Business
PVH Lowers Sales Outlook Citing Impact of War in Iran
PVH Corp. might have just rung a warning bell for the rest of the year. While a host of fashion companies have charged into spring,…
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Business
‘Harry Potter’ Agency The Blair Partnership Signals Support for Paramount-WB Merger, Citing Studio’s ‘Long-Term Vision and Commitment to Exceptional Storytelling’ (EXCLUSIVE)
Neil Blair, founder of literary and entertainment agency The Blair Partnership, has signaled his confidence in the Paramount–Warner Bros.…
News
Crew walks out on 'CoComelon: The Melon Patch,' citing labor conditions
The International Alliance of Theatrical Stage Employees is striking against “CoComelon: The Melon Patch” in protest over wages and…
Business
Epic Games lays off 1,000 employees, citing dip in 'Fortnite' popularity
Epic Games, the developer of the popular video game “Fortnite,” is laying off more than 1,000 employees and cutting $500 million in costs.…
Fashion
Stellantis scraps US plug-in hybrid sales, citing weak demand
The automaker’s pullback comes as Detroit carmakers reassess electric-vehicle spending amid policy changes under US President Donald Trump…
News
Trump administration suspends 5 offshore wind projects, citing national security risks
The Trump administration on Monday suspended leases for five large-scale offshore wind projects under construction along the East Coast…
News
Trump administration pauses all offshore wind projects, citing national security risks
Offshore wind farms pose national security risks and will be halted while the government reviews ongoing projects, Trump administration…
News
Arkansas drops PBS, citing costs and loss of federal funding
The fallout from the Trump administration’s dramatic cuts to American public media is only just beginning. The governing group that…
Business
Hepmil founders chose Publicis acquisition over fresh funding round, citing M&A risks
Karl Mak, the startup’s CEO and co-founder, says the team was not confident of executing its own M&A deals While planning for its next…
News
Federal judge orders release of 16 migrants detained in Idaho raid, citing due process violations
A federal judge has ordered the release of 16 people detained by immigration officials during an FBI-led raid at a rural Idaho racetrack…
News
Letitia James seeks fraud charges dismissed, citing 'vindictive' prosecution
New York Attorney General Letitia James asked a federal judge to dismiss the mortgage fraud case against her, claiming it was brought…
Business
Ford lowers annual guidance, citing fire at supplier’s aluminum plant
Ford Motor cut its profit guidance on Thursday, citing fallout from a fire at a critical aluminum supplier that will crimp production of…
News
Zohran Mamdani pulls out of ABC's New York City mayoral event, citing suspension of Jimmy Kimmel
Zohran Mamdani said Monday he is pulling out of an ABC-sponsored mayoral candidate town hall because the network suspended late-night talk…
Business
Ben & Jerry's co-founder resigns citing loss of independence under Unilever
Jerry Greenfield says the Vermont-based company has lost its independence since UK parent Unilever curtailed its social activism Ben &…
News
White House criticizes Israel for attacking Hamas leaders in Doha, citing Qatari-U.S. friendship
President Trump is upset with Israel for bombing Hamas leaders within Qatar, a key U.S. ally, according to the White House. Source link
News
Abrego Garcia seeks dismissal of criminal charges, citing 'vindictive prosecution'
Kilmar Abrego Garcia is asking a federal judge in Tennessee to dismiss human trafficking charges against him as "vindictive prosecution"…
Business
Paramount layoffs: TV and movie giant cuts 3.5% of U.S. workforce ahead of merger with Skydance Media, citing uncertain economy
Paramount Global is cutting 3.5% of its U.S. workforce as customers switch away from traditional pay-TV bundles in today’s shifting media…
Business
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a…
News
Trump, citing national security concerns, signs new travel ban for 19 countries
President Trump issued a new broad travel ban Wednesday on 12 countries and a partial ban on seven others, saying the U.S. doesn't have…
News
Karoline Leavitt Has Bonkers Response to RFK Jr. Citing Fake Studies
The White House can’t explain why its “Make America Healthy Again” commission report cited studies that don’t exist. The report, released…
Business
Newsom proposes $20-million funding cut for California newsrooms, citing budget issues
Gov. Gavin Newsom proposed slashing funding by 67% for a pioneering deal with Google to support struggling California newsrooms, citing…
Business
Sias urges Sin Heng Heavy Machinery shareholders to reject Tal United’s offer, citing 41% discount to NAV
The investors’ watchdog says the offer is ‘not fair and not reasonable’ Source link
Business
Bank of Korea holds rate steady while citing big rise in downside risks
The Bank of Korea kept its benchmark interest rate steady while citing a significant increase in downside risks to growth that have…
Business
Ad-Spending Forecaster Magna Cuts Growth Outlook, Citing Consumer Confidence
One of the advertising industry’s top forecasters has tempered its expectations for ad spending in the U.S., citing a foggy economic…