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☆ Record temperatures, plus Barbie, help to drive record movie box office
▼ + stars: | 2023-08-05 | by ( Ellie Stevens | ) edition.cnn.com time to read: +5 min

Advertisements for the films "Oppenheimer" and "Barbie" appear at AMC Theaters at The Grove on Thursday, July 20, 2023, in Los Angeles. Chris Pizzello/APThis summer, scorching heat waves are helping take the movie box office to new levels. Movie-theater air conditioning is generally silent, powerful and adapts quickly to temperature swings. Within 5 years of the introduction of air conditioning in movie theaters in the 1920s, Basile said, 3,000 movie theaters were forced to put it in just to keep up with the industry. “Before air conditioning existed in movie theaters, summer was considered the dead season.” Not anymore.

Persons: “ Oppenheimer, “ Barbie, Hope Torres, —, ” Torres, Oppenheimer, Chris Pizzello, Barbie ”, ”, Shawn Robbins, Tyler Whitmore, ‘ Oppenheimer ’, ” Whitmore, Salvatore Basile, “ Oppenheimer ”, Eric Thayer, Basile, Michael O’Leary, Jeff Yanc, John Carpenter’s, ” Yanc Organizations: CNN, Maya Cinemas, AMC Theaters, AMC, Sunday, Boxoffice, ”, Hollywood, Regal Cinemas, Warner Bros . Pictures, Warner Bros ., TCL, Bloomberg, Getty, AC, National Association of Theater, Mushroom People Locations: Maya Cinemas Fresno, Fresno , California, California, Grove, Los Angeles, Phoenix , Arizona, Arizona, Los Angeles , California, Cineworld, Tucson , Arizona

☆ Paul Reubens, actor who played Pee-wee Herman, dies at 70
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

[1/6] Actor Paul Reubens accepts an award as his character Pee-wee Herman during the 10th Anniversary TV Land Awards in New York April 14, 2012. REUTERS/Eric ThayerJuly 31 (Reuters) - Paul Reubens, the actor who played Pee-wee Herman, a nerdy character who wore a gray suit and red bowtie while delighting children and adults alike with his distinctive "heh heh heh" laugh, has died, a post on his Instagram account said on Monday. Reubens, 70, died overnight after a years-long battle with cancer, the post said. In 1982, Ruebens appeared in a popular stage show in Los Angeles known as "The Pee-wee Herman Show" as the lead character, which he developed. In 1986, the Saturday morning television show "Pee-wee’s Playhouse" debuted, launching Rueben's career that also included two feature films as Pee-wee Herman.

Persons: Paul Reubens, Herman, Eric Thayer, Reubens, Ruebens, Paul Rubensfeld, Brendan O'Brien, Lisa Shumaker Organizations: REUTERS, Los, Saturday, Thomson Locations: New York, Los Angeles, Peekskill , New York, Chicago

☆ ‘Barbenheimer’ box office success has reawakened America’s moviegoing muscle
▼ + stars: | 2023-07-30 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +4 min

CNN —It’s a tale of two movies and a box office triumph: “Barbie” and “Oppenheimer” maintained incredible momentum into their second weekends. It is the largest domestic second weekend performance ever for Warner Bros., which produced the movie. Crucially, these numbers reflect that not only is there high energy and excitement for movies, but an appetite for the movie theater experience. People dress up as the doll Barbie to attend the Barbie movie on July 21, 2023 in New York City. “You have to go into the theater to experience it.”Repeat viewings are also fueling box office earnings.

Persons: CNN —, “ Barbie ”, “ Oppenheimer ”, Barbie ”, Oppenheimer, Barbie, Stephanie Keith, Barbenheimer, it’s, ”, Michael O’Leary, “ Oppenheimer, O’Leary, “, they've, Instagram O’Leary, there’s, Paul Dergarabedian, Eric Thayer, Shawn Robbins Organizations: CNN, Warner Bros, Warner Bros ., National Association of Theater Owners, B Theaters, Hollywood, B, “, Guild of America, SAG, Comscore, ”, Screen, Fox Studios, Bloomberg, Getty, Boxoffice Pro Locations: New York City, United States, Los Angeles

☆ For companies, the stakes are high this Pride
▼ + stars: | 2023-06-01 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +10 min

New York CNN —Companies have long embraced Pride Month in June as an uncomplicated way to market to members of the LGBTQ+ community while telegraphing progressive values. Gavin Newsom called out Target’s CEO for “selling out the LGBTQ+ community to extremists.”The current landscape “is alarming,” Todd said. “That middle ground is going away.”So this year, companies that want to participate in Pride have to be prepared to take a real stance. Some of those lashing out have described a campaign against Pride itself, rather than Bud Light or Target (TGT) specifically. It won’t be worth whatever they think they’ll gain.”It’s no coincidence that the anti-trans assault comes as trans rights are under legal attack across the nation.

Persons: Bud Light, Bud Light’s Instagram, Bud, BUD, Eric Thayer, ”, Daniel Korschun, “, —, Jared Todd, Gavin Newsom, ” Todd, ” Korschun, Sen, J.D, Vance, J, Justin Sullivan, Anna Moneymaker, Matt Walsh, Sarah Kate Ellis, Ellis, Trevor, Seth Wenig, ” Ellis, Todd, It’s, didn’t, Colin Kaepernick, Drexel’s, Korschun, Jared Watson, ” Watson, Watson, Pattie Gonia, ’ ” Watson, ’ Organizations: New, New York CNN — Companies, Target, Bud Light, Anheuser, Busch, National LGBT Chamber of Commerce, Bloomberg, Getty, Drexel University, Wall Street, Foundation, Human Rights, HRC, California Gov, —, Pride, Twitter, HumanRights, UCLA School of Law, GLAAD, Morning, Nike, New York University, “ Locations: New York, Ohio, Target, California, America, New Jersey

☆ Gun-loving Texas, where most households own a firearm, has become an epicenter of mass shootings
▼ + stars: | 2023-05-17 | by ( Emma Tucker | ) edition.cnn.com time to read: +23 min

CNN and the GVA define a mass shooting as a shooting that injures or kills four or more people, not including the shooter. They argue that more firearms and higher gun ownership increases public safety – a stance that continues to be at odds with gun violence experts and data. The area around the Robb Elementary School signs has become a memorial dedicated to the victims of the May 24 mass shooting. Mass shootings are just a piece of that, and the strategies that we’re laying out will impact mass shootings. They’ll also impact a lot of other types of gun violence and that’s absolutely critical to saving lives,” Horwitz said.

☆ FTC Moves to Block Amgen’s $27.8 Billion Deal for Horizon Therapeutics
▼ + stars: | 2023-05-16 | by ( Dave Michaels | Joseph Walker | ) www.wsj.com time to read: 1 min

Amgen said it was disappointed by the FTC’s decision but doesn’t believe a merger presents any competitive issues. Photo: Eric Thayer/Bloomberg NewsThe Federal Trade Commission said Tuesday it is seeking to block Amgen ’s $27.8 billion acquisition of Horizon Therapeutics , in a new effort by antitrust enforcers to prevent a merger of pharmaceutical companies. The FTC filed a lawsuit in federal court seeking an injunction that would prevent the deal from closing. A federal judge would need to approve the injunction. That is part of a two-step legal process the agency typically uses to prevent mergers it believes are illegal.

☆ FTC Poised to Block Amgen’s $27.8 Billion Deal for Horizon Therapeutics
▼ + stars: | 2023-05-16 | by ( Dave Michaels | Joseph Walker | ) www.wsj.com time to read: 1 min

Amgen said it isn’t aware of any decision by the Federal Trade Commission. Photo: Eric Thayer/Bloomberg NewsThe Federal Trade Commission is preparing to block Amgen ’s acquisition of Horizon Therapeutics , a person familiar with the matter said, marking a new effort by antitrust enforcers to prevent a merger of pharmaceutical companies. The FTC is preparing to seek an injunction in federal court that would prevent the deal from closing, according to the person familiar with the matter. A federal judge would need to approve the injunction. That is part of a two-step legal process the agency typically uses to prevent mergers it believes are illegal.

☆ End of Title 42 immigration policy has brought fewer migrants than expected, but overcrowding concerns remain
▼ + stars: | 2023-05-14 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +14 min

David Peinado Romero/Anadolu Agency/Getty Images Migrants carry a baby in a suitcase across the Rio Grande on May 10. Gary Coronado/Los Angeles Times/Getty Images Migrants wait to get paid after washing cars at a gas station in Brownsville on May 10. Andrew Caballero-Reynolds/AFP/Getty Images Migrants surrender to US Border Patrol agents after crossing the border in Yuma on May 10. Paul Ratje/Reuters Migrants wait to be processed by US Border Patrol agents in Santa Teresa, New Mexico, on April 26. Hudak warned in the filing that without measures to conditionally release some migrants, Border Patrol could have over 45,000 migrants in custody by the end of the month.

☆ From GE to Siemens, the wind energy industry hopes billions in losses are about to end
▼ + stars: | 2023-04-17 | by ( Bob Woods | ) www.cnbc.com time to read: +8 min

The wind farm includes 132 2-megawatt Gamesa G80 wind turbines along 12 miles of the Allegheny Front. (Photo by Chip Somodevilla/Getty Images) Chip Somodevilla | Getty Images News | Getty ImagesIt's been a tough couple of years for the U.S. wind energy industry. Although 2023 is expected to remain sluggish, GE Renewable Energy, Siemens Energy and Vestas Wind Systems, the leading makers of wind turbines — outside of China, which has built the world's largest wind energy infrastructure — and their suppliers are banking on growth over the next decade, particularly in the nascent offshore wind niche. "The wind energy market is stuck in this very strange paradox right now," said Aaron Barr, an industry analyst at Wood Mackenzie. Comparatively, the U.S. offshore wind industry is just ramping up after years of delays in permitting, environmental approvals and power purchasing agreements with utilities that buy wind energy.

☆ PacWest falls 17% after regional bank discloses deposit outflows, additional liquidity
▼ + stars: | 2023-03-22 | by ( Jesse Pound | ) www.cnbc.com time to read: +1 min

In this article PACW Follow your favorite stocks CREATE FREE ACCOUNTA Pacific Western Bank branch in Los Angeles, California, US, on Friday, March 10, 2023. Eric Thayer | Bloomberg | Getty ImagesShares of regional bank PacWest Bancorp dropped Wednesday after the company disclosed it had shed more than $6 billion in deposits during the recent squeeze on midsized banks, though PacWest said it did not plan to raise more capital. The change appears to have largely come from venture banking deposits, which accounted for a third of PacWest's deposits at the end of December and now stand at just 24%. The stock extended its losses after the Federal Reserve's announced another rate hike. Stock Chart Icon Stock chart icon PacWest shares were under pressure after revealing deposit outflows.

REUTERS/Eric ThayerMarch 2 (Reuters) - The Biden administration on Thursday added 37 companies to a trade blacklist, including units of Chinese genetics company BGI (300676.SZ) and Chinese cloud computing firm Inspur, in a move that promises to further ratchet up tensions with Beijing. The Commerce Department, which oversees export controls, added BGI Research and BGI Tech Solutions (Hongkong), over allegations that the units pose a "significant risk" to contributing to Chinese government surveillance. The Commerce Department accused Inspur of acquiring and attempting to acquire U.S. goods to support China's military modernization efforts. Commerce added 26 other Chinese entities to the list - which makes it hard for targeted companies to receive shipments of U.S. goods from suppliers. In 2020, the Commerce Department added two units of BGI Group, the world’s largest genomics company, to its economic blacklist over allegations it conducted genetic analyses used to further the repression of China’s minority Uyghurs.

☆ Analysis: European stocks lure global investors as rate hikes hurt U.S. more
▼ + stars: | 2023-02-27 | by ( Shreyashi Sanyal | ) www.reuters.com time to read: +4 min

Banks (.SX7P) accounted for nearly 16% of the STOXX 600 index (.STOXX) and have benefited from the high-rate environment, gaining nearly 20% to hit their highest in almost five years. In contrast, 35% of the S&P 500 (.SPX), the world's largest index by market value, are technology companies. Tech stocks (.SPLRCT) on the index have gained just 9% this year as rising rates make future profits for tech companies less valuable. CHEAPER IN EUROPEOn the valuation front too, the European stock market is much cheaper than the U.S. The STOXX 600 trades at about 13 times its 12-month forward price-to-earnings ratio, while the S&P 500 trades at some 18 times.

Some hedge funds, wealth managers, and asset managers are still hiring. Recruiters told us what roles are in demand and what skills can help you land them. Big-name hedge funds like Citadel, D. E. Shaw, and Millennium Management posted double digits in a year that many other investment managers would rather soon forget. Alternative asset managers, meanwhile, are hiring in the private-wealth-management businesses they've spent recent years building out. … if you're in or interested in wealth managementDespite the market downturn, wealth managers are in high demand.

Some hedge funds, wealth managers, and asset managers are still hiring. Layoffs across industries have been dominating headlines in January, and Wall Street has been no exception. Big-name hedge funds like Citadel, D. E. Shaw, and Millennium Management posted double digits in a year that many other investment managers would rather soon forget. Alternative asset managers, meanwhile, are hiring in the private-wealth-management businesses they've spent recent years building out. Emily Landon, the CEO of the Chicago-based headhunting firm The Crypto Recruiter, pointed to the job board Crypto Careers, which has over 2,400 openings.

☆ Monterey Park, police search for motive after mass shooting
▼ + stars: | 2023-01-23 | by ( Chantal Da Silva | Chantal Da Silva Is A Breaking News Editor For Nbc News Digital Based In London. | ) www.nbcnews.com time to read: +4 min

Authorities were hunting for a motive on Monday after the deadly shooting at a dance hall in Southern California that left 10 people dead, at least 10 others injured and residents of Monterey Park shaken. “The unimaginable happened in our community last evening," Monterey Park Mayor Henry Lo said in a statement on Sunday, calling the deadly shooting a "horrible tragedy." "The Monterey Park Police Department is asking for the public’s help in only utilizing 9-1-1 for emergency related calls," he said. Investigators near the scene of the shooting in Monterey Park. “I tried to reach her, but I didn’t get any response,” Monterey Park resident Vivian King told NBC News of a friend she last heard from earlier in the weekend.

☆ Tech's reality check: How the industry lost $7.4 trillion in one year
▼ + stars: | 2022-11-25 | by ( Rohan Goswami | ) www.cnbc.com time to read: +14 min

Not one of the 15 most valuable U.S. tech companies has generated positive returns in 2021. In total, investors have lost roughly $7.4 trillion, based on the 12-month drop in the Nasdaq. In the war for talent and the free flow of capital, tech pay reached new heights. Loading chart...SPACs allowed companies that didn't quite have the profile to satisfy traditional IPO investors to backdoor their way onto the public market. A slowing IPO market informs how earlier-stage investors behave, said David Golden, managing partner at Revolution Ventures in San Francisco.

☆ Zinke, former Trump Interior secretary, wins U.S. House seat - Edison Research
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +2 min

[1/2] U.S. Secretary of the Interior Ryan Zinke testifies in front of the Senate Committee on Energy and Natural Resources on Capitol Hill in Washington, U.S. March 13, 2018. REUTERS/Eric ThayerWASHINGTON, Nov 10 (Reuters) - Ryan Zinke, a former secretary of the U.S. Interior Department under then-President Donald Trump, who stepped down in 2018 amid ethics probes, won a U.S. House of Representatives seat in Montana, Edison Research projected on Thursday. "Truth matters, and now it's time to fight for freedom and protect our way of life in Montana," Zinke said in a release about the election. After resigning from the Interior Department, Zinke joined the board of mining exploration company U.S. Gold Corp.During his first House term, Zinke served on the chamber's Natural Resources and Armed Service committees.

☆ In Texas case, appeals court rules against Big Tech’s ability to regulate online speech
▼ + stars: | 2022-09-17 | by ( ) www.nbcnews.com time to read: +2 min

Circuit Court of Appeals ruling sets up the potential for the Supreme Court to rule on the law, which conservatives and right-wing commentators have said is necessary to combat “Big Tech” from suppressing their views. The Texas law was passed by the state’s Republican-led legislature and signed by its Republican governor. The social media companies have sought to preserve rights to regulate user content when they believe it may lead to violence. Greg Abbott said, “There is a dangerous movement by some social media companies to silence conservative ideas and values. Because the 5th Circuit ruling conflicts with part of a ruling by the 11th Circuit, the aggrieved parties have a stronger case for petitioning the Supreme Court to hear the matter.

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