Disney to limit Marvel movie releases each year as it doubles down on ‘quality’
Disney will release no more than three Marvel films and up to two Disney+ shows each year as it works to place more focus on quality output. CEO Bob Iger made…
Stock
620 posts
The great wealth transfer has started — but millennials, Gen Z may not inherit as much as they anticipate
There’s a massive wealth transfer underway. “It has started and it’s only going to accelerate,” said Liz Koehler, head of advisor engagement for BlackRock’s wealth advisory business. Baby boomers are set to pass more…
Biden administration orders online banker Chime to pay $4.55 million over delayed refunds to customers
The Biden administration has told the online banking group Chime it must pay $4.55 million for failing to issue refunds in a timely manner to customers who had closed their…
Summer box office bust? This season’s movie slate could put up the lowest haul in decades
For the first time since 2009, the box office doesn’t have a Marvel film to kick off the summer movie season — and it shows. Since the 2008 release of…
Former MGM Grand casino president to be sentenced for failing to report bookie’s bets
The former president of the MGM Grand casino in Las Vegas is set to be sentenced Wednesday afternoon on a federal criminal charge related to his failure to report millions…
Disney and Warner Bros. Discovery to bundle streaming services
The bundle is back. Disney and Warner Bros. Discovery are planning to offer their streaming services — Disney+, Hulu and Max — in a bundle mirroring the traditional cable TV package, the companies…
Equinox launches $40,000 membership to help you live longer
High-end fitness chain Equinox is launching one of the most expensive gym memberships in the world — a $40,000-per-year program aimed at improving overall health and longevity. Equinox is teaming…
Renters’ hopes of being able to buy a home have fallen to a record low, survey shows
The dream of home ownership has gotten even further away for renters, with higher housing costs and elevated interest rates standing in the way of the American housing dream, according…
Abortion bans drive away up to half of young talent, CNBC/Generation Lab youth survey finds
The youngest generation of American workers is prepared to move away from states that pass abortion bans and to turn down job offers in states where bans are already in…
Private equity firms circle Peloton for potential buyout
A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and get back to growth after 13 straight quarters…