Summer Movie Season Fizzles Out, With Few Blockbusters to Count On This Fall
This summer’s movie season started with a bang, but ended with a whimper, running out of hit movies well before...
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Starbucks Names Laxman Narasimhan New CEO
Mr. Narasimhan, 55 years old, has served as chief executive of the maker of Lysol and Enfamil baby formula, U.K.-based...
Peloton Delays 10-K Annual Report to Complete Accounting
Peloton Interactive Inc. PTON -8.50% said it needs to delay filing its annual report with securities regulators, the latest setback...
As Online Gambling Grows, So Does the Financial Crime Risk
Online gambling is booming across the U.S. and compliance experts caution that it creates opportunities for criminals to launder money...
Disney’s New Pricing Magic: More Profit From Fewer Park Visitors
Walt Disney DIS -2.89% used to call Disneyland his “magic kingdom.” These days, Walt Disney Co. has a new magic...
MGM China Pumps $594 Million Into Macau Casino Unit Ahead of License Bid
HONG KONG—The Chinese unit of U.S. gambling company MGM Resorts International MGM -2.50% said it would pump almost $600 million...
China’s Videogame Makers Tap Overseas Markets as Home Prospects Dim
Chinese videogame companies are moving rapidly into the U.S. and other overseas markets as regulations at home tighten and user...
WSJ News Exclusive | Regal Owner Cineworld Nears Bankruptcy as Theater Comeback Lags
Cineworld Group PLC, the owner of Regal Cinemas, is preparing to file for bankruptcy within weeks after struggling to rebuild...
WSJ News Exclusive | Roblox Poaches Seasoned Meta Executive as It Chases Growth in Asia
HONG KONG— Roblox Corp. RBLX -2.19% has poached a Meta Platforms Inc. executive for the newly created role of Asia-Pacific...
Movie Theaters Plot Revival as Americans Show Up for Blockbusters
America’s movie theaters are enjoying a happy plot twist for a change.The summer movie season is wrapping up with several...
Consumers Are Still Spending on Fun
Americans are splurging on summer travel and entertainment, putting their money toward experiences outside of the homes where they spent...
Videogame Companies Face Slowdown as People Spend Less on Gaming
The videogame industry is seeing a sharp slowdown in growth as people are going out again after a pandemic-fueled spurt...
Under Armour Lowers Profit Targets for Year
Under Armour Inc. UA 2.06% lowered its profit targets for its fiscal year, saying the price markdowns and higher freight...
Uber Revenue Doubles, Sending Shares Surging
Uber UBER 18.90% Technologies Inc. doubled quarterly revenue, improved its financial performance and said high inflation was causing more people...
Activision Blizzard Profit Slumps as Sales Shrink
The videogame publisher’s adjusted per-share earnings slipped from the year-ago period but met analysts’ estimates. Photo: Sergio Flores/Bloomberg News Activision...
Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy
About 30% of S&P 500 companies are slated to report earnings in the coming week, according to FactSet. Two Dow...
Apple, Amazon, Meta Highlight Tech-Heavy Earnings Week
A little more than one-third of S&P 500, or 175 companies, are scheduled to report earnings in the coming week,...
Vince McMahon Retires as WWE CEO Amid Sexual Harassment Scandal
Vince McMahon, the king of U.S. wrestling, retired as chief executive officer and chairman of World Wrestling Entertainment Inc., WWE...
Macau Casinos to Reopen Saturday After Covid-19 Shutdown
Casinos in the gambling hub of Macau will be allowed to reopen Saturday after a nearly two-week shutdown amid a...
Hulu Is Driving More Streaming Subscribers to Disney Than Marvel or Star Wars
Hulu has emerged as Walt Disney Co. DIS 0.53% ’s fastest-growing U.S. streaming service, just as the company loads up...
