Disney Plus sheds subscribers for second straight quarter
Subscribers to Disney Plus fell for the second straight quarter, the company said on Wednesday, though it stemmed financial losses as it...
2023-05-11 05:45
Pine Valley Golf Club Pays $100,000 to Settle NJ Suit Over Excluding Women
Pine Valley Golf Club has settled a gender-bias lawsuit with New Jersey, which alleged the 109-year-old club had
2023-05-11 05:45
Global Finance Chiefs to Plot Escape Routes for World Economy
A summer laced with economic strains looms for the world’s richest economies. In the US, President Joe Biden
2023-05-11 05:26
Beyond Meat revenue falls 16% in the first quarter due to weak consumer demand
Beyond Meat says its first-quarter revenue fell nearly 16% due to lower demand in most markets for its plant-based burgers, sausages and other products
2023-05-11 05:24
Transcript: AP interview with Richmond Federal Reserve President Tom Barkin
WASHINGTON (AP) — Here is a transcript of an Associated Press interview Wednesday with Tom Barkin, president of the Federal Reserve Bank of Richmond. It has been lightly edited for length and clarity.
2023-05-11 05:23
Disney posts higher second-quarter earnings and revenue thanks to strong theme parks business
Ongoing strength at its theme parks and an improving streaming business propelled The Walt Disney Co. to higher profits and revenue in its fiscal second quarter
2023-05-11 05:20
Topgolf Sinks Most Since 2020 on Concern Golf Boom Is Fading
Topgolf Callaway Brands Corp. tumbled by the most since October 2020 on Wednesday after the company cut its
2023-05-11 04:47
Beyond Meat reports smaller quarterly loss on cost cuts, higher demand
(Reuters) -Beyond Meat reported a smaller quarterly loss on Wednesday, benefiting from easing supply chain pressures, cost control measures and
2023-05-11 04:29
Disney trims streaming losses
Disney reported a drop in adjusted quarterly profits, even as it trimmed losses on its streaming business and reported stronger profits from its theme parks.
2023-05-11 04:20
Disney cuts streaming losses, resurgent parks boost results
By Lisa Richwine and Dawn Chmielewski LOS ANGELES Walt Disney Co reduced losses in its streaming media unit
2023-05-11 04:17
What to know about the charges against George Santos and what happens next
Rep. George Santos has been charged in a federal criminal probe that -- from a legal standpoint -- won't affect his status as a member of Congress but will ensnare him in a potentially yearslong court process that could result in a sentence of several years in prison.
2023-05-11 04:16
George Santos calls federal charges a ‘witch hunt’ and refuses to resign following arrest
George Santos described criminal charges against him as a “witch hunt” in a defiant press conference following his arrest on Wednesday. The New York congressman spoke outside a federal courthouse after being arraigned on charges of fraud, theft of public funds and money laundering. “It’s a witch hunt,” he told a crowd of reporters. “I’m gonna fight my battle, I’m gonna deliver, I’m gonna fight the witch hunt, I’m gonna take care of clearing my name,” he said, adding that he was planning to run for reelection. The 34-year-old congressman for New York’s third district, who won his election after a campaign that was littered with lies about his past, was arrested shortly after 9am after turning himself in to authorities. In the 13-count indictment, federal prosecutors accused Mr Santos of lying on financial disclosure forms he filed to the House when he became a candidate, first by overstating his income from one job and failing to disclose income from another, and secondly by lying about his earnings from his company, the Devolder Organization. Prosecutors also allege that Mr Santos fraudulently used donations to his political campaign for his own benefit, spending “thousands of dollars of the solicited funds on personal expenses, including luxury designer clothing and credit card payments.” The indictment alleges that Mr Santos’s fraud began before his successful run for Congress, accusing him of running an unemployment insurance fraud scheme in which he applied for government assistance in New York while still employed by a Florida-based investment firm. “Taken together, the allegations in the indictment charge Santos with relying on repeated dishonesty and deception to ascend to the halls of Congress and enrich himself,” Breon Peace, the US attorney for the Eastern District of New York, said in a statement. Mr Santos pleaded not guilty to the charges and was released on a $500,000 bond following his arraignment, which lasted for around 15 minutes. His lawyer said that the congressman surrendered his passport to the court. Mr Santos could face up to 20 years in prison if convicted. Read More Here are the 13 counts New York Rep. George Santos faces George Santos pleads not guilty to duping donors, stealing campaign cash to burnish wealthy image George Santos pleads not guilty to 13 charges – live
2023-05-11 03:49