2024 - Page 55 of 121

Harris, Walz Kick Off Campaign, Taking Direct Target at Trump’s Record

Aug

Harris, Walz Kick Off Campaign, Taking Direct Target at Trump’s Record

More news - Latest news At their joint inaugural rally in Philadelphia, Vice President Kamala Harris, now a presidential candidate, and her chosen candidate, Minnesota Gov. Tim Walz, addressed a large crowd. Walz expressed his excitement about their partnership to more than 12,000 attendees, according to Harris' campaign team. "It's a privilege to join this dynamic slate," he noted, bringing a wave of excitement to the gathering. In her speech, Harris emphasized her search for a vice president who embodies a vision of a hopeful future, ultimately choosing Governor Walz for his leadership qualities and Minnesota roots. Despite his initial…

Utah Jazz secure Lauri Markkanen with 8M contract extension

Aug

By Liam Walker

World

Utah Jazz secure Lauri Markkanen with $238M contract extension

More news - Latest news The Utah Jazz have finalized a major five-year, $238 million contract extension with power forward Lauri Markkanen, according to recent ESPN reports Wednesday. The deal comes after much speculation about Markkanen's future following multiple offseason trade discussions. Previously, Markkanen was in the final year of a four-year, $67 million contract. The new extension, which begins next season, effectively adds five more years to his tenure with the Jazz and does not include any player or team options. This agreement includes a six-month hold on any potential trade involving Markkanen, and this restriction will be lifted…

Federal Court Declares Google Has Monopoly on Search Engines

Aug

By Liam Walker

Science and Technology

Federal Court Declares Google Has Monopoly on Search Engines

Related media - Latest news In a landmark ruling in Washington, Judge Amit Mehta ruled that Google unlawfully exploited its dominant position in the Internet search market to strengthen its position and foster innovation, a development that could reshape the digital landscape while also crippling one of the world’s most recognizable companies. The ruling follows a broad legal case launched by the U.S. Department of Justice against Google nearly a year ago. The evidence was carefully examined over the course of a 10-week trial that included detailed testimony from senior executives at Google, Microsoft, and Apple. Three months after final…

Disney Beats Financial Expectations as Streaming Platforms Reach Profitability

Aug

By Liam Walker

Investments and Business

Disney Beats Financial Expectations as Streaming Platforms Reach Profitability

More news - Recent news Disney reported earnings for its fiscal third quarter on Wednesday, beating Wall Street forecasts as its overall streaming business turned profitable sooner than expected. According to LSEG data, Disney's financial performance exceeded expectations: Adjusted earnings per share: $1.39 vs. $1.19 expected Revenue: $23.16 billion, above forecast of $23.07 billion The business segment saw a 19% increase in total operating income to $4.225 billion over the previous year, driven by its entertainment business, particularly its streaming services. For the first time, the conglomerate’s collective streaming entities — Disney+, Hulu, and ESPN+ — turned a profit overall,…

Russia’s discontent with Paris 2024 Olympics amid international tensions

Aug

By Liam Walker

World

Russia’s discontent with Paris 2024 Olympics amid international tensions

Related media - Recent news In the shadow of the Eiffel Tower, amid the ongoing Paris 2024 Olympic Games, a distinct absence is felt. Russia, barred from participating as a nation due to its ongoing conflict in Ukraine, has adopted a decidedly antagonistic stance toward the event. Since the conflict in Ukraine began in early 2022, Russian competitors have faced restrictions, being able to participate only as neutral athletes without national symbols. This year, only 15 athletes represent Russia under these strict conditions. State-affiliated Russian media began highlighting every possible flaw in the games, from minor complaints about meals in…

Disney Announces Price Increases for Hulu, Disney+, and ESPN+ Streaming Services

Aug

By Liam Walker

Investments and Business

Disney Announces Price Increases for Hulu, Disney+, and ESPN+ Streaming Services

Related media - Latest news Disney is set to raise subscription fees for its streaming platforms, including Disney+, Hulu and ESPN+, starting in mid-October. The company announced Tuesday that most plans for these services will see a $1-2 per month price increase. The biggest increase will be Hulu’s live TV packages, which will increase by $6 per month. For Disney+, the basic plan will now cost $9.99 per month, while the premium plan will be priced at $15.99. Hulu’s ad-supported plan will cost $9.99 per month, and the ad-free version will cost $18.99. ESPN+, which includes ads, will be priced…

10-Year Treasury Yield Rebounds From Yearly Low

Aug

By Liam Walker

World

10-Year Treasury Yield Rebounds From Yearly Low

Related media - Latest news Treasury yields rebounded on Tuesday as investors reacted to Monday's sell-off in global markets. As of 5:12 a.m. ET, the benchmark 10-year Treasury yield had risen more than 5 basis points to 3.8371%. That rise followed Monday’s decline, which marked the lowest level for the 10-year yield since June 2023. Meanwhile, the 2-year Treasury yield rose more than 7 basis points to 3.9627%. It’s important to note that yields and prices move inversely, with one basis point equaling 0.01%. Global markets looked poised to recover from Monday's sharp decline. U.S. stocks began the new month…