Author: Press Room
Writers for television, movies and streaming shows have voted overwhelmingly to go on strike if no labor deal can be reached before a May 1 deadline. The vote announced Monday afternoon showed 97.9% of participating union members voting to approve a potential strike. If a strike happens, it would be the first in the industry since 2007, and it would bring production on many shows and films to a halt. The 2007 strike lasted 100 days. The Writers Guild of America, the union that represents the writers, says it needs to make substantial changes to the way that writers are…
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The cryptocurrency market is currently facing a challenge as it tries to hold on to the momentum it gained after reaching key price milestones last week. Bitcoin and other cryptocurrencies have experienced a decline so far today, leaving the market anticipating its next major development. Amidst the recent market turmoil, what are the top crypto gainers today? Over the last 24 hours, Bitcoin has experienced a decline of 2.76% and slipped down to $29,494, breaking the significant $30,000 level that it had surpassed just last week for the first time in nearly a year.Despite recently trading as high as $31,000 and climbing over…
It’s Friday! Dan DeFrancesco in NYC, which I’m grateful for after reading this horrifying account from a guy who was swallowed multiple times by a hippo. Fun Fact Friday: Abraham Lincoln — yes, that Abraham Lincoln — is in the National Wrestling Hall of Fame with an impressive all-time record.Today, we’ve got stories on a fintech that helps young people optimize their taxes, the NFL has a new owner and he’s from Wall Street, and life on Mars on Earth. But first, I wanna double click on something. To get this newsletter in your inbox, sign up here. 1. Bank earnings are back. Time flies…
When you buy through our links, Insider may earn an affiliate commission. Learn more. The PlayStation 5 Pulse 3D is Sony’s official wireless gaming headset for the PS5. The headset costs $100, comes in three colors, and works great with the PS5’s 3D audio feature. But while the Pulse 3D perfectly matches the PS5’s design, its battery and mic performance are mediocre. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app The Pulse 3D Wireless Headset is designed by Sony specifically with the PS5 in…
The increase in defaults came after Silicon Valley Bank and Signature failed last month © Benjamin Fanjoy/AP Corporate defaults around the world reached their most elevated level since December 2020 last month, jerked higher by the collapse of Silicon Valley Bank and Signature Bank.Fifteen Moody’s-rated corporate borrowers defaulted on their debt obligations in March, up from 12 in February and six in January, the agency said. That uptick took global defaults for the first quarter of 2023 to 33, the largest figure since the final three months of 2020.The increase in defaults came after SVB and Signature failed last month.…
A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. American perceptions of immigration policy tend to focus primarily on the southern border with Mexico. Crossing the border might seem like the beginning of an immigration story from inside the US, but it’s not. Migrants may have already traveled many thousands of miles, fleeing lack of opportunity or violence at home, risking their life savings and their safety. For some idea of how difficult the journey is, take a look at “The Trek: A Migrant Trail to America,”…
U.S. stocks are poised for a higher open ahead of a busy earnings week, plus data on U.S. economic indicators, and housing market reports. At 6:20 p.m. Eastern time on Sunday, Dow Jones Industrial Average futures gained 42 points or 0.1%; the S&P 500 futures gained 0.2%; and Nasdaq Composite futures gained 0.1%. Crude oil futures (West Texas Intermediate, the U.S. standard) fell 0.1% to $82.44 a barrel. Brent crude, the international standard, lost 0.1% to $86.24 a barrel. Sixty S&P 500 companies report earnings this week, including: Charles Schwab, J.B. Hunt Transport Services, M&T Bank, and State Street on…
For International Business Machines Corp., earnings may need to be “nearly pristine” to preserve the stock in a tough environment for companies’ tech-budget decisions. IBM IBM, -0.25%, which now receives about three-quarters of its revenue from tech services, reports first-quarter earnings Wednesday after the close of markets. In a recent note, Morgan Stanley analyst Erik Woodring said he is leaning “tactically cautious” into the report because of continued uncertainty about IT budgets in 2023. “IBM needs to print a nearly pristine [first quarter],” Woodring wrote. “Otherwise, any small blemishes in the quarter are likely to result in post-earnings stock weakness…
As millions of taxpayers race to file their taxes by Tax Day on Tuesday, April 18, people recovering from massive snowstorms, devastating mudslides, tornadoes and other natural disasters have extra time to get their tax returns in order. Tuesday marks the day when people need to pay their tax bill or arrange an installment plan, in order to avoid failure-to-pay penalties. It’s also the deadline to file a return or submit an extension in order to avoid failure-to-file penalties. Extensions give an extra six months to file a return, going up to Oct. 16. But the rules are not for…
