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Minneapolis CNN —For 90-plus years, the Parkway Theater has been a fixture in South Minneapolis, gathering generation after generation of patrons in front of its lone movie screen. The Parkway Theater of today is one part revival house cinema, one part performing arts venue, and another part community event space. Parkway Theater owners Ward Johnson (left) and Eddie Landenberger in the theater lobby in Minneapolis on July 8. Moviegoers at a drive-in movie theater in the parking lot of the Rose Bowl in Pasadena, California, on September 3, 2020. Still, cinema operators have to be cautious in their approach, said Kate Markham, administrative coordinator with Art House Convergence, a coalition of independent, community-oriented cinemas.
Persons: David Hancock, Omdia’s, , ” Hancock, “ Young Frankenstein ”, moviegoing, , Ward Johnson, Eddie Landenberger, Christian Meoli, , Ricard Gil, Michael Tullberg, ” Gil, “ Barbie, Ward, Alicia Wallace, ” Johnson, ” Andrew Sherburne, “ We’re, Meoli, there’s, showmen, Bing Guan, , Bill Campbell, showmen ”, Rich Daughtridge, they’ll, ” Campbell, Kate Markham Organizations: Minneapolis CNN —, Parkway, CNN, Omdia, Theater, Cinelounge, Wim, Queen’s University, Disney, El Capitan Theatre, Hollywood, Global Entertainment, Media, Blockbuster, Rose Bowl, Bloomberg, Independent Cinema Alliance, Orpheum, ICA, Art, cineplex Locations: Minneapolis, South Minneapolis, London, California, Canada, Los Angeles , California, , Iowa City , Iowa, That’s, Tiburon , California, Pasadena , California, Covid, Sheridan , Wyoming, Maryland
Amazon and Apple both reported earnings on Thursday, with Amazon missing on revenue and issuing a disappointing forecast and Apple showing top-line growth of just 5%. The one mega-cap tech company that's yet to release results is Nvidia, which has been the biggest winner in the AI boom. The stock is down 17% over the Nasdaq's three-week slump, though it's still up more than 110% for the year. Intel reported a big earnings miss and announced a mass restructuring that includes eliminating 15% of its staff. CEO Pat Gelsinger told CNBC on Friday that it's the "most substantial restructuring of Intel since the memory microprocessor transition four decades ago."
Persons: Stephanie Keith, Josh Koren, Koren, CNBC's, Brian Olsavsky, Meta, Mark Zuckerberg, Zuckerberg, it's, Pat Gelsinger, INTC, Bernstein Organizations: Nasdaq, Bloomberg, Getty, Labor Department, Musketeer Capital Partners, Apple, Amazon, Microsoft, Mizuho, Meta, Wall, Nvidia, Intel, CNBC, KeyBanc, Markets Locations: New York, freefall, U.S
Learn moreThe LG G4 is one of the most stunning premium displays I've tested. Judged against other 2024 models, the LG G4 is easily one of the best TVs you can buy for top-notch image quality. But the G4 is technically the best OLED TV LG has ever made. LG 65-inch G4 OLED 4K TV The G4 is one of the most impressive OLED TVs we've tested, but its benefits over last year's more affordable G3 are subtle. Steven Cohen/Business InsiderThe LG G4 delivers high-end image quality that's a clear step above cheaper TVs.
Persons: It's, HLG, Steven Cohen, I'm, you'll, steadying, it's, webOS Organizations: Business, LG, Amazon, Walmart, Dolby, HLG Smart, Sony, Samsung, Google, Disney, Luna
With AWS humming and management identifying more ways to lower its cost to serve, Amazon's profitability story is still intact. Olsavsky said the profitability of North America stores improved quarter over quarter, driven by further improvements in its cost to serve. The company expects net sales of $154 billion to $158.5 billion, an increase of 8% to 11% year over year. The high end of guidance captures the consensus of $158.2 billion, but it's a miss on the analysts' consensus of $156.25 billion. Management expects operating income of $11.5 billion to $15 billion, which at a midpoint of $13.25 billion misses the consensus of $15.34 billion.
Persons: hasn't, Andy Jassy, Jassy, There's, Brian Olsavsky, Olsavsky, it's, Jim Cramer's, Jim Cramer, Jim, Michael Kappeler Organizations: Revenue, LSEG, Walmart, Target, Microsoft, Web Services, AWS, North, Amazon, Management, CNBC, Getty Locations: North America, Manhattan
Amazon is pointing to an unusually busy news cycle as one of the drivers behind its weak revenue forecast. For the third quarter, which runs through September, Amazon said it expects revenue of $154 billion to $158.5 billion. The disappointing guidance, coupled with a revenue miss for the second quarter, sent Amazon shares sliding more than 7% in extended trading. Disclosure: CNBC parent NBCUniversal owns NBC Sports and NBC Olympics. NBC Olympics is the U.S. broadcast rights holder to all Summer and Winter Games through 2032.
Persons: Andy Jassy, Brian Olsavsky, Olsavsky, Donald Trump, Amazon, didn't, Jassy, Wayfair, Josh Silverman, It's Organizations: Amazon.Com Inc, Paris Olympics, U.S, Republican National Convention, Amazon, CNBC, Paris, NBCUniversal, NBC Sports, NBC Olympics, NBC, Games Locations: Seattle , Washington , U.S, Pennsylvania, U.S
How YouTube Took Over Our Television Screens
  + stars: | 2024-07-30 | by ( Nico Grant | John Koblin | ) www.nytimes.com   time to read: +1 min
Two years ago, YouTube abandoned its audacious plan to beat Hollywood at its own game. So it canceled the shows and fell back on the user-created content that had made it a household name. Now, YouTube consistently ranks as the most popular streaming service on U.S. televisions, surpassing the companies it once tried to emulate. Since Netflix started offering original content in 2012, TV networks have jumped into the streaming race, trying to outflank one another with major upfront investments. Netflix alone spends $17 billion a year on new series and movies as well as on older fare from other companies’ libraries.
Organizations: YouTube, Hollywood, Netflix, Disney, Paramount
The new Ola electric scooters displayed during its launch at the Ola headquarters in Bangalore on August 15, 2021. With e-scooter prices starting at around $900, Ola Electric has become the biggest player in a country where adoption of clean vehicles is still low, but rising rapidly. In the IPO, Ola will issue new shares to raise $657 million while existing investors offload their stake of about $77 million to IPO investors, the term sheet showed. Aggarwal and investors such as SoftBank and Matrix Partners will sell part of their stakes in the IPO. Monday's newspaper ad showed 10% of the IPO will be reserved for retail investors, with proceeds going to fund capital expenditure and research and development efforts.
Persons: Manjunath Kiran, MANJUNATH KIRAN, Ola Electric, Narendra Modi's, Tesla, Ola, Bhavish Aggarwal Organizations: Ola, Getty, Tata Motors, TVS, Hyundai, West, Temasek, Fidelity, Nomura, Norges Bank, Reuters, Financial Express, Matrix Partners Locations: Bangalore, India
Read previewWarning: Major spoilers ahead for "Deadpool & Wolverine." "Deadpool & Wolverine" is finally in theaters, and you're going to want to stick around until the very end. Although the character sacrificed himself in the 2017 movie "Logan," Jackman returns as a Wolverine variant in "Deadpool & Wolverine." 20th Century FoxIn "Deadpool & Wolverine," Chris Evans reprises his role as the lovable-yet-cocky Johnny Storm/Human Torch. The "Deadpool & Wolverine" end-credits scene milks Evans' cameo for everything it's worth by elaborating on the moment that led to Johnny's brutal death.
Persons: , Shawn Levy, Ryan Reynolds, Wade Wilson, Deadpool, Hugh Jackman's Logan, Wolverine, Jackman, Fox Jackman, Logan, Reynolds, Patrick Stewart, Charles Xavier, X, Halle, Chris Evans, Johnny Storm Chris Evans, Johnny Storm, Steve Rogers, Captain America, Johnny, they're, Cassandra Nova, Emma Corrin, Cassandra, Jay Maidment, what's, milks Evans, Wade, he's Organizations: Service, Business, Marvel, Halle Berry, Century Fox, Disney, Fox, TVA, Marvel Studios
International Olympic Committee President Thomas Bach with Salt Lake City Utah delegation members after it was announced that Salt Lake City Utah will be the location for the 2034 Winter Olympics. PARIS — The Winter Games will make a return visit to Salt Lake City in 2034 while the 2030 Olympics were tentatively set for the French Alps, officials said Wednesday. "The last 10 days of my life were totally unexpected," Fraser Bullock, head of the Salt Lake City bid, told NBC affiliate KSL minutes after the vote for Salt Lake City. But with an 83-6 vote for Salt Lake City to host, Bullock said he believes the IOC has total confidence in 2034 organizers. The naming of Salt Lake City and French Alps as the next two winter sites had been in the works for months, with only moderate concerns rooted in France's snap elections.
Persons: Thomas Bach, PARIS —, Spencer Cox, Erin Mendenhall, Peacock, Fraser Bullock, Bullock, Utahans, Kaitlin Eskelson, it's, Emmanuel Macron Organizations: Olympic, Utah Gov, Olympic Committee, Winter, IOC, Doping Agency, U.S, NBC, KSL, Washington, Eccles, University of Utah, United Locations: Salt Lake City Utah, PARIS, Salt Lake City, Salt Lake, Paris, Tokyo, Utah, Rice, United States, Lake Placid, Squaw, France, Chamonix, Grenoble, Albertville, French
One of Best Buy's major hopes to drive sales comes from artificial intelligence-enabled laptops and smartphones. Best Buy expects revenue to range from $41.3 billion to $42.6 billion, a decline from $46.3 billion last year. (Best Buy is among the retailers that have participated in the Amazon-created retail holiday by offering up its own deals.) The collection, which includes roughly 40 different items with about 40% exclusive to Best Buy, began to get delivered in mid-June. A Best Buy store in Woodbridge, Virginia, US, on Tuesday, May 21, 2024.
Persons: Melissa Repko, Corie Barry, Barry, Steven Zaccone, Gram, Nathan Howard, headwinds Organizations: CNBC, Citi Research, Adobe Analytics, Apple, Samsung, Microsoft, YouTube, company's, Bloomberg, Getty Locations: Secaucus, N.J, Woodbridge , Virginia
An Amazon contract worker pulls a cart of packages for delivery in New York, US, on Monday, April 22, 2024. Online spending in the U.S. surged 11% year over year to $14.2 billion during Amazon 's 48-hour Prime Day event, topping estimates and setting a new record, according to Adobe Analytics. Amazon's Prime Day event, which ran Tuesday and Wednesday, has become a big revenue driver for other retailers, which often hold competing sales timed around Prime Day. Amazon said Thursday it also saw "record-breaking" Prime Day revenue, though it didn't disclose total sales from the event. WATCH: Prime Day is a big marketing event for Amazon
Persons: Amazon, Rufus, Amanda Schoenbauer Organizations: Amazon, Adobe Analytics, Adobe, Shoppers Locations: New York, U.S
View at AmazonThere are even more options for Prime Day Apple Watches, and Prime Day iPads still available in our other guides. For an extensive breakdown divided up by size, see our full roundup of Prime Day TV deals. View at AmazonThere are even more sleep deals where those came from — check out our roundups of the best Prime Day mattress deals and Prime Day pillow deals. Do I need to be an Amazon Prime member to buy Prime Day deals? Amazon Prime Day deals are comparable to Black Friday and Cyber Monday, with the main difference being that Amazon is the only participating retailer.
Persons: Siri, They're, you’ll, Jonathan Adler, it's, dehumidifier, vacs, Fryer, Foodi, Fry, fryer, MagSafe, Kate Spade, they're, Bose Smart, Ray Soundbar, Ray, Anker, Amazon Nathan James Hugo Wood Nightstand, Nathan James, Inaba, waddle, Dyson, , Gabrielle Chase, , we've, haven't Organizations: Business, Amazon, Apple, Amazon Apple, Apple Health, Amazon LG, Amazon Samsung, Sony WH, Sony, Amazon Sony WH, Amazon Anker, Amazon Bose, Amazon Beats, Samsung, Clarks, Casper, Pillow, Morris, Morris & Co, Toshiba, LG, Dell, Galaxy, Alexa, Amazon Alexa, Hatch, Amazon Belkin, Apple Watch, Nintendo, Nova, Nova Pro, Logitech, Lightspeed, Mac, lounging, Amazon Canada, packers, Amazon Fisher, Prime, Chatelet Air, Dyson, Amazon Philips, Philips, Amazon Prime, Deal Locations: PopSockets, York
Prime Day TV dealsThis Prime Day, we're seeing some of the biggest price drops of the year on top TV models from our favorite brands. Prime Day laptop dealsLaptops go on sale year-round, but Prime Day is traditionally the best time of year to make a purchase. Prime Day mattress dealsMattresses go on sale several times a year, but few sales offer as lucrative mattress discounts as Prime Day. Prime Day Amazon device dealsDuring Prime Day, many of the best Amazon devices see their lowest prices ever. Prime Day travel dealsSummer travel is underway, and so are the best Prime Day deals on luggage and backpacks.
Persons: We've, AirPods, we've, Siri, Samsung's, They're, you’ll, He's, Jonathan Adler, it's, dehumidifier, Dyson, vacs, Crisp, we're, Fryer, Foodi, Fry, fryer, they're, Bose Smart, Ray Soundbar, Ray, Anker, You'll, iPhones, MagSafe, Kate Spade, scoped, Amazon Nathan James Hugo Wood Nightstand, Nathan James, waddle, Inaba, haircare, , Gabrielle Chase, , haven't Organizations: Business, Apple, Amazon Apple, Apple Health, Amazon, Amazon LG, Amazon Samsung, Sony WH, Sony, Amazon Sony WH, Amazon Anker, Amazon Bose, Amazon Beats, Samsung, Clarks, Casper, Pillow, Morris, Morris & Co, Dyson, Upright, Toshiba, FlexBrew, Hamilton, LG, Dell, Alexa, Amazon Alexa, Hatch, Amazon Belkin, Apple Watch, Logitech, Seagate, ASUS, Meta, Nintendo, Nova, Nova Pro, Lightspeed, Mac, Google, Galaxy, lounging, packers, Amazon Fisher, Prime, today's, Chatelet Air, Amazon Canada, Amazon Philips, Philips, Amazon Prime, Deal Locations: November's, PopSockets, York
Some of the biggest discounts we're seeing are on 4K displays, including the gorgeous Samsung Frame TV. You can also save 23% on a 65-inch Frame TV or save 22% on a 75-inch Frame TV with the teak bezel. Some of the Frame TV deals we've highlighted feature the 2022 version of the display while others feature the newer 2024 model. View at AmazonSamsung 65-inch Frame TV (2024) with Teak Bezel $1,697.99 $2,195.98 Save 23% Samsung's Frame TV is designed to be hung flush against your wall like a hanging piece of art. View at AmazonSamsung 85-inch The Frame TV (2022) $2,597.99 $4,297.99 Save 40% Samsung’s 85-inch Frame TV may be the next extra-large TV for you.
Persons: there's, we've, it's, Steven Cohen, It's Organizations: Business, Samsung, Amazon Samsung, Amazon Prime
Learn moreAmazon Prime Day is on its second and final day, and it's always interesting to see what you, our readers, buy during the big sales event. So far, readers have been especially keen on Prime Day Apple deals, including 32% off the AirPods Pro. Unsurprisingly, Prime Day TV deals have also been popular, with big-screen displays like the LG G3 OLED enjoying significant discounts. Below, you can find 17 of the most popular deals our readers have been grabbing during Prime Day. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for more.
Persons: Apple, We've, Siri, Foodi, Fry, fryer Organizations: Business, LG, Amazon Prime, Apple AirPods, Apple, Air, MacBook, Amazon Apple, Apple Health, Amazon LG, Amazon Samsung, Amazon, Apple Watch
The best Prime Day deals are the ones that let you fill a need in your life while saving a few bucks. Read on for our editor's personal picks from this year's sale, and catch the remaining sales in our main Prime Day deals hub. Amazon Prime Day deals our experts bought themselvesI'm moving from a huge home in Kansas to a tiny apartment in New York City. I used Prime Day as an opportunity to downsize to a smaller model that was recommended by our air fryer expert. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for more.
Persons: you've, Read, fryer, — Lauren Savoie, I've, It's, Samantha Crozier, Gabrielle Chase, Sam, Sally Kaplan, TCL, Brendan Griffiths, Anker, — James Brains, — Sally Kaplan, Dot, — Christopher Meinck, They're, it's, — Jaclyn Turner, Lauren Savoie, I'm, I'd, — John Lynch, They've, Mandolines, NoCry, Les Shu Organizations: Business, Amazon Prime, Sony, Microsoft, Taco Bell, Lenovo, Echo, Commerce, JW, JW PEI, Love Locations: Kansas, New York City, Taco, Crystal City, Hawaii, Brooklyn, Europe
So when worldwide events like the Covid-19 pandemic push inflation well above that 2% target, it can be a real shock to consumers. There are a handful of retail categories, dominated by consumer electronics, that buck the trend and are actually cheaper now than they were before the pandemic, based on a CNBC review of CPI categories in June 2024 compared with June 2019. Same price, better valueEven when annual inflation was at its peak, prices for consumer electronics consistently showed signs of deflation. Such hedonic adjustments — the term BLS uses to describe it's adjustments for changes in item quality — span the whole consumer price index and include categories from men's underwear to home computers to refrigerators. Why televisions continue to be cheapBut hedonic adjustments can't account for everything when the CPI is registering drops in prices.
Persons: it's, Andrew Csicsila, That's, Csicsila Organizations: U.S . Federal Reserve, U.S . Bureau of Labor Statistics, CNBC, CPI, Bureau of Labor Statistics Locations: Americas
Learn moreLike all great things in the modern era, I first saw LG's portable StanbyMe TV on TikTok. I even take it on the balcony so I can watch TV while getting sun. It's one of my favorite purchases, and it's on sale right now for a whopping $200 off for Prime Day. Plus, be sure to check out more of our favorite Amazon Prime Day deals on items we love, including tons of additional Prime Day TV deals. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for more.
Persons: I've, Samantha Crozier, I'm Organizations: Business, New, LG, Prime, Amazon Prime, Bluetooth, Smart Locations: New York City
Below, our tech experts have curated a running list of all the best Prime Day TV deals so far, and we've compiled even more savings across all categories in our full Prime Day deals roundup. The best Prime Day TV deals are expected to remain active through July 17 while supplies last. TCL 55-inch Q7 4K QLED TV $448.00 $598.00 Save 25% The Q7 is one of the top midrange QLED 4K TVs. View at AmazonLG 65-inch C4 OLED 4K TV $1,796.99 $2,699.99 Save 33% The C4 is LG's latest midrange 4K OLED TV. View at AmazonHisense 85-inch U8N QLED 4K TV $1,798.00 $2,799.99 Save 36% The U8N is Hisense's 2024 flagship QLED TV.
Persons: we've, 60Hz, HLG, 120Hz, it's, OLEDs Organizations: Business, Samsung, LG, Dolby, HLG Smart, Google, Amazon, Amazon Samsung, Amazon LG, Sony, Toshiba, Amazon Prime Locations: TCL, QLED
While some of the best Amazon Prime Day deals include sales on Apple products, TVs, and other tech items, Prime Day is also a great time to invest in personal care items. Whether shopping for yourself or gifting someone else, Prime Day is the best time to splurge on a high-end shaver without breaking the bank. View at Amazon What we like Check mark icon A check mark. Additionally, we've consistently found that Amazon Prime Day offers the lowest prices on some of the best products. In order to shop on Prime Day, you'll need an Amazon Prime membership.
Persons: I've, shaver, we've, Pricey Philips, trimmer, It's, Amazon Philips Norelco Shaver, Remington Balder, Gillette Organizations: Business, Apple, Mower, Best Prime, Braun, Amazon Philips, Philips, Remington, Amazon
View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.
Persons: haven't, they're, Apple, We're, Siri, we'll, doesn't, Amazon Nathan James Hugo Wood Nightstand, Nathan James, we've, Dyson, you've, it's, fryer, Bose Organizations: Business, Echo, Amazon, Apple, Amazon Apple, Apple Health, Amazon Prime, Olympics, Sony, LG, Samsung, Dolby, Amazon Samsung, lounging, Amazon Philips, Philips, Bose, Amazon Sony WH
Under the long-standing law, companies can face ruinous penalties for price discrimination only if they're discriminating against other businesses. Tyler Le/BII say low-grade shock because at the time personalized pricing discrimination was far less widespread and harmful than it is today. And many of those that don't disclose using personalized pricing still do it. AI pricing also means that those who are the most desperate and most vulnerable will often pay the most. So much of AI pricing acts as a regressive tax, charging those with the most the least.
Persons: I'm, I'd, Robinson, Tyler Le, Price, Uber, might've, it's, you've, Tinder, Nikolas Guggenberger, Guggenberger Organizations: American Prospect, Walmart, Smart, Mozilla, Consumers International, University of Houston Law Center, Zephyr Locations: London, United States
Insider Today: Scammers on the loose
  + stars: | 2024-07-06 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com   time to read: +6 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But first: Scammers are on the loose. AdvertisementThe FBI said last year thousands of people lost $350 million to real-estate scams in 2021, an increase of 64% from 2020. In fact, BI has been reporting on scams and how they can wreck one's financial life and sanity for years. AdvertisementMore of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor in chief of life, in New York.
Persons: , Tyler Le, Daniel Pietschnig, Alcynna Lloyd, they'd, Monica Humphries, it's, Max Nieuwdorp, Chelsea Jia Feng, Mark Von Holden, Rebecca Zisser, Kevin Costner's, Kevin Costner, Costner, Stefano Secchi, Axel F, Eddie Murphy, Axel Foley, Sam Taylor, Amy Winehouse, Dyson, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan, Amanda Yen Organizations: Service, Rome, Business, FBI, Research, Warner Bros, Variety, Images, Netflix Locations: Italian, New York, New York City
That's why I've gathered the best Independence Day deals to help make shopping easier. The best Independence Day mattress salesMattress stores love an occasion to hold a sale, and the 4th of July is no exception. For the holiday, prices match those we saw during Presidents Day and Memorial Day from Leesa, Casper, and Mattress Firm. Amerisleep : Get $500 off any mattress with the promo code JULY500: Get $500 off any mattress with the promo code Awara : Get up to 50% off mattresses. The best Independence Day tech salesWhen it comes to tech like TVs, smart speakers, and headphones, you're probably better off waiting for Amazon Prime Day coming on July 16.
Persons: I've, I'd, Burrow, Lily, That's, Eddie Bauer Organizations: Business, Amazon, Independence, Amazon Prime, Mattress, Luxe, Abt, eBay, GE, LG Locations: Thermacell, Leesa, Casper
To help you browse the best ones going on now, I've rounded up the best 4th of July sales below. The best 4th of July electronics and appliances sales Appliances and electronics are notorious for their hefty price tags, which makes sales like these priceless. In time for the warming weather, I'm seeing some great price drops on air conditioner picks from our guides to the best portable air conditioners and the best air conditioner units. Burrow The best 4th of July home and kitchen dealsIt's a good time to buy furniture, whether you're shopping for indoor or outdoor pieces. SaatvaThe best 4th of July mattress dealsMattresses are on sale most of the year, it's true.
Persons: it's, We'll, BioLite, Abt Friedrich, Friedrich, AJ, AJ Madison Traeger, TCL, Rumpl, Kit, Burrow, Lauren Savoie, Hannah Freedman, Cha, they're, you'll Organizations: Business, Ikea's, Steam, LG, GE, Amazon Prime, Abt, eBay, Energy, AJ Madison, Independence, Samsung, Apple AirPods, Apple, Amazon, GE Gaming, Day, tote Locations: Burrow, Kyusu, Cha Kyusu, Brooklyn, Lo
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