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Walt Disney Co. is laying off several hundred employees across its film and TV businesses, cuts that underscore the entertainment industry’s contraction is far from over. The staff reductions began Monday and are falling on employees in marketing, publicity, casting and development, along with corporate financial operations, according to the company. Hollywood has been in … Read more
Warren Buffett surveys the concourse ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway shares got a boost after Warren Buffett’s conglomerate reported a surge in operating earnings, but shareholders who were waiting for news of what will happen to its enormous pile … Read more
Cryptocurrencies were indeed under pressure Saturday, days after U.S. tariff threats triggered market turbulence. The market chaos follows President Donald Trump’s executive order on Jan. 31, imposing tariffs on imports from Mexico, Canada, and China. Although the tariffs on Mexico and Canada remain on pause, the move was enough to rattle investors and spark sell-offs … Read more
Despite the results, Tesco’s shares fell by 2% as investors grow concerned over the longer term performance. Read More
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