European stocks fell on Thursday to touch three-week lows after Eurozone’s Services PMI was finalized at a six-month low of 50.9 in July. U.K. services growth cooled to a six-month low in July and German exports data disappointed, adding to concerns around slowing growth. Investors also awaited the Bank of […]

Deutsche Lufthansa AG reported Thursday significantly higher profit in its second quarter with strong revenue growth amid ongoing demand growth in global air travel. Looking ahead for the third quarter, the German flag carrier expects adjusted EBIT to exceed the pre-crisis level of 1.3 billion euros in 2019. The firm […]

A midday robbery at the Americana at Brand mall in Glendale, Calif. on Tuesday saw thieves make off with an estimated $300,000 in merchandise. The group, estimated at 30-40 people, hit the Yves Saint Laurent store at the mall, according to authorities. The Americana is a major indoor-outdoor hub in […]

Disney interim chief financial officer Kevn Lansberry said the company is “very comfortable with our current liquidity position” as the time approaches for it to buy Comcast’s one-third stake in Hulu. Comcast can “put” its stake to Disney, or Disney can call it in, in January. Disney CEO Bob Iger said back […]

Oscar-winning actress Angelina Jolie has signed on as a lead producer of the Broadway-bound musical adaptation of The Outsiders, the producing team announced today. Based on the 1967 novel by S.E. Hinton and the 1983 film adaptation by Francis Ford Coppola, The Outsiders musical had its world premiere engagement at […]

The national median household income reached $69,021, according to the U.S. Census Bureau December release of the 2021 American Community Survey five-year estimates. Median household income is an important indicator for understanding the level of wealth in places throughout the country.  The recent five-year national median household income is 10% […]

As the war in Ukraine enters its 19th month, Ukraine continues to press its counteroffensive to try and expel Russian forces from the eastern part of the country. At the same time, the outgunned and outmanned defenders are stepping up drone attacks on Moscow to bring the war to Russia […]

Since the beginning of the 20th century, the United States has performed hundreds of military interventions in other countries, with some of these interventions becoming all-out wars or occupations. In international law, an occupation occurs when a territory comes under the control of a hostile military. (The U.S. government is […]

Unlike any other business, banking is a turf where the captain’s role is the most critical.Often a bank is defined by the personality of the CEO who runs it.Both HDFC Bank and Kotak Mahindra Bank are the creation of their CEOs, notes Tamal Bandyopadhyay. Uday Kotak, MD and CEO of […]

Lesli Linka Glatter has been re-elected president of the Directors Guild of America by acclamation of the delegates at the DGA’s Biennial National Convention in Los Angeles. “I am thrilled to say we are as strong and united as ever before,” she said. “Together, we will continue our shared fight […]