Michael Sugar’s Sugar23 continues to grow as the Management firm has hired Sukee Chew, Anna Weinstein And Alex Creasia.  Chew comes to Sugar23 a seasoned industry veteran with 20 years of experience as a producer and an arsenal of talented screenwriters and filmmakers on her roster. She had previously set up three projects with Sugar23, and due to their camaraderie, […]

Major League Baseball announced Tuesday that every pitcher caught using or possessing foreign substances will be given an automatic 10-game suspension beginning Monday, June 21, and team employees can also be suspended or fined for substances found in their clubhouse or dugout.  Starting pitchers will be checked more than once per game for foreign substances while relievers will be checked at least once.  “After an extensive […]

Cruise, a majority-owned subsidiary of General Motors, has secured a new $5 billion line of credit as it prepares for commercialization of an autonomous ride-hailing business. The new credit is being provided by GM's automotive financing arm to use for the purchase of Cruise's self-driving Origin shuttles. This past month, GM began assembly of 100 pre-production Cruise Origin vehicles that […]

The car industry has gone through a major turnaround. It nearly collapsed at the start of the COVID-19 pandemic. Dealerships shuttered their showrooms because of the danger of contagion. People stopped driving. There was nowhere to go. As 2020 drew to a close, the pent-up demand for cars and light trucks exploded. U.S. car sales could set a record this […]

Homebuilder sentiment dropped 2 points to 81 on the NAHB's monthly index, down from a recent record peak of 90 last November. "Higher costs and declining availability for softwood lumber and other building materials pushed down builder sentiment in June," said NAHB Chairman Chuck Fowke. Builder sentiment rose in the West but fell in all other regions, most sharply in […]

Vaccinations have been one key to slowing the spread of COVID-19 in America. On Monday, 145 Americans died of the disease, down from a rate of well over 2,000 a day at the start of the year. There were 12,874 new cases Monday, compared to a peak of over 200,000 a day. Nevertheless, the total 605,915 American deaths from the […]

New York (CNN Business)A once-in-century pandemic. Political polarization. The fight for social justice. An existential climate crisis. The modern CEO faces a minefield of vexing challenges every day. “We’re only at the tip of the iceberg,” Tim Ryan, US chairman of PricewaterhouseCoopers, told CNN Business. That’s why PwC, the 160-year-old accounting and consulting giant, is embarking on a serious makeover […]

LONDON/HONG KONG (Reuters) – World stocks hit yet another record high on Tuesday, with European stocks poised for their longest winning streak since 2019 as investors bet likely “transitory” inflation pressures will stay the U.S. Federal Reserve’s hand from signalling a shift in policy settings.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in […]