Disney shares fall on jitters over streaming subscriber losses
Business

Disney shares fall on jitters over streaming subscriber losses

May 11 (Reuters) – Walt Disney Co (DIS.N) shares ended down more than 8% on Thursday as a surprise drop in streaming subscribers fanned worries that the media and entertainment company could be sacrificing growth in its bid to stem losses.The decline erased about $16 billion from the company’s market value and marked the stock’s… […]

Pharma’s obesity gold rush will have limits: podcast
Business

Pharma’s obesity gold rush will have limits: podcast

LONDON, May 11 (Reuters Breakingviews) – Drugmakers Novo Nordisk and Eli Lilly are vying for a large slab of the weight loss medications market, which analysts reckon could be worth $100 bln by 2031. In this Viewsroom podcast, Breakingviews columnists discuss how investor optimism in a booming market is unwarranted.Listen to the podcastFollow @aimeedonnellan on… […]

Peloton recalls two million exercise bikes over seat issue
Business

Peloton recalls two million exercise bikes over seat issue

[1/2] A stationary bicycle inside of a Peloton store is pictured in the Manhattan borough of New York City, U.S., January 25, 2022. REUTERS/Carlo Allegri/File Photo/File PhotoMay 11 (Reuters) – Peloton Interactive Inc (PTON.O) will recall 2.2 million exercise bikes due to the risk of injuries from a seat-related issue, the company said on Thursday,… […]

E-40 Receives Honorary Doctorate Degree from Grambling State University
Entertainment

E-40 Receives Honorary Doctorate Degree from Grambling State University

E-40 Gets Honorary Doctorate Degree From GSU Alma Mater!!! 5/12/2023 10: 30 AM PT E-40 can officially be referred to as Dr. E-40 now that he has an honorary doctorate from the same school he attended as an undergrad way back in the ’80s. The legendary rapper was awarded the degree Friday during Grambling State… […]

Sugar Bowl postponed one day following deadly New Orleans attack
Economy

Sugar Bowl postponed one day following deadly New Orleans attack

The Mercedes-Benz Superdome after a sudden power outage during Super Bowl XLVII. The stadium is now known as the Caesars Superdome. Getty Images The Sugar Bowl has been postponed one day until Thursday following the deadly attack in New Orleans. The decision comes hours after a 42-year-old man crashed a pickup truck into a crowd […]

The battered bond market starts 2025 facing some difficult issues about debt
Economy

The battered bond market starts 2025 facing some difficult issues about debt

The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images As if the bond rout in 2024 wasn’t bad enough, fixed income investors face multiple challenges in the year ahead, including one under-the-radar worry about short term notes coming due. Nearly $3 trillion of U.S. debt is […]

Johnny Depp’s New Deal With Dior Is Reportedly Worth Over $20 Million
Entertainment

Johnny Depp’s New Deal With Dior Is Reportedly Worth Over $20 Million

Johnny Depp Dior Paying Him Over $20 Million … In Record-Setting Deal 5/12/2023 10: 17 AM PT Johnny Depp is being paid a record amount to be the face of Dior’s Sauvage men’s scent. The actor’s three-year deal with Dior is worth north of $20 million … according to Variety. It’s the most lucrative men’s… […]