European shares look set to extend recent losses on Thursday as investors fret over aggressive Fed rate hikes. Crude prices continued to slide, with Brent oil futures nearing $95 a barrel, on worries about the ailing state of the global economy. Gold hit a six-week trough, the dollar gained ground and Treasury yields rose broadly after several Fed officials reiterated […]

Disney’s chief financial officer Christine McCarthy said today, “We like the hand we have with ESPN,” calling the sports network and streamer an important piece of the broader portfolio. She made the comments at a media conference in response to a question about investor Daniel Loeb of Third Point Capital, who last month sent a letter to Disney CEO Bob […]

The $10.8 million sale of a Denver building will spark the introduction of a new co-warehousing concept in the Mile High City. FlexHQ, a real estate company, recently purchased a 76,000-square-foot building at 5180 Fox St. in Denver. It consists of mostly warehouse space, with more than 6,000 square feet of office. The brand, headquartered in California, buys traditional warehouse […]

Magnolia Provision Co., Inc. recalled about 497 pounds of ready-to-eat beef jerky products for possible contamination with Listeria Monocytogenes, a deadly bacteria, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) said in a statement. The problem was discovered after the firm reported to FSIS that it received confirmation from their third-party lab that a product contact surface […]

EXCLUSIVE: The 1/52 Project, a new financial grant program founded by Tony Award-winning set designer Beowulf Boritt, has selected the first seven early-career designer recipients to benefit from $100,000 in grants. Each of the inaugural recipients will receive grants up to $15,000, with applicants chosen based on talent, creativity, innovation, and potential for future excellence in the professional theatrical field. The […]

According to the United Nations World Population Prospects, as of 2019 there were about 600,000 people alive who were 100 years old or older. Some of them are famous, such as television producer Norman Lear, TV journalist Bernard Kalb, and Rachel Robinson, widow of baseball pioneer Jackie Robinson. Two stars of Hollywood’s golden era – Olivia de Havilland and Kirk […]

UPDATED with settlement, 1:25 PM: Netflix has settled the $5 million lawsuit filed against the streamer over its hit limited The Queen’s Gambit. Terms of the settlement reached today weren’t announced. The suit was filed by Soviet chess icon Nona Gaprindashvili, who alleged sexism and historical inaccuracy in the series starring Anya Taylor-Joy as Beth Harmon. In the final episode, […]

New York (CNN Business)CVS believes that the future of health care is house calls from doctors. The pharmacy giant announced Monday that it will buy Signify Health, which offers at-home health care visits, for $8 billion. Signify contracts with a network of 10,000 doctors and clinicians and about 2.5 million patients use its platform. “This transaction is a significant step […]

The Organization of the Petroleum Exporting Countries (Opec) and its partners, such as Russia, collectively termed Opec+, have decided to cut crude oil production by 100,000 barrels per day (bpd) from October onwards, at a meeting on Monday. In a step that may increase prices in India, the group has decided to reduce output quotas for October, after a fall […]