Recently, Warner Bros. Discovery’s Max announced price increases for its ad-free options, joining a trend of various streaming platforms raising their membership fees. This decision comes just before the much-anticipated second season premiere of HBO’s “Game of Thrones” prequel, “House of the Dragon,” which drew a record-breaking number of viewers. The streaming service currently offers
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Ford Motor experienced an 11.2% increase in U.S. new vehicle sales in May compared to the previous year. This growth was primarily driven by a significant surge in hybrid and all-electric vehicle sales, with both segments showing a remarkable 65% increase. In contrast, sales of traditional vehicles with internal combustion engines only rose by 5.6%.
Paramount Global’s current leadership team recently unveiled a go-forward plan at the company’s annual shareholder meeting, outlining strategic priorities in the event that a potential sale of the company does not materialize. The plan, presented by the “Office of the CEO” comprised of CBS CEO George Cheeks, Paramount Media Networks CEO Chris McCarthy and Paramount
The entertainment industry is abuzz with news of a possible merger between Paramount and Skydance. CNBC’s David Faber has reported on the ongoing negotiations between the two companies, with a deal expected to be announced soon. The merger would involve David Ellison’s Skydance, backed by private equity firms RedBird Capital and KKR, acquiring a significant
Jeep is setting ambitious goals for the growth of its plug-in hybrid electric vehicles (PHEVs) in the U.S. market. The brand, under the leadership of CEO Antonio Filosa, aims to increase sales of PHEVs by as much as 50% this year. With a target of selling 160,000 to 170,000 PHEVs in the U.S., Jeep is
Moderna and Merck recently shared promising data from a three-year study focused on their experimental vaccine used in conjunction with Keytruda for patients suffering from a severe form of skin cancer. This unveiling took place during the American Society of Clinical Oncology annual meeting in Chicago. The findings showcased a significant improvement in survival rates
Adam Moelis co-founded Yotta, a fintech startup, with the intent of revolutionizing the way Americans save money. The goal was to provide a unique way for individuals to build financial security to navigate life’s challenges. However, what began as a promising venture quickly turned into a nightmare for thousands of Yotta customers. This unfolding crisis
Pfizer’s drug, Lorbrena, has shown significant promise in the treatment of advanced non-small cell lung cancer in patients with a mutation in the ALK gene. The latest data from a late-stage trial has demonstrated that Lorbrena helped patients live longer without the progression of their cancer, with most patients experiencing this benefit for over five
Recently, the Food and Drug Administration approved Moderna’s vaccine for respiratory syncytial virus (RSV) for adults ages 60 and above. This approval marks a significant milestone for Moderna, especially considering the company’s need for an additional revenue source due to declining demand for its Covid jab. The Approval Process Moderna’s vaccine for RSV was approved
In a recent statement by Bank of America CEO Brian Moynihan, it was highlighted that both U.S. consumers and businesses have become more cautious about their spending habits this year due to the impact of elevated inflation and interest rates. Moynihan mentioned that there has been a noticeable slowdown in the rate of purchases made