This is Day 128 of the WGA strike and Day 55 of the SAG-AFTRA strike. New York Gov. Kathy Hochul paid a surprise visit to striking writers and actors outside Netflix offices in Manhattan on Wednesday, making good on what one union officer said was a “very, very last-minute” decision to briefly join the picket line and meet strike leaders.  Related Stories Dispatches From […]

The British construction sector expansion slowed in August as the growth in the commercial and civil engineering segments were not strong enough to offset a steep slump in house building and sharply weakening demand due to rising borrowing costs, the purchasing managers’ survey results from S&P Global showed on Wednesday. The Chartered Institute of Procurement & Supply Construction Purchasing Managers’ […]

How oil’s surge is upending the global status quo Brent crude oil was trading on Wednesday morning at around $90 a barrel for the second straight day, and is up 25 percent since June thanks to the prospect of more production cuts by leading oil exporters. The surge is sending ripples through the global stock and bond markets. And the […]

Federal auto safety regulators moved Tuesday toward a recall of about 52 million airbag inflaters used by a dozen major carmakers, calling the parts unsafe and susceptible to rupture. The National Highway Traffic Safety Administration scheduled a public meeting on Oct. 5 on its recommendation to recall the airbags, manufactured by ARC Automotive and Delphi Automotive Systems. ARC rejected the […]

Majestic vistas, burbling brooks and sanguine festival goers are the hallmarks of the Telluride Film Festival, a showcase for the most prestigious films of the year. But no amount of natural beauty can overcome the low-level of anxiety that coursed through this mountain town over Labor Day weekend. With dual strikes raging in Hollywood — the writers’ strike just hit […]

Jimmy Buffett, who died of cancer on Friday, was many things: a singer, a songwriter and a spokesman for tropical escape. But beyond crafting music that inspired listeners to grab a cold drink and take it easy, Mr. Buffett was also a businessman who turned his personal brand into a sprawling lifestyle empire that included everything from restaurants and resorts […]

When Dino Fusco began traveling to Salt Lake City in the early 2000s for Goldman Sachs’s real estate arm, the odds of finding a coffee shop or brewpub were essentially zero. The influence of the generally conservative Mormon community over state politics and social issues made alcohol and caffeine scarce. But in 2002, Utah began to plant the seeds of […]

In the April-June quarter (Q1) of 2023-24 (FY24), growth in sales of FSN E-Commerce Ventures (the parent company of Nykaa) decelerated to 24 per cent year-on-year (Y-o-Y), and 9 per cent quarter-on-quarter (Q-o-Q), compared with 34 per cent in the previous quarter, due to a decline in the beauty & personal care (BPC) and fashion division’s gross merchandise value (GMV). […]

Markets traded with cautious optimism ahead of key data releases in the week ahead including Job Openings, PCE-based inflation, non-farm payrolls, unemployment and manufacturing PMI from the U.S., inflation readings from Germany, France and Euro Area, as well as the PMI readings from China. Wall Street Futures are trading flat. European benchmarks are trading strong. Asian stock markets finished on […]