Article content NEW YORK (AP) — Simon & Schuster has been sold to the private equity firm KKR, months after a federal judge blocked its purchase by rival publisher Penguin Random House because of concerns that competition would shrink in the book market. The private equity giant will buy Simon & Schuster for $1.62 billion […]
Breadcrumb Trail Links PMN Business A Chinese maker of long-range electric vehicle batteries — including one capable of going 1,000 kilometers (620 miles) on a single charge — plans to go public as soon as 2025 as it banks on automakers embracing next-generation cells in the race to overcome range anxiety. Author of the article: […]
Article content The Dungeons & Dragons role-playing game franchise says it won’t allow artists to use artificial intelligence technology to draw its cast of sorcerers, druids and other characters and scenery. D&D art is supposed to be fanciful. But at least one ax-wielding giant seemed too weird for some fans, leading them to take to […]
Article content (Bloomberg) — The US government lab that last year reached a long-sought milestone in nuclear fusion — achieving a controlled reaction that yielded more energy than it took to produce — has repeated the achievement, after months of near-misses. Being able to reproduce the Dec. 5 breakthrough may bring the world one step […]
Breadcrumb Trail Links PMN Business Australia’s central bank will raise interest rates one more time in its current tightening cycle, economists say, and then shift to policy easing next year as inflation cools and economic growth slows to a crawl. Author of the article: Bloomberg News Swati Pandey and Tomoko Sato Published Aug 06, 2023 […]
Article content (Bloomberg) — Barbie, Warner Bros.’ hit movie based on the popular doll, crossed $1 billion in global box-office sales in its third week in release, becoming only the second picture to hit that mark this year. Warner Bros. said on Sunday the movie took in $53 million in the US and Canada in […]
Article content SALEM, Ore. (AP) — Oregon has extended rules restricting the state’s lucrative Dungeness crab fishery in order to protect humpback whales from becoming entangled in ropes attached to crab traps, the state’s fish and wildlife department has announced. Humpbacks, which migrate off Oregon’s coast, and other whales can get caught in the vertical […]
Breadcrumb Trail Links PMN Business A closely watched measure of US inflation will probably illustrate more of the moderate price growth that the Federal Reserve wants to see sustained. Author of the article: Bloomberg News Vince Golle and Craig Stirling Published Aug 05, 2023 • 5 minute read Join the conversation o(csbnmme7j90pi][6ow4o}v_media_dl_1.png Source: Data compiled […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Bobby Caina Calvan Published Aug 05, 2023 • Last updated 16 minutes ago • 3 minute read Join the conversation Article content NEW YORK (AP) — Social media influencer Kai Cenat is facing charges of inciting a riot and promoting an unlawful gathering in […]
Breadcrumb Trail Links PMN Business With Corporate America’s earnings season nearing an end, the takeaway is clear: Challenges remain, but for a broad swath of companies the worst of the profit pain is likely over as margin-shredding inflation pressures ease. Author of the article: Bloomberg News Jessica Menton Published Aug 05, 2023 • 3 minute […]