage on NBC during its Indianapolis 500 broadcast ahead of the start of the race. The storms have also disrupted the famed motor race, causing delays, evacuations and the satellite outage. “During pre-race coverage, severe weather impacted our signal and temporarily interrupted our feed,” an NBC Sports spokesperson told CNN in a statement. “Rain so heavy it took out the NBC satellite uplink from the Indy 500. But the Indianapolis Motor Speedway said Sunday that the blackout was lifted because of the upheaval.
Persons: , , Kevin Lighty, WCNC, A9DNdIPYoX, NBC’s, CNN’s Sam Joseph Organizations: New, New York CNN, NBC, Indianapolis, NBC Sports, CNN, Indy, CBS, Indianapolis Motor, Indianapolis Motor Speedway, Speedway, WTHR Locations: New York, United States, Illinois, Indiana, Central Indiana
Hollywood expected “Furiosa: A Mad Max Saga” to scorch the box office over the holiday weekend. “Furiosa,” which cost $168 million to make, not including tens of millions of dollars in marketing costs, collected an estimated $25.6 million in the United States and Canada from Thursday night to Sunday. Box office analysts expected the film to take in about $5.4 million on Monday, for a holiday-weekend total of $31 million. (Box office records exclude 2020, when most theaters were closed because of the coronavirus pandemic.) The franchise’s previous chapter, “Mad Max: Fury Road,” took in $45.4 million in 2015, or roughly $61 million in today’s dollars — and that was without the benefit of a holiday weekend.
Persons: , Max, Richard Pryor, Organizations: Hollywood, Warner Bros, Fury Locations: United States, Canada
Shop at Walmart What we like Check mark icon A check mark. Local dimming for excellent contrast controlCheck mark icon A check mark. Shop at Mattress FirmFor a full breakdown of mattress deals, check out our guide to the best Memorial Day mattress sales. Shop at Amazon What we like Check mark icon A check mark. Shop at Amazon Shop at Kohl's What we like Check mark icon A check mark.
Persons: we've, you'll, you've, fryer, Braun, Fryer, Ninja's, Ninja, Crisp, Pick, It’s, Max, Casper, Pillow, Topper, Allbirds Organizations: Business, Apple, Day, Samsung, Walmart, Samsung TV, Amazon Sony, Amazon Samsung, Amazon, DreamCloud Sealy, Amazon ., Shop, Ninja, Sony, JBL Bluetooth, Amazon Beats, Amazon Apple, JBL, Haven, Elm, Flyers Locations: Brooklyn, France, Chewy
New York CNN —The summer box office is off to a lukewarm start. Last summer, blockbusters “Barbie” and “Oppenheimer” combined added nearly a billion dollars to the domestic box office, according to Comscore data. “Barring some major overperformances, this summer looks like it’ll be down 20% to 25% in box office grosses between May and August from last year,” said analyst Shawn Robbins, founder and owner of Box Office Theory. Industry experts agree that the 2024 box office has been sluggish so far , but remain hopeful that the box office can rebound by the end of the year and beyond. “Box office earnings have been down largely because of staggered gaps between widely appealing releases in the first half of the year,” said Robbins.
Persons: “ Barbie ”, “ Oppenheimer ”, , Max, ” Paul Dergarabedian, , Shawn Robbins, ” “ Oppenheimer, Barbie ”, Dory, bloomer, Daniel Loria, ” Loria, ” Disney, Loria, “ Deadpool, Fandango, Deadpool, Robbins, “ That’s, , ” Robbins Organizations: New, New York CNN, Guild, SAG, CNN, Labor, , Warner Bros, Warner Bros ., Star, Walt Disney Studios, Disney, Box, showtime, Century Entertainment, Writers Guild of America, Pixar, Marvel, Industry Locations: New York, United States,
A judge found Trump liable for fraud for inflating his net worth to get friendly loans, and juries found Trump liable for sexual abuse and defaming Carroll. DEL VALLE: This is actually my fourth Trump trial. Here, it’s almost been interesting how at moments it just felt like a regular trial. Reporters in the courtroom sat behind Trump – with a view often blocked by the many officers in the aisles of the gallery. The response prompted one of the biggest laughs in the courtroom in the entire trial – even several jurors were laughing.
Persons: Donald Trump’s, CNN’s Kara Scannell, Lauren del Valle, Jeremy Herb, Jean Carroll, Trump, defaming Carroll, del, he’s, it’s, That’s, I’ve, Kara, Lauren, Daniels, It’s, Susan Hoffinger, Christine Cornell, Michael Cohen’s, Todd Blanche, Blanche, Cohen, Keith Schiller, Cohen …, flailing, Kaitlan Collins, Robert Costello, Emil Bove’s, Costello, Judge Juan Merchan, ” Merchan, , admonish, David Pecker, Trump’s, Pecker, Jane Rosenberg Hope Hicks, Hope Hicks, CNN Madeleine Westerhout, Madeleine Westerhout, Attorney Alvin Bragg, Boris Epshteyn, , Joshua Steinglass, Emil Bove, Jaden Jarmel, Schneider, Bove, , ” Jarmel, ” Bove Organizations: CNN, Trump, New, DEL VALLE, Midway, National Enquirer, Trump … DEL VALLE, White House, VALLE, White, Attorney, Republican Locations: York, New York, del Valle, Manhattan
Here’s why we eat popcorn at the movies
  + stars: | 2024-05-25 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +11 min
But the perfect (and very profitable) pairing of today wasn’t always the case: For many years, movie theaters wanted nothing to do with the snack. People watch movies in a newly reopened AMC River East theater on Aug. 20, 2020, in Chicago. Popular movies often bring collectible cups and popcorn buckets, or, in industry-speak, Collectible Concession Vehicles (CCVs). The cinema business will continue to evolve, but one thing will remain constant, said Gil of Queen’s University. “Theaters will stop playing movies before they will actually stop selling popcorn.”
Persons: , Fred Astaire, Ginger Rogers, ” Paul Dergarabedian, Andrew F, ” Smith, Cracker Jack, , Smith, ’ ” Smith, hawkers, Peter Stackpole, John Aitkin, John Sr, Aitkin, Alicia Wallace, CNN It’s, Loren Williams, Alicia Reese, Ricard Gil, Jason Wambsgans, Gil, Wedbush’s Reese, Red Robin, ” Nels Storm, Garfield ”, Cory Ryan, Heather Morgan, Alamo’s, ” Andrew Sherburne, Christian Meoli, Camilla Meoli, ” Gil Organizations: Minneapolis CNN, CNN, AMC, Exposition, Bettmann, Riverview, , Riverview Theater, Wedbush, Queen’s University, Chicago Tribune, Tribune, Service, Waffle, AMC Theatres ’, Walmart, Kroger, Alamo, University of Iowa’s, Cinemas Locations: Minneapolis, America, New England, South America, Philadelphia, Texas, South Minneapolis, Riverview, “ Kingdom, Canada, Chicago, Brooklyn , New York, Iowa City , Iowa, Seattle, Emerald, California
Memorial Day weekend, the traditional launching pad of the summer travel season, is shaping up to set a scorching pace. United is expecting the biggest Memorial Day and summer travel season in the airline’s 98-year history, according to Andrew Nocella, United’s executive vice president and chief commercial officer. Air traffic controller shortageThe air traffic control tower at Los Angeles International Airport is a busy place. The United States is still short thousands of air traffic control personnel. Markus Mainka/imageBROKER/ShutterstockDespite a surge in hiring last year, air traffic control stations nationwide are still about 3,000 controllers short, according to new FAA numbers.
Persons: it’s, Andrew Nocella, Markus Mainka, Scott Keyes, , ” Keyes, Tayfun, Bob Thomas, haven’t, Elijah Nouvelage, Keyes, , Antonio Masiello, he’s, Angela Fritz Organizations: CNN, Federal Aviation Administration, Transportation Security Administration, TSA, American Airlines and United Airlines, Airlines for America, Airlines, America, Air, Los Angeles International, FAA, CNN Travel, San Francisco International, Anadolu Agency, Embry ‑ Riddle Aeronautical University, Aircraft, Travelers, Hartsfield, Jackson Atlanta International Airport, Getty Locations: United States, New York City, Florida, New York, Miami, Chicago, Atlantic, AFP, Rome, Europe, Mexico, Australia, Paris, Iceland, Dublin, CNN’s
Gas prices trending lowerOil prices surged last month as Israel and OPEC member Iran stood on the brink of war, raising concern at the White House that gasoline prices could jump heading into the summer. When adjusting for inflation, pump prices are about 2% lower compared to last year, according to the Energy Information Administration. Even in costly California, gasoline prices are down about 27 cents over the past four weeks, he said. But de Haan said gasoline prices will likely edge lower through the Fourth of July holiday as refiners increase output, which should keep downward pressure on pump prices. "Since the pandemic, the summer driving season has not seen a surge in demand, which can push pump prices higher," said Gross, the AAA spokesperson.
Persons: Kevin Carter, Biden, Patrick de Haan, It's, de Haan, Andrew Gross, De Haan, Superstorm Sandy, Donald, Trump, Brent, Gross Organizations: Getty, The Department of Energy, Northeast Gasoline Supply, AAA, Energy Information Administration, Congress, Reserve Locations: San Diego, San Diego , California, Israel, Iran, California
CNN —Special counsel’s office prosecutors on Friday asked a federal judge in Florida to place a gag order on Donald Trump that would limit his ability to comment about law enforcement that searched his Mar-a-Lago resort. The same standard FBI policy was used in the searches of President Joe Biden’s homes and offices in a separate classified documents investigation. The prosecutors say the gag order is needed to protect the integrity of the criminal case and law enforcement officers associated with it. Prosecutors noted that Trump has been amplifying accusations about the FBI in the search on his Truth Social account Friday. In a notably direct pushback to Trump, Attorney General Merrick Garland on Thursday addressed the claims that Trump has made about the FBI search at Mar-a-Lago.
Persons: Donald Trump, Trump, Joe Biden’s, Jack Smith, Aileen Cannon, Cannon, “ Trump‘s, ,  Trump’s, , Steven Cheung, Biden, General Merrick Garland, ” Garland, Biden’s Organizations: CNN, FBI, Prosecutors, Secret Service, Trump, Mar, Justice Department Locations: Florida, Lago, Mar, Washington, Trump, Cincinnati, New York, DC
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