Disney pulling back on making Marvel, Star Wars content, Iger says
Disney CEO Bob Iger said Thursday on CNBC that the company will cut back on its content creation for major franchises Marvel and Star Wars.
Financial News
G7 countries sign declaration outlining long-term security guarantees for Ukraine
Moscow sharply criticized the G7’s security pledges to Ukraine.
Microsoft-Activision deal moves closer as judge denies FTC injunction request
The U.S. government can now bring the judge’s decision to the U.S. Court of Appeals for the 9th Circuit.
This is ‘the end of the beginning’ of the battle against inflation, economist says
Top Societe Generale economist Kokou Agbo-Bloua said: “The central banks need to trigger a recession … but we’re not there yet.”
Yellen says ‘direct’ and ‘productive’ Beijing talks a step forward in putting U.S.-China ties on ‘surer footing’
Yellen is the second member of the Biden administration to visit Beijing after Secretary of State Antony Blinken’s visit last month.
U.S. soccer star Megan Rapinoe announces retirement
U.S. soccer star Megan Rapinoe on Saturday announced she is retiring from the sport.
Meta’s Twitter rival Threads explodes to 70 million signups one day after launch
The text-based social media product already has 70 million sign-ups, Meta CEO Mark Zuckerberg said on Friday.
Mark Zuckerberg’s Twitter rival passed 30 million signups overnight — here’s how to use Meta’s Threads app and what’s missing
Threads looks very similar to Twitter and connects automatically to a user’s Instagram account.
Fed sees more rate hikes ahead, but at a slower pace, meeting minutes show
The Federal Reserve on Wednesday released the minutes from its June 13-14 meeting.
Air travel chaos in Europe could be over — but higher ticket prices are here to stay
Last summer’s levels of disruption might be “largely behind us,” but don’t expect ticket prices to drop any time soon.