A report released by the Federal Reserve Bank of Philadelphia on Thursday showed a continued contraction in regional manufacturing in the month of May, although the pace of contraction slowed by more than expected. The Philly Fed said its diffusion index for current activity surged to a negative 10.4 in May from a negative 31.3 in April. While a negative […]

(Updated with more details) Ron DeSantis is running for President. Making it official today after months of proxy campaigning, the Florida Governor unveiled his 2024 White House ambitions just before a scheduled Twitter hosted interview with the social media company’s owner Elon Musk. Earlier Wednesday, DeSantis filed the paperwork necessary with the Federal Election Commission to begin his bid. Already […]

The Adani Group, a conglomerate that builds and operates ports, power lines and food factories across India, began the year nearly on top of the world — having increased in value tenfold over the previous two years. Its founder and chief executive, Gautam Adani, was ranked the second-richest man on Earth last summer, just behind Elon Musk. Then it crashed […]

EXCLUSIVE: In a seismic development for the indie film sector, bond companies are refusing to insure movies ahead of a potential SAG-AFTRA strike on July 1. This eventuality has been bubbling for a little while, but its first known casualty is a high-profile case. Oscar winner Pawel Pawlikowski’s The Island, set to star Oscar winner Joaquin Phoenix (Joker) and Oscar […]

UTA on Tuesday morning announced 65 promotions across 20 departments, including MP Literary, Music, Unscripted Television, Klutch Sports Group, Production Arts, UTA Entertainment & Culture Marketing, Media Rights, MediaLink, Endorsements & Voiceover, IQ, Brand Studio, Business Affairs, Corporate Strategy, Culture & Leadership, Finance & Accounting, Fine Arts, Information Technology, People, Theatre, and UTA Speakers.  Women constituted more than 50% of […]

Encouraging results for the fourth quarter of the 2022-23 financial year (Q4FY23) have led to a big surge in the share price of DLF. The realty major closed FY23 with Rs 15,000 crore (up 107 per cent year-on-year or YoY) of pre-sales, leading to cash generation of Rs 2,500 crore (up 14 per cent YoY) and reduced net debt by […]

The shotgun is among the most popular and versatile firearm types on the market today. Descended from “fowling pieces” in 16th century Europe, the modern shotgun is a smoothbore long gun that can typically fire either a spray of shot or a single slug, making it well suited to a variety of functions, including competitive sport shooting, home defense, and […]

If the feud between Disney and Florida Gov. Ron DeSantis was going to be escalated yet again, parks chief Josh D’Amaro didn’t seem like he would be the one to do it. In an appearance Monday at the JP Morgan Global Technology, Media & Communications Conference, the chairman of Disney’s Parks, Experiences and Products unit affirmed taht the Florida clash […]

Meta on Monday was fined a record 1.2 billion euros ($1.3 billion) and ordered to stop transferring data collected from Facebook users in Europe to the United States, in a major ruling against the social media company for violating European Union data protection rules. The penalty, announced by Ireland’s Data Protection Commission, is potentially one of the most consequential in […]