BUSINESS

Oct 18 2024BUSINESS

New Boss at Constantin Film Shakes Things Up

Oliver Berben, the new head of Constantin Film, is taking on the fast-changing German media scene with a new strategy. He's all for the government's plan to tweak production incentives and make broadcasters invest more in European shows. Berben thinks it's time for producers to find new ways to make

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Oct 18 2024BUSINESS

Upgrade Your Mac for Less: Lifetime Microsoft Office 2019

Are you tired of paying subscription fees for office software? Here's a deal that might interest you. For a short time, you can get Microsoft Office Home & Business 2019 for Mac at an incredible price. This isn't the cloud-based version you might be thinking of; it's the older, standalone package. T

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Oct 18 2024BUSINESS

Netflix's Ted Sarandos: Skipping Theaters is Good Business

Netflix co-CEO Ted Sarandos recently backed up the streaming giant's decision to mostly forgo theatrical releases. During a call with Wall Street analysts, he explained that Netflix is primarily focused on the subscription streaming business, and it's doing quite well. Sarandos pointed out that the

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Oct 18 2024BUSINESS

Crime Wave Forces Pharmacy Closures on Upper East Side

The Upper East Side is losing more pharmacies due to rising crime rates. Next month, another Duane Reade will close, adding to the already six big-box pharmacies that have shut down in the last year. Residents are worried about longer lines and travel times to get their prescriptions. Andrew Fine, c

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Oct 17 2024BUSINESS

AI-Driven Chip Sales Soar: TSMC's Profit Jumps 54%

Taiwan Semiconductor Manufacturing Company, or TSMC, just revealed a massive 54% increase in profits for the third quarter. This huge jump is largely thanks to the booming demand for AI-powered chips. The company's net income hit a whopping 352.3 billion Taiwanese dollars, which is roughly $10.1 bil

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Oct 17 2024BUSINESS

U. S. Shoppers Keep Buying; Unemployment Drops After Storms

September saw a surprising boost in retail sales, rising 0.4% compared to the previous month. This bump was even better than the experts' guesses. And guess what? People are buying way more stuff than just cars: those sales jumped 0.5%. Even factors like inflation barely made a dent when you look at

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Oct 17 2024BUSINESS

Shopping Sprees Boost Economy as Jobless Claims Drop Unexpectedly

Retail stores have seen a bigger bump in sales than expected last month. Despite some hurricanes causing chaos, new jobless claims dropped by surprise. This good news has traders thinking a rate cut by the Fed is almost guaranteed next month. More numbers are coming out later today, including how w

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Oct 17 2024BUSINESS

Uber's Big Travel Move: Talking About Buying Expedia

Imagine Uber, the ride-hailing giant, making a big splash in the travel world. That's right, they've been chatting about buying Expedia, a company worth a whopping $20 billion! This deal could take Uber beyond cars and food delivery, opening up a whole new world of flights, hotels, and activities. B

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Oct 17 2024BUSINESS

Meta Firings: When $25 Credits Go to Wine Glasses

Meta, the company behind Facebook and Instagram, recently gave the boot to over 20 employees in Los Angeles. Why? They were caught red-handed using food credits meant for meals to buy stuff like toothpaste and wine glasses. These credits were supposed to be used for food delivery services like Uber

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Oct 17 2024BUSINESS

Netflix's Shift: What to Expect from Q3 Earnings

Netflix is gearing up to share its third-quarter earnings, and investors are eager to dive into the details. The streaming giant has been making some big changes, like introducing an ad-supported plan and diving into live sports. But what everyone really wants to know is how the company's password c

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