The demand for cars this year has been extraordinary. However, not all new car owners have been equally happy with their purchase. According to a recently released study that measured the excitement of owners with their new cars, the car Americans hate the most is Chrysler.  The high demand for […]

New York (CNN Business)When McDonald’s opened its doors in Moscow for the first time, it was a big deal. It was the dead of winter — January 31, in 1990 — but still people came out in droves. Grainy CNN television footage shows lines snaking out the door, and throngs […]

Despite theater industry pledges to improve its track record on diversity and inclusion in hiring, the follow-through has fallen “far short” of the promises, says a new report by Actors’ Equity Association. The actors and stage managers union says in its third annual Diversity and Inclusion Hiring Bias Report that […]

European Central Bank policymakers saw the need for a cautious approach to normalization amid rising geopolitical risks and chose to wait for the macroeconomic projections in March to make a better assessment of the outlook for euro area, minutes of the latest rate-setting session showed Thursday. “Geopolitical tensions had increased, […]

The eurozone private sector activity rebounded at the fastest pace since last September, following January’s slowdown, final survey results from IHS Markit showed on Thursday. The composite output index rose to 55.5 in February from 52.3 in the previous month. The flash reading was 55.8. Overall, the index signaled the […]

Discovery today priced $30 billion in senior unsecured notes in a debt offering to raise cash for its merger with WarneMedia. The sale of the notes — in 11 traches with a span of maturities and interest rates — is expected to be completed on or about March 15. The cash […]

Digital Distributor Giant Pictures has acquired Drafthouse Films and announced its first two acquisitions, NR. 10 and Masking Threshold. Giant Pictures’ GM Nick Savva will serve as the new Drafthouse Films CEO and Alamo Drafthouse founder Tim League will be chairman. Financial terms of the transaction weren’t released. Drafthouse Films, a genre […]

One of the most stubborn (by his own admission) Netflix bears, Wedbush Securities analyst Michael Pachter, has issued a landmark upgrade on the streaming giant’s stock. While he still doesn’t consider it a clear “buy,” Pachter raised his rating to “neutral” from “underperform,” with a 12-month price target of $342. […]

Despite significant advances in gender equality, men and women are still treated differently in what is a major barrier to social justice. Globally, women continue to play a lesser role than men in leadership and business. At least one report, by the World Economic Forum, shows that the COVID-19 pandemic […]

EXCLUSIVE: Film distributor and streaming service Mubi is ramping up its plans in the podcasting space. The company has named Rico Gagliano as its head of audio. Based in LA, Gagliano will pull double duty, hosting the company’s inaugural Mubi Podcast and also advising it as it builds out an […]