Streaming is getting more expensive for consumers. Here’s why
Jaque Silva | SOPA Images | Lightrocket | Getty Images Streaming is finally starting to pay off for media companies, but there’s a catch — to get there, consumers are facing higher subscription costs and increasingly frequent price hikes. Legacy media companies entered the streaming market with a focus on gaining subscribers and competing with […]
Walmart says prices are coming down — except in one key area
A customer pushes her shopping cart through the aisles at a Walmart store in the Porter Ranch section of Los Angeles. Kevork Djansezian | Reuters Prices of many groceries and other items have fallen at Walmart, according to CEO Doug McMillon. Yet the leader of the nation’s largest retailer said Thursday that inflation “has been […]
JD.com shares rise in Hong Kong after profit nearly doubles
JD.com shares rose sharply in Hong Kong after the Chinese e-commerce giant’s profit nearly doubled in the second quarter.
New Lincoln Navigator includes spa mode, 48-inch display for gaming
2025 Lincoln Navigator Lincoln Ford Motor is updating its Lincoln Navigator to include a 48-inch front display that can be used as a “sanctuary” for spa lovers and gamers alike. The new feature comes as the automaker has redesigned the exterior and interior of the vehicle for the 2025 model year — and as the […]
Paramount stock jumps after report of new bid for parent company
Paramount Global’s stock rose after The Wall Street Journal reported that media executive Edgar Bronfman Jr. was preparing an offer to buy National Amusements, the family company that owns the legacy media business.
United CEO expresses ‘renewed confidence’ in Boeing after meeting CEO
United Airlines CEO Scott Kirby celebrates the opening of a new addition to its Flight Training Center in Denver, Colorado, on Feb. 22, 2024. Hyoung Chang | Denver Post | Getty Images United Airlines CEO Scott Kirby says he is optimistic about Boeing‘s recovery after meeting with the manufacturer’s new chief executive. It’s an upbeat […]
What’s next for Biden’s Medicare drug price negotiations
U.S. President Joe Biden and Vice President Kamala Harris walk out together, at an event on Medicare drug price negotiations, in Prince George’s County, Maryland, U.S., August 15, 2024. Ken Cedeno | Reuters The Biden administration on Thursday reached a milestone in Democrats’ decades-long quest to use Medicare to drive down prescription drug costs, releasing […]
Why Real Madrid’s Vinícius Jr. may decline a $1 billion offer from another club
Carlo Ancelotti, Vinícius’s coach at Madrid, said rumors of a transfer to Saudi Arabia are ‘pure speculation’
NBC NBA media rights key for Peacock streaming growth
The NBA logo is seen outside an NBA fan store in New York on July 8, 2024. Angela Weiss | AFP | Getty Images Executives at Comcast‘s NBC Sports targeted the NBA’s media rights renewal on their calendars for years. They wanted the NBA back after losing the games to Disney in 2002. But it […]
Terran Orbital’s stock drops as Lockheed Martin scoops up satellite maker at lower price
Terran Orbital Corp.’s stock lost more than a third of its value Thursday after the specialist in robotic manufacturing of space satellites agreed to be acquired by Lockheed Martin Corp. at one-quarter of an earlier offer for the company.
