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☆ Cannes jury president to striking Hollywood writers: 'Yeah, go!'
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +2 min

[1/4] The 76th Cannes Film Festival - Press conference of the jury - Cannes, France, May 16, 2023. Jury President Ruben Ostlund and jury member Brie Larson attend a press conference. REUTERS/Yara NardiCANNES, May 16 (Reuters) - Swedish director Ruben Ostlund, who heads the jury awarding the Cannes Film Festival's top award this year, expressed solidarity with striking Hollywood film and TV writers on Tuesday, saying industrial action was the only way to change work conditions. "It's great that people have a strong collegial feeling so you can go out and have a strike. Top executives close to the discussions have told Reuters that the strike could continue into the summer and possibly beyond.

☆ 'Guardians of the Galaxy: Vol. 3' had best second weekend box office hold for MCU in 5 years
▼ + stars: | 2023-05-15 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

In its second week in theaters, the director's "Guardians of the Galaxy: Vol. Most blockbuster films' ticket sales drop between 50% and 70% from the opening weekend to the second week. It is the third-best second week fall of any MCU film since 2008, just behind "Thor," which slipped 47.2% during its second week in 2011. For comparison, the first "Guardians of the Galaxy" film tallied $773.3 million globally during its run in 2014 and "Guardians of the Galaxy: Vol. The strong box office for "Guardians of the Galaxy: Vol.

☆ MLB roundup: Mets post 8-run inning, whip Nats in Max Scherzer's return
▼ + stars: | 2023-05-15 | by ( ) www.reuters.com time to read: +12 min

For seven innings, the game was a pitchers' duel between Cleveland rookie Tanner Bibee and the Angels' Patrick Sandoval. Zach Elfin (5-1) got the win after allowing four runs on seven hits in his six innings, striking out nine and walking one. Royals starter Jordan Lyles (0-7) was tagged for seven runs in 2 1/3 innings, allowing four hits and three walks. The loss overshadowed another strong outing by Giants starter Logan Webb, who allowed one run on three hits over seven innings. Boston's Corey Kluber (2-5) surrendered four runs on seven hits in five innings.

☆ MLB roundup: Yankees blast A's in Aaron Judge's return
▼ + stars: | 2023-05-10 | by ( ) www.reuters.com time to read: +12 min

Jake Bauers capped the inning by lifting a sacrifice fly, and he later hit a two-run homer in the seventh. Miguel Vargas had a two-run homer and Mookie Betts and Will Smith had solo homers for the Dodgers. Tom Murphy added a two-run homer as Seattle won for the seventh time in its past nine games. Luzardo (3-2) allowed just one run on seven hits and struck out five while walking two. All six Miami runs were credited to Pfaadt (0-1), who came into Tuesday's contest with a 13.50 ERA after allowing seven runs in his only other appearance.

☆ ECB rate hikes to create divisions in European economy, UBS says
▼ + stars: | 2023-05-08 | 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 EmailECB rate hikes to create divisions in European economy, UBS saysPaul Donovan, chief economist at UBS Global Wealth Management, discusses new German industrial data, the path ahead for European monetary policy, and the U.S. economy.

☆ Marvel's 'Guardians of the Galaxy: Vol. 3' kicks off summer movie season with $114 million opening
▼ + stars: | 2023-05-07 | by ( Sarah Whitten | ) www.cnbc.com time to read: +3 min

Disney and Marvel Studio's "Guardians of the Galaxy: Vol. "Guardians of the Galaxy: Vol. It also fell short of the $146.5 million "Guardians of the Galaxy: Vol 2" collected in 2017. "'Guardians of the Galaxy: Vol. The release of "Guardians of the Galaxy Vol.

☆ Don Sebesky, Arranger Who Helped Broaden Jazz’s Audience, Dies at 85
▼ + stars: | 2023-05-06 | by ( Neil Genzlinger | ) www.nytimes.com time to read: +1 min

Mr. Sebesky’s musical interests ranged far and wide. From the beginning, Mr. Taylor and CTI were on a mission to broaden the audience for jazz by exploring intersections with pop, rock and R&B, and by making music that was more accessible to mainstream audiences than some of jazz’s more esoteric strains. It was an approach that displeased some purists, but it sold records, and Mr. Sebesky’s arranging skills were pivotal to that success. Mr. Sebesky arranged the saxophonist Paul Desmond’s “Bridge Over Troubled Water” (1970), an album of interpretations of Simon & Garfunkel songs. Pairing Mr. Benson with that song was an idea Mr. Sebesky had proposed to Mr. Taylor, but with a twist.

☆ Opinion | The First Scandal King Charles Could Face Is a Gift From Boris Johnson
▼ + stars: | 2023-05-06 | by ( Christopher Caldwell | ) www.nytimes.com time to read: +2 min

At his coronation in London on Saturday, King Charles III will assume the ancient responsibilities of the British monarchy. But the list that the prime minister Boris Johnson compiled as he was being chased from office last summer threatens to become an inconvenience for King Charles — perhaps even a scandal. On his way out the door, Mr. Johnson reportedly assembled a list of lords- and ladies-to-be that stretched to almost 100 names — a historically large number. The list reportedly included three politicians who had shown unusual loyalty to Mr. Johnson. It has real political power, if not as much as the House of Commons.

☆ Why Prices, Inflation Are Still Soaring: Corporate Price Gouging
▼ + stars: | 2023-05-02 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +16 min

While many of the problems that helped trigger the upward spiral have abated, prices are still high and getting higher. The idea that companies are taking advantage of disruptions to push price increases on consumers has many names — greedflation, excuseflation, price gouging, corporate profiteering — but the gist is the same. Supply-chain issues and other disruptions made sense as drivers of higher prices, Chris Becker, a senior economist and the associate director of policy and research at the Groundwork Collaborative, told me. "Working people are suffering thanks to corporate greed, so we need to enact tougher rules to ensure corporations pay a price when they price gouge." Working people are suffering thanks to corporate greed, so we need to enact tougher rules to ensure corporations pay a price when they price gouge.

☆ MLB roundup: Gerrit Cole to 5-0 as Yanks win despite Aaron Judge injury
▼ + stars: | 2023-04-28 | by ( ) www.reuters.com time to read: +8 min

DJ LeMahieu and Gleyber Torres hit back-to-back homers in a three-run second off Texas starter Andrew Heaney (2-2). The Yankees won their second straight in a game that Aaron Judge exited in the fourth inning due to right hip discomfort. Webb was charged with two runs on seven hits in 6 2/3 innings; he walked one and struck out seven. Phillies 1, Mariners 0Kody Clemens delivered an RBI single in the second inning for the only run of the game as host Philadelphia defeated Seattle. Velazquez then hit the second pitch he saw from Lugo 404 feet into the seats in left center.

☆ Recasting the upcoming GameStop movie: Here's who should play Ken Griffin, Steve Cohen, and the rest of the gang
▼ + stars: | 2023-04-27 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

Wall Street is getting the Hollywood treatment again. - Paul Giamatti as AMC's Adam Aron (This guy knows his way around Wall Street.) For more on the upcoming GameStop movie, including who is set to play the "pot-smoking retail trader," click here. Here's why the rest of Wall Street might be motivated to help First Republic. Meet the new generation of the ultra-rich on Wall Street.

☆ A US recession looks more and more unavoidable as key parts of the economy slow to a crawl
▼ + stars: | 2023-04-26 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

For many months now, I've been having conversations and writing about economic indicators that all point to a recession. The US is in the midst of a "freight recession," meaning there's fewer trucks delivering goods around the country. In a call last week, JB Hunt reported a bad earnings miss, and executives said a recovery for trucking looks uncertain. Outside the trucking sector, the classic recession indicators are blaring, too:The Conference Board's Leading Economic Index just dipped for the 12th consecutive month. The New York Fed's Recession Probabilities Model puts the odds of a downturn at 57%, the highest mark since 1982.

“See, this is the great part,” Mr. McCarthy told reporters who questioned how — if he could barely get his colleagues to elect him — he would ever be able to govern his slim and unruly House Republican majority. Mr. McCarthy is set as early as Wednesday to bring to the floor his proposal to lift the debt ceiling for a year in exchange for spending cuts and policy changes. That includes soliciting “yes” votes from right-wing members who have never before voted to increase the debt ceiling and take pride in that fact. But after late-night wrangling on Tuesday, Mr. McCarthy appeared to have acquiesced at least in part, moving up the imposition of stricter requirements by a year, to 2024. “The last five votes, you’re standing there begging,” Mr. Gingrich said he has told Mr. McCarthy of his own experience with tough bills.

☆ Sony teases 2023 film slate, including R-rated 'Kraven The Hunter'
▼ + stars: | 2023-04-25 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

Tom Holland is Spider-Man in the Sony-Marvel film "Spider-Man: No Way Home." LAS VEGAS — CinemaCon kicked off Monday with a major announcement from Sony Pictures — its upcoming "Kraven the Hunter" would mark the first R-rated Marvel film produced by the studio. "F--- yes, it's rated R," said Kraven himself Aaron Taylor-Johnson in a pretaped teaser for the film before Sony showed the first trailer for the profane and bloody action flick. Sony showed 14 minutes of the film — due out June 2 — to CinemaCon audiences, who laughed and cheered for the uniquely animated feature. Sony also showcased a clip from Jennifer Lawrence's upcoming R-rated drama "No Hard Feelings" to raucous applause.

☆ MoviePass has landed a deal with Walmart to sell subscriptions in stores across the country
▼ + stars: | 2023-04-24 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +4 min

MoviePass will be available at Walmart, several sources familiar with the deal told Insider. MoviePass relaunched last year in beta form and plans to be available to all customers by the summer. MoviePass will have displays in Walmart stores across the country where its subscription cards will be available for shoppers, sources said. No details were given to Insider about what the offer on the MoviePass Walmart cards will be, or when the cards will be available in stores. "This is a huge win for MoviePass and for the theatrical movie business," Comscore senior media analyst Paul Dergarabedian told Insider.

Giant screen options include pioneer IMAX and various premium large formats (PLF) created by theater chains. For Missouri-based B&B Theatres, about half of a multiplex's grosses now come from premium formats, compared with 30% before the pandemic, said Chief Content, Programming and Development Officer Brock Bagby. B&B operates 531 screens in 14 states and offers large format screens with heated recliners, 270-degree Screen X screens, immersive audio and MX4D seats timed to rumble with the action. "Post-COVID, our premium screens are selling better than ever," Bagby said. As a sign of its importance, Universal's Orr and other studio distribution executives said they consult Gelfond about IMAX screen availability before setting movie release dates.

☆ The IRA isn’t good for just U.S. stocks. Here are some emerging markets names that will benefit too
▼ + stars: | 2023-04-23 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

The Inflation Reduction Act does more than buoy U.S. clean energy stocks – it's also an opportunity for emerging markets firms. But the IRA also represents an opportunity for emerging markets firms. "This is a win, win, win," said Paul Desoisa, co-portfolio manager of the Global Emerging Markets strategy at Martin Currie, a specialist investment manager at Franklin Templeton. Here are some places where emerging markets firms stand to benefit. Some possible contenders include Korea's Hanwha Solutions, a multinational with a solar energy business Hanwha Qcells, abrdn's Khwaja said.

☆ Rainy March dampens shopper spending in Britain
▼ + stars: | 2023-04-21 | by ( ) www.reuters.com time to read: +2 min

Economists polled by Reuters had forecast that sales volumes would fall by a monthly 0.5% after rising in January and February. Darren Morgan, director of economics at the Office for National Statistics, said the broader trend for retail sales was less subdued than the figures for March alone suggested. Retail sales volumes in March were 3.1% lower than a year earlier. "That said, even though the worst of the declines in retail sales are in the past, higher interest rates will restrain spending this year," he said. The BoE is expected to raise interest rates for the 12th consecutive meeting in May, taking Bank Rate to 4.5% from its current level of 4.25%.

☆ UK inflation stays at 10% as bread rises at record clip. Here’s why it’s proving hard to beat
▼ + stars: | 2023-04-19 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

London CNN —UK inflation remained above 10% in March, far higher than in the United States and Europe, as bread prices rose at a record pace. Energy an ‘Achilles’ heel’The United Kingdom is a net importer of energy, unlike the United States. UK inflation to fall sharplyThe good news is that UK inflation is expected to fall rapidly through the remainder of the year, as lower wholesale gas prices feed through to household energy bills. From April, “UK inflation might start to drop faster than in Europe,” he said. But core inflation could take longer to fall in the United Kingdom, according to Gregory of Capital Economics.

☆ Pope Francis calls 'insinuations' against John Paul II unfounded
▼ + stars: | 2023-04-16 | by ( Philip Pullella | ) www.reuters.com time to read: +4 min

REUTERS/Remo Casilli/File PhotoVATICAN CITY, April 16 (Reuters) - Pope Francis on Sunday rejected as offensive and unfounded what he called insinuations by the brother of a Vatican schoolgirl who went missing 40 years ago about one of his predecessors as pontiff, Saint John Paul II. The voice of the alleged gangster says that more than 40 year ago, girls were brought into the Vatican to be molested and that Pope John Paul knew about it. Sgro told Reuters on Sunday that John Paul did not come up in her conversation with Diddi, adding in a text message: "I have never questioned the sanctity of John Paul II". Orlandi told Reuters on Sunday by telephone that it was "correct that Francis defended John Paul II". (This story has been refiled to make clear John Paul II was not Pope Francis' immediate predecessor, in paragraph 1)Reporting by Philip Pullella; editing by Philippa FletcherOur Standards: The Thomson Reuters Trust Principles.

☆ 35 Ways Real People Are Using A.I. Right Now
▼ + stars: | 2023-04-14 | by ( Francesca Paris | Larry Buchanan | ) www.nytimes.com time to read: +24 min

People are using ChatGPT and other A.I. Here’s how 35 real people are using A.I for work, life, play and procrastination. People are using A.I to …Plan gardens. Chris Norn Researcher at the University of Washington Two years ago researchers cracked the code on using A.I. When you run a Dungeons & Dragons game, Mr. Green says, you have to be creative, but that almost always means pulling from existing fantasy literature.

☆ Billionaire founder of Paul Mitchell and Patron invests in man-made coral reefs
▼ + stars: | 2023-04-10 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +4 min

Coral reefs, often called the "rainforests of the sea," support roughly 25% of all known marine species. And the planet has lost half its coral reefs since the 1950s due in large part to climate change. The annual value of U.S. commercial and recreational fisheries dependent on coral reefs is $200 million. Brosnan has been studying coral reefs for more than 25 years, with a specific focus on the Caribbean. So right now today, we lose more coral reefs in a day than we can restore in a decade."

☆ How two of North America's richest families came together to fortify Greg Fleming's Rockefeller Capital Management
▼ + stars: | 2023-04-10 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +5 min

A firm owned by one of Canada's richest clans has invested $622 million in wealth firm Rockefeller. Two of North America's richest families have partnered up to invest in wealth management powerhouse Rockefeller Capital Management. The Desmarais family invested $622 million through the Power Corporation of Canada, the financial services conglomerate the family controls, for a 20.5% stake in Rockefeller Capital Management. Paul's son and deputy chairman of Power Corp., Andre Desmarais considered the late David Rockefeller Sr. as a mentor. Courtesy of Rockefeller Capital ManagementThe Desmarais family has worked with Rockefeller on big dealsRockefeller chief executive Fleming also has a two-decade-long relationship with the Desmarais clan.

☆ More movies, more variety, more money: The box office is catching up to pre-Covid levels
▼ + stars: | 2023-04-05 | by ( Sarah Whitten | ) www.cnbc.com time to read: +1 min

For nearly three years, the domestic box office has been chasing the highs of the pre-pandemic era, hoping that blockbuster franchise films would fill seats and sell popcorn. It was the second-highest box office year with $11.4 billion." Since movie theaters reopened to the public in late 2020, the domestic box office has steadily recovered, generating significantly higher ticket sales each year. Last year, the box office reached $7.5 billion, up 64% from the $4.58 billion in ticket sales seen in 2021. Industry analysts attributed the smaller box office to a more limited inventory of theatrical releases, not a general disinterest by consumers to return to cinemas.

☆ Why two of North America's richest families are coming together to fortify Greg Fleming's Rockefeller Capital Management
▼ + stars: | 2023-04-05 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +5 min

A firm owned by one of Canada's richest clans has invested $622 million in wealth firm Rockefeller. Two of North America's richest families have partnered up to invest in wealth management powerhouse Rockefeller Capital Management. The Desmarais family invested $622 million through the Power Corporation of Canada, the financial services conglomerate the family controls, for a 20.5% stake in Rockefeller Capital Management. Paul's son and deputy chairman of Power Corp, Andre Desmarais considered the late David Rockefeller Sr. as a mentor. Courtesy of Rockefeller Capital ManagementThe Desmarais family has worked with Rockefeller on big dealsRockefeller chief executive Fleming also has a two-decade-long relationship with the Desmarais clan.

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