In a time when the box office is struggling due to a lack of content and a discerning audience, Fathom Events has managed to defy the odds and post record revenue gains. The joint venture between AMC, Regal, and Cinemark has been in the business of bringing alternative content to the big screen for the
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In a sea of branded apparel at the U.S. Track & Field Olympic Trials, a group of 35 unsponsored athletes stand out in their all-black, logo-less gear. This unconventional choice is part of Bandit Running’s Unsponsored Project, aiming to challenge the traditional sponsorship model for professional athletes and to support up-and-coming competitors. In the world
The food industry is constantly evolving, and the latest trends in protein choices are proof of that. At the recent Summer Fancy Food Show, fish emerged as the hottest protein option, challenging traditional choices like chicken and beef. Alongside fish, game meat made a notable appearance as an upgrade to charcuterie boards, adding a unique
NASA and Boeing have announced an extension of the first crewed flight of the Starliner capsule, named “Calypso,” at the International Space Station. This extension is aimed at conducting further testing on the spacecraft’s thruster technology at White Sands, New Mexico. The crew flight test carried out by Boeing represents a significant milestone as it
Nike CEO John Donahoe’s leadership at the world’s largest sportswear company is being called into question after a string of disappointing news. The company reported a bleak outlook for the current quarter, with sales expected to decline by a staggering 10%, far worse than what was previously projected. This comes after their slowest annual sales
The cost of prescription medications in the United States has been on a steady rise, increasing by a staggering 37% since 2014. This surge in prices far exceeds the rate of inflation, ultimately burdening consumers with higher out-of-pocket expenses. According to data from GoodRx, the average American now spends $16.26 out of pocket for each
Chinese automakers are projected to expand rapidly outside of China, aiming to achieve 33% of the global automotive market share by 2030. According to a recent report by AlixPartners, this growth is expected to come predominantly from markets outside of China, with sales increasing from 3 million to 9 million vehicles by the end of
The Biden administration recently announced that it will be imposing inflation penalties on 64 prescription drugs for the third quarter of this year. This move aims to lower costs for certain older Americans who are enrolled in Medicare. President Joe Biden has been vocal about his commitment to lowering drug prices in the U.S., and
Morgan Stanley is making significant strides in the realm of artificial intelligence with the introduction of a groundbreaking assistant called Debrief. This innovative tool is set to streamline the workflow of the bank’s financial advisors by taking over repetitive tasks, saving valuable time and enhancing productivity. By leveraging the power of AI, Morgan Stanley aims
FedEx witnessed a significant increase in its shares by over 15% in after-hours trading following the release of its fiscal fourth-quarter results. The company exceeded analyst expectations in both earnings and revenue, with earnings per share coming in at $5.41 adjusted compared to an expected $5.35, and revenue reaching $22.11 billion against an estimated $22.07