The Walt Disney Co. is bleeding big money on its recent studio releases. That’s according to box office analyst Valliant Renegade whose recent YouTube video estimated that the House of Mouse has lost a staggering $890 million on its last eight films, including highly anticipated releases The Little Mermaid and Elemental. Elemental, which features Pixar’s…
Mother of Titan Submersible Victim Gave ‘Excited’ Son Her Spot on Doomed Vessel
The wife and mother of Titan submersible victims Shahzada Dawood and Suleman Dawood originally planned to make the trip with her husband but gave the spot to her 19-year-old son because he was “so excited” about the project and “really wanted to go.” Christine Dawood told the BBC on Monday that she had initially planned to…
Supreme Court Rejects Music Lawsuit Accusing Google of Stealing Song Lyrics
June 26, 2023
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The U.S. Supreme Court declined to hear an appeal by music website Genius Media Group after a lower court threw out its lawsuit against Alphabet, the parent company of Google, for stealing millions of song transcripts. On June 26, Supreme Court left in place a ruling that dismissed the suit by Genius, which accused Google…
Merck Facing Lawsuits for Allegedly Hiding Severe Psychiatric Side Effects of Asthma Drug
Pharmaceutical company Merck & Co. Inc. is facing lawsuits that accuse the firm of downplaying potential negative psychiatric effects of its asthma medication Singulair, including thoughts of suicide. Singulair, also known as montelukast, was launched by Merck in 1998, with the product label stating that the drug’s distribution in the brain was “minimal.” The company…
Fox News Announces Major Primetime Shakeup Months After Tucker Carlson’s Exit
Fox News announced Monday that it will launch a new primetime weekday lineup, coming two months after it announced it is parting ways with host Tucker Carlson. Nielsen data show that Fox News’ primetime ratings have dropped after Carlson’s departure. In March, the full month before Carlson’s departure, the former Fox News host’s 8 p.m….
Hollywood Star Ryan Reynolds Among New Investors Backing F1 Team Alpine in $218 Million Deal
June 26, 2023
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BOULOGNE-BILLANCOURT, France—After soccer, Hollywood stars Ryan Reynolds and Rob McElhenney are setting their sights on Formula One. F1 team Alpine has secured a 200 million euro ($218 million) investment from a group of investors that includes the actors. French automotive company Renault Group—Alpine’s parent company—said Monday that the group has acquired a 24 percent stake…
White House Unveils $42 Billion Investment Plan to Expand Internet Access
June 26, 2023
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The Biden administration has detailed how the government will divvy up $42 billion among the nation’s 50 states in an effort to expand high-speed broadband to every household and small business throughout the United States by 2030. In a fact sheet released on June 26, the White House said access to high-speed internet is no longer…
White House Announces $42 Billion Investment Plan to Expand Internet Access
June 26, 2023
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bidenBusiness & MarketsCompanieseconomic policieseconomyenergyExecutive Branchinfrastructure billinternetInvestmentPoliticsUSUS News
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The Biden administration has announced that the government will divvy up $42 billion among the nation’s 50 states in an effort to expand high-speed broadband to every household and small business throughout the United States by 2030. In a fact sheet released on June 26, the White House said access to high-speed internet is no longer…
2 Passengers Arrested for Unruly, Drunken Behavior After Their Flight Is Diverted to Greece
THESSALONIKI, Greece—An easyJet flight from the United Kingdom to Turkey was diverted to Greece early Sunday after two passengers became drunk, unruly, and started shouting at fellow passengers and crew, authorities said. The two Russian passengers, both men aged 48 and 39, respectively, were arrested after the plane, on a scheduled flight from Manchester to…
Bud Light Will Permanently Lose Nearly a Fourth of Its Business: Analysts
Some of Bud Light’s problems could be permanent, according to an analyst in a new note about the beleaguered brand in the wake of a boycott over its partnership with Dylan Mulvaney. “We believe recent underperformance implies a permanent reduction in ABI’s U.S. business,” Deutsche Bank analyst Mitch Collett wrote for Barron’s, referring to Anheuser-Busch…
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