Imagine opening a doll box expecting to find your favorite Wicked character, but instead, you're greeted by an adult website? That’s exactly what happened to Mattel over the weekend. The toy giant found itself in hot water when the web address on its Wicked collection doll packaging led consumers to
Sony Pictures Entertainment had a tough Q2, with profits dipping to $124 million. This is a slide of 39% from the same period last year. Adjusted operating income was also down, coming in at $218 million, a decrease of 26%. Revenue took a 14% hit, landing at $2. 385 billion. Why the drop? Fewer T
Do companies gain from sharing their environmental, social, and governance (ESG) practices? Let's explore the impact on their intangible assets. When a company starts investing in ESG, it can boost its intangible capital, like reputation and customer trust. As time goes on and ESG investments grow,
You might think of celebrities as entertainers or athletes, but in China, CEOs are also becoming famous faces. A new study found that these celebrity CEOs are using their status to drive innovation in their companies. From 2015 to 2020, researchers looked at Chinese listed companies and discovered t
Amazon CEO Andy Jassy has clarified that the company's recent mandate for corporate workers to be in the office five days a week isn't a sneaky way to reduce headcount or please city officials. This new policy, announced in September and effective January 2, has sparked debate among employees. Some
Every holiday season, Oprah shares her highly anticipated list of 'Favorite Things. ' Most items are luxurious and not cheap. This year, a Minnesota company made the list for the 8th time! Softies, a family-owned business from Edina, started small in 2005. Their cozy lounge sets caught Oprah's eye
Have you heard about the boom in China's electric vehicle (EV) market? Analysts are buzzing about its growth and potential. Vincent Sun, an expert from Morningstar, said that China is leading the world in EV sales, with a huge jump to 8 million units sold by the end of September. That's almost half
Say goodbye to human models and hello to AI-generated glam bots! Fashion brands like Mango are jumping on the AI bandwagon to speed up ad creation. In July, Mango used these digital beauties in their ads, just before reporting record profits. They plan to use AI models for all future collections, ai
AGBO, a multifaceted production company co-founded by the Russo brothers, has appointed Dominic Hughes as their new Chief Scientific Officer. Known for his expertise in machine learning and AI, Hughes has a background working at Apple for over a decade. His role at AGBO will involve guiding the comp
Imagine starting your day like millions of people: waking up, commuting to work, and scrolling through social media. You laugh at cute cat pictures on Reddit, search for random facts on Google, and watch funny cat videos on YouTube. These routine activities might seem unrelated to stocks and finance
