Ron DeSantis’s attorneys say that The Walt Disney Co. lacks standing to sue him in the company’s federal lawsuit over the Florida governor’s moves to strip the company of control of a special district that covers its Orlando theme parks. DeSantis’s legal team also contends that the governor has sovereign and legislative immunity from the litigation, in which the company […]

WeWork, which lost billions of dollars building and operating a global empire of co-working spaces, warned investors on Tuesday that it might not be in business for much longer. “Substantial doubt exists about the company’s ability to continue as a going concern,” the company said in a financial filing. The announcement did not come as a surprise. WeWork’s stock has […]

EXCLUSIVE: Following the powerhouse Netflix launch of his latest feature, the action thriller Kill Boksoon, Byun Sung-Hyun has signed with Independent Artist Group for representation. A South Korean writer-director on the rise, Byun saw Boksoon debut as a Netflix Original in March after making its world premiere at the Berlin Film Festival. The film centers on Gil Bok-Soon (Jeon Do-yeon), […]

Fox CEO Lachlan Murdoch said linear television is still the best way to protect the company’s sports programming, which, at the moment, “derives the most value from being behind a paywall, behind the traditional cable and satellite pay-TV universe.” Related Stories Fox Corp. Hits Quarterly Target Despite Advertising Dip AMC Entertainment Rides Box Office Revival To Top Q2 Forecasts While […]

Euro area manufacturing slowdown worsened in July amid steeper declines in output, new orders and purchases, signaling that the economy is heading into a recession, final survey results from S&P Global showed on Tuesday. Official data showed that the unemployment rate remained unchanged at a record low in June despite the weak economic activity. The HCOB final factory Purchasing Managers’ […]

After ending yesterday’s lackluster session modestly higher, stocks may move back to the downside in early trading on Tuesday. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.5 percent. Profit taking may contribute to initial weakness on Wall Street, as some traders look to cash in on […]

Market sentiment remained mixed ahead of key data releases lined up for the week. Manufacturing PMI and Job Openings data from the U.S are due later in the day. Bank of England’s interest rate decision and Services sector PMI readings from the U.S. are due on Thursday. The unemployment report and the monthly non-farm payrolls report are due on Friday. […]

In March, the International Space Station had to perform two maneuvers in the span of a week in order to avoid collisions with debris that is orbiting around Earth. There are half a million pieces of space debris in orbit that are the size of a marble or larger, and over 23,000 pieces that are larger than a softball. Broken […]

The Kinks keyboard player John Gosling has died at 75, according to the band’s official social media page. No cause or further details were provided. “We are deeply saddened by the news of the passing of John Gosling. We are sending our condolences to John’s wife and family.” Lead singer Ray Davies added, “Condolences to his wife Theresa and family. […]