In a significant acquisition that resonates with both film enthusiasts and music lovers, Kino Lorber and Zeitgeist Films have obtained the North American rights to *Liza: A Truly Terrific Absolutely True Story*, a feature documentary that chronicles the life and illustrious career of the renowned performer Liza Minnelli. Directed by Bruce David Klein, this Atlas
As the week closed, the Nasdaq Composite experienced a notable rise, driven primarily by the performance of large-cap technology stocks. The market’s positive trajectory came amidst the anticipation of significant quarterly earnings reports from major industry players, setting the stage for potential fluctuations in market sentiment. Tesla stood out with a staggering increase of 3.36%,
The stock market is a dynamic arena where companies can witness substantial fluctuations in their share prices based on earnings reports, legal rulings, and industry trends. Recent midday trading has illustrated this volatility, offering valuable insights for investors and market watchers alike. Below, we dissect key movements among various companies, analyzing the potential reasons behind
In a bid to stabilize its precarious financial situation, Spirit Airlines has announced a series of aggressive cost-reduction strategies that have instigated a remarkable surge in its stock prices. Just last Friday, the airline’s shares soared by 16%, closing at $2.79. The airline’s decision to sell 23 outdated Airbus aircraft is expected to yield $519
In an unexpected turn of events, Delta Air Lines initiated legal proceedings against CrowdStrike on the grounds of breach of contract and negligence. The incident that triggered this lawsuit occurred in July, causing widespread disruption across the airline industry. While an outage caused by a flawed software update crippled Delta’s operations and resulted in the
In a remarkable turn of events, Philip Morris International (PMI) has experienced unprecedented growth, with its shares hitting record highs thanks to the escalating demand for its Zyn brand of oral nicotine pouches. This surge is not only indicative of changing consumer preferences but also marks a significant strategic shift for a company historically viewed
In a striking escalation of events within the aviation industry, Delta Air Lines filed a lawsuit against the cybersecurity firm CrowdStrike following a catastrophic outage in July that led to approximately 7,000 flight cancellations. This incident, which has been described as one of the most disruptive in the airline’s recent history, affected 1.3 million customers
In a notable resurgence of a classic American vehicle brand, Scout Motors, under the Volkswagen umbrella, has unveiled its inaugural electric vehicles (EVs) while simultaneously pivoting to include an emerging category of plug-in hybrid electric vehicles known as Extended-Range Electric Vehicles (EREVs). Originally founded in 1961 and ceasing production in 1980, the Scout brand holds
Ten years have elapsed since the original John Wick graced the silver screen, a film that, upon its initial release, hardly captured the attention of audiences. Directed by Chad Stahelski and scripted by Derek Kolstad, it seemed like just another R-rated action flick starring Keanu Reeves, which may have been overshadowed by other big releases
WiseTech Global, a prominent name in the Australian software landscape, witnessed a dramatic surge in its stock price following a significant leadership change. Richard White, the company’s billionaire founder and CEO, transitioned to a consulting role amidst swirling allegations concerning his personal life. The move resulted in an initial stock price increase of 22%, indicating