Cost of living: Beyond Meat prices go up as prices rise overall.
The company that makes plant-based meat substitutes says that for the three months ending in June, net sales were 30.5% lower than the same time last year. During extended trade in New York, the company’s stock dropped by almost 12%….
The global box office for Barbie’s film has surpassed $1 billion.
The film will end the weekend with $1.03 billion (£808 million) in global ticket sales, according to a statement released on Sunday. Greta Gerwig is the first woman to attain this milestone as a solo director. It was dubbed a…
Zuckerberg is ‘not holding his breath’ about Musk’s cage fight.
Mark Zuckerberg, CEO of Meta, has stated that he is “not holding his breath” over a hypothetical cage fight with rival Elon Musk. Zuckerberg proposed the date for the showdown in a post on the new social networking app Threads….
British Airways employees will have a 13% wage increase.
Workers will also receive a one-time payment of £1,000, but pilots and managers will be exempt, according to the agreement. After months of negotiations, the agreement reduces the risk of interruption as demand for air travel rises. Workers are pressing…
Despite interest rate increases, the US labor market remains stable.
IniEmployers 4475-2added 187,000 jobs in July, similar to June, while the unemployment rate fell to 3.5% from 3.6% the previous month, according to the Labor Department. Despite a steep spike in borrowing costs, the report was the latest indicator of…
After Kanye West’s divorce, Adidas still makes millions on Yeezys.
After parting ways with musician and fashion designer Kanye West, Adidas made millions on the first “drop” of Yeezy trainers. Between April and June of this year, sales of the shoes were recorded at €400m (£344m) by the sportswear company….
Predicted to be the United Kingdom’s 14th consecutive interest rate increase
The Bank of England is likely to raise interest rates for the 14th time in a row as it tries to slow down inflation. The majority of experts expect the Bank to raise its base rate later on Thursday, from…
Warner Bros. apologizes for responding to atomic bomb memes in the Barbie film
Warner Bros. has apologized after an official Barbie Movie account responded to Barbenheimer memes with images of atomic bombs. Margot Robbie was photographed with a mushroom cloud haircut. “This Ken is a stylist,” said the official Barbie movie account. Barbie…
Despite Hollywood strikes, Netflix advertises $900,000 AI positions.
After posting a job advertisement for an artificial intelligence (AI) expert, Netflix elicited an outraged response from striking Hollywood actors and writers. The new post would be part of Netflix’s Machine Learning Platform team, which drives the Netflix algorithm that…
Barbie: Mattel wants to make more movies because toy sales are down.
The California company said its sales for the three months ending in June were down by 12%. In future Hollywood movies, Mattel’s brands, like Barney, Hot Wheels, and Polly Pocket, will also be seen. Ynon Kriez, the CEO of Mattel,…
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