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New York CNN —“Inside Out 2” has become the fastest-ever animated film to surpass $1 billion globally, shooting past the box office milestone this weekend, just 19 days after its release. “The film’s remarkable success is a testament not only to the incredible creativity of the Pixar team but an example of moviegoing at its very best.”The resounding success of “Inside Out 2” has jolted a sluggish 2024 box office. The movie is the highest grossing film of the year, and the first to pass $1 billion since “Barbie,” which came out last July. Daniel Loria, editorial director at Box Office Pro, which collects sales and showtime data from thousands of movie theaters across the United States, projects this year will see an overall domestic box office total between $8.1 billion and $8.4 billion, down from 2023’s total of more than $9 billion, the highest since the pandemic. Another surprise hit or two, and we may get a lot closer to matching that $9 billion than we all expected coming into the year.”
Persons: “ We’re, Tony Chambers, we’ve, , , Paul Dergarabedian, “ Barbie, Dory, Daniel Loria Organizations: New, New York CNN, Pixar, Disney, Box, showtime Locations: New York, United States
Sparks Flew All Over the World
  + stars: | 2024-06-28 | by ( Tammy Lagorce | ) www.nytimes.com   time to read: +1 min
Ms. Lal, who had jolted him with a sense of instant attraction when they first met, was, at long last, single. Ms. Lal and Mr. Riglin are social media influencers. Mr. Riglin was there to take pictures. Both were on a fast track to accruing a million followers as travel content creators. At first, “it was just for fun, something people were starting to do,” Mr. Riglin said.
Persons: Jacob Samuel Mills Riglin, Agnieszka Ewa Lal, Lal, Riglin, Instagram, Mr Organizations: Aggie Locations: Koh Samui, Thailand, Los Angeles, New York, Abu Dhabi
In today's big story, we're giving a preview of what to expect at Apple's annual event . The big storyApple's AI unveilingApple CEO Tim Cook at the Worldwide Developers Conference in 2023. Josh Edelson/AFP Getty ImagesApple kicks off its big event today from a unique spot: behind. AdvertisementBut when CEO Tim Cook takes the stage for his keynote address this afternoon, it'll be about catching up with Apple's fellow Big Tech peers. It wouldn't be the first time Apple announced a deal with a fellow tech company that has massive implications , writes BI's Hasan Chowdhury.
Persons: , Larry Connor, Tim Cook, Josh Edelson, Insider's Jordan Hart, BI's Hasan Chowdhury, Monica Schipper, Nordin Catic, Tyler Le, Sam Altman, OpenAI, Apple, Satya Nadella, Altman, Alyssa Powell, Chelsea Jia Feng, Andrii Sedykh, Javier Zayas, Abanti Chowdhury, They're, Gen, isn't, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith Organizations: Service, Business, showtime, Apple, Worldwide, Developers, Big Tech, Google, Microsoft, Getty, Getty Images, Taiwan Semiconductor Manufacturing Company, Amazon Locations: India, Mexico, Burazin, New York, London
Kathy Hochul has privately exchanged anxieties about moving forward on congestion pricing with business leaders, political advisers and, in her telling, a great number of ordinary New Yorkers in diners. The move to abandon a plan that was decades in the making jolted lawmakers, real estate leaders, transit advocates and other stakeholders. The governor said she was reluctant to deter people from driving to New York City when its economic recovery was still fragile; critics called it an election year ploy to help Democrats in suburban districts where congestion pricing is notably unpopular. Ms. Hochul’s announcement was particularly jarring given her past championing of the plan. Indeed, as recently as this year, the governor stressed the need to get vehicles off the road — a dissonance that has fed a sense of duplicity and a feeling of betrayal among those who considered her an ally.
Persons: Kathy Hochul Organizations: Gov Locations: Manhattan, New York City
New York CNN —In Florida, a handful of dead mall anchor Sears stores, left vacant and unmoored by the iconic retailer’s bankruptcy six years ago, are being jolted back to life. Oca said all venues Elev8 Fun uses are converted commercial spaces of more than 100,000 square feet. Construction began in the empty Sears stores at the citrus Park Mall in early 2022 and the facility opened in May 2023. The team also studied the local demographic and competitors to decide which attractions made sense to include in each new Elev8 Fun center. So we decided to put all of the attractions that we could into that former Sears store,” Oca said.
Persons: Oca, , Solomon, Victor Calanog, ” Calanog, , pickleball, Elev8, Lainie Solomon Calanog, Lainie Solomon, “ Sanford, Jim Hull, “ I’m, ” Hull Organizations: New, New York CNN, Sears, Design Lab, CNN, Oca, Seminole, Treasure, Miami International, Entertainment, Manulife Investment Management, Industry, Construction, Walt Disney World, Universal Studios, Hull Property Group, ” Hull Locations: New York, Florida, Tampa , Florida, Sanford , Florida, Tampa, Jensen, Miami, Sanford, Orlando, Hull, Citrus
The ceremonies, as is tradition, honor those who fought and died in World War II, and reaffirm a commitment to learn the lessons of history. But what exactly are those lessons, and how exactly will world leaders turn that commitment into reality? Join us on Twitter and FacebookAs they gaze on the once blood-drenched beaches of Normandy, world leaders should consider the lessons of World War II, and how to apply them today. Eventually, 16.4 million Americans served in the military during World War II, more than 10% of the population. And yet, the beaches of Normandy resonate with the lessons of that terrible history; world leaders should listen closely.
Persons: Frida Ghitis, Joe Biden, Donald Trump, , Hitler, Trump, Reenactors, Daniel Cole, Biden, Volodymyr Zelensky, Russia’s Vladimir Putin, Emmanuel Macron, Putin, Macron, Ukraine's Volodymyr Zelensky, Ludovic Marin, Donald Tusk, Zelensky, Jeremias Gonzalez, Olaf Scholz, Jens Stoltenberg, America Firsters Organizations: CNN, Washington Post, Politics, CNN CNN, Frida Ghitis CNN, Europe, Utah, AP, Kyiv, Russia, Financial Times, Zelensky, NATO, 1st Infantry Division, Twitter, Facebook Locations: France, United States, US, Normandy, Nazi, Ukraine, Europe, Sainte, Marie, Mont, Paris, Moscow, Russian, Russia, ” Germany, Spain, AFP, Kyiv, Soviet Union, Czechoslovakia, Poland, Kharkiv, Omaha Beach, Finland, America, Pearl
U.K. Prime Minister Rishi Sunak (left), leader of the incumbent Conservatives, and opposition leader Sir Keir Starmer of the Labour Party. The politicians traded barbs in their first head-to-head debate on Tuesday ahead of the July 4 General Election. "I'm clear that I'm going to keep cutting people's taxes as we now are ... Mark my words, Labour will raise your taxes, it's in their DNA. You name it, Labour will tax it," Sunak said. Labour leader Keir Starmer said the £2,000 calculation was "based on made-up Labour policies."
Persons: Rishi Sunak, Sir Keir Starmer, Sunak, Keir Starmer, Starmer, Liz Truss, Julie Etchingham Organizations: Conservatives, Labour Party, Conservative Party, Labour, Conservative, ITV News
The Hamas Chief and the Israeli Who Saved His Life
  + stars: | 2024-05-26 | by ( Jo Becker | Adam Sella | ) www.nytimes.com   time to read: +1 min
This is how Dr. Yuval Bitton remembers the morning of Oct. 7. The frantic voice of his daughter, who was traveling abroad, asking, “Dad, what’s happened in Israel? Even in that first moment, Dr. Bitton says, he knew with certainty who had masterminded the attack: Yahya Sinwar, the leader of Hamas in Gaza and Inmate No. 7333335 in the Israeli prison system from 1989 until his release in a prisoner swap in 2011. Dr. Bitton had a history with Yahya Sinwar.
Persons: Yuval Bitton, “ Dad, what’s, Bitton, Yahya Sinwar, Sinwar, , Organizations: Locations: Israel, Gaza
France and Germany’s recent agreement to develop a new multibillion-dollar battlefield tank together was immediately hailed by the German defense minister, Boris Pistorius, as a “breakthrough” achievement. Russia’s invasion of Ukraine more than two years ago jolted Europe out of complacency about military spending. After defense budgets were cut in the decades that followed the Soviet Union’s collapse, the war has reignited Europe’s efforts to build up its own military production capacity and near-empty arsenals. Daunting political and logistical hurdles stand in the way of a more coordinated and efficient military machine. And they threaten to seriously hobble any rapid strengthening of Europe’s defense capabilities — even as tensions between Russia and its neighbors ratchet up.
Persons: Boris Pistorius, Locations: France, Ukraine, Europe, Soviet, Russia
I was proud to be a mom and loved feeding my daughter, so why was I acting so ashamed? I hadn’t brought my nursing cover, the tasteful shawl I made a point of wearing while feeding her in public. And besides, I was proud to be a mom and loved feeding my daughter, so why was I acting so ashamed? And once I started breastfeeding in public myself, most people didn’t really notice — or at least, they acted like they didn’t. But once she reached our stretch of the sidewalk, this stranger didn’t ask any of those questions.
Persons: Read, CNN —, I’d, you’d, hadn’t, Long, who’d, Catherine Shoichet, , , , It’s, we’d Organizations: CNN Locations: Virginia
Growth Stocks. Value Stocks. What Do Those Labels Mean?
  + stars: | 2024-05-10 | by ( Jeff Sommer | ) www.nytimes.com   time to read: 1 min
Growth and value are basic categories in stock investing. They are so widely used that you might assume that they mean something specific. Growth stocks promise to deliver a lot of earnings in the future but often deliver less than other stocks right now. Value stocks are priced well below what their advocates consider to be their real worth. If you look under the hood, you will find that what’s called growth or value in leading stock indexes can be wildly different, and can change year by year.
Locations: East, Eastern Europe
Leaving London for New York City felt like the only option. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTwo years ago, my partner and I were still living in a one-and-a-half-bedroom basement in London. AdvertisementLeaving London for New York felt like the only optionAfter that, I had to admit, grudgingly, that going to New York seemed like the best option. The poverty in New York City is reported to have increased in recent years, bringing the total number of New Yorkers living in poverty to 2 million, according to a report from Robin Hood, an anti-poverty philanthropy.
Persons: Hannah Crown, , we've, we'd, Peter, We've, I've, Robin Hood, It's Organizations: Service, Apple, Radio City, London Locations: British, England, London, New York City, New York, New Jersey, Brooklyn, Macy's, Radio, Dyker Heights, Long
That changed on Thursday, when Mr. Brown appeared to address Mr. Gunter for the first time, at a private fund-raising event in Sparks, Nev., after Mr. Gunter accused him in ads and appearances of being disingenuous and not sufficiently pro-Trump. A group backing Mr. Brown’s campaign, the Duty First PAC, ran its first television ad this week since last year, a $322,000 reservation, according to the tracking firm AdImpact. Mr. Brown’s campaign declined to comment on Mr. Gunter. Mr. Trump made several posts seeming to express his approval for Mr. Brown on Truth Social, his social media platform, this month. Mr. Gunter said he was “running that place like clockwork,” and that the government report was “bogus.”
Persons: Nevada’s, Sam Brown, Jeff Gunter, Donald J, Trump, MAGA, Brown’s, Gunter, Brown, Mitch McConnell of, ” Mr, Jacky Rosen, Nev, Mr, Mike Berg, Gunter’s, Berg, Sam Brown’s, , Chuck Muth, Muth, he’s, California Democrat —, General Organizations: Republican, Senate, U.S . Army, National Republican Senatorial Committee, Trump, Democratic, The New York Times, Mr, , “ California Democrats, Tarrance, Truth, Brown, Texas State House, Nevada State Assembly, California Democrat, Democrat, CBS Locations: Iceland, Mitch McConnell of Kentucky, Afghanistan, Sparks, California, “ California, Las Vegas, Nevada, Dallas
The dollar has strengthened and there are new reasons to worry about a steep increase in the price of oil. Behind many of these changes are two familiar culprits: inflation and interest rates. The possibility of a widening conflict in the Middle East — and of rising oil prices feeding into inflation in the United States — surfaced again on Friday when Israel struck Iran. But consider this: For the first three months of 2024, U.S. stocks rose relentlessly, while bonds posted modest gains, amid expectations of a series of cuts in the short-term interest rates controlled by the Federal Reserve. Now, successive months of high inflation readings have dashed those hopes — or, at the very least, deferred them.
Persons: Bonds, Israel Organizations: Federal Reserve Locations: United States, Iran
New York CNN —Did Donald Trump fall asleep in court? As the first criminal trial of a former American president commenced Monday, The New York Times’ Maggie Haberman delivered a stunning report from the Manhattan courtroom. “This is 100% Fake News coming from ‘journalists’ who weren’t even in the court room,” a Trump campaign spokesperson later insisted. The Trump campaign forcefully denying Haberman and other reporters’ accounts quickly created two versions of events for people at home to choose to believe: Trump or Haberman. One of the concerns has been that by welcoming the public into the courtroom, cases will transform into public spectacles, similar to the O.J.
Persons: Donald Trump, Maggie Haberman, Trump, , , Susanne Craig, Joe ”, snooze, , Haberman, Simpson Organizations: New, New York CNN, The New York Times, Trump, Republican, MSNBC, Fake, Fox News Locations: New York, American, Manhattan, Trump, Haberman, Federal
Wholesale prices rose 0.2% in March, less than expected
  + stars: | 2024-04-11 | by ( Jeff Cox | ) www.cnbc.com   time to read: +2 min
A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will hold higher for longer than many economists had expected. Excluding food and energy, the core PPI also rose 0.2%, meeting expectations. The release comes a day after the BLS reported that consumer prices again rose more than expected in March, raising concerns that the Federal Reserve will be unable to lower interest rates anytime soon. However, wholesale prices for final demand food and goods less food and energy climbed 0.8% and 0.1%, respectively. That contrasted with the consumer price index, which showed gasoline up 1.7% on the month.
Persons: Dow Jones Organizations: Dow, Labor Department's Bureau of Labor Statistics, PPI, BLS, Federal Reserve, Labor Department, Group
When the largest earthquake in Taiwan in half a century struck off its east coast, the buildings in the closest city, Hualien, swayed and rocked. As more than 300 aftershocks rocked the island over the next 24 hours to Thursday morning, the buildings shook again and again. One of them, the rounded, red brick Uranus Building, which leaned precariously after its first floors collapsed, was mostly drawing curious onlookers. The building is a reminder of how much Taiwan has prepared for disasters like the magnitude-7.4 earthquake that jolted the island on Wednesday. Of Taiwan, he added: “And most of these deaths, it seems, have come from rock slides and boulders, rather than building collapses.”
Persons: , Daniel Aldrich Organizations: Global Resilience, Northeastern University Locations: Taiwan, Hualien
How do we solve a problem like Boeing?
  + stars: | 2024-03-13 | by ( Allison Morrow | ) edition.cnn.com   time to read: +6 min
New York CNN —It took decades for Boeing to build a reputation as one of the most reliable companies on the planet. The latest headache for Boeing came Monday, when a 787 Dreamliner flying from Australia to New Zealand plunged suddenly mid-flight, injuring several passengers. It’s not clear what, if any, culpability Boeing has here — it said it’s gathering information about what went wrong. So, how do we solve a problem like Boeing? “This can be really as big as a financial crisis,” considering how many businesses around the world rely on Boeing planes.
Persons: CNN Business ’, Tesla, Brian Jokat, it’s, can’t, ” Gad Allon, , ” Allon isn’t, Matt Stoller, ” Stoller, that’s, “ There’s, ” Allon Organizations: CNN Business, New York CNN, Boeing, American, Regulators, Latam Airlines, CNN, Wall Street Journal, FAA, Airbus, Pilots, University of Pennsylvania’s Wharton School of Business, American Economic Liberties, Boeing isn’t Locations: New York, Australia, New Zealand, American
A view of an oil well at Arab Desert in Jebel Dukhan, Bahrain on March 4, 2024. Crude oil futures were jolted out of their recent slump Wednesday after industry data showed falling U.S. crude inventories and Ukraine attacked Russian oil refineries again. The West Texas Intermediate contract for April gained $1.16, or 1.5%, to $78.72 a barrel. The Brent contract for May added $1.13, or 1.38%, to $83.05 a barrel. U.S. crude and the global benchmark have been on a recent losing streak as traders worried about demand in China and robust supply in the Americas, particularly the U.S.
Persons: Brent Organizations: West Texas Intermediate Locations: Jebel Dukhan, Bahrain, Ukraine, China, Americas, U.S
A LATAM Airlines pilot reportedly told a passenger that he had momentarily "lost control" of the plane. A passenger told CNN the pilot said the plane's gauges "just kind of went blank on me." AdvertisementAfter the flight landed, passenger Brian Jokat told CNN that he spoke to the pilot, who he said told him: "My gauges just kind of went blank on me." Jokat told CNN that he had been sleeping when the plane "dropped something to the effect of 500 feet instantly." The flight landed in Auckland on schedule, the airline said in its statement, while apologizing for "any inconvenience and discomfort" from the incident.
Persons: , Brian Jokat, Jokat, I'm, Lucas Ellwood, Ellwood Organizations: LATAM Airlines, CNN, Service, LATAM Airways, Boeing, New Zealand Herald, ABC Locations: Sydney, Auckland, New Zealand
The S & P 500 Volatility Index finished the week near 15 and is in a clear three- month uptrend from its mid-December low near 12, even as the S & P 500 has gained 10% since then. In fact, Friday the market minimized the headline damage to a mere two-thirds-percent dip in the S & P 500 through its signature rotational impulse. Some indicators — such as speculators remaining net short S & P 500 futures and brokerage strategists' muted index targets — imply the helpful wall of worry is not quite fully scaled. Since then, the S & P has delivered a 16.7% annualized total return, even after two bear markets and two other severe/prolonged corrections. And the S & P is only up 7% from its high 26 months ago, hardly in thin air.
Persons: what's, Eli Lilly, Martin Marietta, Nick Colas, Scott Chronert Organizations: Federal, Nvidia, Costco, pharma, Martin Marietta Materials, Vulcan, 3Fourteen Research, NYSE, Nasdaq, DataTrek, Citi
Opinion: Trump’s pernicious superpower
  + stars: | 2024-03-07 | by ( Opinion Frida Ghitis | ) edition.cnn.com   time to read: +8 min
She is a weekly opinion contributor to CNN, a contributing columnist to The Washington Post and a columnist for World Politics Review. His dark vision of what America is today, so divorced from reality, is aimed at frightening voters into supporting him. Frida GhitisThat is Trump’s pernicious superpower. But Trump’s speeches weave a fantasy that turns dark into light, and radiance into shadows. It’s a challenge for Biden, to overcome Trump’s practiced tactics – the Washington Post clocked 30,573 lies and misleading claims during his presidency.
Persons: Frida Ghitis, CNN —, Donald Trump, Trump, Webster, , Joe Biden’s, Biden, Herbert Hoover, Jimmy Carter, Abraham Lincoln, Adolf Hitler, White, that’s, , “ you’re, you’ve, Donald, ” Biden, Trump’s Organizations: CNN, Washington Post, Politics, Trump, Frida Ghitis CNN, Super, United Nations, NATO, Biden, Political Science Association, Abraham Lincoln 1st, Carnage Locations: Lago, America, Merriam, guffaws, United States
With markets on edge over the direction of inflation, a report Thursday that often flies under the economic radar is likely to take on more importance. The Commerce Department's measure of personal consumption expenditures prices could add to evidence that inflation is stickier than some economists and policymakers had thought. Two-year inflation breakevens, or the difference between Treasury yields and Treasury Inflation-Protected Securities, have surged in recent days. "But I think the labor market is a lot more fragile than people think. A report Wednesday confirmed that economic growth was solid to close out 2023, with fourth-quarter GDP accelerating at a 3.2% annualized pace adjusted for seasonal factors and inflation.
Persons: Mark Zandi, Zandi, shouldn't, we're, it's, , Susan Collins, Collins, Dow Jones, Dow, Michelle Cluver, Cluver, I've Organizations: Moody's, Boston, Securities, Treasury, Fed, Labor, CPI, Dow Jones, optimist Locations: U.S
Modi promised “a fresh start,” agreeing to meet the farmers’ demands and work with them to move forward. Police fire teargas to disperse farmers marching towards New Delhi during a protest at the Haryana-Punjab state border on February 21, 2024. It was a massive victory for the farmers, who pushed the Indian leader into a rare and uncharacteristic climbdown. The abject poverty and debt faced by many of India’s farmers has forced some to take extreme measures. “About 86% of Indian farmers are dependent on the markets.
Persons: Narendra Modi, Modi, , , Narinder Nanu, Devinder Sharma, Gurpreet, Prakash Singh, Arjun Munda, Sharma, ” Sharma, ’ Modi, Arati Jerath, Jerath, ” X Organizations: CNN, Police, Getty, Bharatiya Janata Party, BJP, Rapid Action Force, Bloomberg, Agriculture, India Brand Equity Foundation, country’s Department of Commerce, Farmers, “ Farmers, Roads Locations: New Delhi, Punjab, Haryana, AFP, Uttar Pradesh, China, India, Brazil, BJP, Pakistan, Bangladesh, Afghanistan, Shambhu, Patiala district
Running her fingers through her dreadlocks in an outdoor cafe overlooking San Juan’s grittily trendy Calle Loiza strip, Daymé Arocena reflected wistfully on an old flame. “There’s a song on the album, ‘American Boy,’ that I wrote 10 years ago,” she said, discussing a track from her latest LP, “Alkemi,” due on Feb. 23. “He was a serious bass player from New York, the first person who introduced to me free jazz. But I felt the song was so simple, so easygoing, so … pop, that it didn’t fit what I wanted” at the time. “I had that double world of rumba at home and Bach at school,” she said and smiled.
Persons: Arocena, , Santos Suárez, Amadeo Roldán, , Bach Locations: San, New York, Santos, Havana
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