Latest in Disney is turning record parks profits — even before its big expansions
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Disney is turning record parks profits — even before its big expansions
Disney is breaking ground on new additions and updates to its theme parks, but it will be several years before they become available to the public.Business - CNBC - 2 hours ago -
Halloween to holidays: How Disney turns over its parks between its two most important seasons
October and December are two of the most popular travel months for the Disney parks, according to Gavin Doyle, founder of MickeyVisit.com.Business - CNBC - November 2 -
Reddit shares soar 25% as it turns its first profit
Social media platform says it has attracted nearly 100mn daily active users with its ad tech investments starting to pay offBusiness - Financial Times - October 29 -
PayPal beat big on a profit metric, but here’s why its stock is falling
PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”Business - MarketWatch - October 29 -
LA Dodgers spent big in free agency before winning big. The 2025 class might be even deeper
The Los Angeles Dodgers spent big last offseason before winning big this postseason, taking home a World Series title after committing more than $1 billion on players like Shohei Ohtani, Yoshinobu ...Sports - ABC News - November 3 -
Disney rolls out line-skipping park passes costing up to $449
Disney parks are adding a top-tier, line-skipping upgrade with a whole new world of pricing: as much as $449 per person on top of park admission, Walt Disney Co.Top stories - NBC News - October 17 -
Iberdrola Profit Lifted by Record Investments
Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.Business - The Wall Street Journal - October 23 -
Disney’s stock surges as streaming profits grow and film releases shine
“Inside Out 2” and “Deadpool & Wolverine” were big winners for Disney in the latest quarter.Business - MarketWatch - Yesterday -
Disney stock surges on streaming growth, guidance
Revenue for Disney's entertainment segment – which includes the traditional TV networks, direct-to-consumer streaming and films – increased 14% year over year.Business - CNBC - Yesterday -
The expansion of BRICS signals shift away from the West, not a turn against it
The BRICS group — named after its five founding members, Brazil, Russia, India, China and South Africa — has become a broader grouping of non-Western countries that wants to stay out of growing ...Politics - The Hill - October 28 -
Disney doesn't plan to change its TV networks portfolio anytime soon
Disney doesn't foresee parting with its TV networks, more than a year after CEO Bob Iger went public with the consideration.Business - CNBC - Yesterday -
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Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
Foxconn reiterates forecasts after record profits
Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after record earnings and profit.Business - MarketWatch - Yesterday -
Parks, zoo, schools close in Pakistan as residents choke on record-breaking smog
Authorities in a broad swath of eastern Pakistan have closed all parks and museums because of record-breaking smog that already has prompted the closure of schools and government offices and has ...World - ABC News - November 8 -
Six Flags’ revenue beats as theme-park operator says consumers flocked to its parks in October
Six Flags Entertainment Corp.’s stock rose 2.9% early Wednesday, after the theme-park operator’s third-quarter revenue beat consensus estimates and it said strong consumer demand continued through ...Business - MarketWatch - November 6 -
How Taxpayers Are Helping Health Insurers Make Even Bigger Profits
Local governments often face extra fees when employees get out-of-network medical care, but some don’t track the insurance charges or even know about them.Business - The New York Times - October 28 -
Meta Earnings Show Revenue Increase, Even as Spending Spree Continues
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.Business - The New York Times - October 31 -
Hiker found dead in Big Bend National Park in Texas
A hiker was found dead Monday along a trail in Big Bend National Park in Texas after rangers noticed a vehicle that had been parked for several days and launched a search, staff members said.Top stories - NBC News - October 29 -
Disney Q4 bolstered by strong results from streaming, 'Inside Out 2' and 'Deadpool & Wolverine'
Disney’s fourth-quarter adjusted profit beat Wall Street’s expectations, bolstered by strong results from its streaming service and box office success with “Inside Out 2” and “Deadpool & Wolverine.”Tech - ABC News - Yesterday -
Turning the tables on big carbon emitters | Fiona Katauskas
No wonder some members of the Commonwealth heads of government meeting had that sinking feeling. See more of Fiona Katauskas’s cartoons here Continue reading...World - The Guardian - October 24 -
Big crowd turns out to attend a rave at a chippy
A city centre fish bar hosted its first gig with Nottingham MC Window Kid.Top stories - BBC News - October 26 -
Reddit shares soar after company turns first-ever profit
Monthly users rose by nearly half thanks to AI translation feature, and deals for AI training with Google and OpenAI boosted revenue. Reddit on Tuesday reported a quarterly profit for the first ...World - The Guardian - October 30 -
Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.Business - MarketWatch - 5 hours ago -
Travelers’ stock soars as earnings triple despite record catastrophe losses
ravelers’ stock surges toward another record after earnings beat expectations by a wide margin, amid a sharp improvement in underlying profitability.Business - MarketWatch - October 17 -
Deutsche Bank warns of rising bad loan provisions
German lender posts record third-quarter profits but tells investors to brace again for credit risksBusiness - Financial Times - October 23 -
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Revenue for the third quarter grew about 94% year-on-year.Business - CNBC - October 24 -
Musk’s $1mn-a-day voter giveaway could violate US law, DoJ warns
Billionaire Trump backer has targeted swing states with contest ahead of presidential electionBusiness - Financial Times - October 24 -
Amazon's cloud unit records highest profit margin in at least a decade
Amazon Web Services delivered an operating margin of over 38%, the highest since at least 2014.Business - CNBC - October 31 -
Why Constellation Energy’s stock is seeing a record selloff despite profit beat
Shares of Constellation Energy Corp. were in danger of a record selloff on Monday and were headed for their lowest prices since before the nuclear-power company signed a 20-year power-purchasing ...Business - MarketWatch - November 4 -
Big Tech scrutiny will continue under Trump, even without Lina Khan
Lina Khan’s controversial tenure as Federal Trade Commission (FTC) chair seems at an end with President-elect Trump’s win last week, removing a massive “thorn” in the side of large tech firms that ...Politics - The Hill - 3 days ago -
Disney names Morgan Stanley Executive Chairman James Gorman as its next board chairman
Disney names Morgan Stanley Executive Chairman James Gorman as its next board chairmanEntertainment - ABC News - October 21 -
Disney is doubling its fleet of cruise ships. What that says about the company's strategy
As the future clouds for Walt Disney Co.'s lucrative theme parks business, one bright spot continues to be its cruise line.Entertainment - Los Angeles Times - October 23