‘Spider-Man’ joins list of 2026 billion-dollar movies

“Toy Story 5,” “The Super Mario Galaxy Movie” and “Spider-Man Brand New Day.” Disney | Universal Pictures | Sony Billion-dollar films are back in Hollywood. The theatrical industry welcomed its fourth billion-dollar film of 2026 this week as Sony and Marvel’s “Spider-Man: Brand New Day” surpassed the coveted benchmark. It joins the three-comma ranks alongside…

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E.l.f. Beauty (ELF) Q1 2027 earnings

The New York Stock Exchange welcomes e.l.f. Beauty (NYSE: ELF), on March 18, 2024, to the podium to celebrate its 20th anniversary of founding. To honor the occasion, Tarang Amin, Chairman & CEO, joined by Tara Dziedzic, NYSE Head of Listings – U.S. Sectors, rings The Opening Bell®.    E.l.f. Beauty‘s profits nearly doubled during…

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Online marketplace cutting 12% of staff

The Etsy Inc. headquarters in the Brooklyn borough of New York, US, on Tuesday, June 25, 2024. Victor J. Blue | Bloomberg | Getty Images Etsy said Wednesday it’s laying off about 220 employees, or roughly 12% of its workforce, as the online marketplace looks to simplify its organizational structure and innovate faster in an…

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Disney parks buck travel slowdown

People gather at the Magic Kingdom theme park before the “Festival of Fantasy” parade at Walt Disney World in Orlando, Florida, July 30, 2022. Octavio Jones | Reuters Disney parks are defying a slump in international travel to the U.S., posting record quarterly revenue for the company’s experiences division on Wednesday. The experiences segment, which…

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Situational Awareness meltdown was warning shot

Leopold Aschenbrenner (L) and Bank of America CEO Brian Moynihan. Photo: Josh Edelson (L) | Oscar Molina (R) Bank of America CEO Brian Moynihan on Wednesday called the recent near-collapse of high-flying AI hedge fund Situational Awareness a warning shot for financial markets that are being fueled by elevated valuations and borrowed money. Situational Awareness,…

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